The municipality is holding unspent funds from national government agencies that have remained idle for over 10 years, along with a list of old, tiny debts that have been on the books for years. Because there are no records to identify them, these outdated items should be refunded or written off.

Why It Matters

Recommended Actions

• Require the MA, in coordination with other concerned Municipal Offices to determine the original source agencies of the ®931,528.32 balances through all available means, including historical records and inquiries with NGAs. If identification proves futile and all remedies are exhausted, prepare and submit the necessary documentation to request for write-off of untraceable balances in accordance with COA Circular No. 2016-005.

Original Audit Finding Excerpt

"Of the reported year-end balance of the Due to NGAs account amounting to ₱6,008,059.40, ₱931,528.32 represents dormant unexpended balances that had been held by the Municipality for over 10 years due to the absence of relevant records, in violation of COA Circular No. 2012-001 dated June 14, 2012."

Source Document