Large portion of 20% Development Fund not utilized
Pulilan · 2021
Severity: ModerateRecommendation: Unknown
What Happened?
Category: Financial ManagementIssue: PerformanceOut of the budget set aside for development projects under the 20% Development Fund, nearly 19 million pesos was not spent by the end of the year. This suggests projects were delayed or not carried out, and the fund was not fully used for its intended purpose.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Capital Outlay 47959904.4 47959904.4 0 28989497.35 18970407.049999997"
