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SiPAT

Unobligated LDRRMF Balance Not Transferred to Special Trust Fund

Pulilan · 2021

Severity: ModerateRecommendation: Unknown

What Happened?

Category: Financial ManagementIssue: Non-compliance

The municipality did not move the unused disaster fund money into the required trust fund account by the end of the year, though it did so later.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"The unobligated balance from the current year’s LDRRMF amounting to ₱11,131,176.51 was not transferred to the Special Trust Fund (STF) as Trust Liability (TL) account as of year-end contrary to Section 3 of the IRR of RA No. 10121."

Source Document

10-Pulilan2021_Part2-Observations_and_Recomm.docx

Pulilan · 2021 AAR · 11 files