Cancellation and Reclassification of North Triangle Relocation Project Allotment
National Housing Authority · 2022
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What Happened?
Category: Financial ManagementIssue: Non-complianceProject funds were cancelled and then replaced with supplemental appropriations under a different classification without clear justification.
Why It Matters
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Original Audit Finding Excerpt
"The allotment for the North Triangle Relocation Project originally amounted to P450 million. However, the amount of P286.702 million was cancelled by DBM and subsequently provided a supplemental appropriation of same amount for CY 2014, which was reclassified under Other Releases."