The agency did not sign agreements to receive its share of proceeds from military camp sales, resulting in billions of pesos not being received. This also affected funds for Mt. Pinatubo rehabilitation.

Why It Matters

Recommended Actions

• Coordinate with the DHSUD, NHMFC and PhilGuarantee to fast track the formulation of guidelines on the allocation of the 12 per cent share from net proceeds of sale of military camps that will be the basis of the terms and conditions in the execution of MOA with NHMFC and PhilGuarantee to validly establish NHA's share out of the net proceeds as at December 31, 2021, and succeeding years for collection;

Original Audit Finding Excerpt

"Page 83 of 90 AGENCY ACTION PLAN and STATUS OF IMPLEMENTATION AS AT AUGUST 31, 2025 RESULTS OF COA VALIDATION Ref. (No. in the AAR) Audit Observations Audit Recommendations Agency Action Plan Status of Implementation Reason for Partial/Delay/ Non- Implementation, if applicable Action Taken/Action to be Taken Date of Follow-up Status of Implementation Actual Implementation Date Remarks Action Plan Person/ Department Responsible Target Implementation Date From To From To No. 8, page 118 Inadequacy of systematic reporting, coordination and evaluation of the unapplied collections for 484 project accounts amounting to P579.355 million lodged in Other Deferred Credits - Deposit Liabilities, a temporary account, from CYs 1994 to 2021 resulted in the overstatement of the Other Deferred Credits-Deposit Liabilities by P579.345 million and overstatement of Receivables and understatement of Revenue accounts by the s"

Source Document