Expenditures Exceeded Final Budget for the 20% Development Fund - Maintenance and Other Operating Expenses
Baliwag City · 2023
Severity: HighRecommendation: Unknown
What Happened?
Category: Financial ManagementIssue: Non-complianceThe city spent about 545,000 pesos more than it was allowed to on the 20% Development Fund's operating expenses. This means the city went over its legal spending limit for that budget item.
Why It Matters
Recommended Actions
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Original Audit Finding Excerpt
"Maintenance and Other Operating Expenses 25830279.51 27533575.130000003 -1703295.620000001 28078702.82 -545127.6899999976"
