Unutilized Local Disaster Risk Reduction and Management Fund (LDRRMF) from previous years
Baliwag City · 2023
Severity: ModerateRecommendation: Unknown
What Happened?
Category: Financial ManagementIssue: Non-complianceThe city has money set aside for disaster prevention and response, including funds from previous years. But none of the money from 2019 to 2022 was spent at all, and a large amount remains unused. This means the city is not using these important funds for disaster preparedness and response activities.
Why It Matters
Recommended Actions
No recommendations are available for this finding yet.
Original Audit Finding Excerpt
"Special Trust Fund: CY 2019 12.99 0.00 12.99 CY 2020 17,013.03 0.00 17,013.03 CY 2021 1,694,681.85 0.00 1,694,681.85 CY 2022 3,878,541.01 0.00 3,878,541.01 Sub-total 5,590,248.88 0.00 5,590,248.88"
