The city did not keep proper records of its roads, such as a list of all roads and their components, costs, and condition. This makes it hard to know exactly what roads exist and what they are worth, so the financial statements may be incorrect or unreliable.

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Original Audit Finding Excerpt

"47 Description Year Acquired Amount Photos 16 Yamaha Mio 2014 Cost Less: AD CV 60,000.00 (54,000.00) 6,000.00 Total Carrying Value ₱973,524.00 3.18 In addition, a listing of various unserviceable office equipment was also submitted by the CGSO, as follows: Various office equipment Year acquired Total acquisition cost Office chairs, wooden chairs, electric and ceiling fans, grass cutters, mist sprayer, mini refrigerator, water dispensers, split -type, window -type and floor-mounted aircons, wheel buggies, karaoke, adding machines, typewriters, printers, fax machines, copiers, monitors, central processing units (CPUs), televisions, scanners, money counters, check writers, power supplies, computer tables and fire extinguishers Various dates from 1999 to 2017 ₱2,050,659.80 3.19 However, due to the non-reconciliation of property records by the CGSO and CAO, the carrying amounts of unserviceable office equipment were not determined. The A T f"

Source Document