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SiPAT

Unrecorded Land Parcels

Baliwag City · 2024

Severity: HighRecommendation: Unknown

What Happened?

Category: Asset ManagementIssue: Non-compliance

The City has not recorded several pieces of land in its accounting books because it lacks adequate documentation to support their recognition.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"As of December 31, 2024, the City still has 27 parcels of land which remain unrecorded in the books, with total market value of ₱101 million and total assessed value of ₱17.1 million for insufficient bases of recognition."

Source Document

BaliwagCity2024_Audit_Report.pdf

Baliwag City · 2024 AAR · 3 files