Unrecorded Land Parcels
Baliwag City · 2024
Severity: HighRecommendation: Unknown
What Happened?
Category: Asset ManagementIssue: Non-complianceThe 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."
