The city failed to collect rent from market stall holders, leaving over 5.7 million pesos in unpaid rent. The accounting method did not record these unpaid amounts, and some tenants stayed in their stalls without valid lease agreements.

Why It Matters

Recommended Actions

No recommendations are available for this finding yet.

Original Audit Finding Excerpt

"The lenient implementation of market rules and regulations, as well as the failure to renew and/or require the execution of new lease contracts /agreements with stall occupants, resulted in inefficient revenue collection and the accumulation of uncollected market rentals totaling ₱5,779,253.25."

Source Document