Findings No.2 COA Annual Audit Report 2005

July 28, 2008

Turn-over of collections were delayed for 1-69 days at amount up to P101,732.04 in violation of Section 29 of the New Government Accounting System Manual thus, exposing government funds to risk of loss thru misuse or theft. Read more

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Findings No.1 COA Annual Audit Report 2005

July 28, 2008

The Inventory Committee failed to conduct a physical count of the property, plant and equipment valued at P409,432,344.49 in violation of the provisions of Section 124 of NGAS Manual thus rendering the account balance doubtful. Likewise, the Accounting and General Services Office failed to maintain the appropriate ledger and property cards in violation of Sec. 114 of same manual. Read more

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Findings No.3 COA Annual Audit Report 2004

July 28, 2008

3. The City Accountant did not maintain Registry of Public Infrastructures in violation of Section 04(n) of COA Circular No. 2002-003.

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Findings No.2 COA Annual Audit Report 2004

July 28, 2008

2. The Office of the General Services Officer (GSO) did not maintain Stock/Property Cards and the City Accountant did not maintain Supplies/Property and Equipment Ledger Cards, thus the validity and correctness of the balances of the PPE account in the amount of P37,482,067.74 is uncertain. Read more

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Findings No.1 COA Annual Audit Report 2004

July 28, 2008

1. Barangay RPT and community tax shares amounting to P298,048.01 were not remitted within five (5) days following the end of each quarter. Read more

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Findings No.3 COA Annual Audit Report 2006

July 28, 2008

3. Unserviceable but valuable construction and heavy equipment valued in the books at P1,821,099.43 remained undisposed, hence exposing the property to further deterioration and destruction. Read more

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Findings No.2 COA Annual Audit Report 2006

July 28, 2008

2. Various fertilizers and seeds loaned to farmers amounting to P728,000.00 were not properly documented thus exposing to the risk of not being collected.

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Findings No.1 COA Annual Audit Report 2006

July 28, 2008

1. Stale checks totaling P248,168.24 were not cancelled contrary to Joint Circular No. 8-85, thus understating the cash in bank, accounts payable and government equity accounts. Read more

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Findings No.6 COA Annual Audit Report 2005

July 28, 2008

6. Due to poor supervision and monitoring, regular revenue collectors failed to remit their collections to the Liquidating Officers on time, in violation of Section 31 of COA Circular No. 92-382, thus exposing funds to misuse or misappropriation and depriving the city government of the immediate use of the income earned during the period. Read more

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Findings No.5 COA Annual Audit Report 2005

July 28, 2008

5. To increase local revenue, the City collected P514,816.76 taxes from business establishments with annual gross sales of not more than P50,000 in violation of sections 143 and 152(a) of RA 7160, thus depriving the barangays of the income due to them. Read more

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