Findings No.4 COA Annual Audir Report 2005
July 26, 2008
4. The P12,628,728.31 expenses for gasoline, fuel and lubricants for CY 2005 included expenses for gasoline supplied to vehicles with private plate numbers and not owned by the Province of Misamis Oriental. Read more
Findings No.3 COA Annual Audit Report 2005
July 26, 2008
3. Contributions due to GSIS, PAG-IBIG and Philhealth of all officials and employees of the Province of Misamis Oriental amounting to P14,328,494.81 covering the months of October, November and December 2005 were not remitted on time in violation to RA 8291. Read more
Findings No.2 COA Annual Audit Report 2005
July 26, 2008
2. Depreciable assets acquired before CY 2002 were not provided with depreciation, thus overstating the asset account and understating the expense account of the agency books.
Findings No.1 COA Annual Audit Report 2005
July 26, 2008
1. Purchase of medicines and other medical supplies for use of the Provincial Health Office and for distribution to the different hospitals under the Province of Misamis Oriental were procured through shopping instead of competitive public bidding in violation to Republic Act 9184. Read more
Findings No.10 COA Annual Audit Report 2004
July 26, 2008
10. The Provincial Jail and Rehabilitation Center is located at the commercial complex of the city near the government and private offices and residential buildings and along the road. Thus, the location is not proper because prisoners have access to easy transportation in case of jailbreak and city constituents might be affected if trouble occurs. Read more
Findings No.9 COA Annual Audit Report 2004
July 26, 2008
9. Had the Province imposed rental fees on construction equipment lent to various municipalities it could have generated an income of P3.8 Million from July 1 to December 3, 2004 which could be used to finance its monthly loan amortization of P4,125 Million with the bank.
Sections 301(c) of RA 7160 provides that repayment or amortizations of loan including accrued interest thereon maybe financed partly from the income of the projects or services and from the regular income of the local government unit, which must be provided for and appropriated regularly in its annual budget until the loan and interest thereon shall have been fully paid.
Verification of records disclosed that the provincial government obtained a long term loan from the Land Bank of the Philippines in the amount of P82.5 Million for the acquisition of four (4) units Payloader, three (3) units Motor Grader, two (2) units Bulldozers and twelve (12) units Dumptrucks payable for a term of 7 years. The heavy equipment were to be used for projects of the Province in the construction and maintenance of roads/bridges, buildings and other projects located in the municipalities and barangays. The payment of loan was taken from the budget of 20% Local Development Fund.
It was noted, however, in the audit that some of the heavy equipment of the Province were being borrowed by various municipalities in the construction and maintenance of municipal and barangay projects and no minimum fees were imposed by the province for the use of the heavy equipment. It was confirmed from the municipalities and barangays that they did not pay rental fees to the province. Although the objective of the provincial government is for the good and best interest of public service, it needs additional income to cover the maintenance cost of heavy equipment and to finance partly the payment of monthly amortization of the bank considering that heavy equipment were acquired in a form of loan, and the financial condition of the provincial government is not very well sound.
Evaluation of the Accomplishment Report of the heavy equipment obtained at the Provincial Engineers Office showed that the heavy equipment were used by various municipalities and barangays in the implementation of its projects for a period of 313 days or 2504 hours from July to December 2004 with a total amount of P3.8 Million. (Annex H) The computation of rental rates of heavy equipment were taken from the Equipment Guidebook from the Department of Public Works and Highways.
Had the province imposed rental fees on construction equipments lent to various municipalities it could have generated an income of P3.8 Million for 6 months. The said amount could have been used to finance partly the payment of monthly loan amortization with the bank and maintenance cost of the heavy equipment.
An Audit Observation Memorandum has been served to management calling their attention on the observation, but no reply has been received.
Recommendation:
Conduct an in-depth studies on the possibility of imposing rental fees on the use of heavy equipment, to various municipalities and barangays in order to generate additional income. The money generated shall be used for payment of loan amortization with the bank.
Findings No.8 COA Annual Audit Report 2004
July 26, 2008
8. A portion of lot of the Province was used for the construction of Marcos Sports Center which facilities was managed and supervised by the Misamis Oriental Integrated Council without executing a Contract of Lease or Memorandum of Agreement (MOA) exposing the government property to risk of encumbrances that may arise in the future in the absence of contract. Read more
Findings No.7 COA Annual Audit Report 2004
July 26, 2008
7. The Province failed to collect promptly its share from the real property tax collections from the different municipalities in the total amount of P7.56 Million, there by depriving the provincial government of the use of the much needed funds. Read more
Findings No.6 COA Annual Audit Report 2004
July 26, 2008
6. The Provincial Government hired ten employees under consultancy services contract, charged against Maintenance and Other Operating Expenses. Their work is not highly technical in nature and the manner of hiring is not through competitive public bidding as required under Republic Act 9184. Read more
Findings No.5 COA Annual Audit Report 2006
July 26, 2008
5. Completed projects for public use totaling P14,074,991.96 were not closed to Government Equity account at the end of the year in violation of Section 50, paragraph 5, Chapter III, Vol. 1 AND Section 23, Chapter I, Vol. II of the Manual on the New Government Accounting System, thus overstating the asset account in the financial statements. Read more
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