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
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
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.
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
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.
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
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
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
Findings No.4 COA Annual Audit Report 2005
July 28, 2008
4. Accounts Receivables amounting to P151,878.78 remained outstanding at the year-end due to the failure of the City Agriculturist to supervise and monitor the collection of loans granted to 152 farmers, thereby depriving the other barangays to avail of the loan. Read more
Findings No.2 COA Annual Audit Report 2005
July 28, 2008
2. Office buildings and Other structures in the General Fund amounting to P127,389,381.86 were not insured with the General Insurance Fund against any insurable risk, in violation of Republic Act No. 656. Read more
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