12. Intra-Agency Payables
Due to Other Funds amounting to ₱7,151,082.81 and ₱8,306,309.63 for CY 2024 and CY
2023, respectively, is the reciprocal account of Due from Other Funds with the same
amount (Note 5) and has been eliminated in the preparation of the Consolidated Financial
Statements.
13. Trust Liabilities
2024 2023
Trust Liabilities – DRRMF ₱ 15,621,405.74 ₱ 23,723,153.75
Bail Bonds Payable 45,069.00 45,069.00
Guaranty/Security Deposits Payable 7,087,620.08 4,879,150.83
Total ₱ 22,754,094.82 ₱ 28,647,373.58
14. Deferred Credits/Unearned Income
Deferred Real Property Tax ₱ 8,575,539.39 ₱ 7,600,029.00
Deferred Special Education Tax 8,575,539.39 7,600,029.00
Total ₱ 17,151,078.78 ₱ 15,200,058.00
15. Other Payables
Other Payables amounted to ₱791,046.00 and ₱741,692.16 for CY 2024 and CY 2023,
respectively.
16. Tax Revenue
Tax Revenue – Individual and
Corporation
Community Tax ₱ 419,021.46 ₱ 503,272.54
Tax Revenue – Property
Real Property Tax – Basic 919,480.91 944,947.21
Special Education Tax 1,149,351,24 1,181,184.10
Tax Revenue – Goods and Services
Business Tax 4,997,633.95 6,295,825.23
Tax on Sand, Gravel and Other Quarry
223,410.00 359,536.41
Products
Amusement Tax 101,882.50 119,547.50
Franchise Tax 16,850.00 26,865.20
Other Taxes 69,987.20 17,727.50
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