Ref.
Audit Observations Audit Recommendations Status of Implementation
towards digitalization and aims
to generate financial reports
within the reglementary period
thereafter.
AAR 69. Bank Reconciliation Statements for 116. Required the Municipal Accountant to Unimplemented
2009 the General, Special Education and Trust assign specific personnel to prepare and
funds were not prepared and submitted by submit the monthly bank reconciliation The Municipal Accountant had
the accountant as required under COA statements to COA and the depository bank already prepared the monthly
Circular No. 96-011 dated October 12, so that timely verification and review can bank reconciliation statements;
1996, thus the reliability and accuracy of be made and discrepancies immediately however, these had not been
the cash balance per books of the three identified and corrected. submitted to the Auditor.
funds could not be ascertained.
AAR 70. Low rental rates and high operating 117. Consider increasing rental rates or Unimplemented
2008 cost resulted to unprofitable operations of implement measures to reduce operating
the municipality’s economic enterprises costs of the municipality’s economic The Municipality had already
namely, the Agricultural Training Institute, enterprises, and require the municipal drafted its revised revenue code,
the Public Market, and the Waterworks treasurer to accelerate the collection of subject to review and approval.
Systems, thereby resulting to a deficit unpaid rentals by sending bills of collection
totaling ₱2,565,009.03 for 2008. to delinquent stall or space lessees,
invoking the sanctions provided under the
Contract of Lease to make the collection
more effective. In addition, look for
additional revenue sources, such as
charging minimal fees for the use of the
market’s comfort rooms.
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