Status of
Ref. Observation Recommendations Implementation / Results
of Validation
page Economic Processing Zone, Inc. the city government, or to its collected by the City
38 (BACONSEPZ), which is not President, in order that it can under OR No.
included in the list of special recover its investment of 1557720 last January
economic zones recognized by the ₱930,000.00. 14, 2025.
Philippine Economic Zone
Authority (PEZA) as of October 31,
2016, thus its existence is deemed
questionable.
[Part III, AAR 2021: On 4/4/2017,
stock certificates of BACONSEPZ
owned by the Local Government of
Bais were properly returned for
recovery of investments.
On 7/13/2018, Atty. Ignacio L
Vicente/BACONSEPZ paid to the
City Treasurer the amount of
₱600,000.00 with Official Receipt
(OR) No. 0969639.]
The heirs of Atty. Ignacio
Vicente/BACONSEPZ have already
returned the remaining balance of
₱330,000.00 as per OR No. 1557720
last January 14, 2025.
2016 35) Payment of annual 80) The City Mayor, as Implemented
AAR, membership dues to the League of representative of the City of Bais, The City Mayor has
AO Cities of the Philippines (LCP) for request the treasurer of the LCP already put across
No. 9, CY 2016 amounting to ₱150,000.00 to acknowledge its payments (as his sentiments to the
page was acknowledged by a printed well as collections from other LCP that AF No. 51
48 receipt of the organization instead of member-cities) with government must be used and
an O.R. of the Republic of the AF No. 51 in order that the funds adopted by the
Philippines as required under may be subjected to government League.
Sections 42 and 44, Chapter 7, Title accounting and auditing rules and
I(B), Book V of the Administrative regulations. A printed copy of the
Code of 1987 thus eliminating issued receipt was
accounting thereof as government submitted with an
funds and audit by the Commission explanation why they
on Audit. cannot issue AF No.
51. Also submitted
(Part III, AAR 2021: Received an was the LCP’s
electronic copy of AF No. 51 sent authority to print.
through email last March 10, 2021.
Hardcopy still not received by the
LGU.)
2014 36) As a result of erroneous prior 81) Management require the TF Unimplemented
AAR, years’ practice of remitting amounts Bookkeeper to trace the No action taken by
AO due to the GSIS, HDMF and transactions and effect management.
No. 2, PhilHealth from the TF even if the corrections in the trust liability
page amounts withheld in the GF and SEF accounts Due to GSIS, HDMF
24 have not yet been transferred and PhilHealth.
thereto, negative balances totaling
79
