Add: Taxes 14,885,142.69 1,191,614.99 44,351,754.56 304,350.00 60,732,862.24
withheld from
Jan-Dec 2024
Taxes withheld 15,749,362.75 1,274,704.41 47,519,846.41 310,140.00 64,854,053.57
for remittance to
BIR
Less: Taxes (15,102,729.34) (1,253,939.55) (44,229,534.50) (299,370.00) (60,885,573.39)
remitted from
Jan-Dec 2024
Balance as of ₱ 646,633.41 ₱ 20,764.86 ₱ 3,290,311.91 ₱ 10,770.00 ₱ 3,968,480.18
December 31,
2024
21.1 As of December 31, 2024, the ending balances of the withholding taxes pertaining
to expanded, percentage and VAT amounting to ₱646,633.41, ₱20,764.86, and
₱3,290,311.91, respectively, were remitted on January 12, 2025, while the balance
for DST amounting to ₱10,770.00, was remitted on January 2, 2025.
Compliance with Mandatory Contributions
22. The City Government remits its GSIS, Pag-IBIG, and PhilHealth premiums and
contributions within the reglementary period.
Particular Due Due Due Total
to GSIS to Pag-ibig to Philhealth
Beginning Balance ₱ 286,470.99 ₱ 13,300.00 ₱ 9,295.92 ₱ 309,066.91
Add: Withheld from Jan- 59,602.419.37 8,420,800.00 14,245,853.98 82,269,073.35
Dec 2024
Less: Remittance from 59,759,745.01 8,366,100.00 14,240,605.05 82,366,450.06
Jan-Dec 2024
Less/Add: Adjustment/s (14,898.36) (1,700.00) (5.43) (16,603.79)
Balance as of December ₱ 114,246.99 ₱ 66,300.00 ₱ 14,539.42 ₱ 195,086.41
31, 2024
Date Remitted Jan. 31, 2025 Feb. 5, 2025 Jan. 31, 2025
22.1 The balances of due to GSIS and Philhealth as of year-end, amounting to
₱114,246.99 and ₱14,539.42, respectively, were remitted on January 31, 2025,
while the balance due to Pag-ibig was remitted on February 5, 2025.
Compliance with Property Insurance Law
23. The City Government has insured its properties with the Government Service Insurance
System (GSIS). For CY 2024, the City paid a total amount of ₱3,025,264.53 for
property insurance.
Gender and Development (GAD)
24. The City Government of Bayawan appropriated a total of ₱116,169,143.00 for Gender
and Development (GAD) programs, projects, and activities, which is more than five per
cent of the City’s annual budget. The City identified 28 projects and programs
addressing gender-related concerns and issues. These projects/programs were
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