Fund Authorized Account No. Amount
Government
Depository Bank
General Fund LBP – Bais 2582-XXXX- ₱55,599,446.71
72
DBP – Dumaguete 00-0-XXXX6- 45,964,100.68
740-0
Special DBP – Dumaguete 00-0-XXXX2- 1,105,663.98
Education Fund 740-6
Trust Fund DBP – Dumaguete 00-0-XXXX0- 31,614,580.44
740-0
DBP – Dumaguete 00-0-XXXX7- 3,544,665.98
740-8
LBP – Bais 2582-XXXX- 2,683,645.63
50
LBP – Bais 2582-XXXX- 448,545.32
68
Total ₱140,960,648.74
c. Cash in Bank – Local Currency, Savings Account
The account Cash in Bank – Local Currency, Savings Account of ₱1,948,566.70 is
composed of the following:
Fund Authorized Government Account Amount
Depository Bank No.
General Fund DBP – Dumaguete SSA ₱1,159,778.07
DBP – Dumaguete SSA 110,651.51
DBP – Dumaguete EGOV 17.91
Trust Fund DBP – Dumaguete SSA 678,119.21
Total ₱1,948,566.70
d. Authorized Government Depository Banks
The Authorized Government Depository Banks of LGU Bindoy are (1) Land Bank of
the Philippines – Bais City Branch and (2) Development Bank of the Philippines –
Dumaguete City Branch. The Special Savings Account is maintained at Development
Bank of the Philippines – Dumaguete City Branch. Local collections of LGU Bindoy
are deposited to DBP General Fund account, while the share of LGU Bindoy from the
National Tax Allotment is credited to the LBP General Fund account. Cash in bank
earns interest based on the prevailing bank deposit rates.
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