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                                                                                                                                                      Appendix C



                                                                                     Agency Action Plan                                                    Action
                                                                                                                                         Reason for
                                                                                                        Target                                             Taken/
                                                                                                                        Status of     Partial/Delay/Non-
    Ref          Audit Observations         Audit Recommendations          Action   Person/Dept.    Implementation                                         Action
                                                                                                                     Implementation   Implementation, if
                                                                            Plan    Responsible          Date                                               to be
                                                                                                                                          applicable
                                                                                                   From To                                                 taken

               Advance to Officers and
                           Employees
               3,019,675.76

               Other Receivables
               4,520,483.72

               Total
               ₱8,676,704.98

 2022 ML,      Completed                  22. We recommended that
Par. No. 26,   infrastructure projects in     the      City      Mayor
  page 6       the Trust Fund                 instruct     the      City
               amounting to ₱13.779           Accountant to verify
               million were not               the CIP accounts, close
               transferred to the             to the appropriate
               appropriate asset              infrastructure       asset
               accounts in violation of       account       the     cost
               Section 50 of the NGAS         directly attributable to
               Manual for LGUs,               the            completed
               Volume 1, resulting in         projects, transfer the
               the overstatement of CIP       recording       of     all
               accounts and the               completed         projects
               understatement of              under the Trust Fund
               certain asset accounts,        to the General Fund,
               as well as the                 and        subsequently
               overstatement of the           provide the same with
               asset and equity               depreciation to arrive
               accounts by the amount         at an accurate and
               of depreciation that           reliable         carrying
               should have been               balance of the PPE,
               provided from the time         pursuant to Section 50