❑ Due from Non-Government Organizations/People’s Organizations (1-03-06-030)
o This account is used to record amount of advances granted to NGOs/ POs for
implementation of specific projects. Credit this account for liquidation of
advances.
20. In CY 2024, the City granted cash assistance totalling ₱4,296,000.00 to different
cooperatives, associations and groups in the different barangays of the city as cash
assistance for livelihood and recorded under the account Loans Receivable – Others.
However, based on the account description above, the release of cash assistance for
livelihood development should been recorded under the Due from NGOs/POs account.
21. Based on the document executed between the City Government and the leader of the
groups entitled “KASABUTAN,” the assistance will be paid within seven months by all
the members of the group.
22. Verification of the status of the releases made in CY 2024 from the City Cooperative
Office (CCO) showed that 31 groups from the different barangays availed the livelihood
assistance totalling ₱4,296,000.00. Based on the CCOs records, total payments of
₱827,540.00 was made leaving a balance of ₱3,468,460.00 (Appendix A), as shown
below:
No. of
Barangay Groups Disbursed Payments Balance Remarks
Binalbagan 1 ₱55,000.00 ₱0.00 ₱55,000.00 No payment made
Bucalan 2 120,000.00 0.00 120,000.00 No payment made
Budlasan 551,000.00 50,000.00 501,000.00 Only 1 group paid
8 in full
Linothangan 229,000.00 45,000.00 184,000.00 Only 1 group paid
5 in full
Lumapao 264,000.00 214,000.00 50,000.00 1 group did not
3 pay
Mabigo 2 1,150,000.00 0.00 1,150,000.00 No payment made
Masulog 200,000.00 96,000.00 104,000.00 Partial payment
for 1 and no
2
payment for the
other group
Panubigan 1,215,000.00 362,540.00 852,460.00 2 partial payment,
4 1 full payment and
no payment for 1
Pula 512,000.00 60,000.00 452,000.00 Only 1 group paid
4 in full; no payment
for the other 3
Total 31 ₱4,296,000.00 ₱827,540.00 ₱3,468,460.00
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