EXECUTIVE SUMMARY
Introduction
The City of Dumaguete is the capital of the Province of Negros Oriental and was created
on June 15, 1948, by virtue of Republic Act (RA) No. 327. On June 21, 1969, RA No.
5797, otherwise known as the “Revised Charter of the City of Dumaguete,” was enacted.
It is classified as a 3rd class City pursuant to the Bureau of Local Government Finance
Memorandum Circular No. 01-C(a)-05 dated December 16, 2005.
The City derives its mandate from RA 7160, known as the Local Government Code of
1991. The code empowers Local Government Units (LGUs) to exercise efficient and
effective governance essential to the promotion of the welfare and the provision of basic
services and facilities to its constituents. It is committed to discharge its mandated
functions and responsibilities with the highest degree of integrity, dedication and
nationalism, and to deliver prompt, responsive and quality services to its constituents.
To improve the standard of living of all the constituents had been the main thrust of the
City. To attain this goal, the City uses its resources to the maximum level by implementing
programs, projects, and activities that benefit its constituents.
Audit Objectives
The objective of the audit is to (a) ascertain the fairness of presentation of the financial
statements; (b) ascertain the propriety of financial transactions and compliance with
prescribed rules and regulations; (c) recommend agency improvement opportunities; and
(d) determine the extent of implementation of prior years’ audit recommendations.
Audit Methodology
The Commission has been implementing risk-based audits in the conduct of its audit
services. However, to meet the evolving developments in public governance and fund
management, the results-based approach in the audit was incorporated.
Scope of Audit
An audit was conducted on the accounts and operations of the City of Dumaguete for CY
2024. The audit consisted of a review of operating procedures, evaluation of the City’s
programs and projects, interview of concerned government officials and employees,
verification, reconciliation, confirmation, inspection, and analysis of accounts, and such
other procedures considered necessary.
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