Note 16 – Other Payables
Other Payables is composed of collections from officials and employees for remittance to
government financial institutions and cooperatives amounting to ₱54,264.91 and
₱68,789.96 for CYs 2024 and 2023, respectively.
Note 17 – Local Disaster Risk and Reduction Management Fund
The LDRRMF represents the amount set aside by the LGU to support its disaster risk
management activities pursuant to R.A. No. 10121 otherwise known as the “Philippine
Disaster Risk Reduction and Management Act of 2010.” The amounts available and utilized
during the year totaled ₱241,806,890.75 and ₱57,219,810.42, respectively, broken down as
follows:
Amount
Available Utilized Balance
Current Year
Appropriation:
Quick Response Fund ₱ 16,634,554.89 ₱ 5,782,070.36 ₱ 852,484.53
(QRF)
Mitigation Fund (MF)
MOOE 12,603,961.41 7,719,128.50 4,884,832.91
Capital Outlay 30,249,488.00 6,715,255.80 23,534,232.20
Total
Continuing
Appropriation:
Capital Outlay – CY 2023 42,571,946.56 18,476,599.55 24,095,347.01
Capital Outlay – CY 2022 10,796,283.64 2,982,604.54 7,813,679.10
Capital Outlay – CY 2021 8,190,584.31 498,041.75 7,692,542.56
Capital Outlay – CY 2020 9,219,588.22 9,219,588.22
Capital Outlay – CY 2019 6,636,039.84 6,636,039.84
Capital Outlay – CY 2018 15,107,615.77 15,107,615.77
Capital Outlay – CY 2017 2,250,367.49 2,250,367.49
Capital Outlay – CY 2016 6,230,600.61 5,046,109.92 1,184,490.69
Capital Outlay – CY 2013 3,000,000.00 3,000,000.00
Special Trust Fund
Financial Assistance 2,540.01 2,540.01
from Different LGUs
CY 2019 9,414,783.63 9,414,783.63
CY 2020 5,096,539.93 5,096,539.93
CY 2021 14,888,602.70 14,888,602.70
CY 2022 27,303,290.05 27,303,290.05
CY 2023 21,610,103.69 21,610,103.69
Total
Total ₱ 241,806,890.75 ₱ 57,219,810.42 ₱ 184,587.080.33
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