2024 2023
Other Service Income 1,080,321.88 1,499,028.20
Business Income
Waterworks System Fees 4,214,189.82 4,085,107.92
Power Supply System Fees
Receipts from Market Operations 16,627,119.50 15,596,333.00
Receipts from Slaughterhouse Operation 517,588.12 570,599.60
Sales Revenue
Garbage Fees 382,100.00 324,400.00
Interest Income 557,832.59 619,630.90
Fines and Penalties-Business Income 273,081.27 271,142.66
Other Business Income 617,151.10 397,369.25
Total ₱ 28,466,463.46 ₱ 27,612,963.38
Note 21 - Shares, Grants and Donation
This consists of the following:
Share from PCSO
Grants and Donations in Cash ₱ 146.50 ₱ 10.00
Grants and Donations in Kind 128,920.00 665,560.00
Total ₱ 129,066.50 ₱ 665,570.00
Grants and Donations in Kind account represents the total market value of the eight (8)
donated road lots located in Barangay Basak.
Note 22 – Other Income
Other Income consists of Gain on Sale of Property, Plant and Equipment in the amount of
₱1,624.52 for FY 2024 and Miscellaneous Income in the amount of ₱23,855.17 for FY
2023.
Note 23 – Losses
The City Government conducted a public bidding in FY 2024 to dispose its unserviceable
movable assets with a total acquisition cost of ₱59,038,900.27. Net Loss from Sale of
Property, Plant and Equipment (PPE) amounting to ₱4,836,389.64 was recognized,
₱4,838,014.16 loss for the General Fund Proper and 20% Development Fund, and
₱1,624.52 gain for the Waterworks Operations. The disposed PPEs were taken off the
books along with the corresponding accumulated depreciation.
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