2024 2023
Summary of MOOE:
Maintenance and Other Operating Expenses ₱ 134,693,362.49 ₱ 98,355,968.61
Professional Services 9,741,262.69 10,381,371.13
Confidential, Intelligence and Extraordinary
18,000,000.00 18,000,000.00
Expenses
General Services 30,621,628.76 30,895,856.97
Repairs and Maintenance 10,529,353.59 9,405,829.04
Taxes, Insurance Premiums and Other Fees 6,023,902.04 7,748,761.19
Other Maintenance and Operating Expenses 422,780,789.43 368,933,907.31
Total ₱ 632,390,299.00 ₱ 543,721.694.25
Note 26 – Non-Cash Expenses
This consists of the following:
Depreciation:
Depreciation-Land Improvements ₱ 235,552.49 ₱ 86,237.60
Depreciation-Infrastructure Assets 41,528,180.47 21,169,409.96
Depreciation-Buildings and Other Structures 18,437,496.99 16,867,683.61
Depreciation-Machinery and Equipment 30,469,088.68 31,463,303.08
Depreciation-Transportation Equipment 4,805,902.39 4,772,571.30
Depreciation-Furniture, Fixtures and Books 10,748.52 48,260.52
Depreciation-Other Property, Plant and
24,780.00
Equipment
Total ₱ 95,511,749.54 ₱ 74,407,466.07
Impairment Losses:
Property, Plant and Equipment ₱ - ₱ 300, 208.90
Total Non-Cash Expenses ₱ 95,511,749.54 ₱ 74,707,466.07
Note 27 - Financial Expenses
This consists of the following:
Interest Expense ₱ 40,825,550.71 ₱ 28,548,402.57
Bank Charges 28,200.00 30,000.00
Other Financial Charges 0.00 4,000.00
Total ₱ 40,853,750.71 ₱ 28,582,402.57
Interest Expense represents interest paid on the City Government’s long-term loans with
the Land Bank of the Philippines for the acquisition of lots for the New Government
Complex and of the Directorate for Integrated Police Operations (DIPO) – Visayas of the
Philippine National Police, the Site Development of the New Government Complex, the
Construction of the New Government Center and the Construction of the Sports Complex.
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