Note 4 - Cash and Cash Equivalents
2024 2023
Cash on Hand
Cash- Local Treasury ₱ 2,407,006.56 ₱ 1,925,394.53
Cash in Bank – Local Currency
Cash in Bank-Local Currency-Current
171,125,040.35 191,480,585.91
Account
Total Cash and Cash Equivalent ₱ 173,532,046.91 ₱ 193,405,980.44
Cash in Bank - Local Currency, Current account consists mainly of collections from
regular sources and Internal Revenue allotment.
Note 5 - Receivables
Current Receivables
Loans and Receivable Account
Accounts Receivable ₱ 49,337.70 ₱ 49,337.70
Real Property Tax Receivable 5,614,672.21 5,127,271.84
Special Education Tax Receivable 2,140,255.53 1,687,057.58
Inter-Agency Receivables
Due from National Government Agencies 7,449.85 7,449.85
Intra-Agency Receivables
Due from Other Funds 111,988.23 111,988.23
Elimination of Reciprocal Accounts (110,200.22) 0.00
Advances
Advances for Operating Expenses 2,890,896.80 5,460,770.40
Advances for Payroll 8,229,394.41 9,325,275.80
Advances to Special Disbursing Officer 3,438,283.22 2,163,708.10
Advances to Officers and Employees 2,186,633.83 1,553,915.61
Other Receivables
Receivables – Disallowances and Charges 163,640.47 163,640.47
Due from Officers and Employees 54,422.32 54,422.32
Total Current Receivables ₱ 24,776,774.35 ₱ 25,704,837.90
Non-Current Receivables
Loans and Receivable Account
Loans Receivables – Others ₱ 560,000.00 ₱ 560,000.00
Other Receivables
Other Receivables 121,427.83 121,427.83
Total Non-Current Receivables ₱ 681,427.83 681,427.83
Total Receivables ₱ 25,458,202.18 30,694,775.38
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