Buildings and Other Structures 2024 2023
Buildings ₱ 36,433,999.12 ₱ 36,433,999.12
School Buildings 10,814,643.95 10,814,643.95
Hospital and Health Centers 3,423,149.65 3,423,149.65
Markets 25,407,365.50 25,407,365.50
Other Structures 36,499,710.03 36,494,635.03
Machinery and Equipment
Machinery 2,383,088.00 2,383,088.00
Office Equipment 4,708,672.10 4,520,672.10
Information and Communication
19,680,577.55 19,253,777.55
Technology
Agriculture and Forestry Equipment 5,989,500.00 5,989,500.00
Communication Equipment 1,330,476.20 1,282,676.20
Construction and Heavy Equipment 79,207,970.09 79,207,970.09
Disaster Response and Rescue Equipment 11,476,926.62 7,677,805.62
Medical Equipment 2,359,818.00 1,938,618.00
Sports Equipment 582,743.00 582,743.00
Technical and Scientific Equipment 1,685,977.00 1,685,977.00
Other Machinery and Equipment 11,270,506.90 10,807,553.15
Motor Vehicles 59,257,587.59 54,094,115.89
Other Transportation Equipment 2,532,032.00 2,532,032.00
Furniture, Fixtures, and Books
Furniture and Fixtures 13,435,968.17 13,377,588.17
Books 287,109.95 287,109.95
Construction in Progress
Construction in Progress – Land
41,914,180.86 29,852,613.28
Improvements
Construction in Progress – Infrastructures
413,063,234.57 335,527,799.56
Assets
Construction in Progress – Buildings and
448,880,744.98 363,480,198.87
Other Structures
Service Concession Assets
Service Concession Assets 2,852,168.49 2,852,168.49
Other Property, Plant and Equipment
Other Property, Plant and Equipment 2,869,757.24 2,869,757.24
Total ₱ 1,363,060,837.39 ₱ 1,167,401,259.88
Less: Accumulated Depreciation (188,948,552.95) (174,008,269.70)
Net Book Value ₱ 1,174,112,284.44 ₱ 993,392,990.18
The LGU measured the residual value of all items of property, plant and equipment, but
does not expect a residual value of these assets, because these will be utilized for their
entire economic lives and do not have a significant scrap value. During the current
financial year, the LGU reviewed the estimated useful lives and residual values of
property, plant and equipment, where appropriate.
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