13. Intra-Agency Payables
This account consists of the following:
2024 2023
Due to Other Funds ₱ 47,953,506.42 ₱ 42,703,089.75
Less: Due to Other Funds (eliminated) (47,953,506.42) (42,703,089.75)
Total Intra-Agency Payables, Net ₱ 0.00 ₱ 0.00
14. Trust Liabilities
This account consists of the following:
Trust Liabilities – Disaster Risk
₱ 26,209,479.00 ₱ 24,186,943.87
Reduction and Management Fund
Guaranty/Security Deposits Payable 8,697,358.82 5,690,499.15
Total Trust Liabilities ₱ 34,906,837.82 ₱ 29,877,443.02
15. Deferred Credits/Unearned Income
This account consists of the following:
Deferred Real Property Tax ₱ 17,496,426.50 ₱ 15,759,046.44
Deferred Special Education Tax 20,655,776.13 20,064,652.66
Other Deferred Credits 314,142.83 314,142.83
Total ₱ 38,466,345.46 ₱ 36,137,841.93
16. Other Payables
Other Payables amounted to ₱7,318,475.36 and ₱6,682,624.62 for CY 2024 and CY
2023, respectively.
17. Tax Revenue
This account consists of the following:
Tax Revenue – Individual and
Corporation
Community Tax ₱ 447,662.83 ₱ 484,294.07
Tax Revenue – Property
Real Property Tax – Basic 3,188,420.20 3,126,302.71
Discount on Real Property Tax – Basic (570,781.89) (565,870.52)
20
