2024 2023
Construction in Progress-Buildings and Other
Structures 31,143,318.78 25,713,526.80
Total Construction in Progress, Net 103,629,196.01 80,128,950.43
Other Property, Plant and Equipment
Other Property, Plant and Equipment 460,159.20 945,387.37
Accumulated Depreciation-Other Property, Plant and
Equipment (152,171.25) (393,214.40)
Total Other Property, Plant and Equipment, Net 307,987.95 552,172.97
Total Property, Plant and Equipment 375,390,628.76 352,133,935.48
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.
Accumulated
Beginning Additions/ Reductions Ending Impairment Net Book
PPE Account
balance Acquisitions / Disposals Balance Losses/ Value
Depreciation
Land 14,277,713.70 0.00 0.00 14,277,713.70 0.00 14,277,713.70
Total Land 14,277,713.70 0.00 0.00 14,277,713.70 0.00 14,277,713.70
Other Land 2,616,659.41 0.00 0.00 2,616,659.41 221,451.93 2,395,207.48
Improvements
Total Land 2,616,659.41 0.00 0.00 2,616,659.41 221,451.93 2,395,207.48
Improvements
Infrastructure Assets
Road Networks 48,102,792.50 4,497,025.06 0.00 52,599,817.56 0.00 52,599,817.56
Flood Control 7,422,197.03 0.00 0.00 7,422,197.03 0.00 7,422,197.03
Systems
Water Supply 48,262,857.87 2,273,907.68 0.00 50,536,765.55 0.00 50,536,765.55
Systems
Power Supply 16,046,930.83 745,500.0 0.00 16,792,430.83 7,673,274.82 9,119,156.01
Systems
Parks, Plazas and 507,721.00 0.00 (163,621.00) 344,100.00 0.00 344,100.00
Monuments
Other Infrastructure 1,780,307.04 444,102.00 0.00 2,224,409.04 0.00 2,224,409.04
Assets
Total 122,122,806.27 7,960,534.74 (163,621.00) 129,919,720.01 7,673,274.82 122,246,445.19
Infrastructure
Assets
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