19.1 Out of the ending balance, the details of the remittances are summarized below:
Particular General Fund SEF Trust Fund Total
Amount Remitted 988,678.56 7,069.82 603.96 996,652.34
Date Remitted 1/09/2025 1/09/2025 1/09/2025
19.2 Additional remittance for TF on May 9, 2025 amounted to ₱158,715.99. The
remaining balances are still subject for reconciliation.
Compliance with Mandatory Deductions (GSIS, PAG - IBIG, and PHILHEALTH)
20. The Municipal Government remits its GSIS, PAG-IBIG, and PHILHEALTH premiums
and contributions within the reglementary period.
Due to Pag- Due to
Particular Due to GSIS Total
IBIG PhilHealth
Beginning 1,218,925.66 61,197.88 120,330.22 1,400,453.76
Balance
Add: Mandatory 7,686,040.87 753,600.00 1,947,987.93 10,387,628.80
Contributions
Withheld from
Jan-Dec 2024
Add: Loan 3,902,807.89 228,538.54 n/a 4,131,346.43
Repayments
Withheld from
Jan-Dec 2024
Less: 7,559,979.89 733,900.00 2,064,096.17 10,357,976.06
Remittance of
Mandatory
Contributions
from Jan-Dec
2024
Less: 3,957,706.86 226,272.40 n/a 4,183,979.26
Remittance of
Loan
Repayments
from Jan-Dec
2024
Balance as of 1,290,087.67 83,164.02 4,221.98 1,377,473.67
December 31,
2024
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