Note 24. Transfers, Assistance and Subsidy To
This account is composed of the following:
2024 2023
Subsidy to Other Funds ₱ 2,607,755.44 ₱ 0.00
Transfers of unspent Current Year DRRM Funds 2,460,033.84 2,107,380.40
to Trust Funds
Total Transfers, Assistance and Subsidy to ₱ 5,067,789.28 ₱ 2,107,380.40
Note 25. Reconciliation of Net Cash Flows from Operating Activities to Surplus (Deficit)
Surplus (Deficit) ₱ 4,064,373.28 ₱ 5,639,649.09
Non-Cash Transactions
Depreciation 19,787,111.22 19,284,750.53
Amortization 29,016.06 38,460.50
Increase in Payables 127,080,248.58 52,689,369.14
Decrease in Payables 2,721,655.16 (61,710,435.36)
Increase in Receivables (98,812,092.69) (96,810.00)
Decrease in Receivables (10,505,464.06) -
Prior Period Adjustments 953,545.77 -
Non-Cash Adjustments 937,015.56 (5,007,872.10)
Net Cash from Operating Activities ₱ 46,255,408.88 ₱ 10,837,111.80
Note 26. Local Disaster Risk Reduction Management Fund (LDRRMF)
The LDRRMF represents the amount set aside by the LGU to support its disaster risk
management activities pursuant to RA No. 10121, otherwise known as the “Philippine
Disaster Risk Reduction and Management Act of 2010.” The amount available and utilized
during the year totaled ₱19,187,081.39 and ₱6,576,041.26, respectively, broken down as
follows:
Amount
Particulars Available Utilized Balance
Current Year Appropriation:
Quick Response Fund ₱ 1,948,833.36 ₱ ₱ 1,948,833.36
(QRF)
Mitigation Fund (MF)
MOOE 2,754,509.08 2,243,308.60 511,200.48
Capital Outlay 4,836,637.33 1,996,859.68 2,839,777.65
Subtotal 9,539,979.77 4,240,168.28 5,299,811.49
Continuing Appropriation: ₱ 211,082.70 ₱ 202,076.36 ₱ 9,006.34
Special Trust Fund
CY 2023 ₱ 2,087,326.58 ₱ - ₱ 2,087,326.58
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