16.6 We recommended and the Inventory Committee agreed to prepare the
RPCRNS and reconcile it with the records available in the Office of the
Accountant. We also recommend that the GSO submit the Report on LRN as
required under COA Circular No. 2015-008.
Summary of Total Suspensions, Disallowances, and Charges
17. There were no outstanding Suspensions and Charges as of year-end. However, the
Notices of Disallowances showed the following balance as of December 31, 2024:
Particulars Beginning Issued this Period Ending Balance
Balance (1/1/2024 to 12/31/2024) (12/31/2024)
(1/1/2024) ND NSSDC
Disallowance ₱ 2,136,400.00 0.00 0.00 ₱ 2,136,400.00
17.1 This ending balance pertains to audit disallowances issued and received in the
following years
Balance as of
Years Issued
12/31/2024 Transaction Year Remarks
Notice of Disallowance (ND)
with pending
2014 ₱ 2,136,400.00 2013
appeal
Compliance with Tax Laws
18. The Municipality of Santa Catalina complied with tax laws on withholding taxes from
salaries, wages, purchases of goods and services, and value-added tax. Taxes withheld
were remitted to the Bureau of Internal Revenue within the reglementary period, every
10th day of the following month.
Particular General Fund SEF Trust Fund Total
Beginning Balance ₱ 112,761.99 ₱ - ₱ 235,678.87 ₱ 348,440.86
Add: Taxes withheld from Jan-Dec 2024 10,836,719.57 37,861.87 1,384,102.98 12,258,684.42
Taxes withheld for remittance to BIR 10,949,481.56 37,861.87 1,619,781.85 12,607,125.28
Less: Taxes remitted from Jan-Dec 2024 9,941,187.07 1,392.85 1,591,742.40 11,534,322.32
Balance as of December 31, 2024 ₱ 1,008,294.49 ₱ 36,469.02 ₱ 28,039.45 ₱ 1,072,802.96
18.1 As of December 31, 2024, the ending balances of the withholding taxes amounting
to ₱1,072,802.96 were remitted on January 7, 2025.
Compliance with Mandatory Contributions
19. The Municipal Government remits its GSIS, Pag-IBIG, and PhilHealth premiums and
contributions within the reglementary period.
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