Republic of the PhilippinesProvince of Oriental Negros
oOo
CITY OF TANJAY
Statement of Management Responsibility for Financial
Statements
The Management of the CITY OF TANJAY is responsible for all information and
representation contained in the Statement of Financial Position as of December 31, 2024 and the
related Statement of Financial Performance, Statement of Cash Flows, Statement of Changes in
Net Assets/Equity and Statement of Comparison of Budget and Actual Amounts for the year
then ended. The financial statements have been prepared in conformity with International Public
Sector Accounting Standards and reflect amounts that are based on best estimates and informed
judgment of management with an appropriate consideration of materiality.
In this regard, management maintains a system of accounting and reporting which
provides for the necessary internal controls to ensure that transactions are properly authorized
and recorded, assets are safeguarded against unauthorized use or disposition and liabilities
recognized.
JOSE FILMER R. TORRES
City Accountant
JOSE T. ORLINO
City Mayor
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