The Due from NGAs account represents the LGU Counterpart for the Third Elementary
Education Program, which will be liquidated and reclassified to the appropriate fixed
asset account upon completion of the project. As of December 31, 2014, ₱1,529,700.07
or 76.16% represents, respectively, the amount or percentage of work accomplishment.
2024 2023
Intra-Agency Receivables
Due from Other Funds ₱ 14,605.92 ₱ 2,220,497.01
Total ₱ 14,605.92 ₱ 2,220,497.01
Receivables/Payables between funds in the amount of ₱10,602,399.60 has been
eliminated. Please also see Note 11.
Advances
Advances for Payroll ₱ 0.00 ₱ 6,450.00
Advances to Special Disbursing Officer 1,534,772.28 1,512,000.00
Advances to Officers and Employees 4,170,111.78 4,493,241.78
Total ₱ 5,704,884.06 ₱ 6,011,691.78
Other Receivables
Due from Officers and Employees ₱ 25,412.95 ₱ 25,412.95
Due from Non-Government
2,000,000.00 2,000,000.00
Organizations/People's Organizations
Other Receivables 2,519,150.39 2,558,300.65
Total ₱ 4,544,563.34 ₱ 4,583,713.60
Total - Receivables ₱34,920,694.43 ₱43,377,242.44
a. Payroll deductions which started last March 2005 has been made on the Due from
Officers and Employees account. Demand letters were sent and acknowledged by
the concerned officers and employees.
b. The amount of ₱44,748.00 under Other Receivables represents KKK receivables in
the Trust Fund. Confirmation and demand letters were mailed to the persons
concerned whose names appeared in the Schedule of Receivables. As of this
writing, no response has been received yet.
c. Based on the aging schedule, the following is the classification of current and non-
current receivable accounts:
2024 2023
Current Non-Current Current Non-Current
Accounts Receivable ₱ 180.02 0.00 ₱ 180.00 0.00
Real Property Tax Receivable 0.00 0.00 6,276,133.53 0.00
Special Education Tax
15,446,041.20 0.00 15,044,606.63 0.00
Receivable
Loans Receivable - Others 19,000.00 0.00 19,000.00 0.00
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