Meta PixelAnnual Audit Report 2024 — Municipality of Tayasan — Page 42

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Note 11. Intra – Agency Payables

                                                             2024                 2023
  Due to Other Funds                                  ₱     3,708,595.99   ₱    8,712,373.29
  Elimination of Reciprocal Accounts                      (3,708,595.99)                0.00
  Total Intra-Agency Payables                         ₱             0.00   ₱    8,712,373.29

Note 12. Trust Liabilities

  Trust Liabilities                                   ₱      385,921.01    ₱     385,921.01
  Trust Liabilities - Disaster Risk Reduction and
                                                          13,807,036.04        10,852,163.38
  Management Fund
  Guaranty/Security Deposits Payable                         931,359.47       1,088,971.29
  Customers' Deposits Payable                                 51,150.00          51,150.00
  Total Trust Liabilities                             ₱   15,175,466.52    ₱ 12,378,205.68

Note 13. Deferred Credits/Unearned Income

  Deferred Real Property Tax                          ₱    4,401,705.95    ₱ 2,525,330.05
  Deferred Special Education Tax                           2,411,417.00        768,469.75
  Other Deferred Credits                                       3,753.10          3,753.10
  Total Deferred Credits/Unearned Income              ₱    6,816,876.05    ₱ 3,297,552.90

Note 14. Other Payables

  Other Payables                                      ₱    7,134,191.76    ₱ 4,259,333.35
  Total Other Payables                                ₱    7,134,191.76    ₱ 4,259,333.35

Note 15. Tax Revenue

  Tax Revenue - Individual and Corporation
    Community Tax                                     ₱      422,959.34    ₱    420,084.63
  Tax Revenue - Property
    Real Property Tax- Basic                                 504,669.83         545,408.00
    Discount on Real Property Tax- Basic                           0.00               0.00
    Special Education Tax                                    603,506.57         681,739.93
    Discount on Special Education Tax                              0.00               0.00
  Tax Revenue - Goods and Services
    Business Tax                                           2,479,824.07        2,090,905.38
    Tax on Sand, Gravel, and Other Quarry Products            46,440.00          106,033.00
    Amusement Tax                                             84,996.50           50,150.00
    Franchise Tax                                              6,200.00            7,250.00
  Tax Revenue - Fines and Penalties
    Tax Revenue - Fines and Penalties - Property
                                                             233,412.68         318,015.57
         Taxes
    Tax Revenue - Fines and Penalties - Other Taxes           12,641.82         15,555.76
  Total Tax Revenue                                   ₱    4,394,650.81    ₱ 4,235,142.27
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