LDRRMF Investment Plan
6. The unexpended balances of the LDRRMF from prior years amounting to
₱11,616,979.08 which were transferred to the Special Trust Fund (STF) were not
considered and integrated into the LDRRMFIP for CY 2024, contrary to Sections
5.1.2 and 5.1.15 of COA Circular No. 2012-002 dated September 12, 2012 and may
result in inefficiencies in allocating and utilizing funds for disaster risk reduction and
management efforts, as well as missed opportunities for disaster resilience and
preparedness initiatives.
6.1. Sections 5.1.2 and 5.1.15 of COA Circular No. 2012-002 dated September 12, 2012,
provide:
“5.1.2 A LDRRMFIP for the DRRM program shall be prepared annually.
It shall present the 30% allocation for QRF in lumpsum and the
allocation for disaster mitigation, prevention and preparedness with
details as to projects and activities to be funded. The LDRRMFIP
shall also include under a separate caption, the list of projects and
activities charged to the unexpended LDRRMF of previous years.
Xxx.
5.1.15 The LDRRMFIP shall be reviewed and updated annually to
include the activities to be funded from the unexpended QRF and
DRRMF-MOOE of the previous years which were transferred to the
Special Trust Fund.”
6.2. The Local Disaster Risk Reduction and Management Council (LDRRMC) shall
monitor and evaluate the use and disbursement of the LDRRMF based on the Local
Disaster Risk Reduction and Management Fund Investment Plan (LDRRMFIP),
which shall be incorporated into the local development plans and annual work and
financial plan and included in the Annual Investment Plan.
6.3. On September 11, 2023, the Municipal Disaster Risk Reduction and Management
Council (MDRRMC) approved Resolution No. 04 Series of 2023, formulating the
programs/projects/activities (PPAs) of the LDRRMF for CY 2024, amounting to
₱9,716,020.45. However, we noted that the unexpended LDRRMF from previous
years was not included in the approved resolution nor the approved CY 2024
LDRRMFIP, contrary to the above-mentioned regulations.
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