Meta PixelAnnual Audit Report 2024 — Municipality of Valencia — Page 40

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       The Municipality’s total Current Year Appropriation for the 5% Local Disaster Risk
Reduction and Management Fund (LDRRMF) is ₱13,568,802.15. This amount was
programmed for various projects and activities by the Local Disaster Risk Reduction and
Management Council.

       In compliance with COA Circular No. 2012-002, a total amount of ₱4,403.978.90,
representing the unexpended/unobligated balance of the Quick Respond Fund and 70%
Pre-Disaster Preparedness Program, was transferred to the Trust Fund books on December
31, 2024.

          CY 2024 5% Local Disaster Risk Reduction and Management Fund

            Annual Budget                                    ₱ 13,568,802.15
            Supplemental Budget                                         0.00
            Total                                           ₱ 13,568,802.15
            A. 30% Quick Response Fund                      ₱ 4,070,640.64
            B. 70% Pre-Disaster Preparedness Program        ₱ 9,498,161.51
            Less: Amount Utilized                               1,147,883.25
            Balance of the CY 2024 DRRMF                    ₱ 12,420,918.90
            Less: Balance of the Capital Outlay                 8,016,940.00
            Amount Transferred to the Special Trust
            Fund                                            ₱   4,403,978.90




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