(c) Provide additional information that is not presented on the face
of the financial position, statement of financial performance,
statement of changes in net asset and equity, or cash flow
statement that is relevant to an understanding of any of them.”
4.2. In relation to this, Annex D of COA Circular No. 2012-002 dated September 12,
2012, provides a sample disclosure that should be included in the Notes to FS. It
specifically requires the presentation of the amount and details of the unexpended
balance of the LDRRMF, as follows:
“Note___. Local Disaster Risk Reduction Management Fund
(LDRRMF)
The LDRRMF represents the amount set aside by the LGU
to support its disaster risk management activities pursuant
to RA No. 10121 otherwise known as the “Philippine
Disaster Reduction and Management Act of 2010.” The
amount available and utilized during the year totaled
₱______ and ₱ ______, respectively, broken down as
follows
Amount
Particulars
Available Utilized Balance
Current Year Appropriation:
Quick Response Fund (QRF) ₱ ₱ ₱
Mitigation Fund (MF)
MOOE
Capital Outlay
Total
Continuing Appropriation: ₱ ₱ ₱
Special Trust Fund
CY 20__ ₱ ₱ ₱
CY 20__
CY 20__
CY 20__
CY 20__
Total
Total ₱ ₱ ₱
4.3. However, we noted that the amount of the LDRRMF Current Year Appropriation
presented in the Notes to FS reflected only the initial annual appropriation of
₱13,568,802.15. The budget revisions made during the year were not considered. In
fact, the final amount of the LDRRMF appropriation for CY 2024, as indicated in
the LDRRMFIP (2nd Revision) dated October 16, 2024, was ₱18,119,594.98. Thus,
a difference of ₱4,550,792.83 was not disclosed in the Notes to FS as of December
31, 2024.
44
