Status of
Ref. Audit Observation Audit Recommendations
Implementation
than the next banking day, contrary pursuant to Section 69(4) of PD No.
to Section 69(4) of Presidential 1445 and Section 32 of the NGAS
Decree (PD) No. 1445 and Section Manual for LGUs, Volume I.
32 of the NGAS Manual for LGUs,
Volume I, thus, exposing
government funds to the risk of
misuse or loss through defalcation.
AAR 8. The Municipality did not close its 12. We recommended that Unimplemented
2023 checking accounts with the Management close their TEEP Management had agreed to the closure
p.50 Landbank of the Philippines (LBP) checking account with LBP and of the TEEP. However, no document
which had a total balance of return the remaining balance of the had been submitted to the Auditor to
₱183,610.12, even though the Trust Fund to the DepEd to avoid confirm this.
accounts had already become incurring future dormancy fees on
dormant as of December 31, 2023, the dormant bank account.
thus affecting the efficiency of
utilizing such funds for their 13. We also recommended that Implemented
operations. Management immediately close
their two checking accounts for
Philhealth and appropriate the
money for the implementation of
programs and projects that benefit
the municipality's constituents,
subject to the usual budgeting and
accounting rules and regulations.
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