Inventory represents the unused and unissued accountable forms per the
inventory of Municipal Treasurer as of December 31, 2024.
Note 8: Prepayments and Deferred Charges
2024 2023
Prepayments
Advances to Contractors ₱ 0.00 93,692.91
Prepaid Rent 38,183.92 38,183.92
Deferred Charges
Discount on Advance Payments 7,280.35 7,280.35
Total Prepayments and Deferred ₱
45,464.27 139,157.18
Charges
The Prepaid Rent and Discounts on Advance Payments are assets no longer
verifiable due to the absence of documents.
Note 9: Property, Plant, and Equipment
Land
Land ₱ 4,513,818.03 4,513,818.03
Total Land ₱ 4,513,818.03 4,513,818.03
Land Improvement
Other Land Improvements ₱ 58,399.57 58,399.57
Total Land Improvements ₱ 58,399.57 58,399.57
Infrastructure Assets
Road Networks ₱ 71,567,627.57 77,371,264.49
Flood Control Systems 18,735,948.06 17,175,559.83
Water Supply Systems 47,685,212.17 47,320,854.71
Power Supply Systems 7,081,242.97 7,472,427.57
Seaport Systems 1,116,623.09 1,202,517.18
Other Infrastructure Assets
Total Infrastructure Assets ₱ 146,186,653.86 150,542,623.78
Building and Other Structures
Buildings ₱ 44,231,512.60 5,986,437.33
School Buildings 3,404,107.41 2,615,846.25
Hospitals and Health Centers 1,722,309.77 1,890,834.37
Markets 1,805,840.22 1,993,945.18
Other Structures 82,331,621.90 80,806,850.45
Total Building and Other Structures ₱ 133,495,391.90 93,293,913.58
Machinery and Equipment
Machinery ₱ 36,325,174.01 339,961.78
Office Equipment 2,039,005.08 1,334,097.44
Information and Communication
338,579.47 410,108.77
Technology Equipment
Agricultural and Forestry Equipment 24,925.50 41,256.00
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