Balance as of Amount
Account Date of Remittance
December 31, 2024 Remitted
* ₱129,757.28 still had to be traced and
reconciled by the agency;
Due to Pag-IBIG ₱ 4, 200.00 ₱ 4,200.00 January 13, 2025
January 22, 2025
February 20, 2025
Due to PhilHealth 119,038.90 119,038.90 January 3, 2025
D. SETTLEMENT OF ACCOUNTS
8.1. The reported audit suspensions, disallowances, and charges of the LGU as at December
31, 2024, were as follows:
Beginning Issued this Period Ending
Particulars Balance (1/1/2024 to 12/31/2024) Balance
(01/01/2024) NS/ND NSSDC (12/31/2024)
Suspension ₱ 969,463.00 0.00 0.00 ₱ 969,463.00
Disallowance 0.00 0.00 0.00 0.00
Charge 0.00 0.00 0.00 0.00
8.2. These ending balances pertain to audit suspensions issued and received in the following
years:
Balance as of Transaction
Year Issued Remarks
12/31/2024 Year
Notice of Suspension
2015 ₱ 969,463.00 2014 ₱958,133.00 - Lacking documents
on BUB Tagbino - Guiba 50%
₱11,330.00 – Explanation for the
extra labor and inconsistent
documents
Total NS ₱ 969,463.00
8.3. We would like to note that the aforesaid balances do not include Notices of Suspension,
Disallowance, and Charge issued prior to the effectivity of the Rules and Regulations on
Settlement of Accounts, which are still subject to reconciliation with the balances of the
accounting record.
E. OTHER MATTERS
9. We have audited the other areas included in the Focus Areas on the Audit of the CY 2024
Accounts of the Local Government Units covered under the COA Local Government Audit
Sector Unnumbered Memoranda dated October 30, 2024. However, we have not yet
obtained sufficient and competent evidence on other matters to warrant the inclusion of
audit observations in this Report.
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