10.2 Inter-Agency Payables 2024 2023
Due to BIR ₱ 487,568.69 ₱ 376,884.02
Due to GSIS 1,113,040.70 1,139,028.01
Due to PAG-IBIG 101,841.96 68,098.63
Due to PHILHEALTH 172,255.70 125,432.40
Due to Other NGAs 31,327,824.72 17,933,879.28
Due to Other GOCCs (4,433.94) (4,433.94)
Due to LGUs 5,292,004.98 4,725,977.44
Total Inter-Agency Payables ₱ 38,490,102.81 ₱ 24,364,865.84
The first four accounts represent the amounts deducted from the salaries of
officials and employees and remitted to the respective government agencies in the month
following the month in which these were deducted. The remaining accounts represent
balances of funds received by the LGU for specific purposes.
Transfers from other government agencies represent funds received for specific
projects undertaken by the LGU. These funds are received based on the budgets
submitted. Accordingly, the LGU is contractually bound to spend these funds only in
connection with the designated projects. Furthermore, the contracts stipulate that the
funds received for the project may only be applied to the costs incurred as each phase of
the project is certified complete. The remaining conditions therefore represent phases of
the projects that are yet to be certified as complete. The return of the unspent portion of
the fund is subject to the conditions stated in the respective Memorandum of Agreements
executed between the LGU and the proponent government agencies.
10.3 Intra-Agency Payables
Due to Other Funds ₱ 6,072,749.16 ₱ 8,142,867.64
Elimination of Reciprocal Accounts (6,072,749.16) (8,142,867.64)
Total Inter-Agency Payables, net ₱ 0.00 ₱ 0.00
Due to Other Funds represent funds due for transfer to other funds, net of the
amount eliminated for Due from Other Funds amounting to ₱6,072,749.16 and
₱8,142,867.64 for CYs 2024 and 2023, respectively. Out of the total, Due to Other
Funds pertains to the amount received from the National Government that is due for
transfer to other funds after compliance with the required documentation or conditions
therein.
10.4 Trust Liabilities
Trust Liabilities – DRRM Fund ₱ 7,349,020.57 ₱ 9,869,415.79
Bail Bonds Payable 1,105,540.92
Guaranty/Security Deposits Payable 0.00 858,860.91
Total Trust Liabilities ₱ 8,454,561.49 ₱ 10,728,276.70
Trust Liabilities – DRRM Fund refers to the unexpended balance of DRRM Fund
as of December 31, 2024, which was transferred from General Fund to Trust Fund, net of
the related appropriations for capital expenditures in prior years, and is subject to the
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