No liquidation of NGO funds

By: Morexette Marie B. Erram July 18,2018 - 09:32 PM

Over P50 million worth of funds allocated by the Cebu City government to several non-government organizations (NGOs) remained unaccounted for as of December last year.

In their 2017 audit report on Cebu City Hall, COA said the city government transferred funds worth P31,416,664.94 from their general fund, about P2,913, 818.00 from their special education fund and P15,691,323.45 from their trust fund to various NGOs.

COA directed the City Accounting Office to take action including sending out notices to the recipient NGOs telling them to submit their liquidation reports.

“About 59 percent, or P29,637,515 were still unliquidated by the NGOs. Liquidation reports should have been submitted long ago, and any unused funds should have been returned to the City,” COA said.

They also cited pending and suspended liquidation reports in the city’s Pre-Audit Section as reasons for the city’s failure to account the funds.

“Various liquidation reports totaling P10,927,861 or 22 percent of the total receivables from NGOs were suspended in the Pre-Audit Section due to certain deficiencies or due to the non-submission of the lacking documents required to them,” COA said.

Liquidation reports amounting to P29,637,515 remained pending in the Pre-Audit Section too, state auditors said.

Subscribe to our regional newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.
Read Next

Disclaimer: The comments uploaded on this site do not necessarily represent or reflect the views of management and owner of Cebudailynews. We reserve the right to exclude comments that we deem to be inconsistent with our editorial standards.

TAGS: Funds, liquidation, NGO, No

Subscribe to our regional newsletter

By providing an email address. I agree to the Terms of Use and
acknowledge that I have read the Privacy Policy.

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.