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COA to Capitol: ‘Account development fund’

By: Jessa Mae O. Sotto July 22,2018 - 03:55 PM

The Commission on Audit (COA) has asked the Cebu Provincial Government to explain their utilization of the development fund amounting to P3.6 million.

A COA report stated that Capitol spent the allocated fund for the procurement of goods for office use.

The development fund is intended to support the implementation of development programs and projects of the province.

Danilo Rodas, provincial budget officer, said that he will review the expenditures indicated in the report.

Rodas will also submit a written explanation to COA thereafter.

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TAGS: account, Capitol, COA, development, fund
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