The Commission on Audit (COA) has flagged the city government’s “unliquidated cash advances” amounting to P145.8 million in its 2018 spending.
The COA audit team, in a 19-page summary report released last week, recommended the imposition of “strict internal controls” over the city’s funds.
“Serve written notices to all concerned accountable officers; conduct regular monitoring and analysis of cash advance accounts; impose strict internal control over its grants; thoroughly review and check liquidations for each accountable office,” the COA report stated.
The report noted the city government’s total unliquidated cash advances amounting to P145,774,019, and instructed the city mayor, city treasurer, and accountant to take-up “necessary and appropriate” adjusting entries respective to its records.
Furthermore, COA instructed mayor Lucilo Bayron and the City Legal Office (CLO) to institute legal action against the concerned officials and employees, if warranted.
Lawyer Arnel Pedrosa of CLO said that they have yet to receive the memorandum from COA but insisted that they were able to complete the liquidation from its 2018 cashbooks.
“COA was contesting the P146M spending about payrolls, cash advances and other deliverables pero tapos na yung liquidation ng city. Na-comply na natin yung mga requirements nila last week,” Pedrosa said.
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