Table of Contents (Annual Report CY 2016)                Municipal Assessor

Narrative Accomplishment Report for Year 2016

            The accounting office is mandated to establish, maintain an internal audit and accounting system in conformity with Philippine Public Sector Accounting Standards to aid in the decision-making process for the municipality. We do maintain internal audit and accounting system as we are provided with guidelines specially on disbursement of funds by the National Governments Agencies such as DBM, GPPB, DILG, COA etc.  

            The accounting office was manned by three permanent positions and two job orders. Three permanent personnel were in charge with financial transactions of the Local Government while two Job Orders paid by the barangays were in charge of the barangay transactions but with the supervision of the Municipal Accountant specifically on financial reports monthly, quarterly as well as annual.

            The Municipality is maintaining three funds namely General Fund, Special Education Fund and Trust Fund.  For the year, the following were the highlights our accomplishments;

  1. Processed and recorded payments for obligations for three funds;
 

Fund

# of Transactions

Total Amount

General Fund

Payments thru Checks - 1287

    P 63,314,290.72

 

Thru-Payroll/Cash   -        67

P24,283,147.27

Special Educt’n Fund

Payments thru Checks -   56

P564,835.44

 

Thru – Payroll/Cash -        1

P18,304.00

Trust Fund

Payments thru Checks -   235

P17,550,349.62

 

Thru – Payroll/Cash -        1

P1,025,941.57

 Totals of payments thru checks included total payments thru payroll /cash.

  1. Prepared journal entries for receipts and recording of the same;
 

Fund

# of Transactions

Total Amount

General Fund

1352

    P 74,095,292.98

Special Educt’n Fund

105

    P 417,183.55

Trust Fund

35

    P 22,295,481.01 


  1. Prepared and submitted financial reports to the Commission on Audit
 

Fund

Monthly

Qtrly

Annual

General Fund

12

4

1

Special Educt’n Fund

12

4

1

Trust Fund

12

4

1

Barangays

228

76

19

  1. Prepared and submitted liquidation reports to the Agencies with fund transfers (BUB etc.) to the LGU.
  2. Prepared promptly monthly remittances to GSIS, PAG-IBIG, PHIC, BIR.
  3. Posted financial reports as required for the Seal of Good House Keeping
  4. Attendance to meetings, seminars and conferences.

      For details of financial status and operation of the Local Government-please refer to our annual financial report.

      With the increasing funds (income and fund transfers) received by the local government and additional reports required by National Agencies may I reiterate my request for the creation of an additional staff to address increasing volume of transactions. And also, to maintain financial records as required in the Local Government Code and National Government Agencies such as the Commission on Audit. 

               Prepared by:

                                                RICHARD A. ARAGON

                                                Municipal Accountant

Table of Contents (Annual Report CY 2016)                Municipal Assessor