COA Uncovers P27.9M in Idle Funds at Tagbilaran City Hall

A Commission on Audit (COA) report has uncovered P27.9 million in idle or incompletely implemented fund transfers at the Tagbilaran City Government, hinting possibilities about financial mismanagement and failed project execution. The latest audit found that the “Due to National Government Agencies (NGAs)” account balance of P27,918,457.51 included funds idle for over a decade, unspent portions of…

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COA Flags Tagbilaran for P15.7M in Unliquidated NGO Funds

The Commission on Audit (COA) has called out the City Government of Tagbilaran for its failure to properly monitor and enforce the liquidation of P15,733,000 in funds released to various non-governmental organizations (NGOs) and people’s organizations (POs).  The finding was highlighted in a recent audit report, raising concerns about financial management practices in the city. According to…

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