Out of the top 10 richest cities in the nation, Davao City was the sole city that faced scrutiny for potentially inappropriate use of its development fund, a 2022 COA report shows
This is AI generated summarization, which may have errors. For context, always refer to the full article.State auditors said that Davao City’s expenditures of P6.454 million were “inappropriately charged,” and go against the guidelines established in Joint Memorandum Circular No. 1. This circular was jointly issued by theIn 2022, Davao’s IRA was P8.207 billion – P2.265 billion higher than the P5.942 billion it declared in 2021.
Around P2.129 billion, which accounts for 20% of the IRA, was earmarked for the city’s development fund. Significant portions of these were allocated as follows:Among the expenditures questioned by COA were Davao’s P2.9 million spending on cash prizes, officiating fees, phone expenses, vehicle rental, and representation expenses, as well as P3.4 million for catering services and financial assistance to the city’s centenarians.
The Davao City Budget Office and the City Accountant Office explained to COA that the questioned “expenditures were due to management’s misinterpretation of the provision, believing that said expenditures were allowed.” The Davao City government has committed to aligning future budgets for the development fund with the prescribed rules and regulations for utilization.
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