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COA REPORT City gov’t uses petty cash for gas

ANGELES CITY, Pampanga – The camp of Pampanga First District Representative Carmelo “Tarzan” Lazatin hit at the administration of Mayor Edgardo Pamintuan for repeatedly using petty cash for their gasoline expenses even in the year 2011, which is a violation of Commission on Audit (COA) Corcular No. 97-002.

The COA Annual Audit Report for the year 2011, dated June 18, 2012, show that for the year 2011, the administration of Pamintuan reimbursed a total of P1,417,740.77 in gasoline expenses.

Part II, Section 7.6 of the COA Audit Report states that “personnel of different offices had purchased goods and services in cash although the amounts and nature thereof were not petty.”

COA Circular No. 97-002 dated February 10, 1997 states that all payments must be made by check and only payments in small amounts may be made by cash through the petty cash fund in the amount not exceeding P1,000.00.

The Lazatin camp revealed earlier that the City Government reportedly owes Magtoto Petron Station P2.5 million in gas and oil debts and has resorted to using petty cash for their gasoline expenses.

Reports also say that aside from millions of gasoline debts, the City Government also owes local newspaper, Central Luzon Businessweek, P124,000 in advertisement debts.

“The city government has not been able to pay for the numerous advertisements they commissioned on our paper since October 2011,” said Mina Navarro-Cabiles, Businessweek’s Marketing Officer.

The commissioned advertisements mentioned by Cabiles are as follows; calendar of activities for Tigtigan Terakan Keng Dalan published from October 5 to 11, 2011 amounting to P10,000, congratulatory message for Businessweek’s sixth anniversary published from November 16 to 22, 2011 amounting to P6,000, a six-page publication of City Ordinance No. 302 from March 7 to 13, 2012 amounting to P90,000, publication of birthday greetings for Congressman Lazatin from June 27 to July 3, 2012 amounting to P12,000, and the publication of a congratulatory message for the 98th anniversary of Iglesia Ni Cristo from July 25 to 30, 2012, amounting to P6,000.

The Lazatin camp also revealed that they received insider reports saying that the salaries of the controversial Job Order Employees from September 16 to 30, amounting to P8 million, were only paid on October 5, after SM Prime Holdings paid their taxes worth P9,189,775.98 the day before (October 4).

“The administration keeps on denying the city’s bankruptcy and calling Congressman Lazatin a liar, but the evidence are everywhere,” said IC Calaguas, Lazatin’s Chief of Staff.

As of September 3, 2012, official documents from the Office of the City Treasurer show that the city had an income of P16,084,424.08 and expenditures amounting to P28,030,000, resulting in a negative cashflow of P11,945,575.92 for the city.

http://punto.com.ph/News/Article/15625/Volume-6-No-57/Headlines/u-COA-REPORT-u-br-City-gov’t-uses-petty-cash-for-gas

Recent surge of investments going into Clark Philippines drained Clark Freeport of prime land available for long-term leases. Investors now look for partnerships and acquisition opportunities with existing businesses located in Clark Philippines. Clark Pampanga is a fast growing city and businesses in Manila are making their move to either expand into or relocate to Clark Philippines.

Three new casinos, another world-class 36-hole golf course, several new hotels and resorts of varying class of luxury have opened in Philippines Clark Freeport over the last six months. Samsung Electronics just broke ground for a US$5 billion electronics plant, coincidentally in a location adjacent to the US$2 billion plant of US chip manufacturer Texas Instruments. Hundreds of hectares of prime land in the 4200-hectare main zone of Clark Freeport have quickly been occupied. Almost the entire central business district has gone off the map of available land in this fast-growth investment destination.

With its near-zero crime rate, low pollution levels, absence of traffic congestion and a favorable tax structure, Clark Freeport is well known among foreign investors as the destination of choice. Now that the Clark International Airport (DMIA) has flung into full operations with dozens of flights linking Clark to all major cities in Asia and some beyond, Clark Freeport, Pampanga has come of age.

Where to go in Clark? Hotel Clark Philippines is a De Luxe Hotel in Clark and Subic, a risk free place to stay, cozy and nice ambience, a nice function place for special occasion

You might want to check also the Yats Restaurant is the best restaurant for special dinner, best restaurant for dinner with friends near Manila, also the best place to celebrate special events.

Famous Restaurant in Pampanga, a place to dine with friends in Clark, cozy restaurant with a nice ambience, a nice function place for special occasions. Looking for a restaurant in Clark for a Business meeting? Or a place to eat with friends? Yats Restaurant offers exclusive dinner venue for groups, a good place to celebrate special occasions, it can be a party venue in town. Yats Restaurant is a recommended restaurant for private dinner in Philippines, a well-recognized restaurant that serves good food and good wines for dinner.

Are you looking for an attractive restaurant or a nice place to eat with friends in Clark, Angeles City Pampanga? Yats Restaurant and Wine Bar is a restaurant with good food and good wines for dinner located at Clark Angeles City Pampanga. Perfect for exclusive dinner venues for groups, recommended for private dinner in Philippines. A Restaurant in Clark for business dinner meeting. Private dinner place or dinner restaurant in Clark Subic Near Manila Angeles City Pampanga. Yats Restaurant is one of the Good Restaurant in Pampanga Angeles City Clark near Manila.

Looking for a party venue in town?
Clearwater Resort and Country Club is one of the ideal venues for birthday party because it is a risk free venue. Not only Birthday Parties but also a good place to enjoy family reunion. A good place to celebrate special occasions. Clearwater Resort and Country Club is one of the resorts in Subic Clark Angeles City Pampanga or near Manila with activity amenities, place that are nice for celebration.

This web site contains articles and information that will be helpful to visitors, residents and tourists traveling out of town from Manila on a short getaway to Subic, Angeles City, Pampanga and Clark Philippines. There are several web sites that contain information that might also be pertinent to what is happening in North Luzon, Subic, Tarlac, Pampanga, Clark Freeport Philippines.

Looking for interesting hotels near Manila Subic Clark Angeles City Pampanga?
Trouble free hotels and well recognized hotels in Subic Clark Angeles City Pampanga
Clearwater Resort and Country Club offers a good place to stay in Subic Clark Angeles City Pampanga. In offers nice place to have rest in Subic Pampanga outside Manila.
One of the Philippines top hotels in north Luzon.

Wedding couples looking for wedding reception venues and beach wedding venues can log on to this Philippines Wedding Venue web site for free information and assistance:

Yats International Leisure Philippines

For assistance with lodgings, accommodations, hotels and resorts near Manila in Subic, Pampanga, Angels City and Clark Philippines log on to http://www.HotelClarkPhilippines.com

While in Clark, one might as well add to the itinerary a visit to the famous Clark Wine Center, the largest wine shop in Philippines which offers over 2000 selections of fine vintage wine from all wine regions, vintages spanning over 50 years covering all price ranges.

http://www.ClarkWineCenter.com


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