July 19, 2024

Bicol Express News

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LGU-Gubat gets highest COA rating in 6th consecutive year under Mayor Escoto watch

Mayor Sharon Escoto - Gubat, Sorsogon. Bicol Express News photo

Commission On Audit (COA) again gave LGU-Gubat in Sorsogon Province its highest rating, an “unmodified/unqualified opinion”, for the financial statement of the year 2021.

This is the sixth (6) consecutive year from 2016 to 2021 that LGU Gubat has received under Mayor Sharon Rose Glipo-Escoto.

Such a rating recognized the prudent recording of money by the Municipal office.

The higher rating is considered the result of the municipality’s efforts to ensure that it complies with the laws and regulations of national agencies, as well as internal controls to ensure the proper spending of public money.

LGU Gubat is also open to suggestions from state auditors, and will try to incorporate the recommendations into its ongoing actions to provide the public better and more reliable services.

The Municipal Accounting Office of Gubat is also a Hall Of Famer after three consecutive years of winning as Best Accounting Office from the Association of Government Accountants of the Philippines (AGAP).

This proved the town’s money was well utilized by Mayor Sharon’s administration.