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Aug
3
2012
 4

Naujan Financial Data of 2011


income

Check out a government report on how Naujan is doing financially.

 

These are not audited financial copies, but merely public documents as can be found on the official government site of the Bureau of Local Government Finance

 

Naujan Financial Data 2011 PDF

4 Comments for Naujan Financial Data of 2011


Sylvette G. Sabaupan
August 4, 2012, 5:55 am

Just curious lang po bout the Other receipts, non tax revenue of 1.7M ; non operating capital expenditures of 13M; and payment of prior year payables of 7.7M. Just the same and as a typical accountant query, this report needs to be supported by valid source documents such as official receipts, invoices, etc. Anyway, will just have to go to the Bureau of Local Government Finance website. Thank you for the information…


Reply

Admin
August 5, 2012, 7:53 am

Actually po, yung other receipts, hindi masyado p[roblema. Kasi that was income coming in sa ating kaban. Yung capital investment na nakalagay sa Expenditures, we are sure, na may justification ito. and medyo malabo po ay yung Prior Accounts Payable na kung bakit hindi naka itemized dun sa ibang expenditures, since ito naman ay basically expenditure talaga. We will provide our analysis po regarding these figures, and it will be posted here and on FB on Monday.


Reply

Sylvette G. Sabaupan
August 6, 2012, 9:46 am

Thank you for providing the analysis, I was stunned, you are not only an English wizard and a writer but a finance analyst as well. Salamat sa isang multi talented po na Naujeñong tulad ninyo helping a lot for the improvement of Naujan. Thank you.

Ok pa po to ask for the following questions and maybe some points of clarifications?…

Siguro po, am just into details of the non tax revenue, though as you said it is “cash in”; we should also know the details; for decision making purposes, like pede ba nating i maximize or have possible increase next year to add to the town’s income. Bout the capital expenditures, am just into the criterion why it was classified as such ; tama ka po yung justification nga.

Yung payment of prior year payables, I think we need to know how much is really the liability of Naujan, we really should establish the obligation, how much at pang ilang payment na ba tayo? Magkano ba ang outstanding? Para pong tipong adequate disclosure to comply with the qualitative characteristic of understandabilty in financial reports.

Discrepancies in beginning and ending balances are alarming po, dapat nga po talagang may audited financial statements ang Naujan. Your requests for feedback from Naujan leaders are very timely po coz it will really require a lot of clarifications from them…

Sir cencya na sa mga tanong and reactions, as you have said once a Naujeño, forever a Naujeño, kaya naman po whatever are my comments, I usually submit to the website.

Thank you for always being very accomodating.


Reply

Admin
August 7, 2012, 9:56 pm

Walang anuman po. Salamat din sa patuloy na pakikipag engage sa mga isyung bayan. Ang patukloy at bukas na discussion ay mabuti para sa bayan.

Salamat po.


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