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Thursday, March 28, 2024

Navotas gets highest COA rating for 4th year in a row

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The Navotas City Government has once again earned the Commission on Audit’s highest audit rating for public institutions.

Navotas gets highest COA rating for 4th year in a row

The agency’s 2018 audit report showed that Navotas has secured an unqualified opinion for the fourth consecutive year, the only local government unit in Metro Manila to have such a record.

Navotas also received COA’s unqualified opinion in 2015, 2016 and 2017.

“We are honored to receive our fourth unqualified opinion from COA. I commend all the departments and offices of the city government for their committed and honest service to the people of Navotas,” former mayor and now Rep. John Reynald Tiangco said.

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Mayor Toby Tiangco, on the other hand, urged city hall employees to maintain the highest level of compliance with laws on the utilization and management of public funds.

“Let this year’s unqualified opinion inspire us to continue the judicious and prudent spending of our people’s taxes and give them the best service they deserve,” he said.

COA gives an “unqualified opinion” to a government office or agency that has presented its financial position, financial performance and cash flows in a fair manner and in accordance to the Philippine Public Sector Accounting Standards.

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