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QC govt receives unqualified opinion from the COA for the second straight year

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The Quezon City government has continued its proper handling of its finances, receiving an unqualified opinion from the Commission on Audit for the second year in a row.

Quezon City Mayor Joy Belmonte announced the good news during her inaugural speech for her fresh term as local chief executive.

An unqualified opinion or an unmodified opinion from the COA means the auditor concludes that the financial statements were prepared, in all material respects, in accordance with the applicable financial reporting framework.

“Tayo ay muling tumanggap ng unqualified opinion sa ikalawang sunod na taon. Ibig sabihin, naging masinop ang ating paggastos ng pondo ng bayan alinsunod sa mga reglamento,” Belmonte said.

She said her administration would continue to stick to the rules and follow regulations and would do its best to improve on its achievements.

“Good governance is not something that you achieve and are done with. It is a continuing process that requires will and determination. We stay alert and stand firm, here and now, in our commitment, and will exert every effort in the days to come to improve upon our hard-won gains,” she said.

She would continue to expand and hasten the delivery of social services to address the needs of the city’s residents, she said.

“Hindi po sapat ang mga pasasalamat, kaya susubukan na lamang po naming tumbasan ng tapat ng paglilingkod ang inyong ipinahiram na tiwala sa amin,” she said.

The city would launch its Alagang QC Program that aims to provide financial assistance to those who lost and would lose their employment and other means of livelihood, she said.

Vulnerable Quezon City residents, such as indigent seniors, solo parents and persons with disability who are not receiving any other support, would also receive monthly financial assistance under its Social Welfare Program, she said.

“This will help the most seriously disadvantaged members of our community secure rice and other basic goods that they need,” she said.

Belmonte also said city has acquired land and would construct more houses for the poor, while a new local government hospital in district 6 would soon be operational.