Pasay City Recognized for Financial Excellence
Pasay City proudly received an unmodified opinion from the Commission on Audit (COA) for the second consecutive year, proving its commitment to transparent and accurate financial reporting. This unmodified opinion confirms that the city’s financial statements fairly represent its financial position and comply with established accounting standards.
Mayor Emi Calixto-Rubiano announced that Pasay City passed the COA’s unmodified opinion for 2024, a distinction first achieved in 2023. “This recognition is the highest rating any local government unit can receive from COA,” she emphasized, highlighting the city’s dedication to proper financial governance.
Highest Rating Reflects Strong Compliance
The unmodified opinion signals that Pasay City adheres strictly to the laws, rules, and regulations set by COA. The city government’s financial management and reporting are both transparent and fair, ensuring public trust and accountability.
Mayor Rubiano also noted that Pasay City was the first in the National Capital Region (NCR) to submit its government assessment and reports to the COA Pasay Field Office. This prompt submission reflects the city’s proactive approach to governance and compliance.
Teamwork Drives Success
The mayor credited this achievement to the collective efforts of city officials and employees, who work tirelessly under the city’s service motto, “Tapat at Higit pa sa Sapat na Paglilingkod.” Their dedication has been vital in maintaining Pasay City’s reputation for financial integrity.
This back-to-back recognition reinforces Pasay City’s role as a model for local governments striving for excellence in financial transparency and accountability.
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