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Bulacan is top spender among provinces in 2015 – COA

Apr 5, 2017 @ 11:10
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The province of Bulacan is the top spender in the country with a total expense amounting to P3.229 billion in 2015, state auditors said.

In its Annual Financial Report on the Local Government Units in 2015, the Commission on Audit (COA) said Bulacan topped the 10 provinces with the highest expense reported for each LGU class.

Bulacan is followed by Negros Occidental with a total expense of P2.954 billion, Cebu with P2.614 billion, Pangasinan with P2.517 billion, Laguna with P2.468 billion, Cavite with P2.296 billion, Quezon with P2.239 billion, Batangas with P2.174 billion, Pampanga with P2.135 billion, and Compostela Valley with P1.946 billion.

Over-all, all the provinces included in the audit had a reported expense of P88.34 billion in 2015. The cities had the largest share of spending at P161.88 billion, followed by the municipalities with P137.36 billion.

The total expenses consist of expenses from current operations, transfers, assistance and subsidy to national government agencies or other LGUs, and losses.

The report covered 78 provinces, 141 cities, and 1,428 municipalities in the country.

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