Cagayan de Oro City has a net worth of nearly P5.4 billion based on the Commission on Audit’s (COA) Annual Financial Report for the year 2015.
Based on the report, the city has an asset of P7.9 billion with liabilities totaling P2.39 billion. Revenues grossed nearly P2.7 billion with Net Income amounting to P974.8 million. See the table below.
Download Volume I of the COA 2015 Annual Financial Report HERE.
Meanwhile, among the significant findings made by COA was the seventeen (17) missing encashed checks amounting to P79,197,140.59 which were not recorded in the books. Here’s a screenshot below of the brief explanations stated in Volume II of the report for Cagayan de Oro City.
Download Volume II of the COA 2015 Annual Financial Report HERE.