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ANNUAL REPORT CY 2017

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TABLE OF CONTENTS

Title Page 1

Table of Contents 2

Foreword 4

Vision and Mission 5

Philosophy and Values 6

ADMINISTRATIVE/COMMERCIAL SECTION

Salary Increase to BWD Personnel 9

Salary Increase to Job Orders 10

Grant of Gratuity Pay to JO & Contract of Service Workers 10

14th Anniversary Celebration 11

Benchmarking 13

New Reading Schedule 13

Renewal of Legal Counsel’s Contract 14

Performance Based Incentives to Board of Directors 15

2016 Performance Based Bonus 16

Family Day 17

Work Immersion of Grade 12 Students 18

Christmas Raffle Promo 2017 18

Mandatory Drug Test to BWD Employees 20

World Water Day 21

Women’s Month Celebration 22

ASEAN 2017 Philippine Hosting 23

BWD Employees joins Bloodletting Program of CSC 25

Year-end Celebration 25

FINANCE SERVICES SECTION

Year 2017 Operating Income/Expenses 28

Year 2017 Financial Highlights 29

Cash Receipts against Disbursements 30

Trend Analysis Ratio(Cash Receipts and Disbursements) 31

Comparative Billing Data 31

Comparative Collection Data 32

Revenue against Expenses 33

Financial Statements 34

Condensed Statement of Financial Position 34

Condensed Statement of Comprehensive Income 35

Detailed Statement of Cash Flow 36

Detailed Statement of Changes in Equity 39

Notes to Financial Statements 39

OPERATIONS/TECHNICAL SECTION

Water Source Data 73

Service Area 74

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Pump and Storage Data 75

Water Production 76

Power Consumption 77

Completed Projects for CY 2017 78

THE WATER DISTRICT AND ITS PHYSICAL SYSTEM FACILITIES

Historical Background 84

Existing System Facilities 85

Current operational/financial highlights

Existing Water Rates 86

Financial Highlights 87

CONCLUSION 90

ANNEXES 91

FOREWORD

As a Government Agency, the mission of Balingasag Water District

(BWD) is to serve the community, to provide safe and potable tap drinking

water to every household especially to the remote areas. This report presents

the accomplishment of the Balingasag Water District (BWD) for calendar

year 2017 on its regular activities and its projects.

The period under review showed favorable accomplishments towards

attaining its goals and objectives that covers some of the key highlights of

this year’s accomplishments.

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VISION

“Utilizing standardized technology and organizational structure to excel in Giving Quality Services to the Community as a Water Provider.”

MISSION

“Enriching People’s Lives by Enabling Every Household to

Access Safe, Reliable, Adequate and Potable Drinking Water; and Ensure to Meet the Ever Increasing Demand of Water Supply Within the Vicinity.

OUR PHILOSOPHY AND VALUES

WATER DISTRICT

W-WISE

We look to serve the public fairly and at all times seek to have a good judgment in order to foster open and balanced relationship.

A-Accessible

We will do our best for service expansions, so that the remote areas can access the water supply.

T-Timely

Respond immediately to the needs of our water consumer.

E-Environmentally sound

To remain conscious of our responsibilities towards the environment.

R-Responsible

As public servants, we will do our part to improve customer care in an honest and respectable way.

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D-Dedication

We are deeply committed to do our task and duties selflessly to safeguard both the public and employees’ interest.

I-Integrity

We seek to deliver values by maintaining trust and confidence in the public service

S-Service

We are committed for quality and excellent services to the community

T-Team Work

To cooperate in the areas of common interest with a view to help each other for the good public of service.

R-Reliability

To perform our duties consistently and without personal reservation.

I-Innovative

Continually improve the quality of our services by providing the latest, relevant information and knowledge to customize the needs of the

concessionaires. C-Conservation

Promote public awareness for conservation of water through best possible

methods and tools.

T – Transformation The district aimed to transform and change for the better to make use of

resources and technology in striving for continuous improvement in public service.

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Salary Increase to BWD Personnel

Executive Order No. 201 dated February 19, 2016 includes Modifying the Salary Schedule and Authorizing the grant of additional benefits for all civilian personnel in the Executive, Legislative and Judicial Branches, Constitutional

Commissions and other Constitutional Offices, Government-Owned or Controlled Corporations (GOCCs) not covered by RA No. 10149, and local government units

(LGUs); regardless of appointment status, whether regular, contractual or casual; appointive or elective; and on full-time or part-time basis.

It also provided a four-year (2016-2019) implementation of the compensation

adjustment and as per DBM Circular No. 568 dated January 5, 2017, the second tranche implementation of the modified Salary Schedule for civilian personnel, the grant of the Provisional Allowance, Officers’ Allowance and increased Hazard Pay for the MUP, shall be effective on January 1, 2017;

The Balingasag Water District as GOCC, the amounts shall come from the

respective corporate funds charge to 2017 Budgetary Appropriation;

The new basic salaries of BWD Employees as of January 1, 2017 are as follows:

No. Name Existing Rate New Rate per EO

201 Salary Increase

Permanent

1 RENEE SANN R. UBALDE 56,610.00 64,416.00 7,806.00

2 Jufe C. Bongcas 20,651.00 21,387.00 736.00

3 Cresencio I. Gorres Jr. 11,767.00 12,262.00 495.00

4 Erlington Z. Valmoria 11,767.00 12,262.00 495.00

5 Alexius R. Patalinghug 11,658.00 12,155.00 497.00

6 Leizl Jane B. Zaballero 11,658.00 12,155.00 497.00

7 Greggy F. Sumobay 10,255.00 10,761.00 506.00

8 Nelson B. Salvacion 9,478.00 9,981.00 503.00

9 MERCY O. MAESTRE 20,870.00 21,626.00 756.00

10 Albino S. Verdadero 15,368.00 15,818.00 450.00

11 CHRISTOPHER S. BELAMIA 20,651.00 21,387.00 736.00

12 MARIO S. RANIDO 11,767.00 12,262.00 495.00

13 Arnold L. Pabingwit 11,767.00 12,262.00 495.00

14 Alberto A. Bacsin 11,767.00 12,262.00 495.00

15 ERIC R. SALVANE 11,990.00 12,480.00 490.00

16 Jonathan V. Macas 11,658.00 12,155.00 497.00

Casual

1 Arong, Jay 9,478.00 9,981.00 503.00

2 Boter, Keneth 9,478.00 9,981.00 503.00

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3 Dagno, Elmer 9,478.00 9,981.00 503.00

4 Japuz, Jumbo 9,478.00 9,981.00 503.00

5 Mayuman, Ryan A. 9,478.00 9,981.00 503.00

6 Obsioma, Danilo 9,478.00 9,981.00 503.00

7 Alnor S. Palarca 9,478.00 9,981.00 503.00

8 Pamisa, Junmark 9,846.00 10,352.00 506.00

9 Pelador, Jan Michael Vincent 9,478.00 9,981.00 503.00

10 Sacupayo, Evelyn Jean 9,478.00 9,981.00 503.00

11 Villadores, Franklin 9,478.00 9,981.00 503.00

12 Villones, Girlie Joy 9,478.00 9,981.00 503.00

Salary Increase to Job Orders

The Balingasag Water District has twelve (12) Job Orders hired under certain terms and conditions. The said job order shall automatically cease upon its

expiration as stipulated on the contract, unless renewed. However, their services can be terminated prior to the expiration for the lack of funds or when their services are no longer needed.

Five (5) of the Job Order employees did a very satisfactory works and highly

important technical assignment, thus, deserves for an increase in their daily wages from Three Hundred Ten Pesos (P 310.00) to Four Hundred Pesos (P 400.00).

Their salary increase took effect last May 1, 2017.

The Job Order employees are as follows:

1. Mr. Edgardo Nebris – Driver/Plumber

2. Mr. Edward Roa - Plumber 3. Mr. Nomar Borres - Watchman/Plumber

4. Mr. Kendrick Autor - Watchman/Plumber 5. Mr. Allan Salvaña - Watchman/Plumber

Grant of Gratuity Pay to Job Order & Contract of Service

Workers

Administrative Order No. 02 dated January 31, 2017 cited that all workers

whose services through Job Order and Contract of Services and who have rendered a total or an aggregate of at least four (4) months of satisfactory service as of

December 15, 2016 and whose contracts are still effective as of same date, may be granted a one-time Gratuity Pay not exceeding Two Thousand Pesos (P 2,000.00)

each. Those JO or Contractual workers who have rendered less than four (4)

months of satisfactory service as of December 15, 2016 and with effective contracts

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as of the same date may also be granted the one-time Gratuity Pay, but not exceeding One Thousand Pesos (P 1,000.00) each.

The Balingasag Water District as Government Owned and Controlled

Corporation (GOCC), the amounts shall come from the approved corporate budget for 2017.

The following JO/Contractual employees are as follows with the corresponding gratuity pay:

No. Job Order Amount Received

1 Abao, Leon E. 2,000.00

2 Abucejo Michael Rey 2,000.00

3 Autor, Kendrick O. 1,000.00

4 Blanca Miller 2,000.00

5 Borres, Nomar 2,000.00

6 Lazaga, Jerry P. 2,000.00

7 Mayuman, Ryan A. 2,000.00

8 Nebris, Eduardo 2,000.00

9 Oclarit, Leny N. 2,000.00

10 Radores, Rolando G. 2,000.00

11 Regalado Mark Vincent 2,000.00

12 Roa, Edward A. 2,000.00

13 Salvaña, Allan 2,000.00

14 Villones Girlie joy 2,000.00

TOTAL 27,000.00

14th Anniversary Celebration

The Balingasag Water District celebrated its 14th year Anniversary last

February 19, 2017. It has been a part of the celebration to give privilege to all interested applicants with very affordable rates for water service connection through

a “One day Anniversary Promo”.

The Management and Board of Directors unanimously approved to move the

“One day Anniversary promo” on February 17, 2017 (Friday) since February 19, 2017 falls on Sunday. The first 25 applicants will only pay Five hundred pesos

(P500.00) and the next 25 will pay One thousand five hundred pesos (P1,500.00) as maintenance fee respectively. While the first ten (10) commercial applicants will be

charge One thousand five hundred as maintenance fee. The qualified applicant must comply all the requirements within the month of

February including payment on maintenance fee. Unable to meet the deadline shall mean forfeiture of the promo.

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Part also of the 14th anniversary celebration, the BWD management conducted Tree Planting activity last February 18, 2017, Saturday, 8:00 to 11:00

a.m. along the coastal area of Brgy. Binitinan, Balingasag Misamis Oriental. The tree-planting activity is a great opportunity to show the BWD Family’s concern for the

environment and help diminish the unfavorable effects of climate change.

The BWD requested the Brgy. Chairperson, Hon. Delilah M. Sonugan to allow the group to conduct the said activity. The Board of Directors, employees and the On-the-Job trainees joined the tree planting. The group has planted two hundred

fifty (250) stalks of mangrove.

The employees attended the holy mass at 6:00 am in St. Rita’s Parish, Balingasag Misamis Oriental. A lunch was prepared in the office as part of the anniversary celebration.

BENCHMARKING

The Balingasag Water District adopted the GAD (Gender and Development)

Program pursuant to Programs and Policies of the Civil Service Commission. One of

the Gender Issue/Mandate on GAD Plan and Budget for CY 2017 of the BWD is the

Benchmarking Activity.

The BWD’s Board and Management agreed that the Benchmarking Activity

will be at Dapitan and Dipolog City Water District on April 28-29, 2017 for the 1st batch and May 11-13, 2017 for the 2nd batch. A letter was sent to the General Managers of the said water district informing them regarding the visit of the BWD

Employees.

The BWD Officers and employees have visited the pumping station of Dipolog and Dapitan City Water District. The group was given a chance to roam around their premises, observe their operation and do queries as to their best practices.

NEW READING SCHEDULE

The Zone 7 area of Balingasag Water District includes Brgy. Baliwagan, Part

of Brgy. Binitinan, Bagaay Brgy. Blanco and Dumara-it which totaled to Eight Hundred Ninety (890) concessionaires.

The said large number of concessionaires at Zone 7 area causes delayed on

delivery of water bills during reading days.

The Board and management of the Balingasag Water District agreed to

separate the reading days of zone 7 into zone 071 on the 7th day and zone 072 on the 8th day of the month to relieve congestion and for easy & effective delivery of

services to the concessionaires of the Balingasag Water District.

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Effective July 2017, the reading schedule of zone 7 to 10 were moved to a

new to new schedules pursuant to BOD Resolution No. 26 series of 2017.

Zone New Reading Schedule Reading Schedule for July

2017

071 every 7th day of the month July 07, 2017

072 every 8th day July 08, 2017

081 every 9th day July 09, 2017

091 every 10th day July 10, 2017

101 every 11th day July 11, 2017

RENEWAL OF LEGAL COUNSEL’s CONTRACT

The Balingasag Water District (BWD) needs the services of a private counsel

to handle its legal requirements and concerns particularly cases filed within the

jurisdiction.

The Balingasag Water District entered a contract between Atty. Erwin B. Bucio last June 2015. In CY 2017, the contract was renewed pursuant to BOD Resolution

No. 32 series 2017 dated May 23, 2017.

The term of Legal Retainer’s Contract is one year and will end on June 23,

2018. The contract’s terms and conditions are subject for approval from the Office of the Government Corporate Counsel (OGCC) and concurrence of Commission on

Audit (COA).

Performance Based Incentives to Board of Directors

The Local Water Utilities Administration (LWUA) issued Memorandum Circular

(M.C.) No. 001.16 establishing among others, the Performance Based Incentive (PBI) System for the Board of Directors of Local Water District (LWDs) pursuant to

Section 9 of Executive Order (E.O) No. 65 s. 2012.

In order to be eligible for PBI, LWDs must first be eligible for PBB, which can

only be given after the accomplishment of good governance conditions set by the Inter-Agency Task Force (IATF) created under A.O. No. 25 and pursuant to the

guidelines of the grant of PBB for LWDs as release through DBM-LWUA MC. No. 2014-02.

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The BWD received a letter from the LWUA Acting Administrator, Hon. Jeci A. Lapus dated December 21, 2017 authorizing the grant of 2016 PBI for the Board of

Directors.

Name of Director

Actual Annual Authorized Per Diems Received (P) Incentive

Factor (%) Total (P)

Board Committee Sub-Total

1. Beverly S. Vega Chairperson Women 41,472.00 50% 20,736.00

2. Enrico R. Valmores, Ph.D Secretary Education 34,560.00 50% 17,280.00

3. Atty. Cristina Teresa M. Ociones Treasurer Professional 34,560.00 50% 17,280.00

4. Atty. Isacio A. Pelaez PIO Business 34,560.00 50% 17,280.00

5. Theodore D. Tagarda Member Civic 34,560.00 50% 17,280.00

Total PBI for All Eligible 89,856.00

The documents submitted was reviewed and evaluated by LWUA. They found

out that the BWD complied all the conditions and documentary requirements. Therefore, the BWD is hereby ATHORIZED to the grant of 2016 to eligible Board of

Directors.

2016 Performance Based Bonus

As per letter from LWUA dated June 08, 2017, the Balingasag Water District is

thereby authorized to grant 2016 Performance Based Bonus (PBB) to its Officers and Employees.

The Balingasag Water District has complied with the said conditions and documentary requirements of the DBM-LWUA Joint Memorandum Circular No. 2016-01 dated May 12, 2016 as validated by AO25 TWG LWUA and concurred by DBM.

The Balingasag Water District shall source the Performance Based Bonus from

its corporate funds approved in the 2017 budget. The following employees with their corresponding PBB amount are the following:

Permanent PBB Amount

Bacsin, Alberto Jr. 5,883.50

Belamia, Christopher S. 10,325.50

Bongcas, Jufe 10,325.50

Gorres, Cresencio Jr. 5,883.50

Macas, Jonathan 5,829.00

Maestre, Mercy 12,000.25

Pabingwit, Arnold 5,883.50

Patalinghug, Alexius 5,829.00

Ranido, Mario 5,883.50

Salvacion, Nelson 5,000.00

Salvane, Eric 5,995.00

Sumobay, Greggy 5,127.50

Ubalde, Renee Sann 32,550.75

Valmoria, Erlington 5,883.50

Verdadero, Albino 8,836.60

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Zaballero, Leizl Jane 6,703.35

Casual

Arong, Jay 5,000.00

Boter, Keneth 5,000.00

Dagno, Elmer D. 5,000.00

Japuz, Jumbo 5,000.00

Mayuman, Ryan A. 2,500.00

Obsioma, Danilo 5,000.00

Palarca, Alnor S. 5,000.00

Pamisa, Jun Mark 5,000.00

Relador, Jan Michael 5,449.85

Sacupayo, Evelyn Jean 5,449.85

Villadores, Franklin 5,000.00

Total

191,339.65

Family Day

Family Day reminds us to focus our thoughts and time to those closest to us—

the members of our own families. Throughout our busy lives filled with working, it is easy to allow ourselves to lose sight of what should always be most important—our

children, parents, spouses, siblings and other loved ones. Family Day gives us an opportunity to reconnect with our families, to re-energize and share some quality

time together. The BWD Management conducted “FAMILY DAY” last November 30, 2017, at

Escanilla Beach Resort, Man-iso Cogon Balingasag Misamis Oriental. The employees brought their family members for the activity. The Board of Directors was also

present with their loved ones.

There were different activities where the participation of the employees and family members are required. A cash reward was given to the winning team/group.

After various activities, the BWD Personnel with their loved ones joined the lunch prepared by the management.

Work immersion of Grade 12 Students

GRADE 12 Senior High School Students have started their work immersion related to their selected academic track or their selected vocational course. The

immersion trains students and strengthen their skill or expertise for their work in the future. It is part of the K-12 program which prepares students to work in companies.

This program is an 80-hour hands-on encounter which Senior High students must experience to open them to the genuine working environment setting and

improve their abilities learned in school.

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The Balingasag Water District was among the chosen agency of the academic

institutions in the municipality. The BWD accommodated all the Senior High students. Only three to four students were required to report daily considering the

limited space of BWD. The total numbers of OJT students are as follows:

Misamis OrientaL Institute of Science & Technology 8

St. Peter's College 12

St. Rita's College 9

The students were assigned to different sections of the agency. The acting

section head serves as their mentor and at the same time their evaluator.

Christmas Raffle Promo 2017

The Balingasag Water District has been organizing Promos for several years to continue motivating the public for water service connections.

This year, as one of the highlights for the Christmas Season, the

Balingasag Water District once again give privilege to all its concessionaires

and encourage more applicants by having a Christmas Raffle Promo 2017.

The Christmas Raffle Promo includes the following mechanics:

Concessionaire’s account must have no balances as of December 21,

2017 BWD’s Board of Directors and employees are disqualified to participate One qualified account corresponds to one raffle ticket

Deadline for the raffle ticket will be on December 21, 2017, 5:00 pm Raffle draw will be on December 22, 2017, 9:00 a.m. at the Balingasag

Water District Office

The prizes given away were eleven (11) sacks of rice and eleven (11) packs of

grocery items worth P 1,000.00. One sack of rice and one pack of grocery item will

be given per zone (zone 1-10). The total estimated cost for the prizes is Thirty

Thousand Pesos (P 39,750.00).

The lucky winners are as follows:

WINNERS OF ONE (1) SACK RICE

Zone Ticket No. Account Name Account No.

1 17-0451 Echeveria, Rolando 1-133

2 17-0276 Khu, Edmundo-A 2-630

3 17-0256 Talibong, Arnulfa-A 3-026

4 17-0378 Bedro, Victoria-A 4-381

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5 17-0192 Borres, Bebiano Sr.-G c/o Matus 5-173

6 17-0228 Satur, Bertoldo 6-021

7 17-1328 Examinada, Henry-B 7-988

72 17-0713 Baliwagan Central ES-C 72-325

8 17-0982 Talon, Romana 8-132

9 17-1124 Aranes, Mervin 9-251

10 17-1336 Mendez, Romeo 10-058

WINNERS OF ONE (1) PACK GROCERY ITEMS WORTH P1,000.00

Zone Ticket No. Account Name Account No.

1 17-007 Felisilda, Filomena c/o Noel 1-307

2 17-0926 Servado, Marichu-B 2-689

3 17-0660 Secured Savings Bank 3-137

4 17-0088 Husalan, Ramon Eyas 4-048

5 17-0527 Duay, Annie 5-0527

6 17-550 Balagosa, Francisco c/o Timbal 6-372

7 17-477 Viscara, Felicitacion 7-129

72 17-1167 Catalbas, Margie 72-570

8 17-899 Emano, Lorna 8-385

9 17-1331 Quilnat, Francis Edwin -B 9-542

10 17-1275 Lig-ang, Gerry 10-151

The lucky winner can claim their prize by presenting their claim stub and present two valid identification cards (photocopy and original). This promo was

approved pursuant to BWD BOD Resolution No. 67 dated October 24, 2017.

Mandatory Drug Test to BWD Employees

The Civil Service Commission (CSC) issued Memorandum Circular No. 13 s. 2017 on the Guidelines in the Mandatory Random Drug Test for Public Officials and Employees and for other purposes.

The CSC Guidelines aim to ensure that government agencies remain drug-

free by subjecting public officials and employees to a random mandatory drug test, as a continuous employment.

In support to the Memorandum, the Balingasag Water District (BWD)

management required its employees to undergo drug test to ensure the government

and public of effective and efficient service free from the hazards of drug use in the workplace. The said drug test was conducted by KCLM Medical Diagnostic Center, A.

Velez Street, Cagayan de Oro City at the BWD Office last October 18, 2017.

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A total of twenty eight (28) permanent and casual employees had undergone the drug testing.

No. Employee Drug Test Result

1 Arong, Jay Negative

2 Bacsin, Alberto Jr. Negative

3 Belamia, Christopher Negative

4 Bongcas, Jufe C. Negative

5 Boter, Keneth R. Negative

6 Dagno, Elmer Negative

7 Gorres, Cresencio Jr. Negative

8 Japuz, Jumbo Negative

9 Macas, Jonathan Negative

10 Maestre, Mercy Negative

11 Mayuman, Ryan A. Negative

12 Obsioma, Danilo Negative

13 Pabingwit, Arnold L. Negative

14 Palarca, Alnor Negative

15 Pamisa, Jun Mark Negative

16 Patalinghug, Alexius R. Negative

17 Ranido, Mario Negative

18 Relador, Jan Michael Negative

19 Sacupayo, Evelyn Jean Negative

20 Salvacion, Nelson Negative

21 Salvane, Eric R. Negative

22 Sumobay, Greggy F. Negative

23 Ubalde, Renee Sann R. Negative

24 Valmoria, Erlington Negative

25 Verdadero, Albino S. Negative

26 Villadores, Franklin C. Negative

27 Villones, Girlie Joy Negative

28 Zaballero, Leizl Jane J. Negative

WORLD WATER DAY

The Balingasag Water District joins the nation and the world in the observance of the World Water Day 2018.

The World Water Day is held on 22nd of March every year. This year’s theme

is “Water and Waste Water”. Local water districts are encouraged to set up their

own activities as part of the celebration.

The BWD management conducted the clean-up drive at the BWD source, San Jose Spring, brgy. Blanco. All the BWD Personnel participated the activity. Cleaning

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of the surrounding, collecting garbage and waste matters in the source was conducted by the BWD personnel. The garbage was properly segregated-

biodegradable and non-biodegradable. A tarp/signage was also installed at the water source reminding the constituents to maintain the cleanliness of the surrounding to

ensure that the water source is clean and safe for drinking.

The BWD also posted the streamer/banner in the conspicuous place in the agency premises throughout the month of March for the awareness of the public and concessionaires on the World Water day Celebration.

WOMEN’S MONTH CELEBRATION

In his first State of the Nation Address (SONA), President Rodrigo Roa Duterte directed “all agencies, oversight bodies and local government units down to the

barangay level to fully implement the Magna Carta of Women." This is to ensure that man and woman will be partners in the pursuit of the country’s economic, social, cultural and political developments. This pursuit of development under the new

administration is also anchored on the commitment of “Malasakit at Pagbabago” or True Compassion and Real Change. Thus, the first National Women’s Month

Celebration under the new leadership will focus on these key foundations: partnership for change and full implementation of the Magna Carta of Women

(Republic Act 9710), captured through the theme: "WE Make Change Work for Women."

ASEAN 2017 Philippine Hosting

The Philippines hosted the 2017 ASEAN Summit. In view of this, the Civil

Service Commission encouraged the public officials and employees to actively take part in raising the public’s awareness of ASEAN and support the different activities throughout the year.

The Commission issued MC No. 7 s. 2017 reminding the Heads of Offices to take information campaign on ASEAN, not just of their respective officials and employees,

but also of their stakeholders, including their clients and general public. Among these are the following:

1. Posting of ASEAN Streamers/banners in conspicuous places in the agency premises,

2. Playing of the theme song “ASEAN Spirit” during agency events,

3. Wearing of the national attire of any ASEAN Member during the flag raising ceremony,

4. Conduct of appropriate activity to commemorate the 50th founding anniversary of ASEAN.

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BWD Employees Joins Bloodletting Program of CSC

The Civil Service Commission is celebrating its 117th Anniversary of the Philippine Civil Service for CY 2017 with the theme “Tungo sa Hamon ng Pagbabago:

Malasakit ng Lingod Bayan”.

There are lined up activities for their anniversary. One of these is the Bloodletting program last September 18, 2017 at Ayala Centrio Mall, Cagayan de Oro City.

On August 22, 2017, the CSC Regional Office 10 through Dir. Adams D.

Torres sent a letter to GM Renee Sann R. Ubalde requesting the BWD Management to send at least ten (10) employees to donate blood.

In this connection, the BWD Management sent only six (6) employees to support their bloodletting program. The employees are as follows:

1. ABUCEJO, Michael Rey

2. BOTER, Keneth R. 3. GORRES, Cresencio Jr. I. 4. RELADOR, Jan Michael Vincent B.

5. VALMORIA, Erlington Sr. Z 6. VILLADORES, Franklin C.

Year-end Evaluation

The Year-end Evaluation activity was held last December 21, 2017, 5:00 p.m

at Lianem Inn and Resort, Waterfall Balingasag Misamis Oriental. There was a short program. Atty. Erwin B. Bucio and Hon, Alvin G. Suazo was among the invited

guests.

Each department - Admin & Commercial, Finance and Operations/Technical presented their dance numbers. The On-the-Job (OJT) trainees also had their surprise number. The Board of Directors served as judges for the best dance

presenter. After the tabulation of points, the Admin/Commercial came as first placer, Finance Services Section as 2nd placer and the Operations/Technical as 3rd placer. A

cash reward was awarded to the winners.

A certification was awarded to the Board of Directors for their unwavering support as policy makers of the Balingasag Water District. The BWD management also presented a certificate to Atty. Erwin B. Bucio for being the legal counsel since

June 2015 and Atty. Alvin G. Suazo for being the guest speaker during the event.

After dinner, giving of Christmas gifts followed. Give away were also distributed to the employees’ children who attended the activity. There were also parlor games that was participated by the children. The party ended at 12:00

midnight.

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CURRENT OPERATIONAL

A. For this period, the BWD has generated 27 Million as Revenue earned from

Income From Water Works System that includes Registration Fee, Water

consumption, Ten percent (10%) penalty billed to the concessionaires and other

miscellaneous Income from water services

B. Operating expenditures amounted to 21.45 Million covering personal services,

Maintenance and other expenses as well as financial expenses and Franchise Tax.

C. Thus, Net Income for the year is 5.55 Million resulting to a positive Retained

Earnings of P18.63 Million as of December 31, 2017.

D. Total Cash Receipts is 27.29 Million while the Total Cash Disbursements is

23.92 Million resulting to a net cash receipts amounting to 3.36 million that adds

to the savings of the Balingasag Water District.

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E. Other Expenditures were mandatory obligations such as remittances for

Government Service Insurance System (GSIS), PHILHEALTH, Pag-big, Bureau of

Internal Revenue (BIR) and etc.

F. Another major contribution for the accomplishments of the BWD is the different

Promotions given by the BWD to its concessionaires.

G. Acquisition of additional Assets

Other Disbursements for Capital Expenditures (CAPEX) for Property Plant and Equipment for

the BWD amounting to Three Million Four Hundred Forty Six Thousand Seven Hundred Sixty

Three Pesos & 46/100 (P 3,446,763.46)

Land 1,315,187.79

Water Supply Systems 1,916,486.46

Office Equipment 21,000.00

Information and Communication Technology Equipment

98,340.00

Other Machineries & Equipment 29,914.21

Furniture and Fixtures 16,128.00

Construction in Progress-Buildings and Other Structure

34,441.00

Construction in Progress-Furniture & Fixtures

15,266.00

3,446,763.46

This amount includes the costs for construction materials for water services installation and

the major rehabilitation projects due to road widening conducted by the Department of

Public Works and High Ways (DPWH) and also the installation of BWD Agency.

H. Others

For calendar year 2017 the BWD issued 923 Commercial checks for Check

Disbursements, and issued a total of 46,577 Official Receipts(OR).

Table below shows Performance Accomplishments of the Balingasag Water District for

calendar year 2017.

20

MFOs AND PERFORMANCE

INDICATORS (1)

FY 20167ACTUAL ACCOMPLISHMENT (2)

FY 2017 TARGET

(3)

RESPONSIBLE OFFICE/UNIT

(4)

FY 2017 ACTUAL

ACCOMPLISHMENT

(5)

ACCOMPLISHMENT RATE

(6) REMARKS

(7)

General Administration and Support Services (GASS)

2017 Budget:

PI 1

Financial viability &

sustainability of LWD

operations (Collection

Ratio, Operating

Ratio, Current Ratio)

Collection Ratio

86%

86%

Finance Services Section

89% 103%

Collections P23,988,103.28;Billings P24,588,865.99;AR Beg P2,379,445.09 FORMULA: Collection / (Billing + A/R Beg)

CASH RECEIPTS AGAINST DISBURSEMENTS CY 2017

21

Trend Analysis/Ratio Monthly Performance Base Month: January

-

500

1,000

1,500

2,000

2,500

3,000

1 2 3 4 5 6 7 8 9 10 11 12

Th

ou

sa

nd

s

Month

Receipts vs.Disbursements 2017

RECEIPTS DISBURSEMENTS

MONTH RECEIPTS DISBURSEMENTS Net Receipts

(Disbursements)

Jan 2,366,291.52 1,643,421.39 722,870.13

Feb 2,246,902.56 1,816,786.39 430,116.17

Mar 2,207,146.79 1,689,649.00 517,497.79

Apr 2,257,114.89 1,934,061.67 323,053.22

May 2,188,859.53 2,237,426.00 (48,566.47)

Jun 2,236,194.81 1,990,997.71 245,197.10

Jul 2,361,799.48 1,751,716.21 610,083.27

Aug 2,275,111.18 2,101,074.00 174,037.18

Sep 2,203,353.94 1,722,966.50 480,387.44

Oct 2,423,268.12 2,812,382.77 (389,114.65)

Nov 2,292,297.97 2,355,587.50 (63,289.53)

Dec 2,232,394.10 2,284,986.06 (52,591.96)

Total 27,271,015.64 24,341,055.20 2,949,679.69

Net Receipts 2,929,960.44

22

For calendar year 2017 the District earned an additional savings out from the

collections totaling to P2,929,960.44

COMPARATIVE BILLING DATA

CY 2016 AND 2017

MONTH 2017 2016 Variance

Jan 2,169,736.80 1,881,656.22 288,080.58

Feb 2,214,011.64 1,959,747.44 254,264.20

Mar 1,928,274.34 1,869,131.11 59,143.23

Apr 2,147,309.49 2,156,010.70 (8,701.21)

May 2,100,297.56 2,161,371.88 (61,074.32)

-

500

1,000

1,500

2,000

2,500

3,000

0 1 2 3 4 5 6 7 8 9 10 11 12 13

Th

ou

sa

nd

s

Month RECEIPTS DISBURSEMENTS

1 2 3 4 5 6 7 8 9 10 11 12

2016

2015

MONTH RECEIPTS DISBURSEMENTS

Jan 1.00 1.00

Feb 0.95 1.11

Mar 0.93 1.03

Apr 0.95 1.18

May 0.93 1.36

Jun 0.95 1.21

Jul 1.00 1.07

Aug 0.96 1.28

Sep 0.93 1.05

Oct 1.02 1.71

Nov 0.97 1.43

Dec 0.94 1.39

23

Jun 2,181,748.06 2,313,057.13 (131,309.07)

Jul 2,137,247.27 2,005,374.06 131,873.21

Aug 2,213,530.60 2,152,019.16 61,511.44

Sep 2,211,851.32 2,060,815.72 151,035.60

Oct 2,128,251.48 2,013,777.67 114,473.81

Nov 2,198,690.56 2,047,342.17 151,348.39

Dec 2,146,622.84 2,074,476.72 72,146.12

TOTAL 25,777,571.96 24,694,779.98 1,082,791.98

COMPARATIVE COLLECTION DATA

CY 2016 AND 2017

MONTH 2017 2016 Variance

Jan 2,115,053.19 1,829,801.91 285,251.28

Feb 1,996,172.42 1,772,200.00 223,972.42

Mar 1,999,502.31 1,852,545.97 146,956.34

Apr 2,068,943.58 1,992,950.57 75,993.01

May 1,980,099.81 2,226,156.18 (246,056.37)

Jun 2,011,614.23 1,924,533.45 87,080.78

Jul 2,169,636.23 2,232,440.39 (62,804.16)

Aug 2,051,666.40 1,779,421.23 272,245.17

Sep 2,010,111.41 2,067,347.66 (57,236.25)

Oct 2,205,418.79 1,918,622.27 286,796.52

Nov 2,091,728.24 1,871,840.89 219,887.35

Dec 1,988,724.60 1,881,913.53 106,811.07

1 2 3 4 5 6 7 8 9 10 11 12

2016 2015

24

24,688,671.21 23,349,774.05 1,338,897.16

Billing increases from P24,694,779.98 to P25,777,571.96 in the year 2017 resulting

to an additional gross profit of P1,082,791.98 thus collections also increases to

P1,338,897.16.

REVENUES AGAINST EXPENSES CY 2017

MONTH REVENUES EXPENSES Income (Loss)

Jan 2,327,011.80 1,294,826.65 1,032,185.15

Feb 2,348,620.14 1,600,898.54 747,721.60

Mar 2,027,286.78 1,593,830.65 433,456.13

Apr 2,248,625.97 1,627,938.02 620,687.95

May 2,157,455.76 2,151,823.19 5,632.57

Jun 2,297,999.12 1,612,868.17 685,130.95

Jul 2,228,165.45 1,583,517.25 644,648.20

Aug 2,334,150.84 1,847,137.83 487,013.01

Sep 2,303,146.40 1,589,511.58 713,634.82

Oct 2,230,461.67 1,671,042.15 559,419.52

Nov 2,283,705.42 2,236,413.12 47,292.30

Dec 2,217,526.04 2,642,501.72 (424,975.68)

Total 27,004,155.39 21,452,308.87 5,551,846.52

-

200

400

600

800

1,000

1,200

1,400

1,600

1 2 3 4 5 6 7 8 9 10 11 12

Th

ou

sa

nd

s

Month

Revenues vs. Expenses 2017

Revenue Expense

25

Net Income 5,551,846.52

Trend Analysis/Ratio

Monthly Performance

Base Month: January

For Calendar Year 2017, Gross Revenue amounting to P27,004,155.39 less Total

Expenses of P21,452,308.87 resulting to a Net Income of P5,551,846.

Technical Overview A.Water Source Data 1. SAN JOSE PUMPING STATION

Location :

MUSI MUSI BLANCO,BALINGASAG MISAMIS ORIENTAL

-

200

400

600

800

1,000

1,200

1,400

1,600

1 2 3 4 5 6 7 8 9 10 11 12

Th

ou

sa

nd

s

Month

Revenues vs. Expenses 2017

Revenue Expense

MONTH REVENUES EXPENSES

Jan 1.00 1.00

Feb 1.01 1.24

Mar 0.87 1.23

Apr 0.97 1.26

May 0.93 1.66

Jun 0.99 1.25

Jul 0.96 1.22

Aug 1.00 1.43

Sep 0.99 1.23

Oct 0.96 1.29

Nov 0.98 1.73

Dec 0.94 2.04

26

Elevation

Maximum Flow(LWUA Estimated

10 meters

81 Liters Per Second

Pumping Flow Capacity 75 Liters Per Second

Available Flow 6 Liters Per Second

2.Napaliran Deep Well # 1

Location :

NAPALIRAN BALINGASAG MISAMIS ORIENTAL

Elevation

Maximum Flow(Estimated)

40 meters

10 Liters Per Second

Pumping Flow Capacity 3 Liters Per Second

Available Flow 7 Liters Per Second

B.Service Area Serve Area:

1 Baliwagan 10 Barangay 1 (pob.)

2 Binitinan 11 Barangay 2 (pob.)

3 Blanco 12 Barangay 3 (pob.)

4 Cogon 13 Barangay 4 (pob.) 5 Dumarait 14 Barangay 5 (pob.)

6 Hermano 15 Barangay 6 (pob.)

7 Linggangao 16 Talusan

8 Mandangoa 17 Waterfall

9 Napaliran 18 San Isidro(proposed) Un-serve Areas

27

1 Balagnan 10 San Francisco

2 Calawag 11 San Juan

3 Camuayan 4 Dansuli 5 Kibanban 6 Linabu 7 Quezon 8 Rosario 9 Samay

C. Pump , and Storage Data

San Jose Pumping Station

1. Pump – 2 units at 25 hp each, and 1 unit 40 hp

2. Capacity -15 LPS @ 25 hp, and 30 LPS @ 40 hp

3. Total Pumping -60 LPS

4. TDH– 70 meters

5. Type – End Suction Horizontal Centrifugal Pump

6. Back up – Perkins Generator Set 50 KVA & 150 KVA Cummins

Generator

7. Transmission Pipeline -200 mmᴓ Cement Line Cement Coated(CLCC)

8. Total Length -300 meters

Napaliran Deep Well # 1

1. Pump-1 unit Submersible Pump 3 hp

2. Capacity-Three Litres per Second (3 LPS)

Reservoir

1. Make-Reinforced Concrete Ground Reservoir

2. Capacity – 550 m3 of water

3. Elevation – 61 meters

4. Main Pipeline – 250 mm Ɵ UPVC

28

Volume of water sold over System loss

0.00

10000.00

20000.00

30000.00

40000.00

50000.00

60000.00

70000.00

80000.00

90000.00

NRW

Revenue

0

50,000

100,000

150,000

200,000

250,000

300,000

350,000

400,000

Powerconsumption

Power cost

29

Graph shows that the Average Power consumption for the year 2016 was

331,352 kw-hr and Power Cost of Php.294,216.63 with an average rate of Php.10.65 per kilowatt-

hour.

Upgrading the main pipes from 1”ø PE Pipes to 2” ø PE Pipes and Clustering of 30 water

meter to reduce the NRW of the BWD.The Approved Budget for the Contract (ABC) is

amounting to Eighty Three Thousand Six Hundred Seventy Seven and 40/100 centavos

(Php83, 677.40).The actual cost has reach to Eighty Three Thousand Six Hundred Forty

Nine and 47/100 centavos with a surplus or saving amounting Twenty Seven Pesos and

94/100 centavos. The upgrading will increase the water supply to the area which experiencing

lately the siphoning of water meter due to low pressure. The project was initiated last April

21, 2017 and completed on August 25, 2017.

This is a joint project of Balingasag Water District(BWD) and Local Government Unit of

Balingasag(LGU).This project is intended to supply the Balingasag Bus Terminal Stalls and

Gaisano Mall of Balingasag.The counterpart of the BWD is labor component while the LGU

is for the materials.The Approved Budget for the Contract amounting to Forty Six

Month Power Cost (Pesos) Power Consumption

(kwhr)

January 242,244.90 24,010

February 262,260.23 24,800

March 262,652.29 26,442

April 300,951.93 25,800

May 287,932.38 25,030

June 322,618.66 35,930

July 283,915.76 27,140

August 322,176.98 30,320

September 322,176.98 30,320

October 313,877.91 30,150

November 337,419.20 26,830

December 272,372.29 24,580

30

Thousand Pesos (Php 46,000.00).The Actual Cost of the Project has costed to Forty Two

and 40/100 Pesos (Php42,040.00) with a surplus amounting to Three Thousand Nine

Hundred Sixty Pesos Only(Php3,960.00).The Project has initiated last January 30,2017 and

was been completed last April 10,2017.

Due to ongoing construction of upstream side of Musi musi Bridge National Highway the

project was intiated to relocate the temporary placement of pipe using uPVC Pipe at upstream

side. The Approved budget of the Contract is amounting to One Hundred Sixty One

Thousand Eight Hundred Ten Pesos (Php 161,810.00).The Actual cost of the

implementation of the Project has reach to One Hundred Six Thousand Seven Hundred

One Pesos and 80/100 centavos with surplus of Fifty Five Thousand One Hundred Eight

and 2/100 centavos (Php 55,108.20).The project is the permanent mounting of steel pipe at

Musi musi Bridge National Highway. The Project was initiated Last August 21,2017 and

was completed last August 14,2017.

D.Pipeline Extension for Waterfall Elementary School

The project was initiated to assist the water needs of Waterfall Elementary School. It was

implemented through the request of the School to prevent the spread of Bacteria from leaking

pipes. The Project initiated last August 18, 2017 and was completed last August 31, 2017

with Approved Budget of the Contract (ABC) amounting to Sixty Four Thousand One

Hundred Thirty Six and 40/100 centavos(Php 64,136.40). The Actual Project Cost is

Forty Five Thousand Nine Hundred Twenty Nine and 10/100 centavos (Php 45,929.10)

with a surplus amounting to Eighteen Thousand Two Hundred Seven and 3/100 centavos

(Php 18,207.30).

E.RESIZING OF DISCHARGE PIPE AND PUMP FROM 25 HP TO 40 HP AT SAN

JOSE PUMPING STATION MUSI MUSI BLANCO

31

Due to growing demand of concessionaire, it was initiated by BWD to replace a 25

Horsepower (HP) pump with 15 LPS discharge to 40 Horsepower (HP) with 30 LPS

discharge. The Project was initiated Last April 21, 2017 it was completed last August 14,

2017. The Approved Budget for the Contract (ABC) is amounting to One Hundred Sixty

Eight Hundred Ten Pesos (Php 161,810.00).The actual cost of the project has reach to One

Hundred Six Thousand Seven Hundred One Pesos and 80/100 centavos (Php

106,701.80).The Projected water flow will reach 60 LPS.

F.PIPELINE EXTENSION FOR ACDAL BUILDING AT LINGGANGAO HIGHWAY

BALINGASAG MISAMIS ORIENTAL

The Project is for the supply of commercial building located in front of Basoy Petron. The

project will help increase the number of concessionaire projected to serve 30 commercial

complex .The Approved Budget of the contract is Sixty thousand Five Hundred Twenty Two

Pesos Only (Php 60,522.00).The project has started last February 15, 2017 and was

completed last March 15, 2017.The actual cost of the project is Forty Five Thousand Six

Hundred Fifty Pesos Only (Php 45,657.00) with a surplus or savings Fourteen Thousand

Eight Hundred Sixty Five Pesos.

F. WATER METER CLUSTERING FOR SERVICE CONNECTION INFRONT TOLENTINO

VALIAN APARMENT BRGY.6

The project was initiated to supply a newly constructed building of Mr.Valian Tolentino.The water

meter clustering project reduces the NRW of Balingasag Water District and helps maintain the water

requirements of the commercial concessionaire. The Approved Budget of the contract is amounting to

Forty Four thousand Five Hundred Twenty Eight Pesos Only (Php 44,528.00.The project actual cost is

Twenty Two Thousand Three Hundred Pesos and 72/100 centavos (Php 22,300.72) with a saving

amounting to Twenty Two Thousand Two Hundred Twenty Seven and 28/100 centavos.

A. The Water District and its Physical

Systems Facilities

32

I. HISTORICAL BACKGROUND

The Balingasag Water District was formed and organized by the Local Government Unit of Balingasag, Misamis Oriental pursuant to its Resolution

No. 17 Series of 1990 and finally endorsed through Resolution No. 90 Series of 1997 which was duly approved by Local Water Utilities Administration

(LWUA), through the issuance of Certificate of Conditional Conformance, No. 501. The loan application of the District, after completion of the required documents was finally approved, and on December 11, 2000, a Financial

Assistance Contract, under Loan Account No. 4-1917, was executed by the Balingasag Water District and the Local Water Utilities Administration

(LWUA) in the amount of TWENTY-FIVE MILLION NINE HUNDRED FOURTEEN THOUSAND PESOS (P 25.914 M) including capitalized interest.

As of December 31, 2017, there were forty (40) employees of the

Balingasag Water District, comprising sixteen (16) permanent, twelve (12)

Casual, eleven (11) Job Orders and one (1) Contractual. Headed by the General Manager, Renee Sann R. Ubalde the successor of GM Rolando A.

Bacsin. There are five members of the Board of Directors; Beverly S. Vega as Chairman, Theodore D. Tagarada as Vice-Chair, Figurito A. Miso Sr. as

Secretary, Atty. Cristina Teresa M. Ociones as Treasurer and Enrico R. Valmores,Ph.D, P.I.O.

II. EXISTING SYSTEM FACILITIES

A. SAN JOSE SPRING PUMPING STATION

It is located at Musi musi Blanco,Balingasag Misamis Oriental.It has a capacity of 81 liters/second with three(3)Horizontal pumps operating

alternately. It is serving 3,977 (Three Thousand Nine Hundred Seventy Seven) household of the municipal of Balingasag.

Equipment Data:

Capacity

(HP) Description

#of Hours

Operating

Flow

(lps)

Quantity

(units)

40 EBSRAY

HORIZONTAL

PUMP 22 30 1

25 Caprari

HorizontalPump 12/unit 15 2

B. Reservoir

33

It is located at Upper Musi musi with 61 meters elevation, 550 cubic meter (m³) volume. It is a Concrete ground reservoir with 150mmØ CLCC

Pipe suction and 250mmØ CLCC Pipe.

C. Power House#1

It is located near the San Jose Pumping Station serves as standby unit in case MORESCO powers fail. The capacity of its standby unit is 50

(Fifty) KVA capable of driving the 25(TwentyFive) horse power (hp) operating alternately.

D. Power House

It is located near the Municipal road serve as main standby unit in

case MORESCO powers fail. The capacity of its standby unit is 150 KVA (One Hundred Fifty) capable of driving the 3 units simultaneously.

E. Napaliran Deep Well Pumping Station

It is located at Brgy.Napaliran Park, its capacity is 5 Horsepower (HP), 3 liters/second (lps) flow .It serve 200 concessionaire from

Brgy.Napairan,Mambayaan and Brgy.Mandangoa.

B. CURRENT OPERATIONAL/FINANCIAL

HIGHLIGHTS

The following are the schedule of approved water rates of the Balingasag Water District per LWUA Board of Trustees Resolution No. 117 s.

2007 dates August 28, 2007;

Classification Size Minimum

Charge

Commodity Charges

11 to 20 21 to 30 31 to

40 41 Up

Residential/ 1/2" 213.00 30.65 40.60 51.25 56.85

Government 3/4" 340.80 30.65 40.60 51.25 56.85

1" 681.60 30.65 40.60 51.25 56.85

1 1/2" 1,704.00 30.65 40.60 51.25 56.85

2" 4,260.00 30.65 40.60 51.25 56.85

3" 7,668.00 30.65 40.60 51.25 56.85

4" 15,336.00 30.65 40.60 51.25 56.85

Commercial/ 1/2" 426.00 61.30 81.20 102.50 113.70

Industrial 3/4" 681.60 61.30 81.20 102.50 113.70

34

1" 1,363.20 61.30 81.20 102.50 113.70

1 1/2" 3,408.00 61.30 81.20 102.50 113.70

2" 8,520.00 61.30 81.20 102.50 113.70

3" 15,336.00 61.30 81.20 102.50 113.70

4" 30,672.00 61.30 81.20 102.50 113.70

Commercial-A 1/2" 372.75 53.60 71.05 89.65 99.49

3/4" 596.40 53.60 71.05 89.65 99.49

1" 1,192.80 53.60 71.05 89.65 99.49

1 1/2" 2,982.00 53.60 71.05 89.65 99.49

2" 7,455.00 53.60 71.05 89.65 99.49

3" 13,419.00 53.60 71.05 89.65 99.49

4" 26,838.00 53.60 71.05 89.65 99.49

Commercial-B 1/2" 319.50 45.95 60.90 76.85 85.28

3/4" 511.20 45.95 60.90 76.85 85.28

1" 1,022.40 45.95 60.90 76.85 85.28

1 1/2" 2,556.00 45.95 60.90 76.85 85.28

2" 6,390.00 45.95 60.90 76.85 85.28

3" 11,502.00 45.95 60.90 76.85 85.28

4" 23,004.00 45.95 60.90 76.85 85.28

2017 Operational and Financial Highlights

A comparative financial condition and results of operations for CY 2017 and 2015 is presented below Increase

_ 2017 2016 (Decrease) Percentage Financial Condition

Results of Operations

INCOME 27,004,155.39 25,925,586.29 1,078,569.10 4%

Expenses 21,452,308.89 20,153,046.86 1,299,262.03 6%

Net income (loss) after tax 5,551,846.50 5,772,539.43 -220,692.93 -4%

The Balingasag Water District’s operational waterworks by way of various programs and

improvements implemented, posted revenue this year of 27million which is higher by 4% from the

past year’s revenue of 25.9 million. Although total expenses for this year of 21.4 million is higher by 6% from the past year’s expenses of 20.1 million, however, in totality, this year’s 5.5 net income showing a decrease of 4% compared to the net income of 5.7 Million a year ago.

The District is operating profitably and maintains a good financial position, indicating its capability to recover the cost invested to the system operation. As of December 31, 2017, it has 4,171 active service connections and serves an estimated population of 25,332 as of December 31,

2017.

TOTAL ASSETS 42,422,102.19 37,900,539.08 4,521,563.11 12%

LIABILITIES 19,649,769.40 18,731,067.36 918,702.04 5%

Government EQUITY 22,772,332.79 19,169,471.72 3,602,861.07 19%

35

COMPARATIVE GRAPH FROM THE YEAR 2003 TO 2017

A. Cash Receipts and Disbursements

The graph (Figure 1, shown below) is the comparative data from 2003 to 2017 of

Cash Receipts and Disbursements of the Balingasag Water District. The Cash Receipts bar

has been steadily increasing from 2003 onwards until 2017 when it reached its peak. This

year, the Cash Collection effort was at its highest.

Comparative Cash Receipts and Disbursements

For the Year 2003-2017

Graph # 1

Cash Receipts Disbursements Net Receipts (Used)

2003 2,922,786.94 3,203,163.86 (280,376.92)

2004 5,495,736.20 5,529,313.22 (33,577.02)

2005 5,927,998.23 6,473,348.82 (545,350.59)

2006 6,727,817.22 6,693,349.96 34,467.26

2007 8,181,070.75 7,992,647.93 188,422.82

2008 9,415,591.30 9,157,281.18 258,310.12

2009 11,091,737.10 10,181,912.66 909,824.44

2010 13,201,827.17 12,724,138.96 477,688.21

2011 14,389,580.94 13,912,528.67 477,052.27

2012 16,697,623.47 15,946,549.95 751,073.52

2013 18,138,291.80 17,609,153.94 529,137.86

2014 19,140,951.85 18,680,908.29 460,043.56

2015 22,945,423.50 19,855,041.80 3,090,381.70

2016 25,713,496.99 22,978,788.50 2,734,708.49

2017 27,271,015.64 24,341,055.20 2,949,679.69

0.00

5,000,000.00

10,000,000.00

15,000,000.00

20,000,000.00

25,000,000.00

30,000,000.00

2003 2004 2005 2006 2007 2008 2009 2010 2011 2012 2013 2014 2015 2016 2017

Cash Receipts Disbursements

36

B. REVENUE AND EXPENSES

The graph (Figure 2, shown below) is the comparative data from 2003 to

2017; Revenues and Expenses of the Balingasag Water District. The Revenue bar has been

steadily increasing from 2003 up to present it is simply means that the District is moving

forward. The continued efforts of the management and the Board of Directors to promote

and increase the number of concessionaires would assure that the BWD will increase its

Revenues.

Comparative Revenues and Expenses

For the Year 2003-2017

0

5000000

10000000

15000000

20000000

25000000

30000000

1 2 3 4 5 6 7 8 9 10 11 12 13 14 15

Year Revenues Expenses

Year Revenues Expenses Net Income(Loss)

2003 2,542,484.51 4,194,436.59 (1,651,952.08)

2004 4,592,780.37 3,710,326.91 882,453.46

2005 5,689,862.54 6,917,995.53 (1,228,132.99)

2006 6,674,478.44 7,737,779.01 (1,063,300.57)

2007 7,838,231.46 8,530,788.91 (692,557.45)

2008 9,352,570.70 9,326,094.46 26,476.24

2009 10,845,946.76 10,180,531.08 665,415.68

2010 13,066,143.30 12,243,067.94 823,075.36

2011 14,290,144.81 13,285,575.69 1,004,569.12

2012 15,977,143.81 14,284,303.13 1,692,840.68

2013 17,746,372.81 15,705,537.56 2,040,835.25

2014 18,820,691.31 17,907,255.88 913,435.43

2015 22,551,270.69 18,461,086.53 4,090,184.15

2016 25,925,586.29 20,153,046.86 5,772,539.43

2017 27,004,155.39 21,452,308.87 5,551,846.52

37

This report is intended to serve as a status report on the activities being undertaken by

the Balingasag Water District and not to measure the overall accomplishment toward

achieving the BWD goals, thus based on the Financial Reports, graphs, illustrations and

some other factors discussed, we can certainly say that the Operation of Balingasag Water

District is excellent in the year 2017. And this was made possible through the help of God

and the support of the BWD Board of Directors, Management and the continued patronage

of the people of Balingasag.