Commission on Audit

Western Visayas Region VI - LGS B Antique

Summary of Loans of Sebaste
For the year Ended December 31, 2022

AMORTIZATION AMOUNT PER

OUTSTANDING
NAME OF LGU BANK/LENDING INSTITUTION PURPOSE OF LOAN TOTAL AMOUNT FINANCIAL DIFFERENCE
PRINCIPAL INTEREST BALANCE
STATEMENT

SEBASTE Land Bank of the Philippines For expansion of Sebaste Waterworks to the Southern Barangays 790,533.58 287,466.84 58,090.92 503,066.74 503,066.74 0.00
Land Bank of the Philippines Development of new source of Sebaste Waterworks 622,786.99 226,467.96 49,872.83 396,319.03 396,319.03 0.00
Land Bank of the Philippines For expansion of Sebaste Waterworks 316,542.72 112,906.92 22,393.04 203,635.80 45,849.80
203,635.80

Land Bank of the Philippines For expansion of Sebaste Waterworks 1,191,666.78 433,333.32 108,826.04 758,333.46 758,333.46 0.00
Land Bank of the Philippines For expansion of Sebaste Waterworks 29,433.96 10,703.24 2,444.81 18,730.72 18,730.72 0.00
Land Bank of the Philippines For expansion of Sebaste Waterworks 2,044,925.42 743,609.28 186,747.78 1,301,316.14 1,301,316.14 0.00

TOTAL LOAN - SEBASTE 4,995,889.45 1,814,487.56 428,375.42 3,181,401.89 3,181,401.89 0.00

Loan Balance as of Dec. 31, 2022 Loan Balance as of Dec. 31, 2021
1,814,487.56 Current 4,950,039.65
1,321,064.53 Non-Current 45,849.80
3,135,552.09 4,995,889.45

Loan payments for CY2022

428,375.42 Interest
45,849.80 Principal
474,225.22
ANNEX C

EXPLANATION FOR
DIFFERENCE/REMARKS

Underrecording of loan amount. Discrepancy

subject to reconciliation. The balance
appears since the Municipal Accountant
assumed its office.