15/05/2026
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The Municipality of Cateel is proud to announce a landmark achievement in local governance. For the first time in our history, the Commission on Audit (COA) has officially rendered an UNQUALIFIED OPINION on the fairness of our financial statements!
This is the highest audit rating that can be given by the COA, serving as a powerful testament to our administrationβs commitment to transparency, accountability, and the prudent management of public funds.
π What is an "Unqualified Opinion"?
In the world of auditing, an Unqualified Opinion (also known as a "Clean Opinion") is the gold standard. It means that the government's financial records are presented fairly, in all material respects, and are in accordance with international accounting standards.
Essentially, it is an official "clean bill of health" for our municipality's finances. It signifies that there are no major discrepancies, errors, or omissions in how the people's money is recorded and spent.
Hon. Emilou "Miloy" NuΓ±ez shared that this recognition means our finances are clean, compliant, and beyond question.
This achievement is not just for the Local Government Unit; it is a victory for the entire municipality. It ensures that our resources are being used effectively to fund the programs, infrastructure, and services that you deserve.
We thank our dedicated finance team, department heads, and all employees for their hard work and integrity. Most importantly, we thank you, our constituents, for your continued trust as we build a more transparent and progressive Cateel.