^

Cebu News

CNU failed to collect P547T income

-

The Cebu Normal University was deprived of income estimated to reach P547,000 because the school administrators failed to accept lessors of the existing school canteen space and to collect share of income from the operation of a drinking water facility that was installed in the school’s premises.

The Commission on Audit said that the university could have earned P450,000 had it accepted any lessor for its canteen and another P97,200 that represents the 30 percent share of the school for the operations of the purified water dispensing machines.

It was learned that the state-owned university located along Osmeña Boulevard has a 347 square-meter canteen space that remains idle and unutilized since November 2006 after it was abandoned by the school’s cooperative.

The canteen was previously operated by the CSC Multi-Purpose Cooperative, which is now the CNU Cooperative, but it ceased to operate the canteen because its officials were not in favor of paying fixed monthly rental to the school.

Interviews conducted by the state auditors revealed that the school officials had not yet acted on the said idle canteen space because they have some other priorities to attend to.

COA also observed that there are two units of Automatic Tubig Machine that were installed outside the unused canteen since January 2007. The machines earn P1,100 everyday, and the school was supposed to get a share of 30 percent or P2,000 per week from their operation.

Another “ATM” was installed at the nursing department starting July 2007 that also earned almost P400 a day.

It was also learned that the school’s cooperative only paid P2,000 for the electricity consumption of the three ATM’s for 2007, and COA described it as not enough to cover the actual power consumption of the three water machines.

With this, COA recommended that the school administrator should accept lessors for the unused canteen space and to collect 30 per cent share of income from the water dispensing machines.

CNU president Esther Velasquez proposed to collect 50 per cent share of the overall income of the cooperative from their ATMs.

The school officials said they are planning to use part of the canteen space as faculty center and for possible occupancy of National Statistics Office as its processing center for certificates. – Rene U. Borromeo/WAB

AUTOMATIC TUBIG MACHINE

CANTEEN

ESTHER VELASQUEZ

MULTI-PURPOSE COOPERATIVE

NATIONAL STATISTICS OFFICE

RENE U

SCHOOL

  • Latest
  • Trending
Latest
Latest
abtest
Are you sure you want to log out?
X
Login

Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!

Get Updated:

Signup for the News Round now

FORGOT PASSWORD?
SIGN IN
or sign in with