Good Fiscal Governance

The Commission on Audit (COA) has rendered an Unqualified Opinion on the financial statements of the City of Ilagan, affirming that the city’s financial position, operations, and cash flows are presented fairly and in accordance with generally accepted government accounting standards.

This recognition is the highest audit rating that any local government unit can receive, reflecting the city’s commitment to transparency, accountability, and sound fiscal management. It is a testament to the effective leadership of Mayor Josemarie L. Diaz, whose dedication to good governance continues to strengthen public trust and ensure that government resources are utilized responsibly for the benefit of all Ilagueños.

Total Assets from 2012 to 2023 Available Data

Source: https://www.coa.gov.ph/reports/annual-audit-reports/aar-local-government-units/

“ In summary, Ilagan’s journey from being among the country’s poorest cities in 2012 to becoming one of the richest by assets in 2023 is a product of cityhood-driven fiscal expansion, local economic growth, responsible financial management, and continuous investments in infrastructure and social services — all realized through the strong leadership and vision of Mayor Josemarie L. Diaz.