COA postpones meeting to Jan. 12

CEBU City Hall did not get the exemption it was expecting from the Commission on Audit (COA)yesterday after the Commission Proper canceled its meeting scheduled yesterday afternoon.

The commission rescheduled the meeting to Jan. 12.

But even without the exemption, Vice Mayor Michael Rama said all Sinulog festivities and the Jan. 17 grand parade will push through because the festival is not dependent on COA.

He told reporters yesterday that they have already found a way to fund the cash prizes without extending financial aid to Sinulog Foundation Inc. (SFI). This way, he doesn’t have to resign as chairman of the foundation, Rama said.

The City Treasurer’s Office is now preparing documents for the cash advance of the P10 million needed for the cash prizes for the parade winners and the P2.5 million for the expenses for the grand parade finale. (more)

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