jb casino LWUA extends interim management setup for CDO’s water district
Updated:2024-12-01 04:11 Views:161
CAGAYAN DE ORO CITY – The Local Water Utilities Administration (LWUA) has extended by another six months the interim management running the financially distressed Cagayan de Oro Water District (COWD) here.
COWD interim general manager Fermin Jarales said the water regulator extended his services and that of five members of the interim board to allow a further cleanup of the financial mess uncovered by the Commission on Audit and an internal audit facilated by LWUA.
Article continues after this advertisementREAD: LWUA takes over Cagayan de Oro water district
FEATURED STORIES NEWSINFO Despite scrapped House hearing, VP Duterte still no-show at NBI NEWSINFO Marcos: VP Duterte unimportant; impeach rap waste of time NEWSINFO VP Sara Duterte amid political heat: ‘We will not break’Jarales and other COWD interim officials were installed by LWUA in May this year to resolve several issues that hampered the delivery of potable water supply to at least 100,000 households in the city.
It was in compliance of a directive by President Marcos to fix the problems besetting COWD.
Article continues after this advertisementJarales said the water utility had been bleeding from years of mismanagement, incompetence and gross neglect by its officials, resulting in the pileup of operational losses.
Article continues after this advertisementAt present, at least half of COWD’s water production are not billed, mainly due to wastage from leaks of aging pipes as well as pilferage.
Article continues after this advertisementAdd to this the poor collection efficiency as evidenced by dormant receivables of some P987 million, Jarales pointed out. He also lamented at a COA finding of 101 projects that were either unimplemented or unfinished despite the lapse of eight years, some of which could have addressed the problem of non-revenue water.
Interim board chair Antonio Ramirez said there is a need to address these issues to ensure sustained revenue generation for COWD.
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