Report on LGU Loans/Borrowings

May 21, 2012 BLGF MEMORANDUM TO : All Provincial/City/Municipal Treasurers and Others Concerned THRU : All BLGF Regional Directors SUBJECT : Report on LGU Loans/Borrowings In line with this Bureau's efforts of institutionalizing an updated database of LGU loans and borrowings for purposes of policy development, please submit a Report of LGU Loans/Borrowings of your respective province/city/municipality. Attached is a template for the purpose (Annex "A") to be submitted within five (5) days from receipt hereof thru the BLGF Regional Office. All BLGF Regional Directors are hereby directed to closely monitor the compliance of LGUs in the submission of said report and collate all reports for submission to the BLGF Central Office, thru the Local Government Loans Review Division (LOANS). Reports may also be e-mailed to: [emailprotected] . For strict compliance. (SGD.) SALVADOR M. DEL CASTILLO OIC-Executive Director ANNEX A Statement of Indebtedness, Payment and Balances POST BORROWING REPORT As of ______________________ Particulars Amount/Details 1 Name of Borrower 2 Monetary Board (MB) Resolution No. 3 Date of MB Opinion 4 Amount of Proposed Loan Php 5 Date of Approval of Loan 6 Maturity Date 7 Name of Facility (Creditor) 8 Actual Amount of Loan* Php 9 Purpose of Indebtedness 10 Availment to date* Php 11 Undrawn Balance Php (Line 8 - Line 10 = Line 11 12 Remaining Balance to date (Outstanding Loan after principal and interest payments) Php Final Terms and Conditions: 13 No. of Years of Indebtedness 14 Interest Rate (Actual) If floating, please indicate base and spread 15 Frequency of Payment 16 Grace Period Annual Amortization 17 Principal Php 18 Interest Php Cumulative Quarterly Payment During the Year 19 Starting date of payment 20 Principal Php 21 Interest Php Arrears (If Any) 22 Principal Php 23 Interest Php 24 National Government Guarantee 25 Major Debt Covenants 26 Collateral Guarantee/Security 27 Deposit to Bond Sinking Fund for the Year (if applicable) Php 28 Sinking Fund Balance to date, if any, (if applicable) Php 29 Breakdown of Fees and other related costs Php 30 Other relevant terms and conditions Certified Correct by: _________________ Treasurer Note: * Please indicate if on a staggered basis ** One Statement for each kind of loan shall be prepared