Thursday, January 27, 2011

KASAFI Renders Financial Report In 10 Days


Ten days after the January 10 – 16, 2011 Kalibo Sto. Niño Ati-Atihan Festival celebration, the Kalibo Sto. Niño Ati-Atihan Foundation, Inc. (KASAFI) came out with its financial report.

In a cocktail meeting & press conference held on Wednesday afternoon, Jan. 26 at the Capt. Mijares Memorial Bldg., the financial report was presented. Mr. Rufino C. Leyson, KASAFI treasurer discussed the three page report.

It consisted of income and expenses, breakdown of expenses, and accounts receivables. There is no account payable. The financial report was duly signed by Mr. Leyson, Mila R. Balleza – KASAFI Secretary, and Albert A. Meñez – KASAFI chairman.

According to Leyson, the books of account are open to any interested persons anytime he wishes to check.

Machine copies of the financial report were provided to all present in the meeting which shows a total income of P4,189,166.25 duly receipted in 283 receipts. However, the total expenses were P4,167,717.62, the breakdown of which is printed in a separate paper. The total income is P1,257,366.57. Should the accounts receivable of P583,000 is collected and added, the total income is P1,835,366.57.

These figures do not include the income from Magsaysay Park. According to Vice Mayor Madeline A. Regalado, the three nights gate receipts from Magsaysay Park is P932,200.00. This money is turned over to the muni-cipal treasurer of Kalibo.

Adding the Magsaysay Park income to the P1,835,366.57, the total is P2,767,566.57.
In that cocktail meeting, Mr. Meñez thanked sincerely several people and organizations who wholeheartedly cooperated for the successful 2011 Kalibo Sto. Niño Ati-Atihan Festival celebration.

Certificates of appreciation were given them which were signed by Kalibo Mayor William S. Lachica, KASAFI chairman Albert A. Meñez and Kasafi Vice Chairman Lilibeth Tansinco Goboy. /MP

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