FIVE-YEAR
ACCOMPLISHMENT REPORT
CY 2001-2006
The
Local Water Utilities Administration made an
impressive performance during the period 2001
to 2006. The Agency's five-year accomplishment
report is summarized as follows:
Water
Supply Coverage
In a span of five years, an additional 2.5 million
people in the country's provincial urban have
been given access to improved water supply.
To date, LWUA serves 13,294 million total urban
populations in operational Water District areas.
Water
Supply Infrastructure Development
During the period, a total of 301 water supply
projects were completed consisting of major expansion
and small rehabilitation projects.
Noteworthy is the remarkable improvement in LWUA's
project disbursement level starting 2002 reaching
a record high 1.7 billion peso yearly average.
LWUA's historical project disbursement record
prior to 2002 showed a yearly average of only
720 million pesos for the past five years (1997-2001).
Financial
Assistance
For the same periods a total of 6.3 billion
peso loans was granted to the water districts
while a total of 9.2 billion pesos was availed
by the water districts to finance the construction
of level III water supply development projects
nationwide.
Further, in view of the government funds to
support the financing of water supply development
in the countryside, LWUA made an aggressive
move to tap alternative sources of funds. In
addition to the to the internal cash generation
(ICG) of LWUA and congressional funds, LWUA
has sourced funds through the following: (a)
LandBank borrowings, (b) DBP credit facility
to WDs with LWUA as guarantor, and (c) WD reserve
deposits.
LWUA
Financial Efficiency
LWUA collected a total of 7.7 billion pesos
or a yearly average of 1.1 billion pesos from
loans extended to Water Districts. In terms
of collection ratio, the yearly average stood
at 84% for the past five years.
In addition, LWUA's debt-service payments to
foreign lending institutions remain current
for the past years.
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