The Light Rail Transit Authority (LRTA) has remitted back a total of ₱1,516,736,840.04, including accrued interest, from the LRT Line 1 Structural Rehabilitation Fund to the Bureau of the Treasury (BTr).

The return of the fund was made in compliance with the provision of R.A. No. 11975 (GAA 2024) and directive from the Department of Finance (DOF), and in accordance with applicable government accounting rules.

The transfer was authorized by LRTA Administrator Atty. Hernando T. Cabrera on February 27, 2026, pursuant to DOF Circular No. 002, series of 2022, or the “Revised Guidelines on Authorized Government Depository Banks.”

The funds were originally allocated to support structural rehabilitation initiatives for the LRT Line 1 system. 

According to Cabrera, the return of the fund and remittance of interest earned thereon reflect LRTA commitment to sound fiscal management, transparency, and accountability in the use of public funds.

“LRTA remains committed to responsible stewardship of government resources while continuing to ensure reliable and efficient rail services for the commuting public,” Cabrera said.