CEBU, Philippines — Consolacion remained the richest municipality in Cebu, topping the list both in terms of total assets and equity, based on the latest financial data on local government units. Consolacion posted P2.994 billion in assets, the highest among Cebu’s municipalities, according to the 2024 Annual Financial Report from the Commission on Audit (COA).  READ: Mandaue among top 10 list of richest cities in PH, Cebu City out This first-class municipality that borders Mandaue City in the north also happens to be the wealthiest in Cebu in terms of equity, valued at approximately P1.9 billion.  Minglanilla, another first-class town, […]... Keep on reading: LIST: Richest towns in Cebu for 2024