DOF-BLGF publishes online LGU performance scorecards for fiscal sustainability
In an initiative to promote transparency
and good governance at all levels, the Department of Finance-Bureau of
Local Government Finance (DOF-BLGF) is rolling out the Local Government
Unit (LGU) Fiscal Sustainability Scorecard as a regular fiscal and
financial management performance assessment of all LGUs. This scorecard
is published online via Iskor ng ‘yong Bayan (http://iskor.blgf.gov.ph).
The LGU Fiscal Sustainability Scorecard,
developed through the Department’s Fiscal Intelligence Unit (FIU) and
the BLGF, takes into account key results areas of local revenue
generation capacity, local collection growth, expenditure management,
updating of Schedule of Market Values, and reportorial compliance of
treasurers and assessors with the DOF and BLGF. This is in line with
DOF’s mandate to supervise and monitor the revenue operations of LGUs.
The project is part of the DOF’s
Transparency Initiative, which aims to use the power of data to drive
performance. The project envisions that to improve LGU governance,
increasing transparency and public accountability, especially on the
level of local treasurers and assessors, is paramount. The LGU Fiscal
Sustainability Scorecard aims to establish a regular fiscal performance
assessment of LGUs. These scorecards are made publicly available so
local treasurers and assessors are also accountable to the public.
Using official quarterly and year-end
reports submitted by all local treasurers (through the electronic
Statement of Receipts and Expenditures [SRE]) and assessors (through the
Quarterly Report on Real Property Assessment) to the BLGF, the LGU
Fiscal Sustainability Scorecard aims to institutionalize the regular
publication of fiscal indicators and the performance review of LGUs in
the spirit of accountability and good local financial housekeeping.
The preliminary performance review for
80 provinces and 121 cities covering 2009 to 2012 are published and
available for download on Iskor ng ‘yong Bayan. In the interest of
transparency, the SRE reports and the Schedules of Market Values used as
basis in determining real property tax are also readily available for
download through the said portal.
To learn more about the LGU Fiscal
Sustainability Scorecard and access data on your LGU, click through to
the Iskor ng ‘yong Bayan page at http://iskor.blgf.gov.ph.
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