76% of Bohol towns cited for
good financial housekeeping
TAGBILARAN CITY, Bohol, Feb 3 (PIA) –Seventy six percent (76%) or thirty six of 47 towns and one city in Bohol passed the country’s 2023 Good Financial Housekeeping (GFH), an affirmation of the strides that local government units here are taking to prove transparency in handling public resources and in fiscal management.
GFH is the Department of Interior and Local Government’s (DILG) citation for local government units (LGUs) which have passed the guidelines for fiscal management set by Commission on Audit (COA) in as shown in sound fiscal practices, efforts at transparency, and financial accountability.
National passers for the GFH municipality category in 2023 include Alicia, Antequera, Baliliuhan, Batuan, Bien Unido, Buenavista, Calape, Candijay, Catigbian, Corella, Cortes, Dagohoy, Danao, Dauis, Duero, Guindulman, Jagna, Lila, Loay, Loboc, Loon.
Maribojoc, Panglao, Pilar, President Carlos P. Garcia, Sagbayan, San Isidro, San Miguel, Sevilla, Sierra Bullones, Sikatuna, Talibon, Tubigon, Ubay, Valencia and Tagbilaran City for the City Category.
Bohol, as a province also capped the 2023 fiscal year with a GFH among the national passers for the province category.
Since 2010, the GFH has acted as an evaluation tool to measure LGU performance in terms of establishing citizen engagement through a transparent reporting of public budget and expenditures.
Years later, the citation was elevated making the GFH a core component of the now prestigious Seal of Good (Financial) Housekeeping.
The seal of GH is now awarded to LGUS which have no qualified or unqualified COA opinion, complied with the mandated Full Disclosure Policy, and brings up a more comprehensive assessment on the LGU’s administrative capacity-building efforts.
It also measures good performance in local legislation, development planning, resource generation, resource allocation and utilization, customer service, and human resources management.
An LGU which receives the SGH becomes eligible to tap the Performance Challenge Fund, a support fund to bankroll local government initiatives in their local efforts to realize national government goals and strategic development thrusts.
Having passed the first screening, these LGUS which passed the 2023 GFH can qualify for the SGH. (PIABohol)
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