THE City of Tagbilaran has been recognized by the Department of Finance (DOF) and the Bureau of Local Government Finance (BLGF) as one of the National Top Performing Local Government Units (LGUs) for Fiscal Year 2023.
Tagbilaran City was ranked in the Top 10 nationwide for total current operating expenditures per capita for the same fiscal year.
In addition to this achievement, Tagbilaran also secured the 8th spot among component cities in the country based on its year-on-year growth in local source revenue, achieving an impressive growth rate of 22.83%. This recognition highlights the city’s efficient financial management and responsible allocation of resources, placing it among the best-performing LGUs in the country.
Mayor Jane Yap expressed her pride in the city’s accomplishments, emphasizing the commitment of the City Government of Tagbilaran to maintaining strong local fiscal management. “This recognition is a testament to our continuous efforts in ensuring effective and transparent financial governance. We thank our business community and our Tagbilaranons for sustaining the city’s growth and helping us improve the quality of life for all our people,” Mayor Yap said.
The achievements reflect the city’s drive towards sustainable development and its focus on maximizing local resources to boost economic growth and provide better services to its residents.
With these accomplishments, Tagbilaran City remains a model of good governance and fiscal responsibility.
