Home Headlines AC receives 2023 Seal of Good Financial Housekeeping from DILG

AC receives 2023 Seal of Good Financial Housekeeping from DILG

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The Department of the Interior and Local Government (DILG) has cited the Angeles City LGovernment led by Mayor Carmelo “Pogi” Lazatin Jr. for its “Good Financial Housekeeping” (GFH) in 2023.

The Angeles City LGU is among the 13 cities in Central Luzon cited for its 2023 Good Financial Housekeeping.

The list of GFH passers in 2023 signed by BLGS Director Debie T. Torres, CESO IV, also includes six provinces in Region III, namely Aurora, Bataan, Bulacan, Nueva Ecija, Pampanga, and Tarlac.

Good Financial Housekeeping meant that local governments passed the reporting guidelines of the Commission of Audit and declared their financial reports online and in conspicuous places in communities according to the Full Disclosure Policy.

The DILG uses the following criteria in determining GFH passers:

Most recent available Commission on Audit Opinion is Unqualified or Qualified

Compliance with the Full Disclosure Policy (FDP), which involves the posting of financial documents in three conspicuous places and in the FDP portal for all quarters of the previous years

Mayor Lazatin maintains transparency in the financial standing of the Angeles City LGU which collected nearly P3 billion revenues for 2023.

For Fiscal Year 2023, the Angeles City LGU under the leadership of Mayor Lazatin posted an actual income of P2,918,483,023.43 in local and external sources as the local economy registered a year-on-year increase.

The Angeles City LGU recorded Local Sources revenues amounting to P1,414,534,901.95 and External Sources Revenues amounting to P1,503,948,121.48 for a total of P2,918,483,023.43 based on the report of the City Treasurer Jenifer Castro.

The year-on-year increase in revenues of the Angeles City LGU is anchored in the efficient tax collection scheme of Mayor Lazatin, who kept his promise not to increase local taxes in the wake of the pandemic.

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