The Department of Finance-Bureau of Local Government Finance (DOF-BLGF) launched the Local Government Unit (LGU) Fiscal Sustainability Scorecard this 2014 as a regular fiscal and financial management performance assessment of all LGUs. Using the power of data to drive performance, the scorecard is published online via Iskor ng ‘yong Bayan, as part of the DOF’s Transparency Initiative.
The scorecard 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. These regular performance assessments of LGUs are made publicly available so local treasurers and assessors are also accountable to the public.