The Department of the Interior and Local Government (DILG) has cited the Davao City as one of the local government units to pass the 2019 Good Financial Housekeeping Seal.
The DILG recognition is given to LGUs for Good Planning based on their Comprehensive Development Plan and Executive Legislative Agenda; Sound Fiscal Management relative to the Implementation of Audit findings, LGU Annual Budget and updates Local Revenue Code, and Quarterly and Annual Statement of Receipts and Expenditures; Transparency and Accountability for their compliance to the Anti-Red Tape Law and Full Disclosure of local budget and finances, bids and public offerings; and, Valuing of Performance Information in terms of the utilization of performance monitoring tool or scorecard system and recognition received.
As a recipient of the Seal of Good Financial Housekeeping, Davao City is compliant with the existing accounting and auditing standards, rules and regulations, and transparent to all of its government spending. This award is also one of the components of the Seal of Good Local Governance (SGLG) for Financial Administration.
Davao City also passed the criteria on Commission on Audit (COA) opinion and Full Disclosure Policy (FDP) posting requirements.
The Seal of Good Financial Housekeeping is achieved through the good performance of each city government offices â the City Budget Office, the General Services Office, the City Accounting Office, City Treasurerâs Office, Human Resource Management Office, Integrated Gender and Development Division, and the Office of the City Planning and Development Coordinator.
Mayor Inday Sara Duterte said the recognition was made possible by the âhard work, commitment, and dedication of the managers and employeesâ of the said offices.
The city government is also hopeful it will pass assessment of the DILG for the Seal of Good Local Governance that is given to LGUs with good performance and service delivery. The Seal of Good Financial Housekeeping under Financial Administration is just one of the components needed to pass the SGLG.
Davao City was previously awarded an SGLG. CIO
