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SAMAR BAGS AWARD FOR REVENUE GENERATION

The Provincial Government of Samar, through its Provincial Treasurer’s Office, bagged multiple awards on revenue generation and financial reporting compliance aspects of financial administration, during the Regional Association of Treasurers and Assessors (REGATA) VIII Seminar-Workshop held recently at the Madison Hotel Park, Tacloban City.

In the said event, PLGU-Samar  claimed 1st and 2nd rank among all the provinces in the region in the following categories:

 Top 1 – Highest Collection Efficiency on Locally Sourced Revenues for FY 2023
 Top 1 – Highest Year-on-Year Growth Rate on Locally Sourced Revenues for FY 2023
 Top 2 – Highest Nominal Locally Sourced Revenues for FY 2023
 Top 1  – Compliance on Statement of Receipts and Expenditures Reporting (Prompt and Accurate Reporting) for the 2nd and 3rd quarter of FY 2023

Samar Governor Sharee Ann Tan shared her enthusiasm on this recognition.

“All these things are geared towards addressing the needs of the Samarnons.”

“All these things are geared towards addressing the needs of the Samarnons. Financial administration is one of the crucial parts in government operation, that is, maximizing revenue or fund sources to deliver what is needed in the community in terms of programs on education, health, social services, and economic development, among others. While a tough aspect, perseverance is really the key here, we did not stop when it was hard,” Tan explained.

Meanwhile, Provincial Treasurer Ma. Ruthchel Hernandez said, “Passion, dedication and love for Samarnons were the driving factors that we have seen from Gov. Sharee Ann Tan that became our motivation to achieve this milestone.”

“This award presented to the Provincial Government of Samar thru the Office of the Provincial Treasurer is a testament that we live by our principle, One People, One Samar.”



“This award presented to the Provincial Government of Samar thru the Office of the Provincial Treasurer is a testament that we live by our principle, One People, One Samar. This recognition would not be possible had the office worked alone. This was achieved through the collaborative efforts of our frontline offices delivering public services,” Hernandez added.

Alongside with the PLGU-Samar, component municipalities and cities of the province were also recognized for their exemplary performance, to name:

 Top Cities  – Highest Collection Efficiency on Locally Sourced Revenues for FY 2023:
     •  Top 2 – Catbalogan City
     •  Top 3 – Calbayog City

 Top Municipalities – Highest Collection Efficiency on Locally Sourced Revenues for FY 2023:
     •  Top 2 – Gandara, Samar (Among 2nd Income Class Municipalities)
     •  Top 1 – Zumarraga, Samar (Among 5th Income Class Municipalities)
     •  Top 1 – Talalora, Samar (Among 6th Income Class Municipalities)

 Top Cities –  Highest Year-on-Year Growth Rate on Locally Sourced Revenues for FY 2023
     •  Top 2 – Catbalogan City

 Top Municipalities – Highest Year-on-Year Growth Rate on Locally Sourced Revenues for FY 2023:
     •  Top 1 – Tagapul-an, Samar (Among 5th Income Class Municipalities)

 Compliance on Statement of Receipts and Expenditures Reporting (Prompt and Accurate Reporting) for the 3rd quarter of FY 2023
     •  Top 1 – Calbayog City

 Compliance on Statement of Receipts and Expenditures Reporting (Prompt and Accurate Reporting) for the 4th quarter of FY 2023
     •  Top 1 – Catbalogan City

 Compliance on Statement of Receipts and Expenditures Reporting (Prompt and Accurate Reporting) for the 3rd quarter of FY 2023
     •  Top 1 – Sto. Niño, Samar

 Municipalities under 3rd Income Class with Highest Year-on-Year Growth in Taxable Assessed Values for FY 2023 (Real Property Assessment Operation)
     •  Top 1 – Sta. Rita, Samar

The Bureau of Local Government Finance (BLGF) initiated the above-mentioned event in line with their mandate to exercise administrative, technical supervision and coordination over the treasury and assessment operation of local government units to which following aspects of financial administration are scrutinized: (1) Revenue Generation: Highest Collection Efficiency on Locally Sourced Revenues, (2) Revenue Generation: Year-on-Year Growth Rate on Locally Sourced Revenues, (3) Revenue Generation: Highest Nominal Locally Sourced Revenues, and (4) Financial Reporting: Statement of Receipts and Expenditures Top Compliant LGU.

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