Paper Contents
Abstract
This study examines the income and expenditure patterns of Panabo Citys Local Government Unit (LGU) from 2014 to 2020 to assess financial trends, revenue dependency, and expenditure allocation. Using a quantitative approach, data from the City Treasury Office, Budget Office, and Planning and Development Office were analyzed. Findings indicate a significant reliance on external funding sources, particularly the Internal Revenue Allotment (IRA) or National Tax Allotment (NTA), which accounted for 67-70% of total income. Local revenue generation, primarily from tax revenues, exhibited a 55.5% increase over seven years, with tax collections showing notable efficiency. Expenditure patterns prioritized infrastructure in 2018 and economic development in 2019. However, environmental and social services received limited allocations, highlighting potential gaps in sustainability-focused funding. The study recommends revenue diversification, enhanced financial autonomy, and equitable resource distribution to ensure long-term fiscal resilience.
Copyright
Copyright © 2025 ROXANNE GUIA MALOLOY-ON. This is an open access article distributed under the Creative Commons Attribution License.
