Results of the study showed that from 2005 to 2009, the local governments of Region 10 were able to exercise their functions substantially in terms of formulation of local legislation and implementing the same in their respective areas of jurisdiction. These legislation and executive actions included regulations, transparency and accountability in LGU operations, crafting and implementation of plans (e.g. development, land use, solid waste management), revenue generation and fund appropriation, and investment promotion. However, revenue generation initiatives of most LGUs are limited, hence, their Internal Revenue Allotment (IRA) dependency remains high. For the cities, IRA dependency within the five-year period was declining, indicating a more aggressive stance of generating additional funds from internal sources (e.g. improving operations of public economic enterprises and/or local taxation, stemming mostly from real property, business, community and professional taxes). Moreover, cities tapped external fund sources (e.g. bank borrowings and/or build and transfer operations) to finance construction of commercial facilities and/or acquisition of heavy machineries.
|Source Institution||The Asia Foundation|
|Place of Publication||Manila|
|Original Publication Date|