CITY Government of Davao was recognized by the Department of Finance – Bureau of Local Government Finance (DOF-BLGF) as one of the National Top Performing Cities in Local Source Revenues (LSR) for FYs 2022 and 2023!
Here are the remarkable achievements of Davao City:
🏅 Rank 8 (National): FY 2023 Top-Performing City in Local Source Revenues
🏅 Rank 7 (National): FY 2022 Top-Performing City in Local Source Revenues
Davao City leads among all cities outside the National Capital Region (NCR).
In Region XI, Davao City continues to shine:
🥇 1st Place: Ratio of Local Source Revenues to Total Current Operating Income (FY 2023)
🥇 1st Place: Local Source Revenues (FY 2023)
🥇 1st Place: Yearly Growth of Local Source Revenues (FY 2023)
This recognition highlights Davao City’s unwavering commitment to fiscal excellence and sustainable growth.
Editor’s Note: This article has been sourced from the Mayor Sebastian “Baste” Duterte Facebook Page.