Bacolod receives Good Financial Housekeeping stamp from DILG

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The local government of Bacolod City has passed the Department of Interior and Local Government’s (DILG) Good Financial Housekeeping evaluation for calendar year 2021.

The capital city of Negros Occidental was among the 13 towns and cities in the province that were cited by DILG for their good practices in fiscal accountability and transparency.

The Good Financial Housekeeping (formerly the Seal of Good Housekeeping), recognizes local government units that exhibits compliance with accounting and auditing standards, rules and regulations of the Commission on Audit (COA) as well as compliance with the Full Disclosure Policy of Local Budget and Finances, Bids and Public Offerings.

The agency also looks into the full disclosure of the Annual Budget, Statement of Receipts and Expenditures, Annual Procurement Plan or Procurement List, and Bid Results On Civil Works, Goods and Services and Consulting Services, among others.

Other towns and cities that were recognized by DILG are municipalities of Binalbagan, Calatrava, Cauayan, Enrique B. Magalona, Hinoba-an, Isabela, Moises Padilla, Pontevedra and Valladolid, and cities of Escalante, Sipalay and Talisay.

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