Saturday 3 February 2024

Misamis Occidental LGUs Excel in Good Financial Housekeeping Assessment

 


Ozamiz City, Misamis Occidental | via Bhal Cabrera | February 3, 2024

City of Ozamiz and Other LGUs in the Province Achieve 100% Passing Rate, In a commendable display of effective governance, the local government units (LGUs) in Misamis Occidental, spearheaded by the City Government Unit of Ozamiz under the visionary leadership of Mayor Atty. Henry "INDY" F. Oaminal Jr., have achieved a remarkable feat. All LGUs in the province have successfully passed the 2023 Good Financial Housekeeping (GFH) assessment, signaling a commitment to transparency and responsible financial management.

The achievement underscores the dedication and vision of Mayor Atty. Henry "INDY" F. Oaminal Jr. and other local leaders in upholding good governance practices. Led by Working Governor Atty. Henry Sevilla Oaminal Sr., the Provincial Government of Misamis Occidental takes pride in this recognition bestowed by the Department of the Interior and Local Government (DILG).

 The Good Financial Housekeeping certification from the DILG serves as concrete evidence of the diligent utilization and meticulous auditing of public funds by the Provincial Government of Misamis Occidental. It reflects their unwavering commitment to accountability and transparency in financial matters.

To secure a passing grade in the GFH assessment, LGUs must meet specific criteria, including obtaining an unqualified or qualified most recent available Commission on Audit (COA) Audit Opinion for CYs 2021 or 2022, and ensuring compliance with the Full Disclosure Policy requirements.

This milestone is a cause for celebration and serves as a testament to the collective efforts of all LGUs in Misamis Occidental towards achieving excellence and progress. As the province looks towards the future, the commitment to good governance and responsible fiscal management remains unwavering, ensuring the continued prosperity of Misamis Occidental and its constituents.

Bitcoin Drops to $53,000 Due to ETF Sell Pressure Heading Into the Weekend

  On-chain analyst Ali Martinez has recently issued an important warning regarding the current Bitcoin market conditions. Based on a two-mon...