TACLOBAN CITY – The province of Samar has been honored with the Good Financial Housekeeping (GFH) Award for Calendar Year 2024, recognizing its adherence to sound financial management and transparency in governance.
Local Government Units (LGUs) are evaluated based on two key criteria: the most recent Qualified or Unqualified Commission on Audit (COA) Opinion from the Annual Audit Report (as of September 27, 2024, the end of SGLG National Validation) and compliance with the Full Disclosure Policy (FDP).
In addition to the provincial government, the cities of Catbalogan and Calbayog, along with 20 municipalities, also received the GFH Award.
These municipalities include Almagro, Basey, Calbiga, Daram, Gandara, Hinabangan, Jiabong, Marabut, Matuguinao, Motiong, Pagsanghan, Paranas, Pinabacdao, San Jorge, San Jose de Buan, Sta. Margarita, Sta. Rita, Tagapul-an, Tarangnan, and Zumarraga.
Introduced in 2010, the GFH Award aims to promote transparency and accountability in local governance. The assessment covers 80 provinces, 143 cities, and 1,491 municipalities across the country, evaluating their compliance with COA’s accounting and auditing standards and the FDP, which mandates the public disclosure of key financial documents.
(LIZBETH ANN A. ABELLA)
