The Department of Interior and Local Government (DILG) Iligan City presided the meeting with the Local Finance Committee, together with the Internal Audit Service (IAS) and City Engineering to discuss on strategies for a more efficient utilization of funds of the City Government.
The activity was held yesterday, April 27, at the Sangguniang Panlungsod conference room, was initiated by the local government through the City Administrator’s Office which effort is aligned in the preparation for the Seal of Good Local Governance (SGLG) 2023 validation.
DILG Iligan City Director Maria Maida Daniot emphasized the need for transparency and accountability in the city’s financial transactions. He said that the IAS can play a crucial role in achieving this goal by conducting regular audits and recommending improvements in budget management.
“The efficient utilization of funds is one of the parameters of the Seal of Good Local Governance to attain Accountability in local governance. This is to ensure that the LGU funds have been effectively and efficiently utilized to achieve the socio-economic goals of the LGU,” said CD Daniot.
One of the objectives of the meeting is to strengthen the Internal Audit Service of the LGU to monitor the compliance of the different systems procedure of the LGU offices. The participants agreed that the meeting was just the first step towards achieving better budget management and utilization. They expressed their commitment to working together to ensure that Iligan City continues to be a model of good governance and transparency in the region. (𝘋𝘐𝘓𝘎 𝘐𝘭𝘪𝘨𝘢𝘯 𝘊𝘪𝘵𝘺 | 𝘔. 𝘙𝘢𝘰𝘱𝘢𝘯)