DOF Recognizes Pangasinan for Financial Management Achievements
Pangasinan: The Department of Finance-Bureau of Local Government Finance (DOF-BLGF) has recognized the Pangasinan provincial government for its achievements in financial management. The province was ranked seventh in Locally Sourced Revenues (LSR) for 2024 and 10th in Year-on-Year Growth in Local Sourced Revenues from 2023 to 2024 nationwide. According to Philippines News Agency, LSR includes tax revenues such as real property tax and business tax, while non-tax revenues cover regulatory fees, service charges, and receipts from economic enterprises. The Pangasinan Public Information and Media Relations Office (PIMRO) reported these details on Thursday. An additional parameter of LSR to National Tax