Analysis of Regional Financial Performance in Regional Financial And Asset Management Agency of Tojo Una-Una District Sri Intan Usman(1*), Sitti Aminah Hamzah Karim(1) , Fatlina Zainuddin(1), Abdul Azis. R(1)
Tadulako University
Abstract
This study aims to analyze and evaluate the regional financial performance of the Tojo Una-Una Regency Regional Financial and Asset Management Agency. The method used is quantitative, with a descriptive quantitative approach. The data types and sources used in this study are secondary data. The secondary data in this study are in the form of Notes to the Financial Statements for the 2023-2024 Fiscal Year. The analytical method used is Regional Financial Ratio Analysis. The results of this study indicate that the decentralization ratio from 2023-2024 is classified as very lacking on an interval scale of <10.00%, the financial independence ratio shows that in 2023-2024 it has a ratio value of 9.76% to 6.71% financial independence is still in the very low category, the effectiveness ratio shows that it is in the very effective category with a nominal PAD budget of Rp. 74,329,306,220.00 and PAD realization of Rp. 85,381,839,597.65, the efficiency ratio shows that it is in the less efficient category with a percentage of 96.48% to 95.79% in managing the realization of expenditure against the specified expenditure budget, the harmony ratio shows that it is still prioritized for operational expenditure needs so that the capital expenditure ratio is relatively small. In particular, regional governments should pay more attention to and improve the financial performance of the BPKAD because they see that several existing ratios are still very lacking, very low, inefficient, very effective and relatively small.
