PRELIMINARY LGU FISCAL SUSTAINABILITY SCORECARD 1
1ST INCOME CLASS CITY
PASIG CITY
Key Result Area
Max
Score
2010
Score
2011
Score
2012
Score
1.1 Regular income level
1.2 Local revenue level 3
1.3 Local revenue growth
1.4 Dependence on locally
sourced income 4
10
15
20
10
15
5
Very Good
Very Good
-1%
Very Good
(85%)
Very Low
(14%)
10
15
0
10
Very Good
Very Good
28%
Very Good
(85%)
Very Low
(15%)
10
15
20
1.5 Dependence on IRA
Very Good
Very Good
4%
Very Good
(82%)
Very Low
(18%)
Indicator
2
1. Revenue
Generation
Capacity
10
(60 points)
2.
3.
4.
5.
6.
1.6 Dependence on Other
Shares from National Tax
Collection
2.1 Tax Revenues
2.1.1 Real property tax (Basic)
Local
2.1.2 Tax on Business
Collection
2.1.3 Other Taxes
Growth
2.2 Non-Tax Revenues
2.2.1 Regulatory Fees
(20 points)
2.2.2 User/Service Charges
2.2.3 Econ. Enterprise
3.1 Total Expenditure Per
Capita 5
3.2 Use of IRA for Local
Expenditure
Development Projects 6
Management
3.3 Limitation on Expenditure for
(20 points)
Personal Services 7
3.4 Limitation on Debt Service
Ratio 9
SUB-TOTAL: QUANTITATIVE INDICATORS (90%)
Submission of Timely and Accurate Statement of
Receipts and Expenditures per DOF Order No. 82011
Regular Updating of Schedule of Market Values
and Conduct of General Revision of Property
Assessments per Sec. 219 of the Local
Government Code and DOF-DILG Joint
Memorandum Circular No. 2010-01
Submission of Timely and Accurate Quarterly
Report on Real Property Assessment (QRRPA)
SUB-TOTAL: QUALITATIVE INDICATORS (10%)
OVERALL SCORE
10
5
Low
(0.13%)
10
10
5
Very High
5
5
N/A
(No Report)
0
5
N/A 8
5
100
No Debt
Service
67.5 PTS.
40
NonCompliant
5
5
Very High
20
NonCompliant
30
NonCompliant
(SMV is 14
years
outdated.)
30
Complete
100
100
OVERALL RATING
5
N/A
(No Report)
Passed
(38.5%)
No Debt
Service
85.5 PTS.
5
10
5
0
6%
54%
16%
6%
3
10
-2%
4%
-4%
-6%
26%
5
5
Low
(0.80%)
28%
8%
5
5
31%
27%
45%
2
-15%
99%
-78%
10
Low
(0.20%)
5
3%
-1%
4%
6%
10
0
5
5
15%
-43%
572%
3
Very High
N/A
(No Report)
Passed
(40.7%)
No Debt
Service
61.2 PTS.
5
0
5
5
20
NonCompliant
20
0
NonCompliant
(SMV is 15
years
outdated.)
0
NonCompliant
(SMV is 16
years
outdated.)
0
30
Incomplete
15
Incomplete
15
5 PTS.
72.5 PTS.
3.5 PTS.
89 PTS.
3.5 PTS.
64.7 PTS.
B
A
C
VERY GOOD
EXCEPTIONAL
GOOD
DATA SOURCES: LGU Treasurer’s Electronic Statement of Receipts and Expenditures (BLGF run date of Aug 15, 2013), LGU Assessor’s
Quarterly Reports on Real Property Assessment, and approved LGU Schedule of Market Values
1
st
Rating scheme for KRAs 1.1, 1.2, 1.4, 1.5 and 1.6 was based on performance as a 1 Income Class city in relation to average
performance of LGUs within the same income classification. NI = Needs Improvement
2
Total regular income is the sum of locally sourced income (excluding SEF), current year’s IRA + other shares from national
tax collection. Other income/receipts were not considered due to reporting errors.
3
Total revenues collected from real property tax (basic), business tax, other taxes, regulatory fees, user charges, and income
from economic enterprise.
4
% share of local revenues (excluding Other Receipts) to total regular income
5
Based on 2010 Census, with 1.82% projected annual growth for FY2011 and FY2012.
6
At least 20% of IRA should be utilized for local development projects (LGC Sec. 287)
7
Not to exceed 45% of the annual regular income realized in the next preceding fiscal year for 1st - 3rd income class LGUs or
55% for 4th or lower income class LGUs (LGC Sec. 325a)
8
2008 regular income data not included; full provisional 5 points given
9
Expenditures for debt servicing not to exceed 20% of the regular income for the fiscal year (LGC Sec. 324a)
10
Based on the weighted score for all quantitative (KRAs 1, 2 & 3; 80% for revenue indicators vs 20% for expenditure
indicators) and qualitative (KRAs 4, 5, & 6): 100% = 90% Quantitative KRAs + 10% Qualitative KRAs.
D AT A U SED A ND F IND ING S FOR VALI D AT ION BY TH E C IT Y TR E A SUR ER A ND T HE C IT Y A S S E SSOR.
Page 1 of 2
Annex A - Detailed Report
LGU Name: Pasig City
Income Class: 1
FY Covered: 2010-2012
Indicator/Item
1 Regular Income
Locally Sourced Income
2010
4,253,806,610
3,499,942,489
5,740,359
Real property tax (Basic)
Tax on Business
Other Taxes
Non-tax Revenues
Regulatory Fees
User/Service Charges
Income from Econ. Enterprise
3 Internal Revenue Allotment - Current
3,499,942,489
2,810,950,495
498,878,004
2,182,752,359
129,320,132
688,991,994
197,955,098
452,902,926
38,133,969
24%
28%
5,213,571,344
4,449,093,924
7%
722,788,963
10,758,796
3%
-1%
4%
6%
8%
-15%
99%
-78%
4,477,958,393
3,608,662,284
653,158,416
2,767,367,250
188,136,618
869,296,108
303,951,757
524,870,239
40,474,113
-10%
14%
87%
41,688,457
0.20%
4%
-1%
-1%
85%
15%
-52%
+/- YoY
287%
0.80%
28%
28%
31%
27%
45%
26%
54%
16%
6%
4,449,093,924
3,527,986,803
682,283,469
2,668,117,982
177,585,352
921,107,121
349,460,688
299,665,559
271,980,874
-1%
-2%
4%
-4%
-6%
6%
15%
-43%
572%
7%
801,136,518
7%
722,788,963
-10%
5,740,359
5,740,359
-
-52%
126%
-
10,758,796
10,758,796
-
87%
87%
-
41,688,457
38,085,547
3,602,910
-
287%
N/A
-67%
-
5,243,157,173
1,426,769,701
2,546,061,715
794,031,532
No Report
6 Total Expenditures per Capita
Population/Projected Population
-2%
9%
-4%
-14%
N/A
6,016,986,973
1,403,820,226
3,103,510,639
1,124,844,730
No Report
15%
-2%
22%
42%
N/A
7,262,258,861
1,469,703,555
3,595,439,449
1,344,842,431
No Report
7,828
669,773
8,823
681,963
10,459
694,375
N/A
No Report
N/A
No Report
N/A
No Report
1,368,927,341
N/A
1,566,801,811
38.5%
1,732,767,171
40.7%
No Report
N/A
No Report
N/A
No Report
N/A
7 Utilization of IRA for Local Devt. Projects
20% Expenditure
8 Personal Services (PS)
PS-to-Total Expenditures Ratio
801,136,518
2012
748,123,762
4 Other Shares from Nat'l Tax Collection
Share from Economic Zone
Share from EVAT
Share from National Wealth
Share from PAGCOR/PCSO/Lotto
Share from Tobacco Excise Tax
5 Total Expenditures (with SEF)
General Public Services
Economic Services
Social Services
Debt Service
7%
0.13%
% Share to Regular Income
2 Local Revenue
Tax Revenues
5,289,853,707
4,477,958,393
18%
Other Shares from Nat'l Tax Collection
+/- YoY
85%
748,123,762
% Share to Regular Income
2011
5%
4%
82%
% Share to Regular Income
Internal Revenue Allotment (Current)
+/- YoY
9 Total Debt Service
Debt-to-Regular Income Ratio
21%
Notes on Rating System Used in the Preliminary Scorecard:
Regular Income and Locally Sourced Income were assessed according to Income Class, with the following scale:
Very Good = 50% higher than the average value
Good = 25% higher than the average value
(Dependence on locally sourced income was
assessed using the same scale but on per LGU
Fair = Average
type basis.)
Needs Improvement = 25% lower than the average value
Poor = 50% lower than the average value
IRA Dependence was assessed across LGU Type
Very Low = Less than 50%
Low = Greater than 50% but less than 60%
Fair = Average dependence for cities: 60%-70%
High = Greater than 70% but less than 80%
Very High = Greater than 80%
Total Expenditure per Capita was assessed across LGU Type
Very High = 50% higher than the average value
High = 25% higher than the average value
Fair = Average
Low = 25% lower than the average value
Very Low = 50% lower than the average value
Use of IRA for Local Dev't Projects: PASSED = Ratio is greater than or equal to 20% of Current Year IRA; else, FAILED
Limitation on PS Expenditure:
PASSED : <=45% for 1st - 3rd Class LGUs, <=55% for 4th to lower income class LGUs; else, FAILED
Debt Service Ratio:
PASSED : Expenditures for debt servicing is less than or equal to 20% of Regular Income; else, FAILED
5%
16%
20%
N/A