Skills Development Training on the Updating of Schedule of Market Values (SMV) and Conduct of General Revision (GR)

TO: All BLGF Central and Regional Directors; and All Provincial, City and Municipal Assessors & Appraisers SUBJECT: Skills Development Training on the Updating of Schedule of Market Values (SMV) and Conduct of General Revision (GR) Date: 22 February 2017 ___________________________________________________________________ The Bureau of Local Government Finance (BLGF), as an institutional Continuing Professional Development Provider accredited […]


CLUSTER TRAINING FOR THE PROVINCIAL ROLL-OUT OF THE LGU INTEGRATED FINANCIAL TOOLS (LIFT) to Regions IV-A, VI and XIII

The Bureau of Local Government Finance (BLGF), in cooperation with the Asian Development Bank (ADB) conducted a Cluster Training for the Roll-out of LGU Integrated Financial Tools (LIFT) to Regions IV-A, VI and XIII on 31 January – 2 February 2017, at the Bayview Park Hotel, Roxas Blvd, Manila. Pursuant to DILG-NEDA-DBM-DOF JMC No. 1 […]


LGUs told to report mining revenues

The Department of Finance (DOF) has required treasurers of local government units (LGUs) to include in their financial reports to the DOF all environment and natural resources revenues and expenditures, particularly the payments made by the mining and other extractive industries to their respective LGUs. Since 2011, local treasurers have been required to report to […]


DOF orders LGU treasurers to report all mining experience

Local government treasurers must now include all income and expenses related to environment and natural resources revenue, particularly payments by mining and other extractive industries, in their quarterly and annual financial reports. Finance Secretary Carlos Dominguez III issued Department Order No. 049-2016, mandating local treasurers to include in their electronic Statement of Receipts and Expenditure […]


LGUs must report mining revenues – Finance

TREASURERS of local government units are now required to include in their quarterly and annual financial reports to the Department of Finance (DOF) all environment and natural resources revenues and expenditures, particularly payments made by mining and other extractive industries to their respective local governments. In a statement on Thursday, the DOF explained that since […]