BLGF Mission Statement
BLGF aims to improve the quality of local government finance through the following:
- Assist in the formulation and issuance of sound policies on local taxation, revenue administration and public financial management;
- Conduct effective supervision of and extensive coordination with local treasury and assessment offices;
- Render timely and efficient assistance to the Secretary of Finance in the processing of appointments, designations, and personnel action of all local treasurers and assistant treasurers;
- Develop, implement and timely monitor relevant plans and programs on resource management system, collection enforcement and credit financing; and
- Provide appropriate consultative services and technical assistance on local taxation, real property assessment and other related matters.
BLGF Vision Statement
“Empower local government units to attain fiscal sustainability through a responsive Bureau of Local Government Finance.”
BLGF Mandate (Legal Basis and Functions)
Under EO 127, the Bureau of Local Government Finance (BLGF) is mandated to perform the following functions:
- Assist in the formulation and implementation of policies on local government revenue administration and fund management;
- Exercise administrative, technical supervision and coordination over the treasury and assessment operation of local government;
- Develop or implement plans and programs for the improvement of resource management system, collection enforcement mechanisms and credit utilization schemes at the local levels;
- Provide consultative services and technical assistance to the local government and the general public on local taxation, real property assessment and other related matters;
- Exercise line supervision over its Regional Offices and the local treasury and assessment and other related matters;
- Perform such other tasks or functions as maybe assigned by the Secretary of Finance or Undersecretary for Domestic Operations.