Evaluation of the Financial Performance of the Boalemo Regency Regional Government: Analysis of Financial Ratios and Their Implications

This study evaluates the financial performance of the Boalemo Regency Government based on various financial ratio indicators, such as the ratio of independence, effectiveness, efficiency, harmony, and growth. Using the quantitative descriptive analysis method, this study found that Boalemo Regency has a high dependence on transfer income compared to Regional Original Income (PAD), which reflects the low level of regional financial independence. In addition, the efficiency of financial management is a major challenge. The results of this study provide recommendations for local governments to increase financial independence and optimize the use of available resources.