Cagayan de Oro City has emerged as Top 1 in Year-on-Year Growth in Locally-Sourced Revenue, recording an impressive 24.52% increase for Fiscal Year (FY) 2022. This recognition comes under the the Highly Urbanized City as highlighted in the Bureau of Local Government Finance (BLGF) Memorandum Circular No. 017, series of 2024.
Here is the Top 10.
In 2021, Cagayan de Oro placed 7th with a 12.9% growth rate, showcasing the City’s commitment to improving local governance and financial performance.
