This study aims to analyze the effects of Local Own-Source Revenue, Balancing Fund, and Capital Expenditure on Financial Performance of Regency and City Governments in Central Java Province over the period 2015-2019. The population in this study were all regencies and cities in Central Java Province. The results of the study indicate that both Local Own-Source Revenue and Capital Expenditure have a positive and significant effect on the Financial Performance of Regency and City Governments in Central Java Province. Meanwhile, the Balancing Fund has a negative and significant effect on the Financial Performance of Regency and City Governments in Central Java Province.
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