Analysis of the financial performance of the Regional Governments of Padang Panjang Regency and Magelang Regency in 2019-2020 was carried out to evaluate differences in budget realization, financial performance ratios, efficiency and financial effectiveness between the two regions. The findings show a significant increase in the effectiveness of local revenue (PAD) in Padang Panjang Regency in 2020, while Magelang Regency recorded a surplus. Analysis of financial efficiency ratios and operational reports also highlights differences in the presentation of Regional Government Financial Reports between the two districts.
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