<![CDATA[Evaluation of the Bitung City Government's financial performance across the 2020–2024 fiscal years was grounded in five key financial ratios, comprising the regional financial independence ratio, fiscal decentralization ratio, regional financial dependency ratio, Regional Own-Source Revenue (PAD) growth ratio, and PAD effectiveness ratio. Drawing upon secondary evidence contained in the Bitung City Government's Budget Realization Reports (Laporan Realisasi Anggaran) for the 2020–2024 fiscal years, this study applied a descriptive quantitative framework, whereas documentation and literature review constituted the primary procedures for data acquisition. The data were analyzed by calculating and interpreting each financial ratio according to the applicable assessment criteria. The analysis indicates that the Bitung City Government continued to exhibit limited fiscal autonomy, as reflected by a very low regional financial independence ratio, a very poor fiscal decentralization ratio, and a persistently high regional financial dependency ratio. In addition, the PAD growth ratio fluctuated throughout the observation period, while the PAD effectiveness ratio exhibited a declining trend in the final years of the study. These findings indicate that the Bitung City Government needs to strengthen the management of Regional Own-Source Revenue by improving tax and retribution collection, optimizing regional assets, and enhancing financial governance to achieve greater fiscal independence.]]>
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