Analisis Kinerja Keuangan Pemerintah Daerah Dalam Pengelolaan APBD Kota Surabaya Tahun 2015 -2023

Abstract

This study aims to analyze the financial performance of the Surabaya City Government in managing the Regional Revenue and Expenditure Budget (APBD) from 2015 to 2023. The research applies a descriptive quantitative approach using regional financial ratio analysis, including efficiency, effectiveness, fiscal independence, degree of decentralization, and the balance between capital and operational expenditures. The results indicate that the financial efficiency of the Surabaya City Government fluctuated, with inefficiency observed in several years, especially during the COVID-19 pandemic. Nevertheless, the effectiveness of Local Own-Source Revenue (PAD) was relatively high, with revenue targets largely met or exceeded. Surabaya also demonstrated strong fiscal independence, as shown by favorable independence and decentralization ratios. However, the dominance of operational expenditure suggests a need for better budget allocation balance to support infrastructure development and long-term investment, particularly in the post-pandemic era.