Value For Money Based Budget Adjustment As An Effort To Enhance Transparency And Accountability

Abstract

Background: Local government budget management is required to be transparent, accountable, and results-oriented. In practice, budget adjustments still face challenges in ensuring alignment between budget allocations, performance, and program needs. The implementation of Value for Money, which emphasizes the aspects of economy, efficiency, and effectiveness, is one approach that can support improvements in budget management transparency and accountability. Objective: This study aims to analyze the implementation of Value for Money-based budget adjustments, encompassing the dimensions of economy, efficiency, and effectiveness, and to analyze their effects on public financial transparency and accountability at the Department of Social Affairs and Manpower of Baubau City. Sample: The sample consisted of 58 employees of the Department of Social Affairs and Manpower of Baubau City. Method: The researchers employed a quantitative method in this study and collected data from participants through questionnaires. Results: The study shows that Value for Money-based budget adjustments have a positive and significant effect on transparency at the Department of Social Affairs and Manpower of Baubau City, with a significance value of 0.001 < 0.05 and a calculated t-value of 118.686 > the t-table value of 2.003. Similarly, Value for Money-based budget adjustments have a positive and significant effect on accountability, with a significance value of 0.001 < 0.05 and a calculated t-value of 111.450 > the t-table value of 2.003. Conclusion: Based on the research findings, the implementation of Value for Money-based budget adjustments, encompassing the aspects of economy, efficiency, and effectiveness, has a positive and significant effect on improving public financial transparency and accountability at the Department of Social Affairs and Manpower of Baubau City.