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Wednesday, October 19, 2016

Bojonegoro Regency Government To Clarify Oil Production Sharing Funds


The district government of Bojonegoro, East Java, plans to clarify by asking the Minister of Finance for information regarding the decline in Revenue-Sharing Funds (DBH/RSF) for oil and gas from a target of IDR 1.4 trillion to IDR 910 billion. Head of the Regional Revenue Service of the Bojonegoro Regency Government, Herry Sudjarwo, is pessimistic that this clarification step will be successful, after seeing that the state budget has not improved. He said that the oil and gas RSF received by the region this year from the target of Rp 910 billion is still around Rp. 600 billion, as of October.

Looking at the budget year with only two months remaining, it is unlikely that there will be additional transfers of oil and gas RSF from the Government. We do not know how to regulate budget allocations in the Regional Revenue and Expenditure Budget (APBD) which have had to revise several times due to lower oil and gas RSF revenues. He explained that the region last year received an oil and gas RSF of Rp. 812.7 billion, but in the calculation, it turns out that there is still an excess of Rp. 59 billion which is calculated this year.

Thus, the excess revenue from oil and gas RSF last year was calculated this year so that the target for oil and gas RSF recovery is decreasing. The oil and gas RSF target is to decrease, plus there is a cut in the remaining oil and gas RSF channel from last year. He added that the targeted land and gas PBB acquisition target of Rp. 326 billion was also not realized because the acquisition was only Rp. 151 billion.

Bhirawa, Page-8, Wednesday, Oct 19, 2016

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