ANALISIS RASIO KEUANGAN UNTUK MENGUKUR KINERJA KEUANGAN PEMERINTAH KABUPATEN TEGAL TAHUN 2016-2020

This study aims to analyze the financial performance of the Tegal Regency Government in 2016-2020. The object of this research is the financial performance of the Tegal Regency Government in 2016-2020, as seen from the Budget Realization Report (LRA). The analysis technique used is financial ratio analysis consisting of: degree of fiscal decentralization, regional financial dependence ratio, regional financial independence ratio and expenditure compatibility analysis. Based on the analysis that has been carried out, the results show that: 1) The degree of fiscal decentralization of the Tegal Regency Government in financing government activities in 2016-2020 is included in the level of fiscal decentralization in the "less" category where the ratio obtained is 15.42%. This shows that the level of authority and responsibility given by the central government to local governments is considered poor in the implementation of decentralization. 2) The ratio of regional financial dependence of the Tegal Regency Government in financing government activities in 2016-2020 is included in the "very high" category, where the ratio obtained is 77.21%. This shows that the dependence of Tegal Regency on the central government and/or provincial government is still high in financing government activities in Tegal Regency. 3) The ratio of regional financial independence of the Tegal Regency Government in financing government activities in 2016-2020 is included in the instructive relationship pattern, where the ratio obtained is 20.24%. This shows that the level of local government independence is very low. 4) The analysis of the compatibility of spending by the Tegal Regency Government during 2016-2020 shows that the allocation of funds for operating expenditures to the APBD is greater than the ratio of compatibility of capital expenditures.