The Influence of COVID-19 and Other Determinants on Bogor City’s Local Revenue

Abstract

One manifestation of the successful implementation of regional autonomy is marked by the existence of regional independence in generating funds obtained from the maximum utilization of regional potential which is called Local Revenue (PAD). The high realization of PAD reflects the large capacity of the region to finance government and development. This study aims to analyze the growth of PAD annually, the level of income contribution of PAD compilers, effectiveness, and influence of COVID-19 and other determinants on PAD. The method used is descriptive analysis, contribution, effectiveness, and multiple linear regression with dummy variable. The object under study is Bogor City, using annual and monthly time series data for the January-December 2018-2021 period. The results of this study indicate that PAD is influenced negatively by Population (JP), PAD is influenced positively by the Local Tax (PD), Inflation (IN), and Other Legitimate Local Revenue (LLPADS). While PAD is not influenced by the Regional Retribution (RD), Results of Separated Regional Wealth Management (HPKDD), Entertainment Tax (PHi), Number of Hotel Business Units (JHo), and COVID-19.