Value for Money Analysis in Measuring Financial Performance at the Makassar Agricultural Quarantine Center

Abstract

This study aims to determine the financial performance of the Makassar Agricultural Quarantine Center in 2018-2020 in terms of economic, efficiency, and effectiveness elements. This study aims to collect data on the realization of financial achievements contained in the Financial Statements and Performance Reports (LAKIN) of the Makassar Agricultural Quarantine Center for 2018-2020. The data analysis technique used is quantitative descriptive analysis on economic, efficiency, and effectiveness measurements. The results showed that the financial performance of the Makassar Agricultural Quarantine Center in 2018-2020 in terms of economic, efficiency, and effectiveness elements almost met the Value for Money requirements, where each aspect almost reached the maximum ratio value. In 2018, the financial ratio was 99.59%, the efficiency ratio was 92.70%, and the effectiveness ratio was 114.74%. Then in 2019, the economic, efficiency, and effectiveness ratios were 98.83%, 97.42%, and 115.30%, respectively. Meanwhile, for 2020, the financial ratio is 95.84%, the efficiency ratio is 71.46%, and the effectiveness ratio is 109.12%.