Challenges In The Management Of Regional Property/Assets As An Optimization Of Fiscal Decentralization After The Implementation Of Law Number 1 Of 2022 Concerning Central And Regional Financial Relations (HKPD) In The City Of Depok

Abstract

It is understood that the presence of Law Number 1 of 2022 concerning Central and Regional Financial Relations (HKPD Law) is an important instrument in the implementation of fiscal decentralization in Indonesia today. In addition, the HKPD Law is an important means to accelerate the achievement of the main objectives of fiscal decentralization, namely the welfare of local communities, especially by optimizing Regional Original Revenue (PAD). One of the alternatives is through optimal management of regional assets to encourage regional economic growth, which in turn will have an impact on increasing PAD as a source of regional financing. Conversely, with regional assets that are not managed and utilized optimally, it will waste regional finances, namely the frequent discovery of regional asset maintenance problems that are not comparable to the benefits or benefits that can be generated from the existence of these regional assets. This study uses a qualitative method, and aims to determine the extent to which Depok City assets can be used as an alternative source of PAD after the implementation of the HKPD Law. The results showed that the Depok City Government's policy is in accordance with the current condition of regional asset management. However, the utilization of local assets is constrained due to the limited capacity of local governments. Optimizing the potential of regional assets requires a collaborative strategy between stakeholders. Optimizing fiscal decentralization for the welfare of the community is not only limited to the HKPD Law, but several reforms must be carried out in various policy areas, such as optimizing PAD through broader tax decentralization and its consequences, harmonizing and synchronizing regulations on the management of Regional Property (BMD) that are consistently related to regulations at the central level.