The Effect of Local Taxes, Special Allocation Funds, and Budget Surplus on Capital Expenditure in Regencies and Cities of South Sulawesi Province
DOI:
https://doi.org/10.54518/ebh.5.4.2026.1477Keywords:
Budget Surplus, Capital Expenditure, Local Government, Local Tax, Special Allocation FundAbstract
Regional fiscal capacity plays a crucial role in infrastructure investment. This study examined the effect of local taxes, special allocation fund, and budget surplus on capital expenditure in regencies and municipalities in South Sulawesi Province. The research employed a quantitative approach using secondary data obtained from the budget realization reports of 24 local governments during the 2020–2024 period, collected from the audit board of the Republic of Indonesia. Since the population consisted of all regency and municipal governments, a saturated sampling technique was applied, allowing the entire population to serve as the research sample. Panel data regression analysis was conducted using EViews version 13. The findings revealed that local taxes, special allocation fund, and budget surplus each had a positive and statistically significant effect on capital expenditure. Furthermore, the simultaneous test confirmed that the three independent variables jointly exerted a significant influence on capital expenditure across regencies and municipalities in South Sulawesi Province. The findings imply that local governments should strengthen local tax collection, optimize the utilization of special allocation funds, and manage budget surpluses more effectively to increase capital expenditure, improve public infrastructure, enhance service quality, and promote sustainable regional economic development.
References
Agustini, S., Indradi, D., Setia Dharma, S., & Irawati, W. (2022). Mengenal pajak daerah dan retribusi daerah (PDRD) lebih dalam. Surabaya: Cipta Media Nusantara.
Ambya, A. (2023). Ekonomi keuangan daerah. Lampung: CV. Anugrah Utama Raharja.
Angelina, C., Janice, J., Clarina, C., Fanjaya, W. W., & Jesisca, J. (2020). Pengaruh pertumbuhan ekonomi, pendapatan asli daerah (PAD), dana alokasi umum (DAU), dan sisa lebih perhitungan anggaran (SiLPA) terhadap pengalokasian belanja modal (studi kasus pada pemerintah kabupaten/kota di Sumatera Utara). Owner: Riset & Jurnal Akuntansi, 4(1), 138-147. https://doi.org/10.33395/owner.v4i1.182.
Anggoro, D. D., Indriani, & Hikmat, R. A. A. (2023). Pajak daerah dan retribusi daerah dalam kebijakan hubungan keuangan pusat dan daerah. Malang: UB Press.
Basuki, A. T. (2021). Analisis data panel dalam penelitian ekonomi dan bisnis (dilengkapi dengan penggunaan EViews). Yogyakarta: Cahaya Harapan.
Elfrianto, & Lesmana, G. (2022). Metodologi penelitian pendidikan. Medan: UMSU Press.
Fahrezi, F., Hasanah, N., & Ulupui, I. G. K. A. (2021). Pengaruh pendapatan asli daerah, dana alokasi umum, dan sisa lebih pembiayaan anggaran terhadap belanja modal. Jurnal Akuntansi, Perpajakan dan Auditing, 2(1), 141–157. https://doi.org/10.21009/japa.0201.09.
Government of the Republic of Indonesia. (2014). Law Number 23 of 2014 concerning Regional Government.
Government of the Republic of Indonesia. (2019). Government Regulation Number 12 of 2019 concerning Regional Financial Management.
Jensen, M. C., & Meckling, W. H. (1976). Theory of the firm: Managerial behavior, agency costs and ownership structure. Journal of Financial Economics, 3(4), 305–360.
Junaidi. (2010). Tabel distribusi F. Jakarta: WordPress.
Kuntari, Y., Chariri, A., & Prabowo, T. J. W. (2019). Capital expenditure of local governments. Academy of Accounting and Financial Studies Journal, 23(1), 1-13.
Mahardika, S. A., & Riharjo, I. B. (2019). Pengaruh pendapatan asli daerah dan dana alokasi umum terhadap belanja modal dengan pertumbuhan ekonomi sebagai variabel pemoderasi. Jurnal Ilmu dan Riset Akuntansi, 8(11), 1–16.
Marliana, R., Prasetyo, A. S., & Yulianto, P. D. (2022). Pengaruh pendapatan asli daerah (PAD), dana alokasi umum (DAU), dana alokasi khusus (DAK), dana bagi hasil (DBH), dan sisa lebih pembiayaan anggaran (SiLPA) terhadap belanja modal di Provinsi D.I. Yogyakarta tahun 2013–2020. Jurnal Riset Akuntansi dan Bisnis Indonesia, 2(2), 620–640. https://doi.org/10.32477/jrabi.v2i2.489.
Masdar, R. (2025). The effect of locally-generated revenue, general allocation fund, special allocation fund, and revenue sharing fund on capital expenditure of regencies and municipalities in Indonesia. E-Jurnal Akuntansi, 35(12), 100–116. https://doi.org/10.24843/EJA.2025.v35.i12.p14.
Maulana, F., & Fadhlia, W. (2020). Pengaruh pendapatan asli daerah, dana alokasi khusus, dan luas wilayah terhadap belanja modal pada pemerintah kabupaten/kota di Provinsi Aceh. Jurnal Ilmiah Mahasiswa Ekonomi Akuntansi, 5(3), 362–371.
Minollah. (2020). Pajak daerah (kajian teoritik dan konseptual). Mataram: Pustaka Bangsa.
Muchtar, M. F., Abbas, D. S., & Santoso, S. B. (2024). Pengaruh pajak daerah, retribusi daerah, dana alokasi umum dan dana alokasi khusus terhadap alokasi belanja modal. Muqaddimah: Jurnal Ekonomi, Manajemen, Akuntansi dan Bisnis, 2(1), 21–34. https://doi.org/10.59246/muqaddimah.v2i1.571.
Mulyana, M., Din, M., Mustamin, M., Amir, A. M., Karim, F., & Betty, B. (2022). Local government own-source revenue and general allocation funds on capital expenditure: Economic growth as moderating variable. Arthatama: Journal of Business Management and Accounting, 6(1), 44-54.
Murti, S., & Trisnawati, R. (2021). Pengaruh pajak daerah, retribusi daerah, lain-lain pendapatan asli daerah yang sah, dan dana alokasi khusus terhadap belanja modal. Perspektif Akuntansi, 4(2), 105–119. https://doi.org/10.24246/persi.v4i2.p105-119.
Onofrei, M., Oprea, F., Iaţu, C., Cojocariu, L., & Anton, S. G. (2022). Fiscal decentralization, good governance and regional development—Empirical evidence in the European context. Sustainability, 14(12), 70-93. https://doi.org/10.3390/su14127093.
Priyatno, D. (2023). Olah data sendiri analisis regresi linier dengan SPSS dan analisis regresi data panel dengan Eviews. Yogyakarta: Penerbit Andi.
Purnama, A. A., & Qibthiyyah, R. M. (2025). Analysis of the flypaper effect in personnel expenditure: evidence from Indonesian local governments. Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik, 10(4), 427-436. https://doi.org/10.33105/itrev.v10i4.1289.
Putri, A. S., Muchtolifah, M., & Sishadiyati, S. (2021). Analisis pengaruh pendapatan asli daerah, dana alokasi umum, dan dana alokasi khusus terhadap belanja modal. Jambura Economic Education Journal, 3(2), 85–92. https://doi.org/10.37479/jeej.v3i2.10985.
Saud, I. M., Asterina, E., & Trisha, G. F. (2020). Factors affecting capital expenditure allocation: Empirical evidence from regency/city government in Indonesia. Journal of Accounting and Investment, 21(2), 289-311. https://doi.org/10.18196/jai.2102150.
Sepriadi, A., & Mulyani, E. (2021). Pengaruh pertumbuhan ekonomi, dana alokasi umum, PAD, sisa lebih pembiayaan anggaran, dan luas wilayah terhadap belanja modal. Jurnal Eksplorasi Akuntansi, 3(2), 400–413.
Somantri, A. A., Kadang, J., & Rahim, A. (2025). Government financial management review: the impact of government spending and budget surplus (SiLPA) on regional development. Indonesian Treasury Review: Jurnal Perbendaharaan, Keuangan Negara dan Kebijakan Publik, 10(3), 188-205. https://doi.org/10.33105/itrev.v10i3.1356.
Sugiyono. (2018). Metode penelitian kuantitatif, kualitatif, dan R&D. Bandung: Alfabeta.
Telaumbanua, N. E., Doloksaribu, M., Sirait, C. D., & Malau, Y. N. (2021). Pengaruh PDRB, PAD, dana berimbang, SiLPA terhadap belanja modal pada kabupaten/kota Provinsi Sumatera Utara tahun 2013–2017. Jurnal Paradigma Ekonomika, 16(1), 1–10. https://doi.org/10.22437/jpe.v16i1.12072.
Tiyas, E. A., & Wuryani, E. (2022). Pengaruh pendapatan asli daerah, dana alokasi umum, dana bagi hasil, dan sisa lebih pembiayaan anggaran terhadap pengalokasian anggaran belanja modal pada kabupaten dan kota di Provinsi Jawa Timur. Jurnal Akuntansi Akunesa, 10(3), 22–33.
Yusuf, M., & Galuh, A. K. (2023). Pengaruh pajak daerah, DAU, dan DAK terhadap belanja modal kabupaten/kota Provinsi Jawa Barat tahun 2016–2021. Journal of Development Economic and Social Studies, 2(3), 645–657. https://doi.org/10.21776/jdess.2023.02.3.15.
Zhafira, N., & Sastri, E. T. (2023). Pengaruh pajak daerah, retribusi daerah dan dana alokasi khusus terhadap belanja modal pada kabupaten/kota Provinsi Bali. Sosmaniora: Jurnal Ilmu Sosial dan Humaniora, 2(3), 306–313.
Downloads
Published
How to Cite
Issue
Section
License
Copyright (c) 2026 Puti Lia Maharani, Sri Hartaty, Maulidia Berlianti
This work is licensed under a Creative Commons Attribution-ShareAlike 4.0 International License.
