Barangay governance plays a vital role in the empowerment of the local government units in the country. This is linked with the leader’s accountability, fairness, and transparency in the exercise of his duties and functions as a servant in his community. This study aimed to evaluate the governance of the Barangay Chairpersons in the Municipality of Ubay, Bohol. The researcher employed the descriptive survey questionnaire using quantitative design and a key informant interview using a qualitative approach. Results showed that the higher the IRA (Internal Revenue Allotment) given to the barangays, the more programs and projects are implemented because funds had been given to them as a subsidy for continuous developments. The results also indicated that majority of the Barangay Chairpersons were able to deliver very satisfactory public services in their barangays which also indicated that the core values of governance namely fairness, transparency and accountability were strengthened by the barangay chairmen during their term of office. The study concluded that the Local Government Code of 1991 paved the way for greater local autonomy to bring government closer to the doorsteps of the people.