The Study On Budget Supervision Of Local Government

Government budget is the planning of the revenue and expenditure for one year. It determines the scope of expenditure and expenditure focus. Local government budget take an important role in the Financial System. Local government budgets are to assumed a more important function to the national economy.Socialism financial are taken from the people and used for the benefit of the people. However, at present our country's budget system is not perfect, especially in the budget supervision exist a series of questions, these problems made a far distance between our country budget implementation and the National People's Congress adopted, so the budget performance would not be starting to the appropriate role, which also inevitably produce corruption, generally, summed up the difficult which China's local governments budget supervision face, can be divided into the following areas: budget information is not open, non-transparent, which makes us can't find the budget supervision object; the lack of authority of the main budget, currently National People's Congress, Audit Institutions, social organizations and the media have failed to exercise any supervisory role they should be; budget legal system is not perfect, lack of appropriate punishment mechanism; Budget developing, implementation and adjusting are not norms, the process of budget developing and adjusting mixed too many artificial factors, not only damaged the authority of the budget but also increased supervision of uncertainty.The root cause of these difficulties is our country's public finance system is not perfect, which makes its own finances functions and budgeting developing themselves exist a lot of questions. even the functions of the government have not clear there is no motion to reform the financial problems.The situation of Budgetary oversight has created a tremendous impact, making the local government budget implementation process exists lots of corruption problems, and made the grass-roots financial are nervous, serious damage to the principle of public finance.Therefore in order to ensure the budget authority, the current term is to strengthen the supervision of local government budget use the public finance theory and the principal-agent theory as the support, learn some of the advanced experience from home and abroad, transformation the government functions, reform the intergovernmental relations, set up public finance system. Start from increasing the transparency of local government budget. Recommend the hearing mechanism, announcement system, the budget implementation of information sharing, in the budget formulation and implementation processImprove the financial e-government, to ensure the information of budget formulation, implementation could quickly known by people; Improve the main body of budget supervision, the first body is the National People's Congress, as the most important body, we can set a new department to supervise the budget, places a clear focus on the people's congress supervision of the budget, and then strengthen the role of the audit; optimize the government budget process, including budget approval time, the implementation process, reduce the implementation time of consider factors; strengthen budgetary supervision of the legal construction;Recommend the content of the performance monitoring, distinguished the actual situation between the different areas, made the different focus of supervision, at the same time. transform the functions of local government is the radical step, which finally made local governments'budget funds can be released into the areas it can be, to reform the relationship between the governments is an important measure to solve the financial problems, on the one hand it distinguished the different functions between the central and local government, on the other hand, alleviate the financial nervous of the local and grass-roots. In short, the strengthening of local government budget supervision can ensure the socialism financial open and transparent, taken from the people and use for the people's benefit, the budget supervision take a great significance to improve the level of people's livelihood, quality of public service .