An Exploration Of Town Level Financial Management System Reformation In Xiaoshan District Of Hangzhou City

The Third Plenary Session of the Eighteen confirms the reform of the financial system as an important content, establish the finance as the foundation and important pillar of national governance system. As the main part of the financial system, the reform of tax sharing system, in order to ensure the central local two levels of financial resources, play an important role in the establishment of long-term operation mechanism. However, the tax sharing fiscal system without explicit financial system below the provincial level, there are not unified, not standardized, the phenomenon of the imperfect financial system below the provincial level. Township finance as a special part of the financial system below the provincial level, to provide equal public services, ensure the livelihood of the people, has a special role in promoting the urbanization process. At the same time, it is necessary to strengthen the budget management of township finance and the requirements of township capital control, as increasing of fiscal expenditure scale of town level, when various types of agricultural funds directly related to the vital interests of farmers. Especially in the background of the "province governing county", Xiaoshan town level fiscal system reform is typical and innovation.According to the arrangement of financial management system the system, combined with the features of Xiaoshan’s economic development, Xiaoshan town level financial management system play a certain role in incoming growth, improving the stability in the income structure, optimizing the expenditure structure, also do some exploration clearly in the scope of income and expenditure, improving the livelihood of the people, and providing equal public products and service. Especially with the reform of the administrative system, it carry out small city develop pilot, platform fiscal "balancing",which is of great significance to improve the financial structure, and worth promoting in the country. Analysis the beneficial exploration in the town level public financial management and expound the operation performance, through the analyzing the evolution and the innovation of Xiaoshan. According to the existing town of Xiaoshan district level financial management system problems and the causes, on the basis of public finance theory, the theory of fiscal decentralization, fiscal transfer payment theory to carry on the discussion, put forward some suggestions on Hangzhou town of Xiaoshan district level financial management system reform:First of all, it is the balance of payments divided system establishment expenditure responsibility commensurate with the financial resources; Second,it is the establishment of improve the district town finance layer and the urbanization construction; Third, it is the establishment of a fair, efficiency, standardize the transfer payment system of the rule of law; Fourth, it is built to ensure that local tax sources for local tax collection and management system; Fifth, it is to set up the town level budget management system in modern financial management.