Study On The Zero-based Budget Application In Special Funds Budgeting Of A Local Government

"Preparedness ensures success and unpreparedness spells failure", this archaism states the below truth, before you do anything, you should go through the process of detailed planning and advance counsel. Modern society budget management originated in the west, after constantly practice change, the budget has developed to a comprehensive management system from a single plan function. Zero-Based Budgeting(ZBB) which is an advanced budget establishment method plays an important role in government budget. However, in fact, Zero-Based Budgeting is not as good as we wish. It was put into practice since 1970 s, and faded out people’s field of vision in the middle of 1980 s gradually. A large number of studies of foreign scholars have shown that Zero-Based Budgeting is not adapted to government budget. It is interesting that china government have vigorously advocated and promoted Zero-Based Budgeting since 1990 s. Ministry of Finance suggested that ZBB should be adopted when the department budgeting of the central government was preparing. Local governments at various levels also raised a hot wave of Zero-Base Budgeting reform.In order to the answer, the author analyses the pros and cons of the implementation of ZBB particularly. Then the author carries on a case analysis of M county budgeting of special funds, Introduces the M county situation, M county in the budgeting process, and M county special funds in the budgeting process problems, analyzes the cause of the problem. This article takes county government budget management as the research object, it is from the bottom of the zero-base budget feedback test research, and the conclusion is helpful to further improve the government budget reform from top to bottom. The study shows that government budgeting of county M is not true ZBB but Target-Based Budgeting likely while many local government declare that the zero-base budgeting has widespread implementation domestically. The fact of affection of ZBB in county M is fiscal capacity, technical assistance and institutional restriction. Finally, the paper evaluates Zero-based budgeting for M county in the application of special capital budgeting, and puts forward Suggestions for the problems from three aspects. Firstly, County M should improve the financial ability to stress the importance of open source, it is suggested that M county according to their own advantages to develop cultural tourism industry, promote economic development, increase the fiscal revenue; Secondly, start to strengthen personnel quality training, technology upgrade to the specific spending with the department budget, strengthen the accuracy of department budgeting, improve the work efficiency of department budgeting, financial department should strengthen their professional skills training, improve their ability to evaluate special spending programs; Lastly, propel system reform, promote the improvement of the law of budget further to reduce or even eliminate other law’s impact on local government budget work.