Research On The Optimal Path Of Township Fiscal Expenditure Supervision

As an important part of improving financial management,the goal of fiscal expenditure supervision is to carry out supervision through the three dimensions of security,compliance and effectiveness,to achieve the safety,fairness and efficiency of fiscal expenditure.Years of fiscal expenditure management reform,has improved the township fiscal expenditure.But the situation is still not optimistic.For example,the distribution and use of financial resources is not reasonable,the softened budget constraints,financial management in a relative chaos,especially in the use of agriculture related funds management,misuse,interception,misappropriation,embezzlement of funds and other financial discipline violation cases,happening regularly,forming an ill trend.Given the background of the new normality of rural income financial difficulties,tipping of the fiscal balance,it becomes apparent that it is urgent to put the improvement of supervision level of township fiscal expenditure on the agenda particular.The paper takes the township of S in the city of Shangrao as an example,using a combination of field research,and seminars held by township's and township stations' the financial departments,individual interviews,case analysis,combined with the literature research,deductive method and other research methods,aiming to conduct a through analysis on the 2011-2015 S township's financial revenue and expenditure,as well as the special inspection of fiscal expenditure.The paper points out the achievement of a series of reforms like village-finance-supervised-by-county reform and the treasury centralized payment system reform,and also points out the necessity of strengthening the supervision of township fiscal expenditure.The paper further locates the risk and supervision bugs in the main procedure and key steps of the township fiscal expenditure process,with the tool of financial supervision and fiscal expenditure management,aiming to dig out the deep roots of the problems.The paper conduct specific analysis on cause of the existing S township fiscal expenditure supervision.Three main problems are found: flabby regulation of fiscal expenditure,referring to slack of awareness of regulatory responsibility,backward regulatory means,passive financial supervision;problematic supervision mechanism,referring to regulatory responsibility not straightened out,the lack of follow-up supervision mechanism;grass-roots finance construction lagging behind,referring to the team building in need of strengthening,unsound regulatory agencies andinstitutions.In addition,this article selected two typical cases in recent Shangrao city grass-roots agricultural fund corruption cases,the one being the grass-roots financial personal embezzlement of agricultural subsidies,the other being a village cadres cheating,taking special fiscal fund case.Through the analysis of the case and modus operandi,the paper tries to dig out the roots of the problems,to give a reflection to regulatory loopholes,to categorize the risks,to find the "prescription" to the illnesses.In addition,this article focuses on the safe and efficient operation of township finance,aiming to prevent the violation of law and regulations,applying the concept of "big supervision" in the practice of township fiscal expenditure supervision,and to make a constructive discussion on how to extend the regulatory tentacles under the new normality,how to expand the depth and breadth of supervision.This paper proposed some suggestions on the establishment of the new management idea,optimization of the supervision mode,improvement of the supervision method,and strengthening of the peripheral nerve of the strong expenditure supervision.The paper suggests that supervision should extends to the whole process,with priorities to certain major steps,to achieve the effectiveness of supervision,focusing on building a comprehensive,systematic "big supervision" on the basis of financial supervision.The paper proposed classified regulation according to the categories and characteristics of township finance,extension of checking,strengthening the financial internal cross audit,to ensure that all posts are covered by supervision such as review posts,so as to provide helpful references for improving the fiscal expenditure supervision level,and breaking the development dilemma of the township under the new normality.Of course,township fiscal expenditure supervision being a complicated system,it would time to bring any material improvement of supervision level;it would take concurrent change to address new situations;it would take the widening of the regulatory perspective;it would take co-ordination of the construction of supervision system,giving priority to the coordination,scientificness and effectiveness of supervision to realize a more effective supervision of township fiscal expenditure.