Countermeasure Research On Revitalizing County-level Financial Stock Funds

Since the reform of the tax decentralization system in 1994,through a series of reforms,such as the national treasury centralized payment,departmental budgeted.Mobilizing the enthusiasm of the central and local two levels of government,improving the efficiency of the use of public funds and constructing the public finance system have played a greater role.However,the traditional budget management system of the inertial impact of Treasury centralized payment system is not completely constraint,from central to local,a large number of financial capital account layers of accumulation in the Treasury and department.According to the location of division,mainly to the state treasury and financial account deposits.A large number of funds in the financial agglomeration on account of the Treasury,to the state Treasury cash management become a new problem,and financial accounts free from the budget of extracorporeal circulation,become the financial supervision and social supervision,beyond its budget,become "vacuum" of financial regulation and social regulation,unreasonable breeding,and even illegal fiscal spending.In the government's financial revenue growth decline,the people's livelihood in the field of financial expenditure increased rigidity,local debt high built in the background,to revitalize the financial stock funds become a priority.So from 2013 to 2016,through a series of measures of F country in Zhejiang province such as all diameter budget reform "Income is suggested,compile for universal use,expenditure over budget",fiscal Treasury centralized payment system and regular cleaning mechanism to reduce the stock of fiscal funds.Based on the theory of the state Treasury management,through a series of trying to F county,Zhejiang province,the empirical analysis of the implementation of the reform effect and limitation,combined with the United States Treasury management theory and practice analysis,a deeper analysis of the defects in the county reform try F and can be drawn lessons from foreign advanced experience,this article explores through perfecting budgeting,deepen the Treasury concentrated payment system,and strengthen the state Treasury cash management in order to revitalize the realistic approach to the capital stock of county level finance.