The Research On Performance Evaluation System For Financial Expenditure

Since relative western countries proceed ’the new public government movement’ in1980s, financial performance evaluation has been in the trend, and several international organizations such as the World Bank and IMF has established relative performance evaluation institution and system. Nowadays, how to promote effect and efficiency of financial performance is a basic problem the developing countries have to face. Many developing countries are busy studying and constructing performance evaluation institution, and Malaysia and Korea have done well. China has definitely proposed to establish financial performance evaluation system in2003, and the whole government system begins to evaluate financial performance. However, the construction of financial performance evaluation system can not be completed in a short time, and it will be perfected in practice.Based on the related literature at home and abroad, this article combines with economics, politics, public finance and public management and so on related theories; Constructs a framework of the local performance evaluation system of financial expenditure; designs the four levels of performance evaluation index system of the comprehensive performance evaluation, department performance evaluation, unit performance evaluation and project performance evaluation; and at the same time uses the specific data of hainan province to carry empirical analysis. At last this paper summarizes the problemes faced for local financial expenditure performance evaluation in China, and points out the direction we should develop in the performance evaluation practice and theory research.The first chapter is the introduction of this paper. It briefly introduces the background and realistic significance of this topic of the financial expenditure performance evaluation, briefly reviewes the present theories and practices at home and abroad on financial expenditure performance evaluation, clear the main content and research method of the paper, and summarizes the main ideas and innovative points of the paper.The second chapter expounds the basic connotation and characteristics of financial expenditure performance evaluation from a theoretical perspective, and explains the followed general theory and principles to construct a theoretical base for the performance evaluation system of financial expenditure.The third chapter constructs the performance evaluation system of financial expenditure using the system analysis method, including five parts such as organization system, index system, standard system and method system and institution system.The fourth chapter designs the county’s comprehensive criterion system of performance evaluation. On basis of the data of Hainan’s eighteen counties, the empirical analysis of financial comprehensive performance evaluation expresses as follows:the economic development condition is a long-term factor that influences comprehensive performance evaluation, but it does not matter exclusively, because the rich financial revenue can guarantee the economic and social development financially, but whether the public funds function well is to the point. Therefore, to obtain excellent financial performance, richer financial level, higher overall financial usage and reasonable financial structure function integrally. And the typical counties of Hainan developing differently generally do not form effective and stable comprehensive performance increase mechanism.The fifth chapter designs the transportation department’s criterion system of financial performance evaluation. On basis of the data of Hainan’s Ministry of Transportation, the empirical analysis of financial departmental performance evaluation expresses as follows:as a whole, the comprehensive performance level of Hainan’s Ministry of Transportation shows well, and it benefits from the high grades of economic and efficient criterion. That demonstrates the excellent competence of operational and financial management, and the cost control and spend management is strict. At the same time, the destination of policy is definite and the application effect is good. However, the shortage of rigid management and strict prevention leads to the lower grades of the accident and economic loss criterion. In the future, the transportation department needs to strengthen the management of manning quotas, the usage of fixed assets, project budget and department budget, in order to promote the usage efficiency of financial funds.The sixth chapter designs the middle school’s criterion system of financial performance evaluation. On basis of the data of Hainan’s five middle schools, the empirical analysis of financial sectional performance evaluation expresses as follows: the five schools have different performance evaluation, of which Hainan middle school has good grades in economic, efficient and effective aspects, and Sanya first middle school has average grades, Baoting middle school lowest in economic aspect, Changjiang middle school lowest in efficient aspect, Lingao middle school lowest in effective aspect. The evaluation shoes the following problems of the five middle schools:the expenditure structure and level has to be promoted; it is difficult to guarantee well the innovation capability and enrollment quotas; the fundamental conditions have to be advanced; Lingao middle school has poor financial competence, and Changjiang middle school is in financial trouble. Also, humanized management and quality-oriented education plays an important role in performance evaluation.The seventh chapter designs the sewage treatment’s criterion system of financial performance evaluation. On basis of the data of Hainan’s Changliu sewage treatment corporation, the empirical analysis of financial sectional performance evaluation expresses as follows:as a whole, the corporation functions well and gets82grades. And the corporation has to go further:it should recycle the sludge; the technology design ought to be advanced; to construct the recycled water system; to increase the upper investment; to strengthen the government supervise and enforce the communication of relative corporations.The eighth chapter makes proposition on basis of the practical problems of financial performance evaluation, such as institution construction, the reasonable design of criterion system, the adequate proportion of every criterion and the good application of evaluation effect, and so on. In a word, we need to strengthen the theoretical research, further practice, data accumulation, effect application and social environment. In the end, the author has a gross observation on the construction and application of financial performance evaluation system, and abstracts the basic points. At the same time, the author analyses the inadequate aspects and leads to the field of future study.