On The Legal Supervision System Of The Local Fiscal Budget

Budget supervision right is nowadays one of the important rights that is enjoyed by almost all the state legislative authorities, and it is called the right to control "the money pocket". During the complex process of the executing of public right, Budget supervision right can show the basic structure of the executive of the state public right, and can also describe the basic characteristics and development direction of the operation mechanism of a nation's fiscal democracy. Local budget supervision is a major part of the supervision of the local people's congress, and an important link of the local financial operation. It plays a significant role in maintainning the public quality of the local financal, and in promoting the democratization and scientification of the local govenemt budget decisions.In China, since the reformation of the budget management system in 1999, local budget reform becomes an important field of the budget system innovation. The capability of local budget supervision was unprecedentedly reinforced, and the rapid growth of the legal system concerning local budget supervision became a development direction that can not be ignored. However, through an analysis on the execution of the legal supervision system on the budget of Nankang city, in Jiangxi Province, and conditions from other areas of the Province, we can see a progress in its local budget supervision, but there still are a lot of deficiencies, such as, unreasonable budget establishment method, lack of legal support, and chaotic management system, etc. These problems prevent the local government and people's congress from exercising their supervision power and assuming their corresponding responsibility. Plenty supervisions on local budget still follow the old model, which focuses on the procedure but the essence, thus makes budget supervision system simply a form, unable to show the advantages of our system of the people being the masters of the country.Thus, considering these problems, through an analysis on the advanced experience from countries like America, France, Australia,and Japan etc. in their legal supervision on the local financial budget, and by combining their concrete practice with our local budget legal supervision system, and through methods like standard analysis and empiricalanalysis and comparative analysis, etc.,this paper puts forward methods and countermeasures concerning supervisions executed by legislative authorities, by the administrative department itself, and by the public, and also the corresponding responsibilities of the budget supervision, so as to make some beneficial exploration for the reform and improvement of our local budget supervision system. Future development of the local budget legal supervision should focus on its innovation and perfection, that is, the reformation of the management,system, and mechanism of the establishment, execution, and supervision of the traditional budget, and accelerate the perfection of the related law and local regulations, inviting new ways of supervision, thus directs local budget and its supervision into a broad road of development. We should objectively understand of the cooperative relationship between the people's congress and the government in budget supervision is needed, improve the legislative authorities' capacity in budget supervision, value the importance of an open budget, strengthen majorly the legal and effective way of supervision, and cooperate with the auditing departments, so as to improve the legal supervision system of our local financial budget, and make our budget supervision a substantive one. This is a practical materialism philosophy spirit in the development of socialism with Chinese characteristics, and it accords with the requirement of the scientific development concept, and it plays significant role in promoting a lawful management of finance, the establishment of socialist public finance, and in promoting the construtction of democracy and legal system on the local finance.