A Study On Theory And Practice Of Hunan Provincial Traffic Department Budget

As a financial planning of department, budget is not only the most importantpolicy document, but also a powerful tool which can transfer public will to publicpolicy and to achieving policy goals. Department budgeting starts from2000in ourcountry, and gradually a clear framework and main contents of the reform, inimproving the budget of the complete unity of orderly, fair and reasonable, securityand reliability, the scientific validity has been made a series of key stage results, suchas budgeting from the base to achieve a zero-based budgeting method to changes inthe budgeting process on the implementation of the two up two down programming, inthe management of financial resources to achieve by the dispersion payment to thecentralized management of change, inside and outside the capital budget mismatch toachieve a comprehensive budget management to change. With the gradual increase ofthe size of fiscal revenue and public finance framework, the establishment of ourdepartmental budget expenditure management has entered a new phase ofmanagement focus, people are more concerned about the expenditure budget, based onthe performance of increasingly high expectations of the Government, but alsotransparency of the budget have become increasingly demanding.Studying department budget, this paper is based on two theoretical basis, namelycontrol theory and principal-agent theory, then by analyzing the Provincial trafficdepartment budget2006-2011status and characteristics, we can tell the achievementsand problems since the reform of departmental budgeting. Further reflection andanalysis of the main reasons for these problems, and finally proposed to furtherimprove departmental budgeting, development of scientific norms, the introduction ofperformance budgeting; make sure the legal status of budget law, the right to adjustthe budget authority configuration; specification government finance, and strengthensupervision of the NPC review of the budget; detailed budget, to enhance budgettransparency to improve the management of departmental budget-related measuresand policy recommendations.