Research On Budget Performance Management Of Financial Investment Projects

How to create the highest possible public benefits with the public cost as low as possible in order to improve the efficiency of resource allocation of public finance? This is the core issue of public budget. And by measuring project cost and performance assessment, budget performance management which closely combines the resource configuration and performance can promote the realization of public fiscal expenditure effect. Therefore, the following problems can be effectively solved by the target oriented budget performance management: how to set the budget performance objectives targets of financial investment project? How to monitor the process of project budget with performance targets? How to build the evaluation index system of project budget with performance targets? How to feedback and apply the evaluation result of project budget with performance targets?Theory and experience research of performance budget management at home and abroad have confirmed that performance budget management can effectively improve the efficiency of fiscal expenditure and public sector performance. Some standard modes of performance budget management have gradually formed, but there are still certain differences in the specific implementation of performance budgeting, because there are serious process decoupling problem of the policy process and budget, there are all kinds of uncertainty and the disadvantage of low efficiency in the budget process. Therefore, in order to make the research comprehensive and systemic, by literature research, case analysis and investigation method, this paper analyzes the budget performance management practice of financial investment project, and typically takes luojiang district agricultural comprehensive development projects in quanzhou as a case study. Not only comb the foreign successful experience and revelation such as "American model", "Singapore model", but also summarized domestic successful experience and enlightenment such as "Nanhai model", "Minxang model".The results show that: the reform of budget performance management in China has achieved some success since 2003, and the whole process of budget performance management has begun to be fully implemented, but there are still some problems,such as cognition not in place, system not being perfect, the pattern still being immature, technical support being weak, management not being comprehensive, results not being fully used and supporting reform not being synchronized. As far as the case is concerned, the reform of the whole process of the Luojiang district has begun to take shape, but this is not enough, for example mechanisms not being perfect, the lack of project preparation, target setting not being perfect, performance monitoring being a mere formality, evaluation being difficult to have the personality, results application not enough and supporting being the lack of synchronization. Therefore, according to the idea of optimization of the whole process of budget performance management, strategies to complete the budget performance management of fiscal investment project are presented.