Research On The Financial Problems And Countermeasures Of The Grass-roots Of A Town In Loudi City

This paper mainly cantered on the central issue which is the grassroots finance of S town in Loudi City.Basing on the detailed descriptions of the significance of the topic,and domestic and foreign research background,the paper focus on the core concepts of township financial management,which is a economic management activity run by township government who attempt to fulfill the functions of themselves to concentrate some parts of social resources and translate them into the financial expenditure in accordance with relevant laws and regulations.According to the law,basic-level governments organize the income by distributing and redistributing the national income for the township and at the same time take control and supervision of the process,which aim to meet the needs of the public service in local administrative areas.It also claims that grass-roots financial managements play role in cultivating financial resources,supervision and administration and public service,and further has an in-depth interpretation on the theoretical foundation from three aspects which are financial decentralization,public goods supply in rural areas and financial expenditure.During analyzing the financial condition and problems of S town,this article introduces the basic information and the financial situation and difficulties S town confronted in last 3 years,through parsing problems from the income,the expenditure and the financial supervision.In addition,it predicts threefold dilemma basic-level governments in China faced with,including the weak economic foundation,the substandard division of authorization and property ownership,the unregulated transfer payment system,and the improper expenditure,the poor supervision and the inadequate supply of public goods.To better solve the dilemma,this article discusses about the countermeasure and consideration,from a practical way,on the financial risks of townships in China through the revelation of the financial plight in S town.First of all,we must safeguard the relevant measures about the financial sources of income of the township,increase financial input to the grassroots,standardize budget management,optimize the financial system.Secondly,it is necessary to optimize the grass-roots financial expenditure structure,including the optimization of expenditure structure,create management system,build the performance evaluation system of the financialexpenditure to intensify supervision,as well as strengthen the monitoring mechanism of the financial expenditure,which can relieve financial budget positively and controlling strictly,and improve the supply of public goods in rural areas.The third is to improve the township financial capital supervision and supervision mechanism.