Evaluation And Improvement Of The Financial Capability Of The Provincial Government In Hunan Province

Under the tax system,a number of powers are transferred to the local government,the corresponding financial resources concentrated in the central government,making the local government to rely on the transfer of the central government to pay,and local government transfer payments rely on the local government financial capacity objective and accurate evaluation.The measure of the original financial capacity is a measure of the government’s fiscal revenue capacity,which ignores the financial capacity that the government needs to fulfill the supply of local public goods,which seriously affects the realization of local government objectives.Financial capacity Local governments can continue to derive financial income from social resources in their own resource endowments and the state’s fiscal system to provide public services to meet the public needs of the jurisdictions and to ensure the sustainable and sustainable development of the socio-economy.This paper describes the status quo of the financial capacity of the provincial government in Hunan province on the basis of the connotation,divides the local government’s financial ability into the financial income acquisition ability,the public service providing ability,the financial development ability and the financial control ability,and then uses the principal component Analysis of the provinces and cities in 2015 a comprehensive evaluation of the panel data,the provincial level of Hunan Province is not high financial capacity,and then for the index system in the weight of the indicators were analyzed and found that the provincial capital of Hunan Province,there are fiscal revenue The current situation is not high,the quality is not high,the proportion of people’s livelihood expenditure is low and so on,and then from the system,resources,economy,management of four factors to control the reasons for the construction of financial capacity,the imperfect system has affected the provincial level of government regulation,The difference of resources leads to the difference between the scale of fiscal revenue and expenditure and the developed areas in the east.The population structure affects the benefits of fiscal expenditure.The lack of economic structure hinders the optimization of the fiscal revenue structure.The imperfect local tax system has affected the steady growth of tax revenue,And the management of financial funds is to restrict the use of financial funds,the most And puts forward the ideas and countermeasures to strengthen the financial capacity building of the provincial level government in Hunan province.Therefore,it is of great significance to study the financial capacity of the provincial government of Hunan province under the new situation,to enhance the economic strength of Hunan Province,to speed up the transformation of government functions and to realize meticulous scientific financial management.