| Public finance is the material basis for the modernization of state governance and the operation of all political powers.The budget directly affects a country’s governance capacity and governance level.After the reform of the tax-sharing system,the financial funds of governments at all levels began to be distributed downwards in the form of "special items" and "projects." This mode of fiscal expenditure has had many unexpected consequences for the grassroots society,such like,waiting for projects,projects loops,repeating projects etc,which makes the project budget made for nothing.As a new budget governance model,participatory budgeting provides new legal channels for ordinary citizens to participate in the process of budget preparation and budget execution and supervision in the form of dialogue and negotiation.As far as the current practice of participatory budgeting is concerned,most of the practice of participatory budgeting in China is concentrated on county and township government budgets,and rarely on the municipal government level.Townships and villages belong to the lowest level of government,and fiscal revenue relies too much on land finance and higher-level government finance,which brings great instability to the practice of participatory budgeting.The validity of participatory budgeting makes it popularized,but its limits is also the difficulty that its operation and development must overcome.In this paper,through the understanding of the national participatory budgeting practice model and comparative analysis,a more typical and representative grassroots participatory budgeting practice model is selected.Taking the Wenling model in Zhejiang,the Yanjin model in Yunnan and the Shunde model in Guangdong as examples,the respective meanings,causes,main contents and effects are compared and analyzed respectively,and then the commonalities and differences of the three practical modes are summarized.This paper focuses on the effectiveness and limits of grassroots participatory budgeting practices.In terms of practical validity,participatory budgeting is indeed the product of a combination of multiple subjects,which can improve the effectiveness of grassroots consultation democracy and grassroots government governance,and promote financial resources to be reasonable configurated.However,it still faces development limits such as inadequate legal system,limited economic development level and insufficient financial resources,participation level is mainly at the township and village level,the scope of participation is limited to public products and services,andgovernment-led development.It needs to be continuously constructed in breaking records in development.Combined with the above analysis,it proposes countermeasures and suggestions for the improvement and development of participatory budgets in terms of system construction and degree of legalization,participation channels,diversification of participating subjects,and review and supervision by the National People’s Congress,creating conditions for the operation and development of participatory budgets. |