Existing Problems And Improvement Measures In Special Funds Management Of Vocational Higher Education Institutions

As China’s overall higher education reform deepens increasingly and China’s investment in higher education grows continuously.The 2019 government work report calls for "the central government’s substantial increase in investment in higher vocational colleges and local finance’s strengthened supports." As a crucial component of China’s higher education,higher vocational colleges have received a large amount of financial special funds to support their own career development.Higher vocational colleges have ushered in a leap forward in development.In recent years,China has put forward new requirements for the management of financial special funds.It is necessary to continuously strengthen the management of financial special funds,improve the reasonable utilization rate of financial special funds,and maximize the utilization benefit of financial special funds.This requires higher levels of management of financial special funds.Under such circumstances,this study compared the conventional and reformed pattern of special financial fund management mode.Then,taking S College,which was experiencing a transition in management mode,as the research object,this paper conducted an empirical analysis of its special financial fund management mode,and analyzed the advantages and disadvantages of the mode.Combined with relevant research findings at home and abroad,it was found that the prevalent problems existing in the special financial fund managementof China’s higher vocational colleges included a lack of scientific budgeting,extensive financial carryovers,insufficient internal supervision and management capabilities,and ineffective performance evaluation.Subsequently,an in-depth analysis of what caused these problems was carried out.Finally,budget management theory and target management theory were leveraged to address the above issues from four aspects: strengthening the budget management,elevating the execution efficiency of special financial fund,upgrading the internal supervision and management level of special financial fund,as well asoptimizing performance evaluation system.After that,countermeasures and suggestions were proposed,with a view to provide theoretical references for higher vocational colleges in China to better their management of special financial fund.