Research On The Construction And Application Of The Adjustment Mechanism Of Financial Higher Education Funding In Jiangsu Province

Jiangsu Province adheres to the goal of building a strong education province and taking the lead in basically realizing education modernization.It needs to continuously increase financial investment in higher education,but there are still many problems in the investment process.The adjustment mechanism of guaranteed education funding lacks performance thinking and result orientation.Developmental funding investment is not scientific and rigorous enough in the selection and use of performance management methods,and it has not been effectively supported by performance evaluation during the implementa tion process.Project management and use of capital expenditures are not perfect.Therefore,it is of great value to construct a scientific and reasonable investment adjustment mechanism and to rationally allocate government educational resources.This study systematically combed the current state of financial investment in higher education in Jiangsu Province and the adjustment mode,and found that the overall scale of financial investment in higher education in Jiangsu Province has steadily increased,but the regional distribution of financial high-level education funds is not balanced.The provincial fiscal investment adjustment method for higher education is relatively simple and rigid,and it does not yet fully reflect the concept of performance management.On this basis,this research is based on the following principles:(1)Led by the performance concept;(2)Highlight the characteristics,pay attention to weaknesses,and avoid homogeneity;(3)“People-oriented”,pay attention to the per-student funding standard,and build a fiscal investment in higher education in Jiangsu Province Regulatory mechanism.The financial higher education funding is considered from two parts: security funding and development funding.The security funding mechanism introduces third-party evaluation factors for colleges and universities for the incremental part of the year to adjust;development funding fully considers performance and introduces performance Coefficient and negative performance coefficient,design the development fund input adjustment formula to adjust the input.This study puts forward the necessary measures to ensure the implementation of this mechanism accordingly.Afterwards,two provincial universities in Jiangsu Province with similar nature,school-running levels,and discipline settings were selected to apply this mechanism.After calculation,it is found that the mechanism constructed by this research can more effectively reflect the guiding effect of performance,and the incentive effect on colleges and universities is more obvious.