Research On The Supervision Of Township Financial Funds Under The Township Financial Management System

The report of the 20 th National Congress of the Communist Party of China pointed out the revitalization of rural areas should be comprehensively promoted,and the investment of funds related to agriculture will be greatly increased,so the supervision of township financial funds is particularly important.In the past few years,under the background of tax and fee reduction,with the impact of the epidemic,the township financial income has inevitably been impacted.It is hard to keep balance between revenue and expenditure.How to “guarantee people ’s livelihood the basic wages,the basic operation of society”has become a key topic of government concern.At present,most of the townships in China implement the " township finance county management " fiscal system,while in Zhejiang Province,many townships with large financial scale still adopt the " township finance by township management " fiscal system.The functions of township finance in China are generally weakened,townships in the supervision of financial funds is not in place,there are still some problems.Based on this background,it is significant to analyze the current situation of township financial fund supervision in X District,which implements the mode of township financial management.This paper takes 12 towns in X district as a case study.,takes the supervision of township financial funds as the research object,analyzes the problems in the supervision of financial funds by applying the theory of public finance,the theory of fiscal decentralization,and the theory of fiscal supervision.Finding the three most important concerns in the supervision of township financial funds.First,the township financial system is not fit enough for the situation.Second,the professional support for the supervision of township financial funds is not enough,which is manifested in the lack of supervision personnel and the low level of personnel business.Third,the implementation of capital supervision is weak and the depth is not enough.Through interviews and questionnaires,the in-depth investigation found that the township financial system has not been adjusted in time,the motive of using funds under the weakened township financial institutions and political championship system,the imperfect supervision system of township financial funds make it difficult for the supervision of township financial funds to go deeper.In order to explore the dilemma of township financial fund supervision in X District,this paper puts forward corresponding solutions from the aspects of supervision system and fiscal decentralization.First,a timely and perfect township financial system,a reasonable division of powers and financial powers,improve the financial and expenditure responsibility equivalence mechanism,and establish a district-level financial supplement and balance response mechanism;second,strengthen number intelligence widely using,according to the characteristics of subsidy and project fund supervision,improve the efficiency of fund supervision through the system;third,deepen the working mechanism of fund supervision,compact the fund supervision responsibilities of township financial departments,unblock the information access mechanism between public disclosure and upper and lower financial departments,and district-level finance to strengthen guidance and supervision.This study proposes an optimized path for the supervision of township financial funds in X District,and can also provide reference for the supervision of township financial funds in other township-managed areas.