The concept of fixed fund in public institutions is sometimes called fixed asset fund, which is occupied by fixed assets held by public institutions [edit this paragraph]. The fixed fund of public institutions is characterized by 1, which has limited use and belongs to the net assets with limited use;

2. There are a wide range of sources, including the formation of fixed assets purchased and constructed by appropriation, the formation of fixed assets purchased and constructed with own funds, the formation of fixed assets leased by financing, and the formation of fixed assets donated at a loss;

3. Equivalent to the original price of fixed assets. The fixed assets of public institutions are not depreciated.