Extra-budgetary funds refer to funds that are self-supporting by local departments and enterprises and institutions in accordance with the provisions of the national financial system and financial system and are not included in the national budget. It is a necessary supplement to the national budget funds and has the characteristics of decentralization, legitimacy and specificity.
Extra-budgetary funds refer to all kinds of financial funds collected, withdrawn and arranged for use by state organs, institutions and social organizations in order to perform or act on behalf of government functions in accordance with national laws, regulations and rules with legal effect, which are not included in the state budget management. Ministry of Finance: "From 20111,all the income from extra-budgetary fund management will be included in budget management."
All kinds of additional income centrally controlled by local finance and related funds; Various special funds held by state-owned enterprises and competent departments; Administrative institutions self-supporting funds; Enterprise income not included in the budget by the central and local authorities; Administrative fees, funds and additional income as prescribed by laws and regulations.
Administrative fees approved by the State Council or the provincial people's government and its finance and planning (price) departments; Funds and additional income approved by the State Council and the Ministry of Finance; The subordinate units of the competent department shall pay the funds in a centralized way; Township self-financing and township co-ordination funds for township government expenditures; Other financial funds not included in the budget management.
Characteristics of extra-budgetary funds:
1, finance. Extrabudgetary funds are also financial funds, but they are not distributed centrally by the central government. The right to control and use belongs to the local finance and relevant administrative institutions, and the financial special account management method with two lines of revenue and expenditure is adopted.
2. specificity. Judging from the historical development process of extra-budgetary funds, in most cases, extra-budgetary funds are set up to ensure some special expenditures. The new enterprise financial system stipulates that extra-budgetary funds can be used as a whole without changing the nature of funds.
3. Disperse. Extrabudgetary funds are a kind of non-centralized funds, which are composed of various projects and used by various regions and administrative institutions respectively. No matter from the source of funds, or from the use of units and purposes, it is different from the budget funds.