1, different uses

The sources of local special funds are mainly budgetary funds, extra-budgetary funds, funds subsidized or allocated by higher authorities, government funds and transfer payment funds arranged by local financial departments;

The use of special financial funds is mainly the special undertakings such as infrastructure construction and development undertaken by local governments.

2. Different systems

The allocation of special funds is based on the principle of earmarking, strictly implement the use plan and project approval approved by project funds, and are not allowed to adjust, expand or shrink the project without authorization, and are not allowed to borrow, misappropriate, occupy or intercept it at will; The trend of fund allocation should be implemented according to the requirements of different special funds and should not be changed at will; Special circumstances, must ask for instructions.

And strict financial special funds preliminary examination, audit, audit system, no omissions and omissions, all kinds of special funds approval procedures, to the "special funds approval form" listed in the content and document requirements shall prevail.

3. Different characteristics

The special financial fund subsidizes small and medium-sized scientific and technological enterprises in the form of capital investment, the main purpose of which is to guide other capital investment, and the amount generally does not exceed 20% of the registered capital of the enterprise. In principle, it can be transferred according to law, or the investment can be recovered according to law in the form of cooperative operation within the prescribed time limit.

However, special funds are different from direct financial subsidies. They have strict management requirements. Before the establishment of the fund, the amount, purpose, object, payment method and subsidy method of the fund must be made clear.

Baidu encyclopedia-financial special fund

Baidu encyclopedia-special funds