Income from land transfer cannot be counted as fiscal funds. Before 2007, land transfer revenue was first put into extra-budgetary special account management, and then the balance after deducting cost expenditures such as land acquisition compensation, demolition costs, and land development expenditures was paid to the local treasury and included in the budget management of local government funds. In 2007, the state reformed the land transfer revenue management system. All land transfer revenue was paid into the local treasury and included in the local government fund budget. It implemented "two lines of revenue and expenditure" management and was accounted separately from the general budget and earmarked for special purposes. According to current policies and regulations, after the land transfer revenue is paid into the national treasury, the city and county finance departments will first set aside state-owned land income funds and agricultural land development funds according to the prescribed proportions, and pay the paid use fees for newly added construction land. The remaining part is collectively referred to as state-owned Land use rights transfer fee. Among them, the state-owned land income fund is specially used for city and county land acquisition reserves, including land compensation fees, resettlement subsidies, compensation fees for ground attachments and young crops, demolition compensation fees, and early land development expenditures. The provision ratio is determined by the provincial level. The people's government determines. Agricultural land development funds accrued (of which up to 30% can be concentrated at the provincial level) are specifically used for agricultural land development. The specific scope of use includes land consolidation and reclamation, development of unused land suitable for agriculture, construction of basic farmland, and improvement of agricultural production conditions. land development, etc. The paid use fee for newly added construction land is the income collected by the State Council or the provincial people's government from the city and county people's governments that obtain the newly added construction land when they approve the conversion of agricultural land and unused land into construction land. The city and county people's governments Revenue from land transfers is paid to the central and provincial levels according to prescribed standards. The paid use fees for newly added construction land will be divided 3:7 between the central and provincial levels, and will be used exclusively for cultivated land development, land consolidation, basic farmland construction and protection expenditures. State-owned land use rights transfer fees are mainly used for land acquisition and demolition compensation, land development, urban and rural infrastructure construction, and urban low-rent housing security.