Theoretically speaking, the public maintenance fund belongs to the owner and should be decided by the owner himself. Now all localities are basically managed by the Housing Authority. The Measures for the Administration of Property Maintenance Fund stipulates that the owners' committee shall set up a special account in the designated bank in the community where the owners' committee is established, transfer the maintenance fund to the special account and use it according to the regulations, and the relevant departments of the Housing Authority shall supervise it. However, in reality, the development of different regions is very uneven, and the northern and southern regions are doing better. Other fields are difficult to be managed by the industry Committee. Because the industry committee is a loose and completely spontaneous organization with unstable organizational structure, there are not many industry committees that can persist for a long time and operate well at present, so it is really worrying to entrust such a large sum of money to an extremely unstable organization for management.
Attachment: Chapter II of the Measures for the Administration of Residential Special Maintenance Funds is deposited.
Article 6 The owners of the following properties shall deposit special residential maintenance funds in accordance with the provisions of these Measures:
(a) residence, except that it is jointly owned by the owners and does not use parts and facilities with other properties;
(2) Non-residential buildings in residential quarters or non-residential buildings connected with single residential structures outside residential quarters.
If the property belongs to the sale of public housing, the selling unit shall deposit special maintenance funds for the house in accordance with the provisions of these Measures.
Article 7 The owners of commercial residential and non-residential houses shall deposit special maintenance funds for houses according to the construction area of their own properties, and the amount of the first special maintenance funds for houses shall be 5% to 8% of the construction and installation cost of local houses per square meter. The competent departments of construction (real estate) of the people's governments of municipalities directly under the central government, cities and counties shall, according to local conditions, reasonably determine and announce the amount of the first-phase residential special maintenance fund deposited per square meter of construction area, and make timely adjustments.