Public maintenance funds generally refer to residential special maintenance funds. According to the Measures for the Administration of Residential Special Maintenance Funds, which came into effect on February 1 2008, the public maintenance funds are paid by the following departments:
Article 10 of the Measures for the Administration of Special Maintenance Funds for Residential Buildings: Before the establishment of the owners' meeting, the special maintenance funds for residential buildings deposited by commercial residential owners and non-residential owners shall be managed by the construction (real estate) department of the people's government of the city or county where the property is located.
Eleventh before the establishment of the owners' meeting, the special maintenance funds for the sold public housing shall be managed by the financial department of the people's government of the municipality directly under the central government, the city or the county where the property is located or the competent department of construction (real estate).
Article 15 After the establishment of the owners' congress, the funds deposited by the owners for residential special maintenance shall be transferred in accordance with the following provisions: (1) The owners' congress shall entrust a local commercial bank as the special management bank for residential special maintenance funds within the property management area, and open a special account for residential special maintenance funds in the special management bank. (two) the owners' committee shall notify the competent department of construction (real estate) of the local people's government of the municipality directly under the central government, city or county; Involving the sale of public housing, it shall notify the department responsible for the management of special maintenance funds for public housing. (3) The competent department of construction (real estate) of the people's government of a municipality directly under the central government, city or county or the department responsible for managing the special maintenance fund for public housing shall, within 30 days from the date of receiving the notice, notify the special account management bank to transfer the book balance of the special maintenance fund for housing deposited by the owners within the property management area to the special maintenance fund account for housing opened by the owners' meeting, and hand over the relevant accounts to the owners' committee.