Guigang Municipal Finance Bureau Functional Information
(a) Implementing the national guidelines and policies on finance and taxation and other relevant policies, formulating the city's financial and taxation development strategies, planning, policies and reform programmes and organizing their implementation. Formulate the city's financial distribution policy and improve the transfer payment system. Participate in the formulation of the city's economic policy, put forward the use of fiscal policy to implement macro-control recommendations.
(ii) Drafting local laws and regulations on fiscal, financial and accounting management, draft government regulations and tax policy adjustment programmes, and supervising their implementation.
(C) Responsible for the management of all financial revenues and expenditures at the municipal level. Prepare the annual draft budget of the municipal level and organise its implementation. It organises the formulation of standards and quotas for expenditure, and examines and approves the annual budgets of departments (units). Entrusted by the Municipal People's Government to report to the Municipal People's Congress and its Standing Committee on the draft, implementation and final accounts of the financial budget. Responsible for government investment fund municipal level financially funded asset management. Responsible for the municipal budget public.
(d) Responsible for the management of government non-tax revenue according to the division of labour. Prepare the draft budget and final account of governmental funds. Manage financial bills. Regulating the lottery market.
(v) Organising the formulation of treasury management system, centralised treasury collection and payment system, and carrying out treasury cash management. To formulate methods for the preparation of government financial reports and organise their implementation. It is responsible for formulating the government procurement system and supervising and managing it.
(VI) To formulate government debt management system and policies. Manage the city's external government debt. Carry out foreign financial exchange work. Responsible for non-trade foreign exchange management of administrative institutions and social organisations.
(VII) Take the lead in preparing reports on the management of state-owned assets. Under the authorisation of the Municipal People's Government, centrally and uniformly perform the duties of contributor of state-owned financial capital at the municipal level. To formulate unified rules and regulations for the management of state-owned financial capital in the city. To formulate rules and regulations on the management of state-owned assets of administrative institutions and organise the implementation thereof, to formulate expenditure standards and expenditure policies that require unified city-wide regulations, and to manage state-owned assets of administrative institutions at the municipal level. It is responsible for the management of the city's official vehicles.
(H) the preparation of state-owned capital management budget draft, the development of state-owned capital management budget system and methods, is responsible for the municipal level enterprise state-owned capital gains revenue and expenditure management. Organise the implementation of enterprise financial system.
(ix) Preparing the draft budget of the city's social insurance fund, formulating the financial management system of the relevant funds in conjunction with relevant departments, and undertaking the financial supervision of the social insurance fund.
(j) Responsible for the management and supervision of municipal investment project funds, participate in the formulation of the city's capital investment policies, the development of infrastructure financial management system.
(xi) Responsible for managing the city's accounting work, supervising and regulating accounting behaviours, organising the implementation of the national unified accounting system, guiding and supervising the business of certified public accountants and accounting firms, and guiding and managing social auditing. Manage the work related to asset appraisal in accordance with the law.
(XII) complete other tasks assigned by the municipal party committee and the municipal people's government.
(XIII) Functional transformation:
1. Improve the macroeconomic regulation and control system, innovate the way of regulation and control, build development planning, finance, finance and other policy coordination and work coordination mechanism, strengthen the city's economic monitoring, forecasting and early warning capabilities, establish and improve the research of major issues and policy reserve working mechanism, enhance the macroeconomic regulation and control of foresight, relevance and synergistic.
2. Deepen the reform of the fiscal and taxation system. Accelerate the establishment of a modern financial system, promote the reform of the division of financial authority and expenditure responsibility, and rationalise the financial relationship between the city and the jurisdictions. Improve the system of transfer payments from municipalities to jurisdictions. Gradually unify budget allocation, fully implement performance management, and establish a comprehensive, standardised and transparent budget system with scientific standards and strong constraints. Fully implement the list management of government funds and administrative fees, and improve the supervision system. Promote the reform of the local tax system, and form a local tax system with unified tax laws, fair tax burden and moderate regulation.
3. Preventing and resolving government debt risks. Standardise the debt financing mechanism, build a ‘closed-loop’ management system, strictly control the risk of debt within the legal limit, focus on preventing and controlling the risk of hidden debt, and firmly guard the bottom line of no systemic risk.
(XIV) Division of responsibilities:
Non-tax revenue management division of responsibilities. The Finance Bureau is responsible for formulating and organising the implementation of the centralised collection system for non-tax revenues from the State Treasury, and is responsible for the management of non-tax revenue accounts, collection methods, and refund of payments and refunds. The Tax Bureau and other departments are responsible for the declaration and collection of non-tax revenues, accounting for non-tax revenues, inspection of contributions, recovery of arrears and penalties for violation of laws in accordance with the relevant provisions of the centralised collection of non-tax revenues from the state treasury and other relevant regulations, and the collection information of relevant non-tax revenues shall be shared in a timely manner with the financial departments.
