Official Ladder [Grassroots Civil Servants]

Back at the Municipal Party Committee, Mayor Hu Hao brought Finance Director Li Detian and Deputy Director Zhou Xiong to report on the work.

Seeing the lineup, Wang Hongtao roughly guessed what was going on.

Hu Hao said: "Secretary, after the audit, the financial situation of Xiancheng City has basically been straightened out. Let Director Zhou report."

Zhou Xiong is the former director of the Xiancheng City Finance Bureau, and now serves as the deputy director of the Chang'an City Finance Bureau. He knows the situation best, and said: "Secretary, as of the date of the merger of the two cities, the local general public budget revenue of Xiancheng City has reached 107.68 billion yuan, compared with the previous year. An increase of 18.7%. The general public budget expenditure completed 428.7 billion yuan, 97.1% of the adjusted budget. The balance of the city's fiscal revenue and expenditure is as follows:

全市一般公共预算收入107.68亿元，加上上级补助收入292.88万元、一般债券转贷收入31.86亿元、调入预算稳定调节基金13.4亿元、调入资金28.95亿元、上年结余10.7亿元后，收入总计485.5亿元。

全市一般公共预算支出428.7亿元，加上上解上级支出5.2亿元、债务还本支出19.3亿元、补充预算稳定调节基金19.57亿元、调出资金567万元后，支出总计472.87亿元。

Balance between income and expenditure, the balance was 12.61 billion yuan.

The budget of government-managed funds balances out revenue and expenditure, with a balance of 47.52 billion yuan.

State-owned capital operating income and expenditure balance, with a balance of 2536 million yuan

The budget of the social security fund balances income and expenditure, with a balance of 115.11 billion yuan.

The total balance of the above is 175.5 billion yuan. "

Wang Hongtao nodded and said: "The social security fund cannot be moved, and the income and expenditure are still balanced, with a slight surplus. However, the transfer payment income is somewhat low, which shows that you are lacking in planning projects and competing for funds. Let's talk about government debts." , hope it doesn't surprise me."

Zhou Xiong continued to report: "The balance of local government debts in the city is 337.67 billion yuan, of which: general debts are 154.77 billion yuan, and special debts are 182.9 billion yuan, all of which are controlled within the limits issued by the province.

The balance of local government debt at the city level is 170 billion yuan, of which: general debt is 60.5 billion yuan, and special debt is 109.5 billion yuan.

The rest are debts of counties, districts and development zones.

The implementation of the city's financial budget is generally good, but there are still some problems: first, Xiancheng, as an energy resource area, is affected by the economic cycle and changes in energy resource prices, and the annual financial revenue fluctuates greatly; second, some counties' "three guarantees" expenditure Superimposed with rigid expenditures such as repayment of government debts, the contradiction between revenue and expenditure is more prominent, and individual counties and districts are under greater pressure to repay debts; third, the budget performance management system is constantly improving, but it needs to be further expanded in terms of breadth and depth. "

It seems that the chief of the finance bureau is not a dead man, and he is very proficient in business.

Wang Hongtao said: "The debt of 337 billion is within the acceptable range. Mayor, what do you think?"

Although they have only been together for one year, Hu Hao already knows Wang Hongtao very well, how could he not know what the secretary means?Helplessly said: "Secretary, within the tolerance range, the city's finances still have some surplus."

Wang Hongtao said with a smile: "I'm digging and searching. Since Xiancheng has joined the big family of Chang'an, it is a family. Don't talk about two families. The debt is 337.67 billion yuan, and the general debt is 154.77 billion yuan. Let's pay it off, Chang'an The municipal government is not an old man. As for the special debt of 182.9 billion yuan, let it go and be included in the city's special debt repayment plan."

Hu Hao nodded and said, "Okay, secretary, I'll make arrangements right away to mobilize funds to pay off the debt within two days."

Zhou Xiong, who was next to him, was terrified when he heard it. The 154 billion debt was wiped out while talking and laughing? "Great Chang'an" is really rich and powerful!The debt problem that has plagued Xiancheng for many years is gone!

Wang Hongtao said: "Mayor, in order to support the construction of 'New Chang'an', the central province has supported 1 trillion yuan of funds, and 2000 billion yuan of supplementary funds have been transferred to the provincial finance. The governor also promised to give the first batch of funds 1285 billion yuan. You will make a report tomorrow. Find the governor to get the money back, and it will be safe."

Hu Hao nodded and agreed. The new finance minister is Yu Jianfeng. Since he took office, the speed of Chang'an's financial appropriation has not been mentioned.

Wang Hongtao continued: "The government debts of counties, districts and development zones are 167.67 billion yuan, general debts are 94.27 billion yuan, and special bonds are 73.4 billion yuan. I'm not mistaken."

Li Detian, director of the Finance Bureau, hurriedly said: "The secretary's calculation is correct."

"Mayor, the city government held a special meeting for the counties, districts, and development zones in the original Xiancheng, and told those secretaries, county heads, and district heads to blindly lay the groundwork, start projects, and not perform according to contracts, etc., which seriously affected the image and reputation of the government. Credibility. Helping them repay their debts is to let go of their burdens, travel lightly, and fully develop the economy. To issue documents, it is strictly forbidden to clear debts at the same time. In the future, government investment projects must confirm funds or clarify the source of funds. For projects without a clear source of funds, No approval is allowed for implementation. Whoever dares to borrow money for construction, image projects, political performance projects, or face projects, no matter what his position is, if he finds one and deals with it, he will be determined to the end. Not only will his leadership be held accountable, but his financial affairs will also be investigated The problem is that government projects in Chang’an must be honest projects, and companies must not be allowed to make irresponsible remarks, and there must be no phenomenon of not appropriating project funds according to the contract and progress.”

"Okay, secretary, I will arrange a meeting as soon as possible and issue normative documents."

At the end of November, more than 11 enterprises that contracted the original Xiancheng government project were dumbfounded. They received calls from Chang'an City and various counties and districts, and they even wanted to take the initiative to pay off the project funds owed!

What is this concept?This group of bosses dare to swear that if they hadn’t begged their grandpa and sued their grandma, they would have given all the good words and benefits, and those officials and gentlemen would have never offered to give a penny. He even started to take the initiative to pay off the debts. It seems that what everyone said is correct. The secretary of the municipal party committee, Wang Hongtao, is a very good man. , Bodhisattva bless, such a good person should be a high official, the project in Chang'an City is capable, must be done, and rush to do it!

In the past, the response to crises was very quick. For accidents like earthquakes and floods, the rescue team usually arrived at the scene as soon as possible. People and money were needed.

Now I can only practice Tai Chi. As the saying goes, small changes are actually caused by changes in the general environment.

In the past two years, many government agencies have been unable to pay wages, and public institutions, banks, etc. have cut salaries across the board, all pointing to the local government's lack of money and huge government debts.

On the one hand, the tax-sharing system leads to the collection of high-quality taxes such as value-added tax and tariffs to the central government, while infrastructure construction and various powers are delegated to the local governments.To sum it up in one sentence: financial power is turned over, and power is delegated.

Local governments have many affairs and little income, so they must operate in debt.Therefore, urban investment companies have been established in various places, specifically for financing.

In the past few years, due to the land finance, there was nothing that could not be solved by selling a few pieces of land, so despite the high debts, there was no shortage of money.

At present, the balance of local government bonds is about 25 trillion yuan. This is a visible debt, and the interest rate is relatively low. Calculated at an average of 4%, the annual interest payment is about 1 trillion yuan.

There are also a lot of hidden debts, such as trust loans, private equity funds loans, etc. According to the scale of urban investment trusts, this figure is not small compared with bonds.Calculated on the basis of 25 trillion yuan, the average interest rate is above 8%, and the interest that needs to be paid every year exceeds 2 trillion yuan.

The sum of the two is 50 trillion, and the interest that needs to be paid every year exceeds 3 trillion.

With a huge amount of debt, when the income is less than the expenditure, and even the interest is not paid, this snowball will avalanche.Once the debts are paid off, of course other things cannot be done.

Everything is caused by lack of money.When the wages can't be paid, and the job is not guaranteed, who has the heart to do things!

What to do with the huge amount of debt?Wang Hongtao is very aware of the dangers of the local government debt crisis. First, it created a bad example of local governments borrowing money to promote construction projects.The second is that it has become a source of funds for local officials to carry out large-scale performance projects for their own political future.The third reason is that the government's debt-funded performance projects have become a model of economic waste.Fourth, it conspires with power capital to form a soil of corruption.Fifth, the causes of government debt are complicated and difficult to pay off, involving the intricate relationship between the previous and subsequent leadership groups, which has affected the ruling image of the local government and has become a major obstacle to building a harmonious society.Especially in the vast rural areas, financial resources are tight, tax sources are single, and the negative effects of excessive debt are more prominent.A few local leaders turned out to be "debt avoidance cadres" and blindly introduced projects to increase fiscal revenue.If the government fails to repay its debts, it will damage the trust of the masses in the government and cadres.Since repaying debts is often to deal with the aftermath of the previous government, it is necessary to uncover the "old cover" and turn over old accounts. Therefore, in many places, when resolving government debts, there are often "thunders and rains, and try to push the contradictions to the next stage." Sixth, the ultimate "payer" for government debts can only be the general public, and can only be every taxpayer. It must be said that government debt is one of the culprits for increasing tax burdens.

The government was supposed to extend a "helping hand" to the common people in the market economy, but now this hand has transformed into a real "plundering hand". In the end, it has to take out the average share of the government's debts from the common people, and build a harmonious society. It is incompatible with the socialist market economy and has become a new economic hazard.In this regard, we must resolutely say "no" to the government!

It can be concluded that in future urban competition, whoever has less debt will be more competitive. To plan ahead, Wang Hongtao must make Chang'an a zero-debt city.