What Is Extra Budgetary Funds?

Extra budgetary capital It is also known as extra budgetary revenue. A financial fund that is not included in the state budget management by the local authorities or departments or by state power. It is self-contained and self managed by all localities, departments and units.

The income includes all the additional income of the local finance department, centralized business income, special income, administrative fees, special funds, etc. Primary and secondary schools Work study program proceeds.

Its expenditures include fixed assets expenditure, urban maintenance expenditure, welfare award expenditure, and administrative expenditure. According to the requirements of establishing a socialist market economic system, as a direction of reform,

All budgetary and extra budgetary receipts and payments should be Unified Be included in the budget management.