Financial Sources of the Public Service Provider Unit Group 1
Based on Article 11 of Decree 60/2021/ND-CP (Effective from August 15, 2021), the financial sources of public unit group 1 include:
- State budget sources
a) Funding for the provision of public service activities included in the list of public services funded by the state budget, including state budget orders or bidding to provide public services as regulated;
b) Regular expenditure for executing scientific and technological tasks when selected or directly assigned by a competent authority in accordance with the law on science and technology;
c) Regular expenditure to perform State-assigned tasks (if any), including: Funding for the implementation of national target programs; counterpart funds for projects with foreign capital as decided by a competent authority; funding to execute tasks assigned by a competent authority; funding assigned by a competent state authority to public service providers to perform the task of providing public services funded by the state budget in cases where there are no economic - technical norms and unit prices for ordering;
d) Development investment capital for basic construction investment projects approved by a competent authority in accordance with public investment law (if any). Particularly for group 1 units, the State considers allocating funds for ongoing basic construction investment projects as decided by a competent authority or for new basic construction investment projects in the medium-term public investment plan approved by a competent authority. Public service units manage and use development investment capital in accordance with Article 7 of this Decree.
- Revenue from public service activities
a) Revenue from public service activities;
b) Revenue from production and business activities; joint venture and association activities with organizations and individuals in accordance with the law and approved by a competent authority, conforming to the functions and duties of the public service provider;
c) Revenue from leasing public assets: The unit must fully comply with the legal regulations on the management and use of public assets and must have the leasing plan approved by a competent authority.
Revenue from fees retained by the public service provider for expenditure as regulated by the law on fees and charges.
Loan capital; aid, sponsorship capital in accordance with the law.
Other revenue as regulated by the law (if any).
Respectfully!
