Content of the State Treasury's expenditure control for state agencies implementing autonomy

Content of the State Treasury's spending control for state agencies implementing autonomy - Illustrative image.

Section 6, Article 6 of Circular 62/2020/TT-BTC regulates the content controlled by the State Treasury for expenditures of state agencies implementing autonomy and self-responsibility as prescribed in Decree 130/2005/ND-CP dated October 17, 2005, of the Government of Vietnam, specifically as follows:

1. For administrative management costs based on the State Budget's projection provided by the competent authority: the State Treasury controls according to the provisions of Clauses 1 and 2, Article 6 of Circular 62/2020/TT-BTC, noting:

- For the State Budget's funds allocated for self-governing policies:

+ The State Treasury controls the funds allocated for self-governing policies as conformable with Clauses 5 and 6, Article 3 of Joint Circular 71/2014/TTLT-BTC-BNV.

+ Recurrent expenditures retained by the unit from fee-based revenue according to the law on fees and charges (if any):

Based on the expenditure projection from the fee-based revenue provided by the competent authority; policies, standards, expenditure norms of the State Budget set by the competent authority, and Joint Circular 71/2014/TTLT-BTC-BNV, the State Treasury controls and makes payments to the unit according to the expenditure content specified in Decree 120/2016/ND-CP.

- For State Budget funds allocated but not implementing self-governing policies: The State Treasury controls the expenditure content conformable with Article 4 of Joint Circular 71/2014/TTLT-BTC-BNV and the standards and norms stipulated in current legal documents.

2. Based on the revenue and expenditure results of state agencies implementing self-governing policies, the State Treasury controls the use of saved funds of the unit as follows:

- The State Treasury controls the use of the saved funds according to the provisions of Point b, Clause 7, Article 3 of Joint Circular 71/2014/TTLT-BTC-BNV.

- For additional income, welfare expenditures, and rewards from saved funds, the State Treasury controls according to the provisions of Clause 3, Article 5 of Joint Circular 71/2014/TTLT-BTC-BNV.

- For the Reserve Fund to stabilize income: The budget-using unit prepares a Withdrawal Estimate Form/Payment Order to request the State Treasury to draw from the Reserve Fund to stabilize income. Based on the unit's request to draw the fund, the State Treasury deducts the fund and transfers the money to the unit's fund deposit account. The State Treasury controls the use of the fund according to the provisions at Point a, Clause 3 of this Article.

For the full text, refer to Circular 62/2020/TT-BTC, effective August 6, 2020.

Le Vy

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