Data expansion:
Public welfare projects refer to those non-profit projects that are beneficial to society. Public welfare projects are investment projects aimed at pursuing social effects, which have the characteristics of large scale, large investment, wide benefits, long service life and far-reaching influence. At present, there are two explanations about public welfare projects, which are broadly defined and narrowly defined.
Public welfare projects in a broad sense refer to projects implemented for the benefit of the general public or some population groups, including agriculture, environmental protection, water conservancy, education, transportation and other projects initiated and implemented by government departments.
It also includes poverty alleviation, women and children development and other projects initiated and implemented by non-governmental organizations. In a narrow sense, public welfare projects are initiated by non-governmental organizations, which use non-governmental resources to seek benefits for certain groups and create social effects.
The evaluation of public welfare projects aims to continuously improve the investment environment, optimize the industrial structure and achieve sustained macroeconomic growth. From the taxpayer's point of view, it is necessary to examine whether the benefits brought by public welfare projects are greater than the cost of project investment, so as to provide a basis for the decision-making of public welfare projects.
The economic evaluation of public welfare projects includes financial evaluation reflecting microeconomic effect and national economic evaluation reflecting macroeconomic effect. Financial evaluation refers to the current fiscal and taxation system and price system of the country.
From the perspective of project finance, calculate the financial profitability and solvency of public welfare projects, and judge the feasibility of the projects accordingly. Financial evaluation can start from two aspects: financial database estimation and financial benefit evaluation.
Financial basic data estimation is the premise and foundation of financial evaluation and economic evaluation, and whether the results of financial basic data estimation are reliable directly affects the conclusions of financial evaluation and national economic evaluation.
The main objects of financial basic data estimation and analysis are cost and income. Through comparison, it shows that the benefits of the project are good or bad, mainly including the total investment and funding sources and financing, total cost and expense estimation, sales revenue estimation, tax and additional estimation, profit and distribution estimation, etc.