水利项目整合申请地方政府专项债方案分析——以滨江田园综合体项目为例

Analysis of Local Government Special Bonds Program for Water Conservancy Integrated Project:A Case Study on Riverside Garden Complex Project

为缓解基础设施建设项目资金需求给地方财政带来的压力,地方政府积极发行以公益性项目对应的政府性基金收入或专项收入作为还本付息资金来源的政府专项债。对于水利项目来说,公益性突出而收益不足是申报政府专项债所面临的一大难题。将市场偏好程度高、非水利的经营性项目进行打包整合,拓宽项目的收益来源,从而实现项目收益与融资的自求平衡,是水利项目申报政府专项债的一个重要突破口。以滨江田园综合体项目为例,深度挖掘项目收益,实现整合项目申请地方政府专项债的融资平衡。

Local governments actively issue government special bonds to alleviate fiscal pressure brought by funding requirements for infrastructure construction projects.The principal and interest repayment funds for government special bonds come from government funds revenue or special items revenue corresponding to public welfare projects.Despite water conservancy projects show prominent public welfare property,they are still experiencing the problem on insufficient income when applying for government special bonds.This issue can be addressed by packaging and integrating non-water conservancy operational projects with high market preference,and expanding the income sources of projects to achieve self-balancing between income and financing.In addition,taking riverside garden complex project as a case study,deeply exploring the project income can achieve a financing balance for integrated project in applying for local government special bonds.