In order to give full play to the role of municipal financial regulation and control, concentrate financial resources on major events, and standardize the financial distribution relationship between towns and governments according to the principle of matching financial power with administrative power, Wenchang City has formulated the sixth financial management system of Wenchang City. The scheme embodies the principle of matching financial power and administrative power at the township level from four aspects, and realizes the equalization of basic public services and financial resources distribution. First, the mode of financial management system in the sixth phase changed from "support by revenue, support by expenditure" to "support by demand, support by expenditure", and all the income in the town budget was paid into the state treasury at the city level, and the whole city made overall arrangements. The second is to ensure the basic expenditure at the town level, and the personnel expenditure is adjusted with the adjustment of policies, and the adjustment of demand funds is the responsibility of the municipal level. Three is to increase the town management and construction funds, management and construction funds according to the jurisdiction of the population per person per year 200 yuan calculation and approval. The fourth is to establish a super-base reward mechanism to fully mobilize the enthusiasm of towns to grasp income and adjust expenditure structure. The plan strengthens the transfer payment to towns, improves the stable growth mechanism of balanced transfer payment, increases the transfer payment subsidy to the construction and management funds in the jurisdiction on the basis of ensuring the normal operation funds of towns, ensures the capital construction and management expenses of towns, narrows the financial gap between towns, and effectively promotes the balanced development of towns in the city.