The owner's astonishment: public revenue in the district - $740,000, but not the property
New people's night news, new people's night news, official account 03. 2411:56
Tobuya road, xuxi district, shanghai
Part of the owner of the "tea flower rose garden"
Finance accounts for public revenues in small areas
It's a "dumb."。
An audit report issued last year showed that during the five-year audit period from 2019 to 2024, temporary parking revenue was zero, while the balance of public revenue funds in the sub-districts was negative, resulting in a figure of “0. 740,000”。
Do the neighborhood still owe $740,000 in property
In the focus of the owners, property companies respond: negative numbers are true。
Why is there zero revenue from temporary parking
The tea flower rose garden, located in the chei hsi district, is located from 185 to 205, with 862 families, which were built around 1995 and is currently the fifth industry committee。
Tea flower rose garden
Journalists visit the districts. According to the owner, the fifth commission was established in 2025. Last year, the shanghai central review of environmental accountants was commissioned to conduct an audit of the maintenance fund balance and the proceeds fund balance for the district from 5 march 2019 to 4 march 2024. In this audit report, journalists observed that there were several entries in the source of funds related to the revenues of the sub-region, including $80,424,358 for long-lease parking and $0. 00 for temporary parking, stating, inter alia, that “the revenue from temporary parking fees for the sub-region was not obtained during this audit”。
Temporary space income is $0. 00
Journalists saw that there was a parking space in the area, most of which had a number and a few had no number. The maximum number of spaces is over 100. There's an owner who's done this:
The total number of such long-lease (fixed) spaces is 278, with a five-year long-lease space earning more than $0. 8 million, at a rate of $150 per space per month。
Most of the parking spaces in the area are numbered, but few are not
Reporters are asking about security at the entrance to the neighborhood. Can you stop an outside car temporarily? The response was “yes, 20 dollars per hour”. On the basis of such rates, it is clear that a five-year “temporary parking income” in the sub-region would not make sense。
The journalists visited shanghai zhengxi industries management ltd., which runs the tea flower rose garden. With regard to “why is there a shortfall in income from long-rent parking”, staff explained that there were currently 278 parking spaces in the sub-districts, but that that figure had not been reached previously, but was based on 172 parking spaces. Under the commission's “separation agreement”, 55 per cent of parking fees are in small areas and 45 per cent in property. On site, journalists calculated that, based on a monthly rental rate of $150 for a parking space, 150 x 17 x 212 x 5 x 0. 55, the revenue from the long-lease space allocated to the subsector should be $851,400 (or $1376,100 if 55 per cent of the total number of spaces were divided) instead of $80,424,358 as shown in the audit report。
How can you lose $47,000? Staff retrenchment: the initial split agreement may have agreed on a fixed amount instead of calculating the income share based on the actual (dynamic) long-term rental of the space。
How can i explain that five years of zero revenue on temporary parking? Staff members admitted that the job was inappropriate and that the company had prepared a statement of the amount that should have been attributed to the small area. According to the press, in a list of financial information (deposit) from the tea flowers and rose gardens board, the cut-off fee for 2019-2022 was $649, and the revenue from temporary parking from january 2022 to december 2024 was $11,000 (both without tax deductions). However, this amount has not yet been approved by the commission。
Property account for $649-2022
Property account for $11,000 from january 2022 to december 2024
Why aren't more than 1. 5 million in the accounts
In the audit report, the owners also saw a description of public revenues in your district, amounting to $1518,716. 09, which had been held pending transfer to the general conference bank account during the audit. In accordance with article 51 of the shanghai regulations on the management of the residential property in the city of shanghai, the proceeds derived from the use of shared property are owned by the jointly owned owners of the property, mainly for the purpose of supplementing special maintenance funds。
It's $15,871. 09
What's a sit-down? “sit-in” means the cash income received directly for cash expenditure without permission and without prior deposit into a specified bank account. According to the owners, public revenues are owned by the owners of the whole or jointly owned property and there should be an independent revenue and expenditure system, which must first be deposited into a special public revenue monitoring account and then distributed as agreed. A portion is transferred to the maintenance fund account for major repairs and renovations of houses and a portion is left in the public gain account for specific daily expenses with the consent of the owner。
When the property or related persons receive money, they pay certain expenses directly in cash in their hands, which circumvents the key elements of “separate accounting” and “proprietary supervision” and is contrary to the principles of transparency and decision-making required by statute。
The property industry, on the other hand, expressed its frustration with the practice of sit-in, referring to the resignation of the previous commission. As a result of the collective resignation of the previous committee in december 2019, the district remained unemployed between january 2020 and may 2025. Staff explained that there was no board stamp and that the deposit of proceeds and the request for expenditure had become very weak。
In addition to the cost of electricity, the bulk of the expenditure in the sub-districts is for works arising from maintenance, such as leaks caused by the ageing of the casting pipe, which, once reported by the owner, are urgent and urgent. If repairs are not arranged immediately, the owner will complain. The maintenance of the tea rose garden has already been funded by less than 30 per cent of the renewal warning lines, and many of the construction costs have been difficult to obtain from the maintenance funds account。
Journalists noted that the audit report showed that, as at 4 march 2024, the balance of $522826. 60 (income of $22,541. 31 over five years and expenditure of $18174. 06), representing 26. 62 per cent of the initial period of fund-raising, had ended. Property personnel stated that they could only arrange for maintenance matters at the expense of the collected parking fees, even if the company advanced the works, because of the double disadvantage。
Why is public revenue negative
The audit report also showed a series of figures that shocked owners: during the five-year audit period, the opening balance of public revenue funds in the sub-districts was $103,403. 46, with total income of $905683. 40, total expenditure of $150,479. 45 and closing balance of $748,199. 51。
Negative, representing $740,000 owed to the property company? In response to this situation, property personnel responded: it can be understood in this way. How did this happen? Journalists have learned that the sub-district public revenue accounts are “income” and “expenditure”, offset by income and expenditure, are the balance of public revenue. Some of the day-to-day expenses, such as the cost of the work of the proprietors' conference, the cost of auditing public revenues, etc., can be charged directly to the public revenue account, while the cost of works that are part of the maintenance, upgrading and renovation of public facilities must be charged through legal procedures (e. G., the proprietors' conference vote) and cannot be paid directly through “sitting”. This could lead to confusion in the accounts. When the amount of the works is larger, there is a risk of confusion in the cash flow and a deficit in the accounts。
Journalists observed that in a march 2025 escrow account information, $39,000 was spent on the project. Introduction by property staff, negative figures, indicate that more money is spent than earned, mainly from the accumulation of a lump sum of money spent. These works were not financed from the maintenance funds account and were eventually settled by property advances。
Property company personnel also acknowledge that public revenues in the sub-region are still being held by property companies. The district has two maintenance fund accounts for commodity houses and after-sale houses. Starting in january 2025, the sub-district “income” has been included in the “temporary parking space income”, and some of the proceeds have been transferred to the sub-district maintenance fund account, and some of the proceeds have not yet been deposited in the bank, pending approval by the new commission。
The “negative contest” of public revenues from the tea rose garden has also given rise to another controversy. The audit report noted that the opening balance of $103,403. 46 for public revenue from the tea rose garden had not been audited and that there was a difference of $147,398. 96 with the opening amount of $43,995. 50 for march 2019, as confirmed in writing by the board。
With regard to the mismanagement of revenue funds in the sub-districts, the new sub-district commission stated in an information note that:
The absence of a board from january 2020 to may 2025, together with the fact that the accounts of the small zones industry committee were in the hands of the société générale d ' éléconomique for some reason for a long period of time, do not inform us of the authenticity of the audited accounts; the long-standing failure of the property company to disclose to the owners the public revenues and expenditures of the small zone has resulted in the denial of a stamp in the audit report。
Commission “not accredited”
Can the public revenue account for the tea rose garden be clearly stated? The owners looked forward to further investigation by the relevant authorities。
