Abstract:The budget is at the very center of the countrys governance structure.The process of the evolution of the budget institutions maps the development process of Chinese government governance.Simultaneously,the problems in the budget institutions also reflect whats insufficient in government governance.Good governance rests on four pillars:accountability,transparency,predictability,and participation.From these four aspects,the paper analyzes the problems of the budget adjustment institutions in the development process and the gap with the good governance requirements.The legislature plays a leading role in the budget process to ensure governments accountability;sound budget adjustment institutions should be published to improve predictability of government governance;a budget information disclosure system can be established to improve the transparency of government governance.