Boseong-gun Prepares Next Year's Main Budget at 533.8 Billion Won

Increase of 40.5 Billion Won Compared to 2020

[Boseong=Asia Economy Honam Reporting Headquarters Reporter Kim Chunsu] On the 19th, Jeollanam-do Boseong-gun announced that it has prepared and submitted to the council the budget proposal for next year amounting to 533.8 billion KRW (general account 482 billion KRW, special account 51.8 billion KRW), which is an increase of 40.5 billion KRW compared to the 2020 original budget (493.3 billion KRW) on the 18th.

The main revenue sources of the general account in this budget proposal include local taxes and non-tax revenues of 31 billion KRW, local allocation tax of 232.4 billion KRW, adjustment grants of 2.5 billion KRW, national subsidies of 188.9 billion KRW, and internal transactions such as compensation income of 27.2 billion KRW. Among these, the autonomous revenue of the general account amounts to approximately 265.9 billion KRW.

On the expenditure side, the budget focuses on revitalizing the local economy to support residents facing difficulties such as employment instability due to the prolonged COVID-19 pandemic. It also prioritizes protecting vulnerable groups, job creation projects, stabilizing the livelihood economy, and urgent projects such as the ‘Boseong-eup and Beolgyo-eup Complex Community Construction Project.’

By sector, the budget includes △general public administration 33.7 billion KRW, △public order and safety 19 billion KRW, △education 4 billion KRW, △culture and tourism 24.9 billion KRW, △water supply, sewerage, and environment 38.4 billion KRW, △social welfare and health 117.3 billion KRW, △agriculture, forestry, marine, and fisheries 145.7 billion KRW, △industry and small and medium enterprises 2.8 billion KRW, △transportation and logistics 13.9 billion KRW, △national land and regional development 14.6 billion KRW, △personnel expenses and others 65.8 billion KRW, △contingency funds 1.9 billion KRW, and 51.8 billion KRW allocated to 10 types of special accounts.

County Governor Kim Cheol-woo said, “The 2021 budget proposal submitted this time is scheduled to be approved and finalized at the plenary session on December 15. Once the budget is finalized, we will promptly execute the scattered urgent projects.”

This content was produced with the assistance of AI translation services.