Hapcheon-gun, 2021 Budget Set at 600 Billion KRW

Submission of 2021 Budget Proposal of 613.7 Billion Won, 4.7% Increase from Previous Year

Hapcheon County Office Building Exterior (Photo by Hapcheon County)

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Hapcheon-gun, Gyeongnam announced on the 23rd that it has prepared the initial budget for next year at the scale of 613.7 billion won and submitted it to the county council for a happy citizen and hopeful Hapcheon.

The initial budget for 2021 is 613.7 billion won, an increase of 27.4 billion won (4.7%) compared to the previous year. Among the total budget for next year, the general account is 575.4 billion won, an increase of 6.3% (34.3 billion won) compared to the previous year, and the special account is 38.3 billion won, a decrease of 15.2% (6.9 billion won) compared to the previous year.

The county plans to prioritize investment to prepare for the post-COVID-19 era through active and expansive financial management and to quickly recover the livelihood economy in response to the economic recession.

Looking at the major projects by expenditure budget sector for next year, 121.2 billion won was allocated to establish tangible welfare services to share and enjoy together, strengthening customized welfare services for vulnerable groups.

Due to the novel coronavirus infection (COVID-19), 6.7 billion won for revitalizing the livelihood economy, 110.5 billion won for disaster prevention, water supply and sewage, and environmental sectors, 82.5 billion won for agriculture, forestry, and livestock sectors including basic public payment projects, 10.9 billion won for resident wish projects, 6.5 billion won for river maintenance projects, 4.2 billion won for urban planning road development projects, totaling 59 billion won, 35 billion won for culture, sports, and tourism sectors such as revitalizing the video theme park and creating the Baekri Cherry Blossom Road Light Valley, and 22 billion won for forest and recreation sectors including the maintenance project of the Hwangmaesan trail to build forest recreation facility infrastructure were allocated.

Moon Jun-hee, mayor of Hapcheon-gun, said, “I think it is meaningful to open the era of a 600 billion won initial budget during the 7th elected term,” and added, “We will devote efforts so that this precious resource can help restore the daily lives of citizens as soon as possible and establish infrastructure for our county’s continuous growth.”

The county’s budget for next year is expected to be finalized after deliberation and resolution at the 250th regular meeting of the Hapcheon County Council, which will open on November 30.

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