Gimhae City Receives Minister of the Interior and Safety Award for '2020 Local Finance Best Practices'

The Only Local Government Nationwide to Win 4 Consecutive Years, Financial Incentives of at Least 750 Million KRW

[Asia Economy Yeongnam Reporting Headquarters Reporter Lee Sang-hyun] Gimhae City, Gyeongnam Province, received the Minister of the Interior and Safety Award in the expenditure reduction category at the ‘2020 Local Finance Best Practices Presentation Contest’ held on the 22nd, hosted by the Ministry of the Interior and Safety and jointly sponsored by Seoul Shinmun and the Korea Local Finance Association.

The Local Finance Best Practices Presentation Contest is held annually by the Ministry of the Interior and Safety to share excellent cases of expenditure reduction and revenue increase from local governments nationwide and to enhance the efficiency and soundness of local finances.

The city introduced a method to expand public livestock manure treatment capacity through an analysis of the operation process of a centrifugal dehydrator under the title ‘Contribution to Reducing Agency Project Costs by Developing and Applying Livestock Manure Treatment Technology’ by the Urban Development Corporation.

It also presented cases such as reducing project costs by 17% compared to the previous year through a method that reduces chemical usage by about 40% by developing alternative chemicals used in the process and changing the operation method of the biological reactor.

Mayor Heo Seong-gon said, “We have dramatically increased wastewater treatment capacity and saved citizens’ precious taxes by improving core processes without additional facility investment in the current public livestock manure treatment facilities. We will continue to constantly create ideas for expenditure reduction.”

Meanwhile, Gimhae City has won the expenditure reduction category at the ‘Local Finance Best Practices Presentation Contest’ for four consecutive years since 2017, earning 750 million KRW in financial incentives over three years, and the financial incentives for this award will be confirmed later.

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