Yangcheon-gu Confirms 2021 Budget of 768.5 Billion KRW... 200,000 KRW Support for First Childbirth

Overcoming the COVID Crisis: Restoring the Livelihood Economy and Creating Safe, Smart Urban Regeneration... Allocating 52.71% of the Total Budget to Social Welfare, Prioritizing Livelihood Stability... Introducing 200,000 KRW Birth Support for First Child and 300,000 KRW Enrollment Preparation for New Middle and High School Students to Build a Child-Friendly City

[Asia Economy Reporter Jongil Park] The 2021 budget for Yangcheon-gu (Mayor Kim Soo-young) was finalized on the 28th through the resolution of the Yangcheon-gu Council's plenary session, amounting to 768.5 billion KRW, a 9.6% increase compared to this year.

The 2021 budget was organized with a focus on projects to prepare for the post-COVID era and realize Yangcheon-gu's six major visions, with an increase of 66.7 billion KRW in the general account due to increased national and city subsidies for welfare sectors such as basic pension, housing benefits, and support for disabled persons' activities.

By function, the social welfare sector accounts for the largest portion at 52.71%, followed by transportation and logistics at 5.28%, and general public administration at 4.63%.

Regarding COVID-19 response, 1 billion KRW was allocated for living expense support, 700 million KRW for local quarantine job projects, and 400 million KRW for disinfection and infectious disease prevention management projects.

To create a vibrant city where the joy of working is shared, "YOUNG Yangcheon," 5.4 billion KRW was allocated for job creation projects including the operation of youth startup cafes, 400 million KRW for discount subsidies to issue Yangcheon Love Gift Certificates worth 25 billion KRW, and 2.6 billion KRW for the development of Mokdong Kkaebi Market joint parking lot and sharing center, totaling 4.1 billion KRW for projects to revitalize the local economy.

For the creation of an ecological city in harmony with nature, "ECO Yangcheon," 8.6 billion KRW was allocated for park maintenance including remodeling of Paris Park and Osolgil Park, 900 million KRW for park cultural projects such as operation of book resting areas and forest interpretation, 7.9 billion KRW for landscaping, green space projects, and urban agriculture development including expansion and construction of Yeonui Ecological Learning Center, 1.3 billion KRW for maintenance of Anyangcheon Ecological Park including replacement of shade structures, and 700 million KRW for environmental preservation including fine dust response, electric vehicle charging station management, and installation of renewable energy in public facilities.

To build "SMART Yangcheon," which changes lives, 600 million KRW was allocated for smart city projects such as the creation of smart city living sites, 800 million KRW for urban regeneration projects in cooperation with residents in Sinwol 1-dong, Sinwol 3-dong, Mok 3-dong, and Mok 4-dong, and 2.5 billion KRW for redevelopment of pedestrian sidewalks on the Mokdong central axis.

For the creation of an inclusive city where everyone is happy, "YOU Yangcheon," 99.7 billion KRW was allocated for childcare policy projects including expansion and functional reinforcement of national and public daycare centers, operation of comprehensive childcare support centers, toy libraries, and I-mom cafes.

Additionally, starting in 2021, 3.16 billion KRW was allocated for low birthrate countermeasures and childcare support including a newly established 200,000 KRW childbirth support fund for the first child and child allowances. A budget of 149.8 billion KRW was allocated for senior welfare including senior community centers and basic pensions, 400 million KRW for the centenarian health care project for vulnerable groups, and 37.1 billion KRW for welfare related to disabled persons including operation of Yangcheon Haenuri Welfare Center, disability pensions, and activity support, establishing a care safety net that embraces all generations.

For a high-quality educational and cultural city, "EDU Yangcheon," 18.3 billion KRW was allocated for education including eco-friendly free meals for elementary, middle, and high schools, free high school education support, and 300,000 KRW entrance preparation funds for all new middle and high school students in Yangcheon-gu starting in 2021.

Also, 8.8 billion KRW was allocated for the Yangcheon Cultural Foundation, established to enhance the cultural level of Yangcheon residents. The foundation will operate 20 libraries including the Yangcheon Central Library opening in 2021, Yangcheon Cultural Center, and promote its own cultural projects such as reading culture promotion and arts infrastructure support. Additionally, 8.9 billion KRW was allocated to the public building establishment fund for the construction of Galsan Cultural Complex Facility.

For the creation of a sustainable and safe city, "SAFETY Yangcheon," 4.8 billion KRW was allocated for maintenance of aging roads and sidewalks, 2.9 billion KRW for sewage facility construction, and 1 billion KRW for installation of security CCTV. Furthermore, 400 million KRW was allocated for operation of the Children's Meal Management Support Center to ensure safe food, and 500 million KRW for support of eco-friendly agricultural product packages for pregnant women.

To promote bicycle insurance for all Yangcheon residents, 110 million KRW was secured to create a safe bicycle usage environment. A total of 16.3 billion KRW was allocated for joint parking lot construction and underground parking lot construction at Yangcheon Middle School, and 12 billion KRW was allocated from the public building establishment fund for the construction of complex community centers in Sinwol 6-dong, Sinwol 7-dong, and Sinjeong 2-dong.

Kim Soo-young, Mayor of Yangcheon-gu, stated, “We will do our best to ensure that the 2021 Yangcheon-gu budget is used valuably in every corner of daily life to protect the health of residents and improve their quality of life.”

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