Dongdaemun-gu, Resident Participation Budget Project Applications Open

Starting from the 22nd, applications open for the '2022 Resident Participatory Budgeting for Budget Planning' project... Total scale of 1 billion KRW... Targeting community-based small-scale projects... Applications accepted for 5 million to 50 million KRW per project

[Asia Economy Reporter Park Jong-il] Dongdaemun-gu (Mayor Yoo Deok-yeol) is operating the "2021 Dongdaemun-gu Resident Participatory Budget" to encourage proactive participation of residents in district administration and to ensure transparency and representativeness in financial management.

This year's resident participatory budget, which will be reflected in the 2022 budget proposal, amounts to a total of 1 billion KRW, with project funds available for application ranging from a minimum of 5 million KRW to a maximum of 50 million KRW per project.

The proposals are targeted at small-scale, community-based projects prioritized for regional development and welfare improvement. Any resident, or employees and students of companies, organizations, or schools located in the district, can submit proposals.

The application period for project proposals is from March 22 to April 21. Residents wishing to propose projects can visit the 8th floor of Dongdaemun-gu Office's Autonomous Administration Division or any of the 14 community service centers in person, or submit by mail (Dongdaemun-gu, Cheonho-daero 145, 8th floor Autonomous Administration Division).

Applications can also be submitted online through the Dongdaemun-gu Office website under Administrative Information (Budget·Settlement → Resident Participatory Budget System → Apply for Resident Participatory Budget).

The district will review the submitted project proposals through the relevant departments and then collect residents' opinions via mobile (internet) voting from June 14 to June 29.

Subsequently, the final selection of resident participatory budget projects will be made by combining the results of the Resident Participatory Budget Committee review (60%) and the mobile voting (40%).

Starting this year, after departmental review, the Resident Participatory Budget Committee members will conduct an interim review on the appropriateness of projects to improve the adoption rate of projects.

Mayor Yoo Deok-yeol of Dongdaemun-gu stated, "We look forward to the active participation of residents who have interest and affection for the community," and added, "We will continue to lead the revitalization of the local community and the realization of fiscal democracy through the resident participatory budget system."

Meanwhile, last year, among a total of 97 projects worth approximately 2.584 billion KRW proposed through the resident participatory budget, 38 projects worth about 982 million KRW were finally selected after departmental review, mobile voting, and review and adjustment by the Resident Participatory Budget Committee.

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