Closing of Gwangyang City Council Regular Session, 14 Items Including Ordinance Bills Processed

2020 Fiscal Year Revenue, Expenditure, and Fund Settlement, Approval of Contingency Fund Expenditure Proposal Processed

[Asia Economy Honam Reporting Headquarters, Reporter Heo Seon-sik] The 1st regular meeting of the Gwangyang City Council in Jeollanam-do (Chairman Jin Su-hwa) was adjourned on June 21 after the 2nd plenary session.

At the plenary session, five items were approved as originally proposed: △ Ordinance for Supporting the Protection of Rights and Interests of Mobile Workers in Gwangyang City (Councilor Mun Yang-o) △ Consent for Reduction of Property Tax Surtax on High-End Entertainment Venues (such as nightclubs) for COVID-19 Damage Support (Taxation Department) △ 2021 Gwangyang City Shared Property Management Plan (Accounting Department, Child-Friendly City Department), among others. Seven items, including △ Ordinance to Promote Collection and Reuse of Ice Packs in Gwangyang City (Councilor Lee Hyung-sun) and △ Ordinance on Encouraging Childbirth and Childcare Support in Gwangyang City (Integrated Health Department), were approved with amendments.

The Budget and Settlement Special Committee convened over two days on the 17th and 18th, reviewed the 2020 fiscal year revenue and expenditure and fund settlement approval plans, as well as the approval plan for supplementary budget expenditures, after preliminary review by standing committees, and finalized them at the 2nd plenary session.

The 2020 fiscal year settlement showed △ Revenue collection amount of 1,406,281 million KRW △ Current budget amount of 1,382,552 million KRW △ Expenditure amount of 1,173,677 million KRW △ Execution balance of 232,604 million KRW.

Kim Seong-hee, Chairperson of the Budget and Settlement Special Committee, urged “to prevent omission of revenue data through meticulous estimation of revenue sources” and “to carefully review and promote specific project plans in advance for large-scale national and provincial projects, as costs related to operation and maintenance will occur in the future.”

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