Gyeonggi Office of Education to Announce 'Education Finance' Operation Details on the 26th

[Asia Economy (Suwon) = Reporter Lee Young-gyu] The Gyeonggi Provincial Office of Education disclosed the '2020 Education Finance Disclosure' data on its website on the 26th.

Education finance disclosure is a system that reveals the financial management status of the Gyeonggi Office of Education and the financial operation details of major projects. The Gyeonggi Office of Education discloses education finance information based on annual budgets and settlements every year to realize the public's right to know and ensure transparent education finance management.

The disclosure contents include 14 common disclosure fields and 70 items stipulated by local finance laws, as well as 10 special disclosure items related to major projects promoted by the Gyeonggi Office of Education. It is also possible to check the increase or decrease in settlement amounts compared to the previous year and comparison data of disclosure details over the past five years.

The main common disclosure items for 2020 are ▲ revenue and expenditure operation status ▲ financial statements ▲ bond management status ▲ fund operation status ▲ shared property and goods ▲ regional integrated finance statistics ▲ gender-responsive settlement ▲ financial operation status ▲ major investment project promotion status ▲ local subsidies (private subsidies) status, etc.

The special disclosures cover 10 major projects of the Office of Education, including ▲ contract review system ▲ designation and operation of innovation schools ▲ customized educational meal operation ▲ educational facility environment improvement projects ▲ operation and maintenance of advanced safety management systems for children's playground facilities ▲ cooperative projects for school environment improvement with basic local governments ▲ operation of the Wee Project (student crisis counseling support network) ▲ support projects for students with health disabilities ▲ operation of Gyeonggi Dream Schools ▲ educational benefit projects, etc.

Shin Chang-seung, Financial Planning Officer of the Gyeonggi Office of Education, emphasized, "The education finance disclosure system is an opportunity to actively inform residents about the budget operation status of the Office of Education and to practice transparent education administration. We will analyze the settlement results and do our best to ensure sound financial management in the future."

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