Yeongam-gun Confirms 719.4 Billion KRW for 4th Supplementary Budget

86 Billion KRW Increase in Preparation for the 3rd Supplementary Budget, 62.5 Billion KRW Increase Compared to the Previous Year

Yeongam-gun Office Building Exterior Photo by Asia Economy

[Asia Economy Honam Reporting Headquarters Reporter Seo Young-seo] Yeongam-gun, Jeollanam-do announced on the 9th that the 4th supplementary budget of 719.4 billion KRW was finally approved by the county council on the 7th.

This amount is an increase of 8.6 billion KRW (1.21%) compared to the 3rd supplementary budget of 710.8 billion KRW.

By account type, the general account increased by 6.1 billion KRW (0.96%) to 640.9 billion KRW compared to the 3rd supplementary budget, other special accounts increased by 0.9 billion KRW (8.88%) to 11.4 billion KRW, and the public enterprise special account increased by 1.6 billion KRW (2.42%) to 67.1 billion KRW.

By function, the agricultural, forestry, marine, and fisheries sector accounted for 176.1 billion KRW (24.47%), social welfare and health sector 155.6 billion KRW (21.63%), environmental protection sector 102.5 billion KRW (14.25%), and land and regional development 65.4 billion KRW (9.09%) in order.

A county official stated, “This supplementary budget was organized to finalize the changes following adjustments to national and provincial subsidy projects after the 3rd supplementary budget compilation, and to allocate year-end resources rationally to secure fiscal soundness and efficiency.”

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