Geochang-gun Selected as an Excellent Institution in Resident Participation Budget System Evaluation... Ministerial Commendation and 60 Million Won Secured

The 3rd Resident Participation Budget Committee
[Image source=Geochang-gun]

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] Geochang-gun, Gyeongnam Province announced on the 22nd that it was selected as an ‘Excellent’ local government in this year’s Resident Participation Budget System evaluation hosted by the Ministry of the Interior and Safety, securing a special grant of 60 million KRW as an institutional commendation and financial incentive.

This evaluation selected 22 outstanding local governments nationwide (14 for comprehensive awards and 8 for special awards) divided by local government types into comprehensive and special award categories, with the county being selected as an excellent local government in the comprehensive award category.

The comprehensive award is given by evaluating ▲the composition and operation of the resident participation budget organization ▲the scope and authority of resident participation ▲support for resident participation activities ▲potential for development, selecting excellent local governments based on comprehensive scores from self-evaluation and document review results. Geochang-gun received high scores for its efforts to improve and activate the resident participation budget system and its potential for development compared to the previous year.

Gu In-mo, the mayor of Geochang-gun, said, “I believe this excellent institution selection is a result achieved through the active participation of the residents,” and added, “Next year, we will operate the resident participation budget system more effectively to further enhance transparency and accountability in overall financial management.”

This year, the county has made great efforts to realize financial democracy through expanded resident participation by fully revising ordinances, expanding the composition of the Resident Participation Budget Committee, and operating budget schools by region to activate the resident participation budget system.

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