Ulsan Office of Education Ranks 1st Nationwide in 2021 School Accounting Budget Execution Rate... Secures Total Performance Bonus of 9 Billion KRW

Ulsan Office of Education.

[Asia Economy Yeongnam Reporting Headquarters Reporter Hwang Du-yeol] Ulsan Metropolitan Office of Education secured 9 billion KRW in performance bonuses by ranking in the top tier in the execution of the 2021 special education expense account and school accounting finances.

The execution rate of the 2021 school accounting finances for 246 schools under the city education office was 98.94%, exceeding the Ministry of Education's target of 96% by 2.94 percentage points, ranking first among the 17 metropolitan and provincial offices of education nationwide.

The education office additionally secured 3 billion KRW as performance bonuses and, combined with the previously secured 6 billion KRW from the special education expense account execution achievements, secured a total of 9 billion KRW in performance bonuses this year.

To achieve the school accounting financial execution targets, the education office actively promoted management of school accounts through rapid execution initiatives, early identification of projects impossible to execute within the year, project reorganization, establishment and inspection of execution status management plans for each school unit, school accounting execution inspections and on-site consulting, and early disbursement of school accounting transfer funds.

In January, the execution rate of the special education expense account also reached 97.7%, exceeding the Ministry of Education's target of 96% by 1.7 percentage points, securing 5 billion KRW in performance bonuses.

The rapid financial execution rate for the first half of 2021 also exceeded the target by 16.2 percentage points, achieving 116.2%, securing 1 billion KRW in performance bonuses.

A representative of the Ulsan Metropolitan Office of Education stated, “In 2022, we will continue to actively use the school accounting budget to strengthen student-tailored educational recovery, build an education foundation responsive to future changes, and promote student-centered classes and student autonomy projects, while striving to contribute actively to regional economic revitalization through rapid execution.”

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