Boseong-gun Achieves First Grade Overall Ranking in This Year's Local Government Evaluation

Top-tier Fiscal Capacity Evaluation... Sound Finances Without Debt, 1 Trillion Won in Grants Over 4 Years

[Boseong=Asia Economy Honam Reporting Headquarters Reporter Lee Hyung-kwon] Boseong County announced on the 12th that it received the highest comprehensive ranking, Grade 1, in the county category of this year's local government evaluation jointly conducted by Hankook Ilbo and the Korean Association for Local Government Studies.

This evaluation was conducted to strengthen local government competitiveness and improve the quality of public services, targeting a total of 69 autonomous districts and 82 counties nationwide. The core competency scores consisted of 40 points for financial capability and 60 points for administrative service capability.

Boseong County is interpreted to have raised its overall ranking by receiving high scores particularly in the financial capability evaluation.

The financial capability evaluation items include four categories: financial soundness, financial efficiency, financial planning, and financial performance, based on local finance analysis data.

The reason for the high score in the financial capability evaluation is analyzed to be that since 2014, the county has managed its finances without any debt, earning the highest score in the financial soundness category.

In particular, securing local allocation tax to increase financial autonomy has been a top priority, and securing over 1 trillion won in allocation tax from 2018 to the present contributed to receiving high scores in the financial performance category.

Additionally, actively attracting public contest projects led to selection for the largest scale of such projects in history, and by making every effort to secure government budgets including national and provincial funds while reducing self-funded expenses, the county operated its finances soundly and efficiently, which helped receive favorable evaluations in the financial assessment.

A county official said, "Despite the difficult situation due to COVID-19, we are pleased that the active cooperation of residents and the budget-saving efforts of employees have borne good results," and added, "We will continue to strive to improve the quality of life for residents through efficient financial management."

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