Geochang County Council Concludes 2022 Legislative Schedule with the 267th Regular Session

2023 Budget Approved at 770 Billion Won, a 9.71% Increase from Previous Year

Geochang County Council concluding the schedule of the 267th regular session.

[Asia Economy Yeongnam Reporting Headquarters Reporter Choi Soon-kyung] The Geochang County Council in Gyeongnam concluded all its scheduled sessions for this year by approving the budget for the next year at the 3rd plenary session of the 2nd regular meeting of the 267th assembly held on the 20th.

At this plenary session, the council reviewed and processed ▲ the 2023 budget plan ▲ the 2023 fund operation plan ▲ two ordinance proposals ▲ and the report on overseas trips by council members in 2022.

During this session, the 2023 budget plan amounting to 770 billion KRW was approved after in-depth review over six days by the relevant standing committees and the Budget and Accounts Special Committee, following its submission by the Geochang County Governor in November.

The Budget and Accounts Special Committee examined four budget proposals from the 5th to the 19th: ▲ the 3rd supplementary budget for 2022 ▲ the 3rd amendment to the 2022 fund operation plan ▲ the 2023 budget plan ▲ and the 2023 fund operation plan.

The 3rd supplementary budget for 2022 was increased by 17.8 billion KRW (2.14%) to 863.5 billion KRW by cutting 30 million KRW from one unnecessary project. The 2023 budget plan was approved at 770 billion KRW, an increase of 68.1 billion KRW (9.71%) over this year's original budget, after reducing 1.5 billion KRW across 24 items due to reasons such as unnecessary expenses, overestimated budgets, and project re-evaluations.

Chairman Lee Hong-hee expressed gratitude at the close of the meeting, saying, “I would like to thank all the council members who worked hard reviewing various proposals including the 2023 budget plan during this regular session, and the executive officials who sincerely responded to the inquiries.”

He added, addressing the residents, “As the Year of the Black Tiger (Im-in-nyeon) comes to an end, I hope everyone in Geochang County will shake off past regrets and use the past as a stepping stone to achieve further development in 2023.”

The Geochang County Council has completed all its scheduled sessions for this year with this regular meeting and is preparing for the 2023 session schedule.

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