Ulsan Office of Education Ranks First Nationwide for Two Consecutive Years in School Accounting Financial Execution Rate

The Ulsan Metropolitan Office of Education secured 3 billion KRW in performance bonuses by achieving first place nationwide for two consecutive years in the field of school accounting financial execution in 2022, following 2021.

The school accounting financial execution rate for the 2022 academic year at 246 schools under the Ulsan Office of Education (as of July 7) was 99.55%, exceeding the Ministry of Education's target of 97% by 2.55 percentage points, ranking first among the 17 metropolitan and provincial offices of education nationwide.

To achieve the school accounting financial execution target, the city education office promoted rapid execution, early identification and reorganization of projects that could not be executed within the year, and established and inspected management plans for execution status by individual schools.

Additionally, they actively promoted thorough management such as school accounting execution inspections and on-site consultations (consulting), early disbursement of school accounting transfers, and provided performance bonuses (incentives) reflecting performance rewards.

Ulsan Office of Education.

Previously, the Ulsan Office of Education also achieved results in the 2022 special education expense accounting financial execution rate, the first half of 2023 consumption and investment financial execution rate, and forecasts of net surplus funds, securing 7 billion KRW. Including the achievement of the 2022 school accounting financial execution rate, a total of 10 billion KRW in performance bonuses (incentives) has been secured this year.

A representative of the Ulsan Metropolitan Office of Education stated, “This year as well, we will strive to ensure that the school accounting budget is effectively used for Ulsan education that opens the future and makes learning a part of life, such as future-ready responsible education, student-tailored safe education, and relationship-centered empathetic education.”

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