Jinju City Submits '2nd Supplementary Budget Proposal' to City Council

Reflecting Citizen Life Stability and Regional Development

Jinju City in Gyeongnam submitted the 2023 second supplementary budget proposal to the city council on the 21st to promote major pending projects for stabilizing citizens' lives and regional development.

The scale of this supplementary budget is 2.3517 trillion won, an increase of 6.15% compared to the first supplementary budget of 2.2155 trillion won. The general account is 1.8685 trillion won, and the special account is 483.2 billion won.

This budget is funded by national and provincial subsidies, local allocation taxes, and adjustment grants, prioritizing budgets for infrastructure construction to improve citizens' convenience and to revitalize the local economy.

Jinju City Hall.

Key details of the expenditure budget include increased allocations for major pending projects such as regional development and urban infrastructure construction: ▲200 billion won for the relocation and construction of the National Jinju Museum ▲4.5 billion won for the construction of the Seongbuk-dong Child and Welfare Center ▲6.3 billion won for the development project of Omoknae Amusement Park ▲3.5 billion won for the creation of the Old Jinju Station Cultural Street.

For urban regeneration projects, additional budgets were allocated: ▲2.49 billion won for remodeling youth startup spaces in closed or idle factories in industrial complexes ▲1.6 billion won for the Sangpyeong Industrial Complex regeneration project. In the transportation and environment sectors, budgets were increased by ▲1.82 billion won for compensation of losses on remote city bus routes ▲4.16 billion won for the electric vehicle supply project.

In the culture and tourism sector aimed at becoming a premium city, budgets were allocated for ▲800 million won for the establishment of a traditional culture experience center ▲2 billion won for the construction of the Dongbu Municipal Library ▲1.1 billion won for the creation of Somang and Hope Squares ▲700 million won for the construction of an annex building at Jinyangho Wood Land.

To stabilize farm household income, additional budgets were allocated: ▲1.15 billion won for the basic public interest direct payment project ▲800 million won for supporting export logistics costs of agricultural products. In the health and welfare sector, budgets were increased by ▲530 million won for vaccination support and material purchase ▲1.29 billion won for the temporary special support project for youth monthly rent ▲2.75 billion won for nursery course childcare fee support ▲690 million won for necessary expenses support for daycare centers.

Additionally, to ensure citizen safety and repair infrastructure such as roads, additional budgets were allocated: ▲2.4 billion won for the maintenance project of natural disaster risk areas in Jangjae and Jangheung ▲380 million won for disaster recovery projects ▲1.3 billion won for the intersection maintenance project around Saemigol in Jangjaedong.

Mayor Jo Gyu-il stated, “This supplementary budget was formulated focusing on pending projects to stabilize citizens' lives and open a prosperous future for Jinju over the next 100 years amid difficult financial conditions,” adding, “We will strive to promptly execute the budget once it is approved to invigorate the local economy.”

Meanwhile, the 2023 second supplementary budget proposal submitted by Jinju City is scheduled to be finalized after deliberation and resolution at the 250th Jinju City Council extraordinary session, which will be held from August 31 to September 8.

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