Supplementary Budget of 882.2 Billion KRW Drafted, 8.6% Increase of 69.9 Billion KRW Over Existing Budget ▲Focus on Convenience Facilities Such as Temporary Public Parking Lots and Barefoot Red Clay Paths at Guui Children's Park ▲Strengthening Welfare Areas Including Reserve Forces Transport Expenses, Global Family Center, and Old Community Center Improvements

Gwangjin-gu's 3rd Supplementary Budget of 69.9 Billion Won Focuses on Win-Win Welfare View original image

Gwangjin-gu (District Mayor Kim Kyung-ho) has prepared and submitted the 2023 3rd supplementary budget plan, which increases the existing budget by 69.9 billion KRW, to the district council.


This supplementary budget totals 882.2 billion KRW, an 8.6% increase over the original amount. It focuses on enhancing daily conveniences such as expanding convenience facilities and alleviating parking difficulties, while accelerating the realization of win-win welfare, one of the key strategies of the 8th elected term.


First, practical policies related to residents' daily lives will be promoted. Major items include ▲56 million KRW for the creation of a temporary public parking lot on the former pediatric and adolescent site ▲15 million KRW for the construction of a barefoot clay path at Guui Children's Park ▲30 million KRW additional construction costs for the Achasan Healing Leisure Community Center.


In particular, with the secured supplementary budget, plans are in place to improve the treatment of local reservists. According to the ordinance enacted in July, "Gwangjin-gu Ordinance on Vehicle Operation Support at Reservist Training Grounds," a project budget of 35 million KRW has been allocated to support transportation bus expenses and boost the morale of reservist members.


Additionally, emphasis was placed on the welfare sector. Related plans include ▲108 million KRW for establishing the multicultural family communication space "Gwangjin Global Family Center" ▲110 million KRW for the comprehensive social welfare center function enhancement project ▲1.18 billion KRW for green remodeling of aging senior citizen centers.


Furthermore, safety-related budgets include support for small business owners' wind and flood insurance premiums, windbreak wall services at bus stops in preparation for the upcoming winter, heated chair maintenance, and the purchase of snow removal equipment for riverside walking trails.


District Mayor Kim Kyung-ho stated, "This 3rd supplementary budget plan has been streamlined by boldly cutting unnecessary parts and improving efficiency in preparation for difficult financial conditions such as decreased property tax revenue," adding, "Once the budget is finalized, we will promptly implement effective projects."



This year's 3rd supplementary budget plan will be finalized on September 11 after review and approval at the 264th Gwangjin-gu Council extraordinary session.


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

© The Asia Business Daily(www.asiae.co.kr). All rights reserved.

Today’s Briefing