Yeosu-si Wins 'Excellence Award' at Local Finance Presentation Competition

Minister of the Interior and Safety Receives Institutional Commendation, Secures Special Grant of 100 Million Won

Yeosu City, Jeollanam-do (Mayor Jeong Gi-myeong) announced that it won the 'Excellence Award' at the 16th Korea Local Finance Awards presentation contest in the local tax category hosted by the Ministry of the Interior and Safety on the 21st, securing a special grant of 100 million KRW along with the Minister of the Interior and Safety’s institutional commendation.

According to the city on the 22nd, the 16th Korea Local Finance Awards presentation contest in the local tax category, hosted by the Ministry of the Interior and Safety and organized by Jeollanam-do and the Local Tax Research Institute, was held at the Ramada Hotel in Dolsan-eup, Yeosu City from the 20th to the 21st.

On the 21st, Yeosu City won the "Grand Prize" in the local tax category presentation contest at the 16th Korea Local Finance Awards hosted by the Ministry of the Interior and Safety, securing a special grant of 100 million won along with the Minister of the Interior and Safety's institutional commendation.
Photo by Yeosu City

The 'Local Finance Awards' is the most prestigious award in local finance held annually by the Ministry of the Interior and Safety to enhance the efficiency and soundness of local finance. The 'Local Tax Category Presentation Contest' is an event where local tax officials nationwide, including the Ministry of the Interior and Safety and the Korea Local Tax Research Institute, present cases such as local tax delinquency collection, tax audits, and benchmarking examples.

Previously, the Ministry of the Interior and Safety selected 18 outstanding cases through a document review targeting local governments, and on this day, Kim Seung-shin, a Grade 9 tax official from Yeosu City, representing Jeollanam-do, gave a presentation titled 'Pinpointing Stolen Vehicles Anytime, Anywhere.'

This is an excellent policy developed by Yeosu City, a system that links the delinquent vehicle license plate seizure enforcement system with the Ministry of Land, Infrastructure and Transport’s information on vehicles under operation suspension orders. It allows immediate on-site seizure of stolen vehicles found, enabling not only the collection of delinquent taxes but also active disposal of stolen vehicles through public auctions.

As a result of the presentation, Officer Kim won the final Excellence Award, elevating Yeosu City’s honor by securing the Minister of the Interior and Safety’s institutional commendation along with a special grant of 100 million KRW.

Lee Ok-jae, Head of the Collection Division, said, “I am truly proud of the employees who did not overlook the inconveniences felt during their work and built an efficient system through new attempts,” adding, “We will continue to expand local finance and carry out tax collection administration that resonates with taxpayers by discovering innovative ideas.”

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