Mapo-gu Secures 1.5 Billion KRW Annually from Adjustment Grants Around Power Plants

Mapo-gu Submits Proposal to Ministry of the Interior and Safety for Revision of Adjustment Grants Distribution Among Autonomous Districts
Revised Local Finance Act to Take Effect This April... Mapo-gu Expects Annual Adjustment Grants of 1.5 Billion KRW

Mapo-gu (Mayor Park Gang-su) announced that it has secured adjustment grants from this year to improve the environment and support residents around the Seoul Thermal Power Plant, with an expected annual amount of 1.5 billion KRW.

The adjustment grants secured by Mapo-gu are distributed from the local resource facility tax on the Seoul Thermal Power Plant area, which had not been allocated to autonomous districts under the Local Finance Act until now.

The local resource facility tax is an environmental restoration fund based on the polluter pays principle to address air pollution and safety issues caused by power plants, and under current law, adjustment grants have only been distributed to cities and counties where power plants are located.

Although Seoul City has been collecting the local resource facility tax annually from the Seoul Thermal Power Plant, Mapo-gu, where the plant is located, had not received any benefits.

In response, Mapo-gu has pushed for securing resident support budgets through proposals to amend related laws and consultations with relevant ministries to expand compensation for environmental damage and resident inconveniences caused by the Seoul Thermal Power Plant.

In April last year, Mapo-gu submitted a proposal to the Ministry of the Interior and Safety to amend the Local Finance Act to include autonomous districts as recipients of the local resource facility tax grants for fiscal fairness.

Finally, on April 1, the amendment to the Local Finance Act will be enforced, distributing the local resource facility tax for thermal and nuclear power plants as adjustment grants to autonomous districts as well.

Through this, Mapo-gu will secure an annual resident support budget of approximately 1.5 billion KRW to be used for residents around the power plant.

Mapo-gu did not stop there and proposed amendments to the Act on Support for Areas Around Power Plants to members of the National Assembly’s Industry, Trade, Energy, Small and Medium Enterprises Committee, which oversees the relevant legislation, to promote regional development and improve residents’ welfare around the power plant.

Park Gang-su, Mayor of Mapo-gu, said, “We have been thinking day and night about practical and efficient support measures for Mapo-gu residents who have suffered for many years due to the Seoul Thermal Power Plant,” and added, “Mapo-gu will do its best to ensure that all Mapo-gu residents can live safely in a clean environment.”

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