Gwangjin-gu Increases Budget by 30.5 Billion Won in 2nd Supplementary Budget... Focus on 'Mutual Welfare'

3.69% Increase from Initial Budget to 30.5 Billion KRW...Total Scale of 855.9 Billion KRW
Core Strategy of the 8th Civil Administration 'Mutual Welfare' Emphasized...5 Billion KRW for Gwangjin Senior Protection Center Construction
Strengthening Elderly Meal Care...Additional Support for Senior Centers' 5-Day Weekly Lunch and Side Dish Delivery
46 Million KRW Invested to Improve Youth Welfare...Final Approval on September 6 After Temporary Session

Gwangjin-gu (Mayor Kim Kyung-ho) has prepared a second supplementary budget for 2024 amounting to 30.5 billion KRW and submitted it to the Gwangjin District Council.

This supplementary budget is 855.9 billion KRW, which is a 3.69% increase compared to the existing budget of 825.4 billion KRW. The top priority was given to realizing ‘coexistence welfare’ to support the vulnerable amid difficult economic conditions.

First, 4.5 billion KRW was allocated for the purchase of land for the new Gwangjin Elderly Protection Center, and 150 million KRW for restructuring welfare infrastructure services. The focus was on laying the foundation to systematically respond to the increasing welfare demand due to population aging.

Support for elderly meal care will also be strengthened. The expansion of ‘providing lunch five days a week at senior centers’ and the operation of ‘Senior Companion Restaurants’ are planned. Additional support will be provided for lunchbox and side dish delivery meal expenses to alleviate the burden of food costs amid high inflation.

Moreover, emphasis was placed on strengthening youth welfare. A budget of 380 million KRW will be invested to create the ‘Youth Startup Space’ to support prospective entrepreneurs. The ‘Youth Lunchbox’ project, which provides meal kits to unemployed single-person youth households, includes 80 million KRW.

In addition, tailored policies that bring happiness to daily life will be implemented, including ▲proper recycling waste management with 450 million KRW ▲public restroom maintenance with 330 million KRW ▲Naru Art Center remodeling with 300 million KRW ▲winter snow removal measures with 230 million KRW.

Kim Kyung-ho, Mayor of Gwangjin-gu, said, “This supplementary budget reflects difficult financial conditions such as decreased tax revenue, focusing on highly effective projects to improve efficiency. We will continuously monitor to ensure there is no inconvenience in residents’ daily lives and do our best to make Gwangjin-gu more developed.”

This second supplementary budget for this year will be finalized on September 6 after the 277th Gwangjin District Council extraordinary session.

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