Damyang-gun, Next Year's Main Budget 526.5 Billion KRW... 7.7% Increase from Previous Year

Focus on 'Restoring the Livelihood Economy and Fulfilling Campaign Promises'

Damyang-gun Office Building Exterior.

On the 13th, Damyang-gun, Jeollanam-do (Governor Lee Byeong-no) prepared and submitted the 2025 main budget proposal worth 526.5 billion KRW to the county council, focusing on stabilizing people's livelihoods and revitalizing the local economy.

By account, the general account increased by 37.5 billion KRW (7.8%) from the previous year to 518.3 billion KRW, while the special account rose by 60 million KRW (0.8%) to 8.2 billion KRW.

The revenue budget of the main budget proposal consists of local taxes of 38.3 billion KRW, non-tax revenue of 24.2 billion KRW, local allocation tax of 206.1 billion KRW, national and provincial subsidies of 229.3 billion KRW, adjustment grants of 11 billion KRW, and compensation income of 17.6 billion KRW.

By sector, the expenditure budget is allocated as follows: social welfare 125.1 billion KRW (23.76%), agriculture 109.5 billion KRW (20.80%), environment 79.2 billion KRW (15.04%), and culture and tourism 32 billion KRW (6.07%). The budget proposal was prepared with the goal of focusing on core projects to recover the livelihood economy, including welfare for the vulnerable, and to fulfill the promises of the 8th local government administration.

A county official stated, "Despite difficult conditions such as a decrease in tax revenue for two consecutive years, we prepared the main budget proposal based on the judgment that an active financial role is necessary to stabilize people's livelihoods and revitalize the local economy," adding, "We will continue to overcome difficult financial conditions through strategic budget planning and management."

Meanwhile, the next year's main budget proposal will be finalized and approved at the plenary session on the 17th of next month after review by the Damyang-gun Council.

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