Yeoju City Selected as an Outstanding Institution for Public Property Management in 2024

Yeoju City, Gyeonggi Province (Mayor Lee Chung-woo) has been honored as an exemplary institution in the ‘2024 Gyeonggi-do Public Property Management’ awards. This selection recognizes Yeoju City's outstanding performance in the evaluation of public property management among 31 cities and counties in the province.

Jeon-gyeong of Yeoju City Hall. Provided by Yeoju City

Gyeonggi Province annually evaluates 31 cities and counties within the province on their active and efficient management of public property, awarding commendations to institutions that contribute to the development of public property.

The selection criteria include the area of unauthorized occupancy resolved, imposition of compensation fees, lease management, comprehensive city/county evaluation scores, and the amount of compensation fees collected, with high-scoring cities and counties being selected.

Yeoju City received high marks by achieving an S grade for four consecutive years in the category of ‘Fair Use and Efficient Management of Public Property,’ which aligns with the province’s goals.

Additionally, to efficiently manage city-owned property, Yeoju City was selected for the 2024 Korea Local Finance Association Public Property Survey Support Project, investing a total budget of 100 million KRW, including 50 million KRW in support funds and 50 million KRW from its own budget, to carry out the service.

Based on the results of the service project, unauthorized or omitted properties will be identified, and management ledgers and systems will be updated. For cases detected involving unauthorized occupancy (use) or use beyond lease purposes, administrative measures such as restoration orders and imposition of compensation fees will be enforced to enhance the utility of public property.

A Yeoju City official stated, “We will strive to manage public property transparently and fairly to increase the utilization value of assets and contribute to the city’s financial expansion.”

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