Ulsan Office of Education Achieves Top School Accounting Execution Rate for Four Consecutive Years

99.47% Fiscal Execution Rate Last Year
Secured 3 Billion KRW in Performance Bonuses

Ulsan Metropolitan Office of Education (Superintendent Cheon Changsu) has secured a performance bonus of 3 billion KRW from the Ministry of Education by achieving the highest level of school accounting fiscal execution nationwide for the 2024 academic year, making it the fourth consecutive year to receive a school accounting fiscal execution performance bonus.

As of March 24, 2025, the school fiscal execution rate in the Ulsan region stands at 99.47%, exceeding the Ministry of Education’s target (98%) by 1.47 percentage points.

Ulsan Metropolitan Office of Education annually establishes a 'School Accounting Fiscal Execution Management Plan' and systematically manages the school accounting execution rate through measures such as operating an execution management inspection team, conducting monthly and ongoing monitoring, intensively managing schools with poor execution through preliminary settlements, and providing on-site inspections and consulting for school accounting.

The Ministry of Education evaluates the independent efforts of local education administrative agencies to promote sound fiscal management and provides performance bonuses differentially based on the results.

In 2024, Ulsan Metropolitan Office of Education also achieved excellent results in the Special Education Finance Account and the consumption and investment sectors, securing an additional 6 billion KRW in performance bonuses. Combined with the 3 billion KRW for school accounting fiscal execution, a total of 9 billion KRW in additional funds has been secured.

An official from Ulsan Metropolitan Office of Education stated, "We are grateful to the schools that actively implemented the office's execution plans despite difficult financial conditions," and added, "In 2025, we will continue to achieve outstanding results by enhancing efficient budget management and execution rates."

Ulsan Metropolitan Office of Education.

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