Boseong County Finalizes Second Supplementary Budget for 2025 at 771.5 Billion Won

Increase of 93.1 Billion Won Compared to Initial Budget
Strategic Investments in Livelihood Stabilization and Regional Vitality

Boseong County in South Jeolla Province announced on the 21st that it has finalized the second supplementary budget for 2025 at a total of 771.5 billion won, following the resolution of the 311th Boseong County Council special session.

This supplementary budget represents an increase of 93.1 billion won (13.7%) compared to the first supplementary budget. The general account was set at 658.9 billion won (an increase of 75.8 billion won), and the special account was set at 112.6 billion won (an increase of 17.3 billion won).

Boseong County Office building exterior view.

The county focused on strategic fiscal management, aiming to proactively respond to the triple challenges of high inflation, high interest rates, and high exchange rates, as well as changes in revenue conditions. The budget priorities are on stabilizing the livelihoods of residents and addressing key local issues that directly impact daily life.

Major budget allocations by sector include: 29.3 billion won for agriculture, forestry, maritime, and fisheries; 24.8 billion won for the environment; 9.3 billion won for general public administration; 6.4 billion won for land and regional development; 5.5 billion won for culture and tourism; 3.4 billion won for social welfare and health; and 1.4 billion won for public order, safety, and education. The county aims to ensure balanced fiscal support across all sectors.

In particular, this supplementary budget places emphasis on responding to population decline and establishing a foundation for sustainable regional development. The county plans to invest 5.4 billion won from the Local Extinction Response Fund, including 3 billion won for the Boseong and Beolgyo Community Center Art Garden, 1 billion won for the Youth Vitality Village, 500 million won for the Youth Growth Center, 500 million won for the Green Slow Village, and 200 million won for the Culture Dream Sharing Hub. These projects are intended to promote youth inflow and improve settlement conditions.

In addition, large-scale projects aimed at securing future growth engines for Boseong County have been included in the budget. These include 7.2 billion won for the Boseong Marine Leisure Tourism Hub, 5.8 billion won for the Boseong Complex Community Center, 5.3 billion won for the Beolgyo-eup Rural Center Revitalization, 3.8 billion won for the Beolgyo Jangdo Mudflat Exploration Road, and 3 billion won for the Urban Regeneration New Deal Project. These initiatives are expected to swiftly drive improvements in residents' quality of life and revitalize the local economy.

In the area of living environment improvement, the county will also invest in expanding environmental infrastructure, including 1.9 billion won for the installation of a municipal solid waste incineration facility, to create a more pleasant and safe living environment.

Kim Cheolwoo, the county governor, stated, "This supplementary budget is not simply an increase in spending, but a strategic investment to enhance Boseong's future competitiveness and bring about tangible changes in the lives of our residents, even in times of crisis. We will do our utmost to ensure swift and efficient budget execution so that every resident can feel the impact of these changes."

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