Seongnam City to Increase This Year's Budget by 377 Billion KRW... Total Reaches 4.5866 Trillion KRW
Third Supplementary Budget Allocated for Daejang District Public Library Construction,
Seongnam Jeil Elementary School Reconstruction, and More
Seongnam City in Gyeonggi Province (Mayor: Shin Sangjin) announced on August 28 that it has drawn up its third supplementary budget for the year, increasing the budget by 377 billion KRW to a total of 4.5866 trillion KRW, and has submitted it to the city council.
This represents an 8.9% increase from the previous budget, with a focus on projects closely related to citizens' daily lives and key initiatives for balanced regional development.
The city has allocated 6.6 billion KRW for the redevelopment of Sanseong Park (amusement park) and the construction of a Forest Community Center, 3.973 billion KRW for the construction of a public library in the Daejang District, and 970 million KRW for the creation of a youth-friendly, beautiful street in Seongnam High-Tech Valley, aiming for completion and opening in 2026 without delay. In addition, the city has allocated 450 million KRW for the creation of an on-street parking lot to alleviate parking shortages near Moran Folk Five-Day Market, 1.5 billion KRW for the additional installation of pedestrian bridges at Beolteo Bridge and Dangwoo Bridge to improve school routes, 1.45 billion KRW for the construction of the Tancheon Gumi Pedestrian Bridge, 2 billion KRW for educational environment improvement projects to renovate outdated school facilities and create future-oriented learning spaces, and 1 billion KRW for the reconstruction of the main building at Seongnam Jeil Elementary School, all aimed at reducing citizens' inconvenience and creating a safe and convenient living environment.
The city has also carefully prepared projects to support vulnerable groups to prevent the spread of infectious diseases. It has allocated 96 million KRW to support pertussis vaccinations for newborns' primary contacts (parents and grandparents), and 204 million KRW to provide hepatitis A vaccinations for vulnerable groups, including basic livelihood security recipients, the near-poor, and high-risk groups for hepatitis A aged 20 to 49, thereby ensuring citizens' right to health and strengthening public health.
Hot Picks Today
600 Million vs. 460 Million vs. 160 Million... Samsung Electronics DS Division: "Three Paychecks Under One Roof"
- Opening a Bank Account in Korea Is Too Difficult..."Over 150,000 Won in Notarization Fees Just for a Child's Account and Debit Card" [Foreigner K-Finance Status]②
- [Breaking] KOSPI Triggers Buy-Sidecar... Early Session Recovers 7,500 Mark
- "Disappointing Results: 80% of Sunscreens Found Lacking in Safety and Effectiveness"
- "Who Is Visiting Japan These Days?" The Once-Crowded Tourist Spots Empty Out... What's Happening?
A Seongnam City official stated, "This supplementary budget focuses on improving the quality of life for citizens and investing in Seongnam's sustainable development," adding, "We will continue to pursue policies that citizens can truly feel, based on fiscal efficiency and public interest."
© The Asia Business Daily(www.asiae.co.kr). All rights reserved.