Gyeonggi Office of Education Cuts Next Year's Main Budget Amid Worsening Fiscal Conditions
The Gyeonggi Provincial Office of Education has reduced its main budget for 2026.
The office announced on the 3rd that it has set next year’s budget at 22.9259 trillion won and submitted it to the Gyeonggi Provincial Council. This budget is 138.1 billion won less than this year’s 23.064 trillion won.
The main sources of next year’s budget are as follows: ▲ 18.4499 trillion won in transfers from the central government, ▲ 3.6786 trillion won in transfers from local governments, and ▲ 14.6 billion won in net world surplus, among others.
Transfers from local governments and the amount utilized from fund transfers have decreased by 127.2 billion won and 709.4 billion won, respectively, resulting in an overall reduction in the fiscal scale compared to the previous year.
Due to a decrease in revenue, the office determined that expenditure restructuring was unavoidable in preparing next year’s budget. To improve fiscal efficiency, it implemented a uniform 10% cut in operating expenses and curbed new facility project costs and asset acquisition expenditures.
Major expenditure items include 1.5747 trillion won for basic school operating expenses, 1.1506 trillion won for customized early childhood education and integrated support, 652.2 billion won for new and expanded school facilities, 205.7 billion won for Neulbom School operations, 174.7 billion won for improving digital infrastructure, 129.5 billion won for ensuring safe school meals, and 31.7 billion won for strengthening teacher rights protection and school violence prevention.
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Budget officer Gal Inseok stated, “Although there were various difficulties in budget planning due to worsening fiscal conditions, we made efforts to establish an efficient budget by actively communicating and cooperating with each project department and educational administrative agency.” He added, “We will do our best to reflect essential educational projects such as direct student activity expenses and future education policy budgets to the greatest extent possible, while suppressing unnecessary expenditures to establish sound fiscal management.”
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