Yangyang County Allocates 422 Billion Won for 2026 Main Budget, Up 2.09% from This Year

Focus on Improving Residential Environment and Advancing Key Projects

Yangyang County in Gangwon Province has allocated a total of 422.03592 billion won for its 2026 main budget and submitted it to the county council on November 20.

Aerial view of Yangyang County Office. Provided by Yangyang County.

This represents an increase of 8.65310 billion won compared to this year’s main budget of 413.38282 billion won.

The general account has been set at 393.64079 billion won, an increase of 7.49649 billion won (1.94%) from this year. The special accounts cover six areas, totaling 28.39512 billion won, up 4.25% from last year’s 27.23851 billion won.

Yangyang County focused its budget planning on improving the residential environment and ensuring continuity in major ongoing projects, with the goal of creating a more livable city.

By sector, the allocations are as follows: ▲ Economic sector (agriculture, forestry, marine and fisheries, industry, small and medium enterprises and energy, transportation and logistics, land and regional development, etc.) 129.61127 billion won (32.93% of the total budget); ▲ Quality of life improvement for residents (culture and tourism, environment, social welfare, health, etc.) 138.24177 billion won (35.11%); ▲ Resident safety and property protection (public order and safety, etc.) 17.43211 billion won (4.43%); ▲ Administrative operations (general public administration, contingency funds, other areas, etc.) 104.66086 billion won (26.59%).

Major projects include: ▲ Yangyang treatment area sewage pipeline maintenance project, 7.6 billion won; ▲ Yangyang district comprehensive disaster management project, 7.5 billion won; ▲ Ganghyeon-myeon basic living hub development, 7.2 billion won; ▲ Environmental Resource Center operation, 6.6 billion won; ▲ Hajodae public sewage treatment facility expansion, 5.5 billion won; ▲ Seoraksan Osaek cable car installation, 5 billion won; ▲ Salmon natural spawning ground landscaping, 4.5 billion won; ▲ Hujin Port fishing village revitalization, 4 billion won; ▲ Multipurpose community center construction, 2.7 billion won; ▲ Wood culture experience center redevelopment, 2.7 billion won; ▲ Dongsan-ri coastal ecological trail construction, 1 billion won; ▲ Yangyang Love Gift Certificate issuance and operation, 600 million won; ▲ Free bus transportation card system for seniors, children, and youth, 400 million won.

In terms of revenue, the county’s own resources, including local taxes (26.325 billion won) and non-tax revenues (24.66842 billion won), total 50.99342 billion won, a decrease of 31.7% from the previous year. Dependent resources, such as local allocation tax and national subsidies, amount to 346.79910 billion won, an increase of 10.75%.

The main reason for the increase in revenue is the rise in national and provincial subsidies and local allocation tax, which led to an expanded main budget in line with the government’s fiscal management plan.

Despite challenging circumstances, the county plans to reduce unnecessary expenditures and prioritize the allocation of available resources to sectors that enhance residents’ convenience, following the principle of selection and concentration.

A county official stated, “We will operate the budget efficiently and utilize resources appropriately to help revitalize the local economy and improve the quality of life for residents.”

Meanwhile, this budget proposal will be finalized on December 15 after review during the 292nd regular session of the Yangyang County Council, which begins on November 20.

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