Cheorwon County Sets Record-High 2026 Budget at 620.5 Billion Won, Focusing on Local Economic Vitality and Livelihood Stability

Cheorwon County’s Budget Increases by 9.42% Compared to Previous Year

On November 20, Cheorwon County in Gangwon Province submitted its 2026 initial budget proposal to the Cheorwon County Council, setting the general account at 600.8 billion won and the special account at 19.7 billion won. This brings the total to a record-high 620.5 billion won, an increase of 53.4 billion won (9.42%) compared to this year.

Cheorwon County Office building.

Despite challenging fiscal conditions caused by a decrease in non-tax revenue and uncertainty in tax revenue prospects, Cheorwon County has set its basic direction for the 2026 initial budget as proactive fiscal management to revitalize the local economy and strategic, performance-oriented financial administration.

Key independent projects include 1.6 billion won to strengthen Cheorwon County’s promotional marketing, 6 billion won for establishing a base space for the Hantangang (Songdaeso) UNESCO Global Geopark, 1.9 billion won for river-related resident projects, 1.5 billion won for small river maintenance, 2.1 billion won for child-rearing allowances, 2.7 billion won for sports marketing to host and operate various sports events, 1.5 billion won for the Kimhwa Park Golf Course development, 2.6 billion won for educational expense support, 4 billion won for the Cheorwon scholarship program, 1.9 billion won for the integrated spatial information construction project, 3.9 billion won for living environment improvement projects, 1.7 billion won for small-scale irrigation and drainage maintenance, 1.5 billion won for supporting the purchase of rice farming machinery, and 1.8 billion won for local waterworks facility improvements.

Major national and provincial government-funded projects include 3.4 billion won for the Cheorwon Historic Village Project, 7.9 billion won for the Cheorwon County Comprehensive Funeral Facility Construction Project, 5.4 billion won for the border area living infrastructure (LPG) project, 5 billion won for the Charyeon Multipurpose Indoor Gymnasium Construction Project, 4.8 billion won for the Hakjeosuji Healing Sports Facility Project, 4.3 billion won for the Food Integration Support Center construction, 7.3 billion won for the Kimhwa Public Sewage Treatment Facility expansion, 9.3 billion won for the Dongsong Public Sewage Treatment Facility expansion, and 3.2 billion won for the Galmal Public Sewage Treatment Facility expansion.

In particular, for national and provincial government-funded projects, Cheorwon County secured new budget allocations through consultations with central ministries and metropolitan organizations for a wide range of initiatives, including the Cheorwon Historical and Cultural Park Peace Village Project, the Cheorwon Historic Village Project, the Daedaegol Natural Disaster Risk Improvement District Maintenance Project, the Border Area Ecological Village Project, the Galmal 215 Road Expansion Project, the Border Area Ecological Peace Tourism Hub Project (Starlight Park Construction), the Galmal Urban Area Maintenance Project, the Renewal Gyerim Januri Village Project, support for the multifaceted industrialization of rural resources, the Hak 1 District Large-Scale Land Readjustment Project, and the Dongsong Sewage Treatment Area (Odeok 2 Treatment District) Sewer Maintenance Project.

Cheorwon County Governor Lee Hyeonjong stated, "Although fiscal demand in various sectors continues to increase, revenue conditions remain limited. Nevertheless, we will do our utmost to efficiently manage our limited resources so that finances can be operated for the stability of people’s livelihoods, revitalization of the local economy, and the happiness of all county residents."

Meanwhile, this budget proposal will be reviewed by the Special Committee on Budget and Accounts for eight days starting December 8, and will be finalized at the plenary session on December 19.

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