Gangwon Provincial Assembly Begins 20-Day Inspection of Province and Office of Education Budget Execution
Gangwon Provincial Assembly Appoints '2025 Fiscal Year Settlement Inspection Committee'
Nine Members Including Accounting Experts; Assembly Member Won Mihee Appointed as Lead Committee Member
Thorough Review of Provincial and Education Office Budget Execution Appropriateness Until May 5
The Gangwon Provincial Assembly (Chairman Kim Siseong) has initiated a full-scale verification process to ensure that the valuable tax funds of local residents have been executed transparently and appropriately.
Gangwon Provincial Council (Chairman Kim Si-sung) held the '2025 Fiscal Year Settlement Inspection Committee Appointment Ceremony' on the 16th at the Council's consultation room. Provided by Gangwon Provincial Council
View original imageThe Gangwon Provincial Assembly announced that on the 16th, it held the 'Appointment Ceremony of the 2025 Fiscal Year Settlement Inspection Committee' at the Assembly Counseling Room and appointed a total of nine committee members.
The Settlement Inspection Committee is composed of nine members in total, including three provincial assembly members, as well as certified public accountants, tax accountants, public institution officials, and former public officials who possess extensive experience and expertise in finance and accounting.
From April 16 to May 5, over a period of 20 days, the Settlement Inspection Committee members will comprehensively inspect and analyze the appropriateness of budget execution and cases of waste in accordance with local finance-related laws and accounting procedures of Gangwon Province and the Gangwon Provincial Office of Education, and will prepare an inspection opinion report.
Once the settlement inspection is completed, the Governor of Gangwon Province and the Superintendent of Education must submit the settlement approval bill, including the inspection opinion report, to the Assembly by May 31. The Provincial Assembly will then review the submitted settlement statement and the attached inspection opinion report as reference materials at the regular session in September, evaluating the settlement of revenue and expenditure.
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Chairman Kim Siseong stated, "The settlement inspection process is crucial for preventing the waste of residents' tax money and for establishing proper standards for budget formulation, deliberation, and execution. I hope that this settlement inspection will not only serve as a simple check of fiscal execution but will also thoroughly analyze fiscal performance so that we can set a sound and transparent direction for future budget management."
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