Gyunho Kim of Gwangju Seo-gu Council Strengthens Transparency of Business Promotion Expenses

Ordinance on the Use and Disclosure of Business Promotion Expenses Passed

Gyunho Kim, Member of the Gwangju Seo-gu Council and current Chair of the Planning and General Affairs Committee, sponsored the ‘Abolition Rule on the Use and Disclosure of Business Promotion Expenses of the Gwangju Seo-gu Council’ and the ‘Ordinance on the Use and Disclosure of Business Promotion Expenses of the Gwangju Seo-gu Council’ during the 339th extraordinary session. Both proposals were approved by the relevant standing committee.

This agenda abolishes the existing rules on business promotion expenses and establishes a new ordinance that more specifically details the usage standards and pre- and post-procedures. This institutional reform is significant in that it aims to further strengthen the accountability and transparency of executing business promotion expenses.

Kim Kyunho, member of the Gwangju Seo-gu District Council.

The newly established ordinance includes: mandatory submission of a usage plan before spending business promotion expenses; restrictions on uses unrelated to official council activities; the requirement to prepare supporting documents for each expenditure; quarterly disclosure of usage details; mandatory education and inspection at least once a year; and sanctions such as recovery of improper expenditures and referral to the Special Ethics Committee.

Through this, a clearer and stricter management system based on ordinance, rather than the previous rule-based operation standards, will be established.

Assemblyman Kim stated, “Since business promotion expenses are public funds executed from residents’ taxes, they should not be managed merely by internal operating standards. It is necessary to manage them according to clearer criteria set forth in ordinances. By abolishing the previous rules and enacting a new ordinance, I hope this will enhance the rationality and transparency of business promotion expense usage and serve as an opportunity to build a more trusted and transparent council for our residents.”

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