Osan City Finalizes 21 Billion Won “One-Time Supplementary Budget” Focused on Public Welfare and Disaster Safety

Supplementary Budget Allocated to Ease High Oil Prices and Transportation Costs
Citizen Livelihood Stability Supplementary Budget Approved, Totaling 975 Billion Won
Expansion of K-Pass Public Transportation Fare Refunds and Fuel Subsidy Support
City Aims to Implement Meticulous Policies for Public Welfare and Economic Stability

Osan City in Gyeonggi Province has finalized a 21 billion won “one-time supplementary budget” aimed at stabilizing citizens' livelihoods and supporting economic recovery, taking action to bolster public welfare and disaster safety.

A panoramic view of Osan City Hall. Courtesy of Osan City

According to the city on May 12, the second supplementary budget for fiscal year 2026 amounts to 975 billion won—an increase of 21 billion won from the original budget. The budget was approved and finalized at the 302nd temporary session of the Osan City Council, held on May 7.

This supplementary budget was drawn up in conjunction with the central government’s emergency budget to quickly implement livelihood stability projects that citizens can directly feel. In particular, it focuses on easing the burden on citizens caused by high oil prices and inflation, as well as stabilizing the local economy.

Major allocations include 16.8 billion won in compensation for damages caused by high oil prices, 5.9 billion won for K-Pass public transportation fare refund support, and 8 billion won in fuel subsidies for the transportation sector. Through these measures, the city aims to reduce the burden of transportation costs for citizens and alleviate operating pressure on the freight, city bus, and taxi industries.

In addition, a significant portion of the budget has been allocated to disaster and safety initiatives. These include heating cost support for vulnerable groups, installation of flood detection alarm systems in underground parking lots of apartment complexes, installation of flood detection alert systems in underpasses and roadways, construction of river entry barriers, and river dredging projects for natural disaster prevention.

Furthermore, a special account has been set aside to support areas near power plants, which will fund the replacement of aging air conditioners in senior community centers within the city and the introduction of a disaster prevention wireless broadcasting system (Sedong).

An Osan City official stated, “By providing fuel subsidies for freight trucks, city buses, and taxis, we aim to alleviate the burden on the transportation sector caused by rising oil prices and to stabilize transportation services for citizens. We will also actively work to reduce transportation expenses for citizens through the K-Pass public transportation fare refund support project.”

They added, “We will do our utmost to make Osan City a place where everyone can live with peace of mind, prioritizing the safety of elderly citizens who are particularly vulnerable in crisis situations.”

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