"Was Residents' Tax Money Spent Properly?"... Jeonnam Provincial Council Begins Rigorous Inspection of Budget Execution

The Jeonnam Provincial Council has appointed settlement inspection committee members to examine the appropriateness of the 2025 fiscal year's budget execution, marking the official start of the settlement review period.

On March 12, the Jeonnam Provincial Council announced that it had held the '2025 Fiscal Year Settlement Inspection Committee Appointment Ceremony,' composed of a total of 10 experts, including professionals in finance and accounting.

The newly appointed committee includes three provincial council members-Okhyun Cho (Democratic Party of Korea, Mokpo District 2), Hyungseok Lim (Democratic Party of Korea, Gwangyang District 1), and Hogun Jin (Democratic Party of Korea, Gokseong)-as well as four former public officials with extensive practical experience in relevant fields and three certified tax accountants.

The Jeonnam Provincial Council held the 'Appointment Ceremony of the 2025 Fiscal Year Settlement Audit Committee,' consisting of a total of 10 experts in finance and accounting fields. Provided by Jeonnam Provincial Council

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The appointed committee members will rigorously verify whether the budget executed during the last fiscal year was spent in accordance with its original purpose and plan. They will review the overall financial operations of both the Jeonnam Provincial Government and the Provincial Office of Education by inspecting major project executions as well as examining settlement reports and financial statements.

Chairman Tae-gyun Kim emphasized, "Please thoroughly confirm whether the precious taxes paid by our residents have been properly executed in line with their original intent and purpose," adding, "I hope you will carefully check for any shortcomings or areas that require improvement in the overall financial management."

In response, the committee members stated, "We will conduct the settlement inspection from an objective and fair perspective, closely examine the overall financial management, and approach the inspection with a sense of responsibility."

This year's settlement inspection will be conducted sequentially: for the Jeonnam Provincial Government, from April 16 to 24; and for the Jeonnam Provincial Office of Education, from April 25 to May 4.

Meanwhile, the Jeonnam Provincial Council had already approved the appointment of settlement inspection committee members at the 1st plenary session of its 397th extraordinary session. Based on the inspection results, the council plans to finalize the approval of the settlement and reserve fund expenditure at the 1st regular session in September.

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