Yangju City Finalizes First Supplementary Budget of 2017 at 693.2 Billion Won

Yangju City announced that its first supplementary budget proposal for 2017 was submitted to the Yangju City Council for deliberation and finalized on the 19th to vitalize the local economy and stabilize livelihoods.

The 2017 first supplementary budget stands at 693.2 billion won, a 10.84% increase from the original budget.

By account type, the general account increased by 55.8 billion won to 542.4 billion won, and the special account increased by 11.9 billion won to 150.8 billion won (public enterprises 114.19 billion won, others 36.63 billion won).

For the general account, revenue budget increases include 1.2 billion won in non-tax revenue (3.54%), 8.2 billion won in local transfer tax (6.79%), 5.8 billion won in adjustment grants (14.92%), 5.1 billion won in national treasury subsidy (4.53%), and 16.1 billion won in provincial subsidy (58.37%).

Regarding the general account expenditure budget, major budget allocations by sector show that △for culture and tourism, comprehensive improvements to the Yangju Mok Gwangeun site, precise measurement survey of drainage facilities at Yangju Hoiamsa Temple Site, construction of the main gate at Yangju Hoiamsa Temple Site, comprehensive improvement project for Yangju Daemosan Fortress, Samsung indoor gymnasium construction, and Deokjeong badminton dome facility improvement project have been allocated 2.2 billion won in increased funding for cultural tourism infrastructure development and citizen sports facility convenience provision,

△for environment, aging facility improvement construction at Geomjun public wastewater treatment facility, exhaust gas reduction device installation support, and electric vehicle purchase support have been allocated 0.9 billion won in increased funding, △for social welfare, comprehensive social welfare town site development, veterans hall construction, comprehensive elderly care services, basic livelihood assistance, comprehensive welfare center for the disabled construction, Nuri curriculum operation expenses and childcare cost support have been allocated 16.4 billion won in increased funding to strengthen social safety nets for vulnerable groups.

Furthermore, △for health sector, pest control and disinfection projects, tuberculosis management at health centers, and scoliosis screening projects have been allocated 0.2 billion won in increased funding, △for agriculture and forestry, selective customized agricultural policies, environmentally-friendly agricultural material support, water facility maintenance projects, livestock environmental improvement projects, and forest fire disaster employment projects have been allocated 7.2 billion won in increased funding to enhance farm income,

△for industry and small business sector, Yangju energy self-reliance implementation plan establishment, university creative job center support projects, and village enterprise nurturing support projects have been allocated 0.4 billion won in increased funding, △for transportation and traffic, highway opening construction between Goeup and Goam, Gungjido route 98 (Osan-Danchon) road alignment improvement, road expansion and paving, and road and bridge maintenance projects have been allocated 18.4 billion won in increased funding for social infrastructure development and resolution of citizen inconveniences, △for land and regional development, Nambang-dong Saetteul village project, Seokwoo neighborhood park development, small stream maintenance, and local river maintenance have been allocated 5.4 billion won in increased funding.

A city official stated, "This supplementary budget reflects revenues from non-tax income, local transfer tax and national highway subsidies, incorporating national subsidy projects directly related to citizen livelihoods and reflecting only necessary projects to address urgently occurring statutory mandatory expenses and citizen inconveniences. We will make every effort to ensure that the allocated budget can be tangibly felt by citizens through project implementation."