Pyeongtaek City Compiles Third Supplementary Budget of 257.6 Billion Won

[Suwon Ilbo=Reporter Seo Dong-young] Pyeongtaek City announced on the 18th that it has compiled the 2020 third supplementary budget proposal at 2.4068 trillion won, an increase of 257.6 billion won from the second supplementary budget, and submitted it to the City Council.

The supplementary budget scale increased by 262.3 billion won (15.9%) for the general account to 1.9094 trillion won, while the special account was reduced by 4.7 billion won (−0.9%) to 497.4 billion won.

This supplementary budget aimed to reduce budget allocations for projects difficult to pursue due to the prolonged COVID-19 pandemic, while actively supporting projects requiring completion within the year and COVID-19 relief budgets to enhance budget execution efficiency.

The major projects allocate 200.7 billion won for COVID-19 support projects including small and medium-sized enterprise growth support (1 billion won), and 19 billion won for mandatory designated-use projects including small-scale hydrogen production facility construction (2 billion won).

In particular, the budget enables smooth implementation of pending projects including Cheongbuk Sports Park development (2 billion won), Mosan Neighborhood Park development (1 billion won), Eunshil Neighborhood Park development (1.6 billion won), Tongbok underground underpass opening (2.3 billion won), road construction and maintenance projects (9.1 billion won), Central Area public bus depot development (100 million won), Midong small stream maintenance (1.4 billion won), Seungdu small stream maintenance (1 billion won), Jisan Nockgeun Library remodeling (1 billion won), and vehicle emission reduction project (1.5 billion won).

Meanwhile, the City Council plans to deliberate on and make a final decision on the third supplementary budget proposal at the 217th Extraordinary Session to be held beginning on the 27th.