Suwon City Saves 3.4 Billion Won Through Various Policy Initiatives

Suwon City announced on the 29th that it saved 3.4 billion won in budget through the ‘reduce operational expenses by 10%’ and ‘budget savings through policy discovery’ initiatives last year.

According to the city, during the supplementary budget compilation, the city identified budget cuts in advance and promoted at least one budget-saving policy per department.

As a result, budget savings achieved through ‘reduce operational expenses by 10%’ last year amounted to 1.396014 billion won, exceeding the target by 135%. Through the ‘budget savings through policy discovery’ initiative, 2.014574 billion won was saved, representing 112% of the target amount. In particular, outstanding cases from budget-saving policy discoveries were applied to actual operations.

The city minimized budget and administrative waste by downsizing and adjusting neighborhood associations and administrative councils in response to changes in residential environments such as the expansion of multi-family housing, and reduced design service fees by operating in-house design task forces for various projects. Civil engineers conducted in-house inspections on electrical construction, reducing service fees, and switched promotional methods to online formats through internet media to reduce promotional material production costs. The city reduced mailing compensation through automatic transfer of local taxes, and utilized advanced information and communications technology (ICT) to consolidate existing integrated lines without expanding lines, terminating other lines to reduce telecommunications utility fees.

A city official stated, “This year as well, we plan to expand the operation of outstanding cases and continuously develop and implement budget-saving measures.”