Suwon Special City Finalizes Second Supplementary Budget Worth 259.3 Billion Won

[Suwon Ilbo=Reporter Jung Jun-sung] The second supplementary budget for 2023 with an increase of 259.3 billion won for Suwon Special City has passed through the city council.

The Suwon City Council passed and resolved the revised 2023 second supplementary budget proposal submitted by the city at the second plenary session of the 376th first regular session on the 22nd.

Originally, Suwon City compiled and submitted 3.36 trillion won for the second supplementary budget, an increase of 259.3 billion won (8.34%) compared to the first supplementary budget of 3.11 trillion won. The city council revised and resolved the budget by reducing 23 projects by 779 million won and increasing 4 projects by 55 million won from the expenditure budget.

With the passage of the second supplementary budget, Suwon City has secured the momentum to implement major second-half policy projects closely related to citizens' daily lives.

Major projects in the second supplementary budget include ▲5 billion won for Suwon Enterprise New Light Fund creation ▲7.6 billion won for local currency general issuance incentives ▲1.23 billion won for Suwon-type village-level integrated care pilot project ▲12.33 billion won for resource recovery facility improvement ▲800 million won for Suwon-style low-rise residential area repair support ▲140 million won for garden culture creation ▲160 million won for palm garden creation and management ▲5 billion won for Hadong IC elevated road noise tunnel restoration ▲4.63 billion won for Mangpo-1 dong office building new construction ▲5 billion won for Ingye-dong office relocation and new construction ▲1.95 billion won for Paldal-gu Office exterior finishing repair ▲300 million won for Gyeonggi International Airport construction promotion, and others.

Suwon Special City Mayor Lee Jae-jun said, "This supplementary budget is a budget that revitalizes Suwon's economy and protects citizens' lives," and added, "We will continue to deliberate and communicate with the city council to create 'Everyone's City, One Suwon' where no one is left behind."