Namyangju City Compiles Second Supplementary Budget for 2024

[Suwon Ilbo=Um In-yong Reporter] Namyangju City announced on the 24th that it has submitted the "2024 Second Supplementary Budget" to the city council.

The supplementary budget, compiled with focus on stabilizing people's livelihoods and promoting essential projects, totals 2.5007 trillion won, an increase of 110 billion won compared to the first supplementary budget, comprising 2.1427 trillion won in general accounting and 358 billion won in special accounting.

The city compiled this supplementary budget with emphasis on stabilizing local finances, revitalizing the local economy, and addressing community-oriented pending projects.

In particular, the city addressed insufficient project funds through rigorous expenditure budget restructuring, including cutting operational expenses and early repayment of execution balances from project budgets.

First, regarding livelihood-related budgets, the city is pursuing local economic revitalization by allocating funds for △Namyangju Love gift certificate issuance support (2 billion won) △elderly transportation fee support projects (1.4 billion won) △strengthening competitiveness of small and medium enterprises (200 million won) △supporting local commercial district development and revitalization (200 million won).

In the culture and environment sector, the city has allocated 11.6 billion won including △Gungjip parking lot construction project (2.5 billion won) △Jinjeop-eup Pungyang badminton court installation (2.6 billion won) △Mongol Cultural Village redevelopment project (2 billion won) △Deokso~Dogok abandoned railway cultural park creation (1 billion won).

In the road and traffic sector, the city has secured 15.3 billion won including △financial support for Deoksong~Naegak private roads (5.5 billion won) △school route pedestrian environment improvement projects (700 million won) △daily inconvenience civil complaints resolution (700 million won) △village safety road reinforcement work (1.1 billion won).

Additionally, efforts have been made to establish a close-knit welfare safety net for protecting the socially vulnerable.

In the health and welfare sector, the city has allocated 19.1 billion won including △long-term care insurance benefit-related expenses (6.3 billion won) △disability activity support benefit provision (500 million won) △community children's center support-related expenses (200 million won) △high blood pressure and diabetes registration management projects (400 million won) △childbirth celebration bonuses (300 million won).

Namyangju Mayor Ju Gwang-deok stated, "Since all citizens are going through difficult times due to continued economic downturn and high inflation, it is necessary to find a breakthrough," adding, "We compiled this supplementary budget by carefully reviewing major pending issues with livelihood stabilization and local economic revitalization as our top priorities."