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Osan City Confirms First Supplementary Budget of 890.6 Billion Won

Increase of 2.37 billion won from original budget...Focus on stabilizing people's livelihoods, disaster recovery, and boosting local economyMayor Lee Gwon-jae: "We will realize 'Osan City where education, culture, and economy are in harmony'"
View of Osan City Hall. (Photo=Osan City)
View of Osan City Hall. (Photo=Osan City)

[Suwon Ilbo=Park Chan-hyeok Reporter] Osan City announced on the 18th that the '2025 First Supplementary Budget Proposal' for 890.6 billion won submitted to the Osan City Council has been confirmed.

The supplementary budget, which increased by 2.37 billion won from the original budget of 888.3 billion won for this year, was prepared with emphasis on stabilizing people's livelihoods, disaster recovery, and boosting the local economy.

To support citizens and small business owners facing difficulties due to high interest rates and high prices, the city reflected △emergency heating expense support for vulnerable groups at risk in cold weather (246 million won) △incentives for issuing local love gift certificates (370 million won). The city determined that additional support was necessary based on the confirmed high demand from residents after the local currency sold out early in January. Accordingly, the city plans to stimulate consumption and increase sales for small business owners.

The budget also includes disaster recovery expenses from heavy snowfall in November of last year. △disaster recovery subsidy for heavy snowfall damage targeting farmers (137 million won) △disaster relief funds for heavy snowfall damage targeting small business owners (98 million won), etc. The city plans to provide disaster relief funds to farmers and small business owners affected by the heavy snowfall. The inclusion of heavy snowfall damage support budget in the supplementary proposal resulted from Mayor Lee's determination that prompt recovery support was necessary after he personally visited the site of heavy snowfall damage last November to confirm the situation.

In addition, to improve local cultural and tourism infrastructure, the city is establishing budgets for △Doksan Fortress East Gate Parking Lot Barrier Installation (140 million won) △Busan-dong Water Play Park Development Project (1.5 billion won) △Cheongho-dong Water Play Park Development Project (1.3 billion won), and plans to accelerate the realization of Mayor Lee Gwon-jae's core value of the 8th civil-elected term, 'a city where education, culture, and economy are in harmony.'

Mayor Lee Gwon-jae stated, "Through this supplementary budget, we have actively secured resources for recovering the people's economy and regional development," adding, "From recovery of heavy snowfall and cold wave damage to support for small business owners and expansion of education and cultural infrastructure, we will create changes that residents can feel and realize 'Osan City where education, culture, and economy are in harmony.'"

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