Suwon City Confirms First Supplementary Budget of 451.3 Billion Won

[Suwon Ilbo=Reporter Jung Jun-sung] The 451.3 billion won supplementary budget for 2025, the first of its kind submitted by Suwon Metropolitan City, has passed the city council.

The Suwon City Council approved and resolved the city's 2025 First Supplementary Budget during the second plenary session of the first regular session of the 393rd assembly on the 24th.

The total size of the city's first supplementary budget is 3.6412 trillion won, a 14.15% increase of 451.3 billion won from the original 2025 budget of 3.1899 trillion won.

Despite difficult financial conditions including reduced tax revenues, the city secured funds through active structural adjustments in spending and prioritized budget allocation to livelihood economic recovery policies and civic initiatives closely related to citizens' daily life.

Major budget increases in the first supplementary budget include: △14.8 billion won for local currency issuance support △46.1 billion won for metropolitan railway projects including the Shinbundang Line double-track expansion from Gwanggyo to Homaesilm and Indeokwon to Dongtan △12.4 billion won for carbon-neutral green city development △4.2 billion won for construction of Geumgok-dong public library △2.7 billion won for construction of Ingye-dong government building △2.9 billion won for agricultural and fisheries opportunity income △1 billion won for citizen safety insurance △1 billion won for multi-family housing management subsidies △600 million won for livelihood economic stabilization measures, among others.

Mayor Lee Jae-jun said, "Despite difficult financial conditions, we have focused on investing in projects that enhance citizen welfare, and have committed resources without hesitation for livelihood recovery and revitalizing the local economy. We will carefully review new government policy commitments and actively pursue policy projects that can be implemented in coordination with Suwon City."