Suwon City Achieved Budget Savings of 22.5 Billion Won Last Year

Suwon City achieved budget savings of 22.5 billion won last year through the budgetary efficiency efforts of its public officials.

The city held a Budget Performance Review Committee meeting and announced on the 13th that it achieved 22.5 billion won in budget savings across 15 projects, including 21.4 billion won in savings from 12 projects and 1.1 billion won in increased revenue from 3 projects.

The departments that achieved high results in budget savings this time include 13 departments including the Tax Administration Division, Water Management Division, Facilities Construction Division, and Facilities Management Corporation.

The city explained that these departments achieved budget savings and increased revenues through the continuous efforts of civil servants, including creative thinking, system improvements, work simplification, and tax base discovery while carrying out their operations.

The city will provide incentives to 61 people from 13 departments in this review according to the extent of budget savings.

A city official said, "We highly appreciate the dedication and passion of task managers who worked to reduce budgets" and "Going forward, we will increase participation and focus on sound financial management."