Suwon City Announces 2015 Budget Compilation Results...2.0878 Trillion Won

Suwon City announced on the 27th that it has compiled a budget of 2.0878 trillion won for fiscal year 2015.

According to the city, this year's total revenue and expenditure budget amounts to 2.0878 trillion won, representing an increase of 56.3 billion won compared to the previous year.

By sector in general account expenditures, social welfare accounted for the largest share at 37.25%, totaling 586.3 billion won.

This was followed by other sectors at 13.65% (213.9 billion won).

Transportation accounted for 9.07% (142.1 billion won), while culture and tourism followed at 8.71% (136.5 billion won).

Within the welfare budget, childcare received the largest allocation at 43.4% (253.4 billion won), while elderly and youth programs accounted for 32.3% (188.7 billion won).

Basic livelihood security received 10.9% (63.4 billion won), followed by vulnerable group support at 8.4% (49.0 billion won).

For detailed information on the 2015 budget compilation results, visit Suwon City's homepage (www.suwon.go.kr) or the Citizens' Participatory Budget section (yesan.suwon.go.kr).