Ansan City prepares next year's budget worth 2.456 trillion won... 5.4% up from this year

Ansan City, Gyeonggi Province, announced on the 11th that it had prepared a main budget plan for next year worth 2.456 trillion won and submitted it to the city council.

This is an increase of 126.3 billion won (5.4%) from this year's main budget.

By accounting, general accounting increased by 118.2 billion won to 2.1714 trillion won, and special accounting increased by 8.1 billion won to 284.6 billion won.

The city explained that it prepared the budget with a focus on stabilizing people's livelihoods despite worsening financial conditions in Gyeonggi-do, such as changes in provincial subsidy rates.

The welfare budget was set at KRW 1.1333 trillion, a 7.5% increase from this year, and KRW 6.5 billion in youth basic income was also reflected despite the reduction in support from Gyeonggi Province.

Major projects included the establishment of Sangnoksu Station on the GTX-C line (KRW 9.4 billion), the construction of a mutual culture sharing school (KRW 1.7 billion), the development of advanced robot and humanoid process models based on physical AI (KRW 600 million), and the construction of an artificial intelligence conversion (AX) demonstration industrial complex (KRW 350 million).

Next year's main budget plan is scheduled to be confirmed on the 17th of next month after deliberation by the city council.