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BackGwanak-gu, Seoul confirms supplementary budget worth 52.5 billion won... Total budget 1.2341 trillion won
Gwanak-gu, Seoul confirms supplementary budget worth 52.5 billion won... Total budget 1.2341 trillion won
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연합뉴스2 hours agoPolitics1 min readSouth KoreaView original

Gwanak-gu, Seoul confirms supplementary budget worth 52.5 billion won... Total budget 1.2341 trillion won

Gwanak-guSupplementary budgetJunhee Park

Quick Look

  • Gwanak-gu in Seoul confirmed this year's second supplementary budget worth 52.5 billion won, bringing the total budget to 1.2341 trillion won, a 4.45% increase from the original budget.
  • KRW 10.7 billion will be allocated to the welfare sector and KRW 4 billion will be allocated to the expansion of urban infrastructure to support low-income people and improve living environments.

AI-generated summary

Why It Matters

Gwanak-gu in Seoul is focusing on resident welfare and urban infrastructure expansion by organizing a supplementary budget for financial management.

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Gwanak-gu, Seoul (Chief Park Jun-hee) announced on the 17th that this year's second supplementary budget worth 52.5 billion won was confirmed after deliberation by the district council.

Accordingly, the district's total budget for 2026 increased by 4.45% to KRW 1.2341 trillion from the established budget (KRW 1.1815 trillion).

District Mayor Park Jun-hee said, "Amid difficult financial conditions, we have concentrated our limited financial resources on projects that are essential for improving the lives, safety, and welfare of residents. We will execute them quickly and substantively so that you can feel the effects."

In the welfare sector, 10.7 billion won will be allocated for livelihood benefits, housing benefits, self-reliance work projects, parental benefit support, maternal and newborn health care support, and postnatal care expenses, etc. to support low-income families and the elderly and improve childcare and parenting environments.

In addition, in order to improve the living environment of residents and expand urban infrastructure, ▲ the creation of a building construction fund related to the construction of the Samseong-dong complex (KRW 4 billion), ▲ the creation of a climate-responsive urban forest (KRW 1 billion), and ▲ the project to promote the use of domestic wood to create a woodworking experience center in Cheongnyongsan Mountain (KRW 500 million) were reflected.

In addition, operating costs for additional issuance of Gwanak Love Gift Certificates and Danggyoyo Gift Certificates, land purchase costs for the Daehak-dong public parking lot, and additional construction costs for the underground public parking lot at Sangdo Neighborhood Park were also included.

Open Questions

  • What is the financing plan for the supplementary budget?
  • When is the specific implementation period for the organized projects?

Related Topics

Gwanak-gu
PeopleJunhee ParkJung Joon-young
OrganizationsGwanak-gu, SeoulYonhap News
PlacesGwanak-gu, SeoulSamseong-dongCheongryongsan MountainDaehak-dong
TopicsSupplementary budgetJunhee Parkwelfare budgetcity infrastructurehousing benefitSamseong-dong Complex Building
This article was originally published by 연합뉴스.

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