Damyang-gun Increases 1st Supplementary Budget by 49.3 Billion Won

566 Billion KRW Scale, a 9.5% Increase Compared to the 2023 Original Budget

On the 15th, Damyang-gun, Jeollanam-do announced that it has prepared and submitted the first supplementary budget proposal for 2023, amounting to 49.3 billion KRW, to the county council to accelerate the progress of major pending projects in the 8th local government administration.

With this supplementary budget, this year's budget increased by 9.5% compared to the original budget of 516.7 billion KRW, reaching 566 billion KRW. The general account increased by 48.8 billion KRW (9.5%) to 556.9 billion KRW, and the special account increased by 0.5 billion KRW (6.4%) to 9.1 billion KRW compared to the original budget.

By sector, the increases were as follows: 12.5 billion KRW for agriculture, 8.2 billion KRW for culture and tourism, 7.2 billion KRW for land and regional development, 6.6 billion KRW for environment, and 4.2 billion KRW for social welfare.

Looking at the major budget items, to realize a prosperous ‘rich farming village,’ the budget includes 100 million KRW for a feasibility study on the construction of an agricultural products comprehensive distribution center, 350 million KRW for the smart farm infrastructure construction project, 410 million KRW for the establishment of startup-type farming facilities for young farmers, and 470 million KRW for organic fertilizer support projects.

In particular, with the resumption of events and festivals that were suspended due to COVID-19, the budget reflects 280 million KRW for infrastructure maintenance before the Bamboo Festival, 600 million KRW for the Midsummer Night Starlight and Moonlight Festival, 60 million KRW for the County Residents’ Day commemorative event, and 50 million KRW for the Damyang Hanwoo Festival. It also includes 1.8 billion KRW for the foundation project of the Korea Garden Culture Center and 40 million KRW for the basic plan establishment for the Southern Region Wide-area Tourism Development Project to revitalize tourism.

Additionally, to foster strategic industries driving regional development, the budget includes 1 billion KRW for the construction of the 2nd General Industrial Complex, 500 million KRW for the food-specialized agricultural industrial complex, 150 million KRW for the senior medical complex, and 310 million KRW for the smart factory dissemination project.

For the implementation of ‘Hyangchon Welfare,’ the budget allocates 90 million KRW for the operation support of middle-aged rest centers, 160 million KRW for the operation of senior welfare centers, 440 million KRW for remodeling senior welfare towns, 90 million KRW for support for residents of senior medical welfare facilities, and 180 million KRW for the expansion of social activity support projects for senior employment.

Other allocations include 1.9 billion KRW for the maintenance of the Shingyeje reservoir dedicated to drinking water, 2.1 billion KRW for sewage pipeline maintenance in untreated areas, 1.6 billion KRW for the Peace Art Park construction project, and 400 million KRW for the installation of an animal protection center. For livelihood stabilization, 190 million KRW is allocated for emergency fuel support to transportation companies, 1.25 billion KRW for agricultural duty-free fuel support projects, and 190 million KRW for support against agricultural electricity price increases.

A county official stated, “This first supplementary budget was prepared focusing on urgently needed projects to fulfill our promise to residents of creating a ‘happy and self-reliant economic city for all’ despite the difficult economic conditions such as rising prices. Once the budget is approved, we will strive to ensure that the planned projects proceed without any setbacks.”