Dongjak-gu Confirms 2024 Budget of 855.4 Billion KRW, Up 6.9% from Previous Year

▲Social Welfare 484.5 billion KRW (56.64%) ▲Transportation & Environment 66.3 billion KRW (7.74%) ▲Safety & Health 25.2 billion KRW (2.95%) etc.

Dongjak-gu (Mayor Park Il-ha) announced on the 26th that the 2024 budget has been finalized at a record high of 855.4 billion KRW after review by the district council.

This is an increase of 55.3 billion KRW (6.9%↑) compared to this year’s original budget of 800.1 billion KRW, consisting of ▲general accounts 842 billion KRW and ▲special accounts 13.4 billion KRW.

The budget allocation by sector is ▲social welfare 484.5 billion KRW (56.64%) ▲land and regional development 22.5 billion KRW (2.63%) ▲transportation and environment 66.3 billion KRW (7.74%) ▲economy 6 billion KRW (0.7%) ▲education 12.6 billion KRW (1.47%) ▲culture and tourism 16.7 billion KRW (1.96%) ▲safety and health 25.2 billion KRW (2.95%), etc.

The social welfare sector accounts for 56.64% of the total budget at 484.5 billion KRW, increasing by 51.8 billion KRW from last year due to increased veterans’ allowances and expansion of the Dongjak Welfare Card. The budget includes ▲4 hundred million KRW for Dongjak-style dinner lunchbox support ▲240 million KRW for expanded operation of the senior citizen exclusive call center ▲160 million KRW for youth job-seeking activity support, aiming to implement welfare policies covering all age groups.

The land and regional development sector is allocated 22.5 billion KRW, newly reflecting ▲300 million KRW for a feasibility study to discover new urban development project sites ▲740 million KRW for loan support for detailed safety inspections of reconstruction projects ▲250 million KRW for the revision of the Sangdo district unit plan.

The transportation and environment sector has a budget of 66.3 billion KRW, focusing on a user-centered convenient transportation environment. It includes ▲600 million KRW for a feasibility study and road construction for Seongdae-ro improvement ▲7.1 billion KRW for public parking lot construction ▲230 million KRW for additional support for senior citizens returning their driver’s licenses ▲410 million KRW for children’s traffic safety environment improvement projects, also emphasizing accident prevention.

The economy sector is allocated 6 billion KRW, including ▲280 million KRW to support local resident startup spaces and ▲2.7 billion KRW for issuing local love gift certificates, which will be issued at a scale of 46 billion KRW next year.

Notably, for the first time among Seoul’s autonomous districts, 1.93 billion KRW has been newly allocated to support youth jeonse rental housing, with the district directly securing housing near transit stations to supply to local youth.

The education sector budget is 12.6 billion KRW. It includes ▲expanding the operation of the school commute safety support team to 450 million KRW ▲investing 580 million KRW to expand the Dongjak Admission Support Center, which opened in May this year ▲allocating 690 million KRW for remodeling the Sadang 4-dong youth reading room for renovation ▲reorganizing lifelong education courses into the ‘Dongjak Citizen University.’

The culture and tourism sector is allocated 16.7 billion KRW, focusing resources on expanding cultural infrastructure such as ▲420 million KRW for creating a small library in Shindaebang-dong ▲200 million KRW for establishing a park golf course in Daebang Park ▲520 million KRW for operating the Haearae Noryang Water Gun Battle and water play area.

The safety and health sector budget is 25.2 billion KRW. In particular, to prevent crime and build a dense urban safety network, the budget for installing security CCTV has been expanded to 1.36 billion KRW. Additionally, 20 million KRW has been newly allocated for issuing safe numbers to prevent personal parking numbers from being misused in crimes.

Park Il-ha, Mayor of Dongjak-gu, emphasized, “We will thoroughly prepare in advance so that projects can be promptly implemented from the beginning of the year,” and added, “In 2024, we will concentrate all administrative and financial capabilities to create ‘the best value city where residents feel pride’ through greater changes.”