Osan-si's Budget for Next Year Set at 888.3 Billion Won... 16% Increase

Reflection of Gyeongbu Line Overpass, East Government Building, and Complex Cultural Center Construction
Mayor Lee: "Actual Available Resources Reduced for Sound Fiscal Management"

Osan City in Gyeonggi Province announced on the 26th that it has drafted a budget of 888.3 billion KRW for next year and submitted it to the city council. This represents a 16.5% increase compared to this year's 762.48 billion KRW.

The budget for next year consists of 753.06 billion KRW in the general account and 135.314 billion KRW in the special account. The city explained that it formulated the budget focusing on unnecessary and non-essential expenses in line with the government's sound fiscal policy, while paying special attention to budgets directly related to citizens' lives.

Lee Gwon-jae, Mayor of Osan City, is delivering a policy speech on next year's budget proposal at the city council plenary session. Photo by Osan City

Mayor Lee Gwon-jae stated in his policy speech at the city council, "Excluding essential expenses such as rising personnel costs and increased welfare budgets, as well as designated expenses, this is a tight-budget policy with reduced actual available resources."

The city elaborated that the 2024 budget focuses on ▲proactively establishing the foundation for a self-sufficient Connect City with a population of 500,000 ▲improving education programs and welfare for Osan's future generations ▲enhancing administrative convenience, citizen safety, and welfare ▲creating cultural and healing spaces for citizens.

In the urban development sector, the budget includes project costs such as ▲transfer funds for the construction of the Gyeongbu Line railway crossing road (26.6 billion KRW) ▲construction of the Namchon-dong complex government building (17.5 billion KRW) ▲construction of the Sinjang 2-dong administrative welfare center (4.8 billion KRW) ▲construction of the Busandong living culture center (3.05 billion KRW). Also included is 17.5 billion KRW in operating support funds for Osan Urban Corporation, which is set to officially launch early next year. Subsidies for installing nightscape lighting in apartment complexes, a pledge project of the 8th elected administration, are allocated 1.26 billion KRW, and subsidies for installing Sprout Stations in apartment complexes are allocated 200 million KRW.

In the education sector, the budget includes ▲native speaker online English education and English camps (300 million KRW) ▲support for boarding experiential learning for middle school students (700 million KRW) ▲construction of the Uncheon High School gymnasium (500 million KRW) ▲AI coding education (280 million KRW) ▲student career and college entrance support (140 million KRW).

In the welfare sector, notable items include ▲support for women's sanitary pads (780 million KRW) ▲funeral encouragement subsidies (400 million KRW) ▲replacement of heating and cooling systems in facilities (480 million KRW) ▲improvement of care workers' treatment (550 million KRW).

Additionally, in the cultural sector, the city added that the budget reflects ▲operation of the health walking activation project (120 million KRW) ▲design costs for installing landscape lighting at Mulhyanggi Arboretum (200 million KRW).