Boseong-gun Confirms 2025 Main Budget of 666.6 Billion Won

Focus on Revitalizing the Livelihood Economy and Sound Fiscal Management
"Completing Current Projects Amid Difficult Fiscal Conditions"

Boseong-gun, Jeollanam-do, finalized the 2025 main budget worth 666.6 billion KRW on the 16th after approval by the county council. The general account is 571.4 billion KRW, a decrease of 1.4 billion KRW (△0.24%) compared to this year, and the special account is 95.2 billion KRW, an increase of 9.5 billion KRW (11.02%).

A view of Boseong-gun government office.

Among the revenue budget, transfer resources decreased by 25.6 billion KRW in local allocation tax, while national and provincial subsidies increased by 9.8 billion KRW, resulting in a total decrease of 15.8 billion KRW compared to this year’s main budget, totaling 554.5 billion KRW. Independent resources amount to 112.1 billion KRW, an increase of 23.8 billion KRW compared to the 2024 main budget. Local taxes and non-tax revenues decreased by 900 million KRW and 800 million KRW respectively, but compensation income increased by 25.7 billion KRW.

Due to the government’s failure in tax revenue estimation causing sudden reductions in local allocation tax for two consecutive years at the end of the year, the 2025 local allocation tax resources were conservatively planned. On the expenditure side, the validity and effectiveness of all financial projects were re-examined from the ground up to eliminate wasteful elements, while focusing on strategic resource allocation in preparing the main budget.

The county plans to concentrate financial capabilities on five major areas next year: inclusive welfare and reliable administration with residents, fostering prosperous agriculture, forestry, and fisheries, promoting attractive culture, sports, and tourism, ensuring safe residents and a vibrant local economy, and balanced development through regional development by zones.

To achieve inclusive welfare and reliable administration with residents, the budget includes 11 billion KRW for expanding elderly job and social activity support, 3 billion KRW for infant care fees and parental allowance support, 600 million KRW for childbirth encouragement childcare support and infertility treatment for couples, 300 million KRW for youth and young adult local cultural festivals, 200 million KRW for youth entrepreneurship support, and 100 million KRW for basic birth allowance to respond to the population extinction crisis.

In the field of fostering prosperous agriculture, forestry, and fisheries for all, the budget allocates 4.4 billion KRW for activating high-quality rice distribution projects, 4.2 billion KRW for the Boseong tea industry advancement project, 1.6 billion KRW for smart farm greenhouse construction support, 1.6 billion KRW for the New Vitality Plus project, and 80 million KRW for supporting the foreign seasonal worker system to solve rural labor shortages and realize high added value of crops.

For promoting attractive culture, sports, and tourism, the budget includes 4 billion KRW for establishing the Boseong marine leisure tourism hub, 2.4 billion KRW for the Boseong tea field tourism resource project, 2.3 billion KRW for creating the Boseong tea garden, 1.8 billion KRW for the Taebaek Mountain Range theme park, 1.6 billion KRW for neighborhood-type gymnasium construction, 900 million KRW for the Boseong Dahyang Festival, and 300 million KRW for the Boseong drone light show.

In the area of safe residents and a vibrant local economy, the budget invests 10.4 billion KRW in the Boseong county aged water supply network maintenance project, 8 billion KRW in the Boseong urban flood drainage pipe maintenance project, 7.4 billion KRW in the Boknae district rural living water development project, and 4.8 billion KRW in the Beolgyo Bongnim and Yangchon flood damage living area comprehensive maintenance project.

Following this year, a significant budget will be allocated again next year to the water supply and sewerage sector to prevent habitual urban flood damage and provide safe and clean water to all residents.

Kim Cheol-woo, the mayor of Boseong-gun, stated, “As the local allocation tax is expected to continue decreasing due to the shortage of national tax revenue next year, we have done our best to secure fiscal soundness by adjusting discretionary budgets and non-urgent project budgets. Despite difficult financial conditions, we plan to allocate resources appropriately and complete urgent projects to revitalize livelihoods and the local economy.”