Goyang City Increases First 2025 Supplementary Budget by 84.9 Billion Won

Total Budget of 3.4254 Trillion KRW
Increase of 84.9 Billion KRW Compared to the Main Budget
Top Priority on Revitalizing the Local Economy to Overcome Economic Recession

Goyang Special City in Gyeonggi Province (Mayor Lee Dong-hwan) announced on the 7th that it submitted the first supplementary budget proposal for 2025, amounting to 3.4254 trillion KRW, to the city council on the 6th.

A view of Goyang Special City Hall. Provided by Goyang Special City.

The supplementary budget is 84.9 billion KRW (2.5%) higher than the previous main budget (3.3405 trillion KRW). By account type, the general account increased by 59.2 billion KRW (2.1%), and the special account increased by 25.7 billion KRW (4.8%).

This supplementary budget mainly includes projects securing special grants and special adjustment grants allocated in January, budget changes within national and provincial subsidy projects, and additional expenses for major ongoing city projects.

Key individual projects to promote regional development and economic revitalization include ▲3 billion KRW for the feasibility study on the Daegok Station area knowledge convergence complex commercialization plan ▲1.97 billion KRW for the revitalization project of declining commercial districts ▲200 million KRW for supporting companies participating in CES 2026 in Goyang ▲800 million KRW for safety improvements and rest area creation in the KINTEX exhibition hall connecting passage, laying the foundation for sustainable regional development.

For cultural development and tourism activation, the budget reflects ▲800 million KRW for the 2025 Goyang Lake Art Festival ▲1 billion KRW for the light-up street project in Janghang-dong tourism special zone ▲500 million KRW for environmental improvement of the Siksa Badminton Court ▲1 billion KRW for space and environment improvement at Hanmoe Library.

To improve transportation conditions, the budget includes public transportation fare refund support projects such as ▲7 billion KRW for the K-Pass ▲5.25 billion KRW for hydrogen bus purchase subsidies ▲2.7 billion KRW for village bus financial support, as well as citizen-participated sidewalk block maintenance projects like ▲1.6 billion KRW for Raon-gil maintenance ▲1 billion KRW for elevator installation around 1751 Janghang-dong.

Additionally, essential budgets for ongoing or concluding projects include ▲250 million KRW for road construction around Sarihyun Interchange (south side of City Road No. 81) ▲300 million KRW for the construction of Ilsandong-gu Public Health Center building ▲300 million KRW for road construction in Jichuk-dong Samsong settlement (Soro 2-422 line), ensuring smooth project progress.

Furthermore, for improving leased or facility-reinforced government buildings, the budget includes ▲6.5 billion KRW for department relocation at Goyang City Hall ▲290 million KRW for environmental improvement construction for the relocation of Seongsa 1-dong Administrative Welfare Center ▲48 million KRW for seismic reinforcement design services at Ilsan 1-dong Administrative Welfare Center.

Goyang Special City stated regarding this supplementary budget, “Although resources are limited and the budget is insufficient, we hope it will inject vitality into the local economy struggling with the deepening economic recession.”

This supplementary budget proposal is scheduled to be reviewed and approved at the 292nd extraordinary session of the Goyang Special City Council, held from the 14th to the 28th.