Special Committee on Budget and Accounts Approves Revised Total of 706.12 Billion KRW
Concerns Over Tax Revenue Shortfalls and Fund Depletion... Calls for Measures Such as Expanding New Revenue Sources
The Budget and Accounts Special Committee (Chair Kim Han-seul) of the Guri City Council, Gyeonggi Province (Chair Shin Dong-hwa), announced on the 29th that during the review held on the 28th, it examined the 2025 1st supplementary general and special account budget proposal and the 2025 Guri City Fund Operation Plan amendment, cutting a total of 402,498,000 KRW from the general account and revising the total to 706,120,213,000 KRW.
During this review, the committee examined the appropriateness of budget allocations for specific projects and decided to either cut or approve certain items.
The budget cuts made by the Budget and Accounts Special Committee include: ▲ 10 million KRW from the ‘Deputy Mayor’s Policy Promotion Expenses’ urging the swift appointment of the Deputy Mayor of Guri City ▲ 26 million KRW from the ‘Overseas Exchange Cooperation Project Promotion,’ which was frozen at the previous year’s level in the main budget ▲ 6.715 million KRW from ‘Seoul Incorporation Promotion Capacity Building Education,’ 12.5 million KRW from ‘Harmony Event with the Pan-Citizen Promotion Committee,’ and 6.66 million KRW from ‘Flower Festival with the Pan-Citizen Promotion Committee for Incorporating Guri City into Seoul,’ all of which were deemed unjustifiable as the city should not support citizen-led Seoul incorporation efforts without budgetary grounds ▲ 50 million KRW from ‘Revision of Guri City District Unit Plan Establishment Guidelines,’ which lacked sufficient budgetary justification ▲ 48 million KRW from ‘Our Village Gap Parking Lot Creation,’ a project necessary to be promoted considering regional balance.
Kim Han-seul, Chair of the Budget and Accounts Special Committee, stated, “This review focused on whether sufficient welfare-related budgets were secured, reflecting the need for tight fiscal management amid concerns over tax revenue shortages and fund depletion.” He added, “We judged that budget allocations for habitual or event-driven projects were inappropriate, and emphasized the need to establish fundamental solutions such as expanding new revenue sources and restructuring the budget to strengthen Guri City’s fiscal soundness.”
The Guri City Council plans to continue reviewing budget allocations for citizen welfare and regional development and to promote policies aimed at enhancing the efficiency of fiscal management.
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