All Available Resources Mobilized for Livelihood Support, Including SMEs, Small Business Owners, Safety, and Road Transportation
Submitted to City Council
Gimpo City, Gyeonggi Province (Mayor Kim Byung-su) announced on the 7th that it has prepared the 2nd supplementary budget for 2025 amounting to 1.7393 trillion KRW and submitted it to the city council.
Gimpo City increased the budget by 66.4 billion KRW (4.0%) compared to the 1st supplementary budget and stated that despite worsening tax revenue conditions and accumulated expenditure demands causing increasing financial pressure, it has maintained a sound fiscal policy. The city focused on expanding tangible living infrastructure to stabilize people’s livelihoods and improve citizens’ quality of life, making every effort to allocate resources accordingly.
The livelihood support projects included in this 2nd supplementary budget cover a total of 62 projects with 37.613 billion KRW. In the economic sector, 1.5 billion KRW was allocated for small and medium enterprise development funds, and 15 million KRW for environmental improvement support for the Gimpo 5-day Market, totaling 1.941 billion KRW to promote management stability for small business owners and SMEs, which form the foundation of the local economy, and to support job creation.
For vulnerable groups such as the elderly and disabled, a total of 1.473 billion KRW was allocated, including an additional 300 million KRW for disability activity support benefits, 200 million KRW for individually operated residential facilities for the disabled, 100 million KRW for the Youth Tomorrow Savings Account (for low-income households), and 100 million KRW for senior citizen center environment improvement projects, focusing on eliminating welfare blind spots and enhancing the quality of life for socially disadvantaged groups.
For safety and facility maintenance support, a total of 8.546 billion KRW was allocated, including 6 billion KRW for sewer BTO and BTL operations and preliminary investments in sewer projects through the sewer special account transfer, 1 billion KRW for defect repair work on the long-term underground soundproof tunnel, and 300 million KRW for local river maintenance, focusing on improving aging facilities and disaster prevention to ensure citizen safety.
In transportation and road support, a total of 22.72 billion KRW was allocated, including 11.3 billion KRW transferred to the urban railway project special account for the operation and facility improvement of the Gimpo Gold Line, 10.5 billion KRW for the grade separation project at the Yangchon Industrial Complex intersection on National Road 84 scheduled for completion in June, and 200 million KRW for the construction of a school route for Unyang Elementary and Middle School, focusing on enhancing mobility convenience, public transportation accessibility, and creating a pleasant and safe urban traffic environment.
For sports and culture, a total of 2.574 billion KRW was allocated, including 1.7 billion KRW for the creation of a park golf course at Solter Sports Park, 500 million KRW for the construction of Gochon Singok Soccer Field, and 300 million KRW for remodeling Jungbong Library, aiming to enrich citizens’ leisure activities and strengthen community-based cultural and sports infrastructure.
Additionally, in response to urgent complaints raised at the New Year’s greeting meeting regarding relatively underdeveloped eup and myeon facilities, the city judged that prompt action was necessary after on-site inspections. Accordingly, it additionally allocated 60 million KRW for waterway and farm road maintenance in Dong-eulsan-ri, Tongjin-eup; 70 million KRW for repaving the factory complex in Sangma-ri, Daegot-myeon; 155 million KRW for installing stormwater drainage pipes in the flood-prone area of Gomak-ri, Wolgot-myeon; and 115 million KRW for drainage maintenance in Siam-ri, Haseong-myeon to alleviate citizens’ inconveniences.
A Gimpo City official emphasized, “This 2nd supplementary budget focused on concentrating finances on areas essential to citizens’ lives despite limited fiscal conditions, aiming to stabilize livelihoods and revitalize the local community simultaneously.” He added, “We will continue to listen closely to citizens’ voices and support their happiness with tangible budgets that respond accordingly. Once the budget is finalized, we will ensure smooth budget execution so that it can be delivered promptly to improve citizens’ lives.”
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