Yangyang County Finalizes Main Budget for Next Year at 422 Billion Won... Up 2.09% from Previous Year

Finalized at the Third Plenary Session of the Yangyang County Council Regular Meeting
Similar to This Year... Increased by 8.6 Billion Won

The budget for Yangyang County, Gangwon Province for next year has been finalized at 422.03592 billion won.

Aerial view of Yangyang County Office.

The county announced on the 16th that the 2026 budget plan was approved at 422.03592 billion won during the third plenary session of the 293rd regular meeting of the Yangyang County Council held on the 15th.

This budget represents an increase of 8.6531 billion won (2.09%) compared to this year's main budget of 413.38282 billion won. Based on the main budget, this is the fourth time since 2023 that the budget has exceeded 400 billion won.

The main reason for the budget increase is the rise in subsidies. While non-tax revenue decreased by 13.8 billion won compared to the previous year, subsidies increased by 24.2 billion won as large-scale subsidized projects such as the construction of a complex community center, sewer pipeline maintenance, and expansion of public sewage treatment facilities are set to be actively pursued next year. As a result, the increased budget was allocated compared to last year's main budget.

The general account was set at 393.64079 billion won, up 7.49649 billion won (1.94%) from this year, while the special accounts in six areas were set at 28.39512 billion won, up 4.25% from this year's 27.23851 billion won.

By sector, the allocations are as follows: ▲ Economic sector (agriculture, forestry, maritime and fisheries, industry, small and medium enterprises and energy, transportation and logistics, land and regional development, etc.) 129.61127 billion won (32.93% of the total budget); ▲ Quality of life improvement for residents (culture and tourism, environment, social welfare, health, etc.) 138.24177 billion won (35.11%); ▲ Resident safety and property protection (public order and safety, etc.) 17.43211 billion won (4.43%); ▲ Administrative operations (general public administration, contingency funds, other areas, etc.) 104.66086 billion won (26.59%).

Major projects include: ▲ Yangyang treatment area sewer pipeline maintenance project, 7.6 billion won; ▲ Yangyang district disaster-prone living zone comprehensive maintenance project, 7.5 billion won; ▲ Basic living base creation in Ganghyeon-myeon, 7.2 billion won; ▲ Environmental resource center operation, 6.6 billion won; ▲ Hajodae public sewage treatment facility expansion project, 5.5 billion won; ▲ Seoraksan Osaek cable car installation project, 5 billion won; ▲ Salmon natural spawning ground landscaping project, 4.5 billion won; ▲ Hujin Port fishing village revitalization project, 4 billion won; ▲ Complex community center construction project, 2.7 billion won; ▲ Dongsan-ri coastal ecological trail construction, 1 billion won; ▲ Yangyang Love Gift Certificate issuance and operation, 600 million won; ▲ Free bus transportation card system for seniors, children, and youth, 400 million won, among others.

Despite challenging revenue conditions this year and next, the county plans to accelerate improvements to residential conditions and the implementation of key projects with the goal of creating a more livable city.

Kim Sangcheol, Director of Planning and Budget, stated, "We will strive to efficiently manage our limited budget and strategically utilize resources to invigorate the local economy and contribute to improving the living conditions of our residents."