Sokcho City Drafts First Supplementary Budget of 560.3 Billion Won, Up 19 Billion Won from Original Budget

City Prioritizes Residential and Working Conditions, Public Safety, and Everyday SOC
Focused Investment in Projects That Directly Impact Citizens to Boost the Local Economy
Mayor Lee Byungseon: "Allocating Resources First to Revitalize the Livelihood Economy"

Sokcho City in Gangwon Province has drafted the first supplementary budget proposal for 2026, totaling 560.3 billion won, an increase of 19 billion won (3.52%) compared to the original budget, and submitted it to the Sokcho City Council. The budget proposal will be submitted to the council's temporary session on March 3.

View of Sokcho City Hall.

By accounting category, the general account has been set at 482.8 billion won, up by 14.5 billion won from the original budget. The special account stands at 77.5 billion won, an increase of 4.5 billion won.

This first supplementary budget was prepared to reflect the fact that, unlike the nationwide trend of economic recovery, local fiscal conditions remain difficult due to factors such as a shortage of local allocation tax. Sokcho City plans to prioritize funding for projects that directly impact citizens, such as improving residential and working conditions, ensuring public safety, and upgrading everyday social overhead capital (SOC), in order to reduce inconvenience for residents and revitalize the local economy.

First, in the areas of residential and working condition improvements, the budget includes: △Relocation support grants (600 million won), △Childbirth congratulatory gift support (80 million won), △Worker settlement matching funds (160 million won), △Sokcho New Middle-aged Plus Project (70 million won), △Dormitory construction for workers at Daepo Agro-Industrial Complex (300 million won increase), and △Operating expenses for public postpartum care centers (200 million won increase).

In the field of everyday SOC, the budget reflects: △Installation of road heating cables on Daepo Gogaet-gil (600 million won), △Installation of shielding walls at the park golf course (600 million won), △Facility improvements at the pressurized floating water treatment plant in Daepo Agro-Industrial Complex (1 billion won), and △Pavement work on the commuting road to Seorak High School (70 million won), all aimed at alleviating resident inconvenience and revitalizing the local economy.

For agriculture and fisheries, which form the foundation of the region, the budget includes: △Expansion of the seafood sales center (120 million won), △Subsidies for bulk purchasers of Gangwon rice (90 million won), and △Support for bait for red snow crab coastal trap fishing (100 million won), among others, totaling 2.4 billion won in project funding.

Mayor Lee Byungseon of Sokcho stated, "Although the domestic economy is gradually recovering, many aspects are still not felt in the daily lives of citizens. I hope the projects funded through this supplementary budget will provide practical help to residents."

He added, "I ask for the city council's active understanding and cooperation regarding the supplementary budget proposal."

Meanwhile, the first supplementary budget proposal for Sokcho City in 2026 is scheduled to be finalized by a resolution of the council's plenary session on March 9, following presentations by each department and a review by the Special Committee on Budget and Accounts.

This content was produced with the assistance of AI translation services.