Suwon to Prepare 3.36 Trillion Won First Supplementary Budget of Eighth Democratic Election Term

[Suwon Ilbo=Reporter Jung Jun-sung] Suwon City announced on the 18th that it has prepared the 2022 First Supplementary Budget Plan worth 3.36 trillion won as Mayor Lee Jae-jun of Suwon Special City's first budget composition following the launch of the eighth democratic election term.

This supplementary budget is focused on stabilizing the livelihood economy through active investment in COVID-19 resurgence response and regional economic recovery projects, while also prioritizing projects in the fields of 'civic vitality promotion,' 'lifestyle innovation,' and 'gap elimination' to fulfill promises made to citizens in the eighth term.

The first supplementary budget totals 3.36 trillion won, a 482.2 billion won (16.8%) increase from the 2022 original budget of 2.88 trillion won, comprising 442 billion won in general accounting increases and 40.2 billion won in special accounting increases.

General accounting revenue includes increases of 205 billion won in local taxes, 14.6 billion won in local transfer taxes, and 154.8 billion won in national and provincial subsidies, with 76 billion won from net carryover surplus allocated for a total revenue budget of 442 billion won.

General accounting expenditures include a 13.1 billion won reduction from unexecuted balance of events and festival projects in the first half that could not proceed normally due to COVID-19, and increases of 89 billion won in autonomous projects, 239.3 billion won in subsidiary projects including national and provincial subsidies, and 38.7 billion won in reserve funds for emergency preparedness against COVID-19 and disasters.

For the first field of fulfilling promises to citizens, 'civic vitality promotion' projects were allocated 35.3 billion won.

△Special guarantees for small business owners 1.7 billion won △expanded local currency incentive issuance 7.4 billion won △temporary support for non-public route bus drivers 8.9 billion won △income stabilization support for general taxi drivers 6.9 billion won △Suwon agricultural and marine products market facility modernization support 3.5 billion won were allocated.

For 'lifestyle innovation' projects, 75.8 billion won was allocated, supporting projects that improve traffic and residential environment and assist in practicing carbon neutrality.

△Road opening between Suin Industrial Road and Uiwang Reservoir 3.2 billion won △Hadong IC elevated roadway soundproof tunnel restoration 3.8 billion won △urban regeneration projects for revitalizing the original downtown 1.5 billion won △low-floor electric bus deployment 9.2 billion won △electric vehicle purchase support 4.5 billion won △Suwon Arboretum development and operation 15.2 billion won △children's park renovation (12 locations) 6.1 billion won were allocated.

For 'gap elimination' projects including support for vulnerable groups and cultural and sports infrastructure establishment, 60.4 billion won was allocated.

△meal support for underfed children 1.8 billion won △activity service support for people with developmental disabilities 1.9 billion won △emergency livelihood stability support for low-income groups 12 billion won △creation of public benefit facilities above Hwanggujicheon public sewage treatment facility 2.1 billion won △construction and operation of Gwanggyo Complex Sports Center 3.6 billion won △cultural city creation 3 billion won △Suwon Hwaseong cultural heritage area improvement 1.6 billion won were allocated.

For COVID-19 resurgence and disaster response projects, 87.9 billion won was allocated.

△COVID-19 livelihood support allowance 62.1 billion won △special support for COVID-19 bus industry 2.7 billion won △quarantine supplies support for small and medium enterprises and small business owners 2.4 billion won △funeral support for COVID-19 deceased 1.3 billion won △installation of unmanned traffic enforcement equipment 6.6 billion won △seismic reinforcement of Saeteo Bridge and Gokbanjeong Bridge 1.2 billion won △repair of Woncheon Bridge and Jungryangyo Bridge 1.4 billion won were allocated.

The city submitted the first supplementary budget plan to the city council on the 18th and plans to finalize it on September 7.