Gwangmyeong City Council Reviews Last Year's Budget and 2026 Supplementary Budget

by park, jae, choen Posted : September 3, 2026, 14:28Updated : September 3, 2026, 14:28

The Gwangmyeong City Council opened its 302nd regular session on September 3, beginning a 16-day schedule to review last year's budget execution and this year's supplementary budget proposal.
 
According to the council, this regular session will address ordinances, general proposals, the 2025 fiscal year settlement, the 2026 second supplementary budget proposal, and changes to the fund management plan.
 
Each standing committee will review ordinances and general proposals on September 4, followed by the examination of the 2025 fiscal year settlement from September 7 to 14.
 
During the settlement review, the council will assess whether last year's budget was executed according to its original purpose and whether the funds were used appropriately and efficiently throughout the project implementation process.
 
Additionally, the standing committees will also handle the approval of the 2026 administrative audit plan and requests for related materials.
 
On September 16, the council will review the 2026 second supplementary budget proposal and changes to the fund management plan, followed by a review by the Budget Settlement Special Committee on September 17, with final decisions on related matters to be made at the second plenary session on September 18.
 
The settlement and supplementary budget being discussed in this regular session are expected to draw community interest as they relate to the execution of projects directly connected to citizens' lives, including transportation, welfare, safety, and culture.

 

Local residents believe that the council's budget review should focus on projects that genuinely benefit their daily lives.
 
One resident stated, "I hope the budget is carefully checked to ensure it is used where it is truly needed by citizens," adding, "I also hope the supplementary budget prioritizes areas that citizens can feel the impact of."
 
Another resident expressed, "When the council reviews the budget, I hope they consider not just the scale of the projects but also their necessity from the perspective of the citizens who will use them."
 
Lee Hyung-deok, the council chair, remarked, "This regular session is an opportunity to confirm the appropriateness of last year's budget execution and to review the direction of key ongoing projects," stating, "We will thoroughly examine various matters, including the settlement and supplementary budget."
 
Meanwhile, the council plans to conclude this regular session with the second plenary session on September 18.





* This article has been translated by AI.