Uiseong County Council to Conduct In-Depth Audit of Fiscal Management

Full-scale Audit of Settlement

Comprehensive Review from Tax Spending to Fiscal Structure

The Uiseong County Council has launched a settlement audit to review the substance of the county’s fiscal management over the past year, stepping up efforts to strengthen responsibility and transparency in local finance. Going beyond a simple review of accounts, this process will scrutinize the appropriateness of budget execution and the effectiveness of policies, serving as a key turning point for determining the future direction of financial operations.

Uiseong County Council Looks Beyond the 'Numbers' of Finance

The Uiseong County Council, chaired by Choi Hoon-sik, announced that from April 1 to April 20, it will conduct a 20-day settlement audit covering all aspects of revenue, expenditure, and fund management for the Fiscal Year 2025.

The settlement audit is a procedure in which auditors, appointed by the council, conduct a comprehensive pre-emptive review of fiscal execution before the settlement report—prepared after the end of the fiscal year—is submitted to the council. This process thoroughly examines whether the budget was executed for its intended purposes and whether financial resources were used efficiently. It is regarded as a critical mechanism that determines the soundness and credibility of local financial management.

For this settlement audit, Assemblywoman Park Sunhee has been appointed as the lead auditor, with certified tax accountant Park Jutae, former policy chief Kim Deukhan, and former Anpyeong-myeon chief Jeon Munho participating as external members. By including external experts with practical experience in finance and administration, the audit has secured both expertise and objectivity, lending the process greater significance.

During the audit period, the auditors will not only focus on the appropriateness of revenue and expenditure execution but will also closely examine the rationale behind unspent and carried-over funds, as well as the efficiency of fund operations. Particular emphasis will be placed on a structural analysis of how limited resources were allocated and utilized, with the aim of identifying issues in fiscal management and proposing directions for improvement.

Start of the Fiscal Year 2025 Audit: 20 Days of Comprehensive Inspection of Revenues, Expenditures, and Funds

Chairman Choi Hoon-sik stated, "The settlement audit is not just a check of numbers; it is an important process that retraces all aspects of the year’s fiscal management. We hope this will be an opportunity to rigorously verify whether residents’ valuable taxes were used appropriately and efficiently, thereby further enhancing the soundness and transparency of local finance."

The credibility of local finance stems from an assessment of "how it was spent." Whether this settlement audit can move beyond a formal procedure to deliver substantive improvements will serve as a test for the future direction of Uiseong County’s fiscal management.

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