Eunpyeong District's 2027 Budget Proposal Totals 1.3274 Trillion Won; Welfare and Health Account for 70%

Budget up 112.4 billion won... New child-rearing and marriage support grants

Seoul’s Eunpyeong District said on November 4 that it had drawn up a 2027 budget proposal totaling 1.3274 trillion won and submitted it to the district council. That is an increase of 112.4 billion won, or about 9.3%, from this year’s original budget. The increase was largely driven by higher external revenue, including national and city subsidies and real estate grant tax.

Eunpyeong-gu Office. Provided by Eunpyeong-gu.

By sector, welfare and health account for 921.1 billion won, or about 70% of the total. This includes 281.6 billion won for the basic pension, 203 billion won for livelihood and housing benefits, 47.2 billion won for disability activity support, and 45.7 billion won for childcare subsidies. To address the low birth rate, the district will introduce new child-rearing and marriage support grants. It will also begin operating two new welfare facilities for older adults: the Eunpyeong-Style Just Do It for You Center and the Eunpyeong Senior Life Campus.

The district allocated 109.1 billion won to living environment and urban infrastructure. It will move ahead in earnest with developing a multifunctional cultural center at the Eungam 2-dong Community Service Center and carrying out a major overhaul of the Eunpyeong Environmental Plant. It will also introduce a new shuttle bus connecting public cultural facilities and serving areas with limited public transportation.

The education and culture sector received 49.7 billion won. The district will open the Sinsa Youth Culture House and build a screen park golf course for older adults in unused retail space at Saejeol Station. It allocated 28.3 billion won to support residents’ livelihoods and the local economy, including issuing 10 billion won worth of Eunpyeong Sarang Gift Certificates and establishing a second Startup Support Center.

The budget proposal will be finalized on December 16 after deliberation at the district council’s regular session.

District Mayor Kim Mi-kyung said, "We drew up the budget proposal with a focus on protecting residents’ daily lives and preparing for Eunpyeong’s future, even amid difficult fiscal conditions. We will safeguard fiscal sustainability while creating changes that residents can feel."

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