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Icheon City Council

Home > function > Budget & settlement

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Budget & settlement

When budget and settlement is submitted to the council, after explanation of the head, they are sent to the standing committee. The standing committee would pre-deliberate after listening to concerned chief officials, and should report the result to chairman. The chairman would send report to the special committee on budget and accounts. In the special committee on budget and accounts, would summon chief officials and listen their explanation. If it is necessary, coefficient adjustment small committee should be constructed. In this committee, budget and settlement deliberation would be completed, and send it to the main meeting. In the main meeting, special committee chairman would explain, and after that representatives would discuss and then vote.

Processing of revised supplementary budget and reserve fund

The head submits budget, Acceptance, distribution to representative, reporting to the main meeting, explanation (in the main meeting), Head, sending it to standing committee(written document), Chairman can decide period of deliberation, laying/deliberation/deciding in standing committee., Explanation from chief officials, Reporting result to chairman, sending it to special committee, laying/deliberation/deciding in special committee, In case of increase of budget and setting of new item of expenditure, executive organ's agreement is necessary, reporting to Chairman, laying/deliberation/deciding in the main meeting, Special agenda should be reexamined in special committee., In case of increase of budget and setting of new item of, expenditure, head's agreement is necessary., The budget must be voted before 10days of fiscal year, sending it to the head(In 3 days), Reporting to governor or minister. , (Budget must be reported directly, settlement must be in 5days), proclamation.