FY2026 Local Fiscal Council Meeting Summary (September 15)

Overview

The Local Fiscal Council deliberated on and approved the amount of the September-period FY2026 Special Grant for Traffic Safety Measures under Article 21 of the Supplementary Provisions of the Road Traffic Act. The deliberation confirmed the decrease in fine revenue, trends in the number of traffic accidents, and the appropriateness of the grant allocation indicators. The number of traffic accidents decreased by approximately 18,000 cases from 2021 to 2025.

This summary was automatically generated by AI. Please refer to the original article for accuracy.

Key points

  • The council approved the amount of the September-period FY2026 Special Grant for Traffic Safety Measures.
  • A decrease in the number of violations was confirmed as a factor contributing to the decrease in fine revenue.
  • The number of traffic accidents decreased by approximately 18,000 cases from 2021 to 2025.
  • Using the number of traffic accidents, the population in densely inhabited districts, and the length of improved roads as allocation indicators was deemed appropriate.

Overview

This is a summary of deliberations by the Local Fiscal Council concerning the provision of the Special Grant for Traffic Safety Measures under Article 21 of the Supplementary Provisions of the Road Traffic Act. The subject was the grant amount for the September period of FY2026; after receiving an explanation, the council deliberated and approved it.

Details

The deliberation addressed the fact that, while the fine amount per violation has increased, total fine revenue has declined year after year. The decrease was confirmed to be attributable to a decline in the number of violations.

The number of traffic accidents has been declining year after year in recent years, decreasing by approximately 18,000 cases between 2021 and 2025.

The grant is calculated using the number of traffic accidents, the population in densely inhabited districts, and the length of improved roads as allocation indicators. It was explained that selecting these indicators was appropriate because they have a high correlation with the settlement amounts for traffic safety facility development projects carried out by local governments.

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