Funds for School Building Seismic Retrofitting (Before the revision) Local Bonds 37.5% 12.5% State Subsidies 50% Granted as tax allocation to local gov. 18.75% (After the revision) 31.25% Actual expense by local gov. Local Bonds 30% 3.3% State Subsidies 66.7% Granted as tax allocation to local gov. 20% 13.3% Actual expense by local gov.
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