Miyako City finances

岩手県宮古市の財政

City Iwate Prefecture, Japan Population 45,632 Area 1,259.18 km² FY2024 settlement of accounts
Total spending
¥38.1B
Per resident ¥834,593
Local bonds outstanding
¥42.8B
Per resident ¥938,293
Reserve funds
¥13.3B
Per resident ¥291,255
Fiscal strength index
0.36
Closer to 1.0 = more self-funded

Fiscal health rank among 1,741 municipalities and within Iwate Prefecture

Fiscal strength indexWorse than peers
0.36
#1030 of 1718 in Japan · #15 of 33 in the prefecture (highest first)
Median of similar municipalities 0.46
0.51.0
What this means

How much of the standard cost of public services a municipality can cover with its own tax revenue. Above 1.0, it receives no ordinary local allocation tax from the national government.

Current balance ratio
94.9%
#1313 of 1741 in Japan · #22 of 33 in the prefecture (lowest first)
Median of similar municipalities 93.6%
708090100
What this means

Recurring costs that must be paid every year (personnel, social assistance, debt service) as a share of recurring general revenue. The higher it is, the less room for new spending; above 90% is considered rigid.

Local bonds outstanding per residentWorse than peers
¥938,293
#1330 of 1741 in Japan · #23 of 33 in the prefecture (lowest first)
Median of similar municipalities ¥533,835
What this means

Outstanding local government bonds at fiscal year-end divided by the population.

Reserve funds per residentBetter than peers
¥291,255
#780 of 1741 in Japan · #16 of 33 in the prefecture (highest first)
Median of similar municipalities ¥215,241
What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratioWorse than peers
32.2%
#1117 of 1741 in Japan · #14 of 33 in the prefecture (highest first)
Median of similar municipalities 36.6%
What this means

The share of revenue the municipality raises itself: taxes, fees, charges and similar.

Fiscal adjustment fund ratioBetter than peers
27.6%
#750 of 1718 in Japan · #18 of 33 in the prefecture (highest first)
Median of similar municipalities 22.8%
What this means

The freely usable reserve (fiscal adjustment fund) as a percentage of standard annual revenue. Around 10–20% is considered comfortable.

Revenue ¥39.2B · per resident ¥859,367

Local taxes 13.6%Shared taxes and grants 5.3%Local allocation tax 31.8%National subsidies 15.9%Prefectural subsidies 5.4%Borrowing (local bonds) 9.3%Donations 2.1%Other 16.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥5.4B¥117,27913.6%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥2.1B¥45,8825.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥12.5B¥273,36131.8%
National subsidies
National treasury disbursements for specific programs
¥6.2B¥136,45615.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥2.1B¥46,7545.4%
Borrowing (local bonds)
New borrowing during the year
¥3.6B¥79,7759.3%
Donations
Including hometown tax (furusato nozei)
¥808M¥17,7032.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥6.5B¥142,15616.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥802M

Spending by function per resident

This municipalityMedian of cities with 30,000–50,000 people (175)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥10.8B¥237,707¥204,71328.5%
General administration
Office management, tax collection, family registers, elections
¥7.3B¥160,028¥95,25719.2%
Debt service
Repayment of principal and interest on local bonds
¥4.2B¥91,039¥55,60910.9%
Education
Schools, libraries, community centers, sports facilities
¥3.7B¥80,069¥65,1809.6%
Public works
Roads, bridges, parks, sewers, public housing
¥3.3B¥73,105¥56,1098.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥3.2B¥70,724¥53,6198.5%
Fire & emergency¥1.9B¥41,320¥24,6925.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥1.8B¥39,275¥15,9794.7%
Agriculture, forestry & fisheries¥1.5B¥32,782¥24,4983.9%
Assembly¥204M¥4,460¥4,5580.5%
Disaster recovery¥134M¥2,928¥1,5780.4%
Labor¥53M¥1,155¥4810.1%

Welfare spending

Children
¥3.5B
Per resident ¥77,603 (median ¥74,813)
Elderly
¥2.2B
Per resident ¥48,708 (median ¥44,208)
Social welfare
¥3.8B
Per resident ¥83,775 (median ¥69,722)
Public assistance
¥1.2B
Per resident ¥27,224 (median ¥15,038)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 42.3% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.400.500.600.702015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

86%88%90%92%94%96%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

45K50K55K60K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202445,632¥38.1B¥42.8B¥13.3B0.3694.9%—
FY202346,866¥34.7B¥43.2B¥14.2B0.3693.2%—
FY202248,038¥35.1B¥44.6B¥15.4B0.3793.5%—
FY202149,274¥39.0B¥45.4B¥15.0B0.3892.2%—
FY202050,562¥46.6B¥47.0B¥15.9B0.3993.0%—
FY201951,744¥40.6B¥45.1B¥19.0B0.3993.0%—
FY201852,973¥43.8B¥42.4B¥22.5B0.3891.8%—
FY201754,159¥52.1B¥39.4B¥27.3B0.3890.8%—
FY201655,150¥60.4B¥36.0B¥32.1B0.3690.8%—
FY201556,031¥64.0B¥34.2B¥37.7B0.3592.4%—

Similar-sized cities in Iwate Prefecture

All municipalities in Iwate Prefecture →

Source: Ministry of Internal Affairs and Communications, "Settlement of accounts by municipality" (ordinary accounts), processed by Zaisei Zukan. Per-resident amounts use that year's basic resident register population. Fiscal years run from April to March (FY2024 = April 2024 to March 2025). 日本語のページ(AIの要約・首長と選挙)