Iwate Town finances

岩手県岩手町の財政

Town Iwate Prefecture, Japan Population 11,542 Area 360.46 km² FY2024 settlement of accounts
Total spending
¥9.6B
Per resident ¥834,810
Local bonds outstanding
¥9.2B
Per resident ¥794,624
Reserve funds
¥1.1B
Per resident ¥97,912
Fiscal strength index
0.33
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.33
#1114 of 1718 in Japan · #18 of 33 in the prefecture (highest first)
Median of similar municipalities 0.38
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
92.2%
#958 of 1741 in Japan · #11 of 33 in the prefecture (lowest first)
Median of similar municipalities 90.0%
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
¥794,624
#1235 of 1741 in Japan · #22 of 33 in the prefecture (lowest first)
Median of similar municipalities ¥554,217
What this means

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

Reserve funds per residentWorse than peers
¥97,912
#1446 of 1741 in Japan · #29 of 33 in the prefecture (highest first)
Median of similar municipalities ¥293,873
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
27.6%
#1391 of 1741 in Japan · #26 of 33 in the prefecture (highest first)
Median of similar municipalities 35.3%
What this means

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

Fiscal adjustment fund ratioWorse than peers
12.5%
#1485 of 1718 in Japan · #29 of 33 in the prefecture (highest first)
Median of similar municipalities 30.4%
What this means

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

Revenue ¥10.0B · per resident ¥863,818

Local taxes 15.3%Shared taxes and grants 5.9%Local allocation tax 39.5%National subsidies 11.3%Prefectural subsidies 4.6%Borrowing (local bonds) 11.2%Donations 0.5%Other 11.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.5B¥132,47115.3%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥588M¥50,9245.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.9B¥340,94439.5%
National subsidies
National treasury disbursements for specific programs
¥1.1B¥97,57211.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥459M¥39,7724.6%
Borrowing (local bonds)
New borrowing during the year
¥1.1B¥96,31911.2%
Donations
Including hometown tax (furusato nozei)
¥46M¥4,0020.5%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.2B¥101,81411.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥41M

Spending by function per resident

This municipalityMedian of towns with 10,000–20,000 people (245)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥2.8B¥238,882¥196,56228.6%
General administration
Office management, tax collection, family registers, elections
¥1.5B¥128,540¥132,74415.4%
Public works
Roads, bridges, parks, sewers, public housing
¥1.3B¥113,447¥64,17413.6%
Education
Schools, libraries, community centers, sports facilities
¥1.2B¥106,172¥74,09012.7%
Debt service
Repayment of principal and interest on local bonds
¥921M¥79,788¥57,4429.6%
Health & sanitation
Health checks, vaccinations, waste disposal
¥688M¥59,602¥56,4937.1%
Agriculture, forestry & fisheries¥454M¥39,370¥30,7254.7%
Fire & emergency¥422M¥36,536¥27,8484.4%
Commerce & tourism
Business attraction, shopping streets, tourism
¥158M¥13,683¥16,8591.6%
Disaster recovery¥115M¥9,920¥5311.2%
Assembly¥100M¥8,634¥6,6361.0%
Labor¥3M¥235¥930.0%

Welfare spending

Children
¥790M
Per resident ¥68,439 (median ¥68,686)
Elderly
¥799M
Per resident ¥69,223 (median ¥47,975)
Social welfare
¥1.2B
Per resident ¥101,220 (median ¥75,979)
Public assistance
¥0
Per resident ¥0 (median ¥0)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 40.2% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.330.350.380.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

80%85%90%95%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

11K12K13K14K15K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202411,542¥9.6B¥9.2B¥1.1B0.3392.2%—
FY202311,841¥9.6B¥9.0B¥1.4B0.3389.6%—
FY202212,133¥9.2B¥8.7B¥1.6B0.3392.4%—
FY202112,425¥9.4B¥8.8B¥2.1B0.3382.1%—
FY202012,826¥9.9B¥8.6B¥1.8B0.3487.7%—
FY201913,137¥8.0B¥8.5B¥1.8B0.3488.3%—
FY201813,454¥7.7B¥8.4B¥1.8B0.3386.9%—
FY201713,761¥8.0B¥8.5B¥1.8B0.3288.5%—
FY201614,047¥7.8B¥8.8B¥1.9B0.3188.7%—
FY201514,270¥7.9B¥9.1B¥1.9B0.3184.1%—

Similar-sized towns 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)