Iwaizumi Town finances

岩手県岩泉町の財政

Town Iwate Prefecture, Japan Population 7,843 Area 992.36 km² FY2024 settlement of accounts
Total spending
¥11.7B
Per resident ¥1,496,401
Local bonds outstanding
¥11.3B
Per resident ¥1,438,477
Reserve funds
¥7.3B
Per resident ¥929,417
Fiscal strength index
0.16
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.16
#1565 of 1718 in Japan · #30 of 33 in the prefecture (highest first)
Median of similar municipalities 0.27
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
90.2%
#704 of 1741 in Japan · #5 of 33 in the prefecture (lowest first)
Median of similar municipalities 89.1%
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
¥1,438,477
#1536 of 1741 in Japan · #28 of 33 in the prefecture (lowest first)
Median of similar municipalities ¥858,549
What this means

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

Reserve funds per residentBetter than peers
¥929,417
#248 of 1741 in Japan · #7 of 33 in the prefecture (highest first)
Median of similar municipalities ¥465,414
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
24.6%
#1521 of 1741 in Japan · #29 of 33 in the prefecture (highest first)
Median of similar municipalities 30.5%
What this means

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

Fiscal adjustment fund ratioBetter than peers
37.1%
#448 of 1718 in Japan · #9 of 33 in the prefecture (highest first)
Median of similar municipalities 31.1%
What this means

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

Revenue ¥12.4B · per resident ¥1,575,067

Local taxes 6.1%Shared taxes and grants 3.6%Local allocation tax 48.1%National subsidies 9.1%Prefectural subsidies 4.3%Borrowing (local bonds) 10.2%Donations 3.0%Other 15.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥754M¥96,1346.1%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥451M¥57,4753.6%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥5.9B¥758,30548.1%
National subsidies
National treasury disbursements for specific programs
¥1.1B¥143,7729.1%
Prefectural subsidies
Prefectural disbursements for specific programs
¥527M¥67,2124.3%
Borrowing (local bonds)
New borrowing during the year
¥1.3B¥161,12510.2%
Donations
Including hometown tax (furusato nozei)
¥373M¥47,5963.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.9B¥243,45015.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥330M

Spending by function per resident

This municipalityMedian of towns with 5,000–10,000 people (210)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥2.9B¥364,635¥189,68224.4%
Welfare
Elderly, children, people with disabilities, public assistance
¥1.8B¥227,516¥224,28415.2%
Debt service
Repayment of principal and interest on local bonds
¥1.8B¥224,627¥94,39915.0%
Agriculture, forestry & fisheries¥1.1B¥134,825¥62,1799.0%
Education
Schools, libraries, community centers, sports facilities
¥895M¥114,136¥97,8687.6%
Commerce & tourism
Business attraction, shopping streets, tourism
¥865M¥110,239¥26,8707.4%
Health & sanitation
Health checks, vaccinations, waste disposal
¥804M¥102,558¥87,5226.9%
Public works
Roads, bridges, parks, sewers, public housing
¥711M¥90,620¥100,9186.1%
Fire & emergency¥607M¥77,378¥38,6875.2%
Disaster recovery¥310M¥39,567¥1,5422.6%
Assembly¥81M¥10,299¥10,2150.7%

Welfare spending

Children
¥489M
Per resident ¥62,402 (median ¥67,708)
Elderly
¥486M
Per resident ¥62,001 (median ¥60,528)
Social welfare
¥809M
Per resident ¥103,114 (median ¥89,723)
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 34.8% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥500K¥1.0M¥1.5M¥2.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥1.0M¥2.0M¥3.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.100.200.300.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

75%80%85%90%95%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

7,0008,0009,00010K11K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,843¥11.7B¥11.3B¥7.3B0.1690.2%—
FY20238,038¥10.9B¥11.8B¥6.7B0.1696.7%—
FY20228,310¥10.0B¥12.7B¥6.9B0.1691.0%—
FY20218,591¥10.8B¥13.8B¥6.5B0.1688.8%—
FY20208,870¥12.5B¥14.6B¥5.8B0.1695.9%—
FY20199,158¥13.1B¥15.3B¥5.5B0.1690.5%—
FY20189,407¥17.6B¥15.7B¥4.9B0.1688.4%—
FY20179,613¥21.5B¥16.2B¥5.5B0.1581.7%—
FY20169,842¥14.7B¥14.2B¥5.7B0.1577.7%—
FY201510,069¥15.0B¥13.4B¥7.3B0.1579.4%—

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)