Karumai Town finances

岩手県軽米町の財政

Town Iwate Prefecture, Japan Population 7,907 Area 245.82 km² FY2024 settlement of accounts
Total spending
¥6.7B
Per resident ¥846,307
Local bonds outstanding
¥8.8B
Per resident ¥1,110,635
Reserve funds
¥3.1B
Per resident ¥387,193
Fiscal strength index
0.35
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.35
#1057 of 1718 in Japan · #16 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
92.9%
#1045 of 1741 in Japan · #13 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
¥1,110,635
#1422 of 1741 in Japan · #27 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 residentWorse than peers
¥387,193
#598 of 1741 in Japan · #12 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 ratioBetter than peers
32.8%
#1091 of 1741 in Japan · #13 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
36.8%
#452 of 1718 in Japan · #11 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 ¥7.1B · per resident ¥903,034

Local taxes 18.4%Shared taxes and grants 6.3%Local allocation tax 42.1%National subsidies 7.9%Prefectural subsidies 4.8%Borrowing (local bonds) 6.2%Donations 1.1%Other 13.3%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.3B¥166,26318.4%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥450M¥56,9206.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.0B¥379,87242.1%
National subsidies
National treasury disbursements for specific programs
¥564M¥71,2697.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥340M¥42,9924.8%
Borrowing (local bonds)
New borrowing during the year
¥443M¥56,0016.2%
Donations
Including hometown tax (furusato nozei)
¥78M¥9,8341.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥948M¥119,88413.3%

Hometown tax (furusato nozei) donations received in FY2024: ¥30M

Spending by function per resident

This municipalityMedian of towns with 5,000–10,000 people (210)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥1.8B¥230,191¥224,28427.2%
General administration
Office management, tax collection, family registers, elections
¥1.5B¥188,235¥189,68222.2%
Debt service
Repayment of principal and interest on local bonds
¥884M¥111,812¥94,39913.2%
Education
Schools, libraries, community centers, sports facilities
¥684M¥86,536¥97,86810.2%
Public works
Roads, bridges, parks, sewers, public housing
¥570M¥72,027¥100,9188.5%
Health & sanitation
Health checks, vaccinations, waste disposal
¥450M¥56,868¥87,5226.7%
Fire & emergency¥337M¥42,672¥38,6875.0%
Agriculture, forestry & fisheries¥277M¥35,005¥62,1794.1%
Commerce & tourism
Business attraction, shopping streets, tourism
¥95M¥12,003¥26,8701.4%
Assembly¥79M¥10,041¥10,2151.2%
Disaster recovery¥7M¥859¥1,5420.1%
Labor¥456,000¥58¥10.0%

Welfare spending

Children
¥559M
Per resident ¥70,655 (median ¥67,708)
Elderly
¥499M
Per resident ¥63,058 (median ¥60,528)
Social welfare
¥763M
Per resident ¥96,478 (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 43.4% of spending.

Ten-year trends

Debt and reserves per resident

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

Spending per resident

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

Fiscal strength index

0.200.250.300.352015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

7,5008,0008,5009,0009,50010K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,907¥6.7B¥8.8B¥3.1B0.3592.9%—
FY20238,134¥7.4B¥9.2B¥2.7B0.3489.9%—
FY20228,312¥8.0B¥8.9B¥2.5B0.3487.6%—
FY20218,555¥7.2B¥8.5B¥2.3B0.3185.8%—
FY20208,773¥7.7B¥8.4B¥1.9B0.2989.8%—
FY20198,984¥6.3B¥8.0B¥2.0B0.2696.2%—
FY20189,193¥6.2B¥7.7B¥2.1B0.2591.5%—
FY20179,399¥6.7B¥7.5B¥1.8B0.2488.7%—
FY20169,583¥6.1B¥7.4B¥1.9B0.2388.6%—
FY20159,770¥6.3B¥7.1B¥2.3B0.2286.4%—

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)