Iwanuma City finances

宮城県岩沼市の財政

City Miyagi Prefecture, Japan Population 43,137 Area 60.45 km² FY2024 settlement of accounts
Total spending
¥19.9B
Per resident ¥462,416
Local bonds outstanding
¥10.9B
Per resident ¥252,415
Reserve funds
¥10.4B
Per resident ¥241,980
Fiscal strength index
0.80
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.80
#212 of 1718 in Japan · #4 of 35 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 ratioWorse than peers
103.2%
#1735 of 1741 in Japan · #35 of 35 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 residentBetter than peers
¥252,415
#237 of 1741 in Japan · #3 of 35 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
¥241,980
#910 of 1741 in Japan · #18 of 35 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 ratioBetter than peers
52.2%
#213 of 1741 in Japan · #4 of 35 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
34.5%
#512 of 1718 in Japan · #12 of 35 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 ¥21.2B · per resident ¥491,674

Local taxes 34.7%Shared taxes and grants 8.9%Local allocation tax 10.1%National subsidies 19.3%Prefectural subsidies 6.2%Borrowing (local bonds) 3.3%Donations 4.9%Other 12.6%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥7.4B¥170,59834.7%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.9B¥43,6378.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.1B¥49,74110.1%
National subsidies
National treasury disbursements for specific programs
¥4.1B¥94,69319.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.3B¥30,5746.2%
Borrowing (local bonds)
New borrowing during the year
¥700M¥16,2273.3%
Donations
Including hometown tax (furusato nozei)
¥1.0B¥24,1554.9%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.7B¥62,04912.6%

Hometown tax (furusato nozei) donations received in FY2024: ¥915M

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
¥8.5B¥198,196¥204,71342.9%
General administration
Office management, tax collection, family registers, elections
¥3.6B¥82,642¥95,25717.9%
Public works
Roads, bridges, parks, sewers, public housing
¥1.9B¥43,914¥56,1099.5%
Education
Schools, libraries, community centers, sports facilities
¥1.7B¥38,365¥65,1808.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.4B¥32,941¥53,6197.1%
Debt service
Repayment of principal and interest on local bonds
¥1.2B¥28,181¥55,6096.1%
Fire & emergency¥591M¥13,704¥24,6923.0%
Agriculture, forestry & fisheries¥431M¥10,000¥24,4982.2%
Commerce & tourism
Business attraction, shopping streets, tourism
¥425M¥9,845¥15,9792.1%
Assembly¥167M¥3,874¥4,5580.8%
Labor¥33M¥755¥4810.2%

Welfare spending

Children
¥4.3B
Per resident ¥100,061 (median ¥74,813)
Elderly
¥1.4B
Per resident ¥31,533 (median ¥44,208)
Social welfare
¥2.3B
Per resident ¥53,629 (median ¥69,722)
Public assistance
¥556M
Per resident ¥12,891 (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 47.0% of spending.

Ten-year trends

Debt and reserves per resident

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

Spending per resident

¥0¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.400.500.600.700.800.902015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

85%90%95%100%105%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

43K44K44K44K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202443,137¥19.9B¥10.9B¥10.4B0.80103.2%—
FY202343,448¥18.6B¥11.4B¥10.1B0.80102.4%—
FY202243,656¥18.8B¥12.2B¥10.3B0.8097.8%—
FY202143,878¥20.7B¥12.5B¥10.1B0.8195.6%—
FY202043,917¥25.5B¥12.1B¥10.0B0.8299.5%—
FY201943,995¥19.4B¥11.7B¥11.8B0.8294.6%—
FY201844,308¥24.2B¥11.5B¥13.1B0.8393.3%—
FY201744,221¥27.5B¥10.6B¥19.6B0.8394.3%—
FY201644,332¥22.4B¥10.0B¥21.1B0.8293.0%—
FY201544,274¥33.7B¥10.1B¥22.5B0.8092.5%—

Similar-sized cities in Miyagi Prefecture

All municipalities in Miyagi 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)