Watari Town finances

宮城県亘理町の財政

Town Miyagi Prefecture, Japan Population 32,825 Area 73.60 km² FY2024 settlement of accounts
Total spending
¥13.6B
Per resident ¥413,350
Local bonds outstanding
¥7.7B
Per resident ¥235,670
Reserve funds
¥8.6B
Per resident ¥261,888
Fiscal strength index
0.57
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.57
#591 of 1718 in Japan · #12 of 35 in the prefecture (highest first)
Median of similar municipalities 0.63
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
95.8%
#1398 of 1741 in Japan · #20 of 35 in the prefecture (lowest first)
Median of similar municipalities 91.1%
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 residentBetter than peers
¥235,670
#192 of 1741 in Japan · #2 of 35 in the prefecture (lowest first)
Median of similar municipalities ¥303,943
What this means

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

Reserve funds per residentBetter than peers
¥261,888
#849 of 1741 in Japan · #16 of 35 in the prefecture (highest first)
Median of similar municipalities ¥135,471
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
37.6%
#850 of 1741 in Japan · #19 of 35 in the prefecture (highest first)
Median of similar municipalities 45.0%
What this means

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

Fiscal adjustment fund ratioBetter than peers
42.8%
#351 of 1718 in Japan · #9 of 35 in the prefecture (highest first)
Median of similar municipalities 22.5%
What this means

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

Revenue ¥13.9B · per resident ¥423,772

Local taxes 27.5%Shared taxes and grants 9.3%Local allocation tax 25.5%National subsidies 17.0%Prefectural subsidies 7.7%Borrowing (local bonds) 2.9%Donations 1.4%Other 8.6%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥3.8B¥116,72727.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.3B¥39,5599.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.6B¥108,21525.5%
National subsidies
National treasury disbursements for specific programs
¥2.4B¥71,83317.0%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.1B¥32,4527.7%
Borrowing (local bonds)
New borrowing during the year
¥409M¥12,4692.9%
Donations
Including hometown tax (furusato nozei)
¥197M¥6,0051.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.2B¥36,5118.6%

Hometown tax (furusato nozei) donations received in FY2024: ¥174M

Spending by function per resident

This municipalityMedian of towns with 20,000+ people (131)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥5.4B¥164,126¥168,25839.7%
Public works
Roads, bridges, parks, sewers, public housing
¥1.8B¥54,100¥40,67313.1%
General administration
Office management, tax collection, family registers, elections
¥1.6B¥47,776¥66,27311.6%
Education
Schools, libraries, community centers, sports facilities
¥1.4B¥43,213¥56,48110.5%
Health & sanitation
Health checks, vaccinations, waste disposal
¥973M¥29,644¥35,8347.2%
Debt service
Repayment of principal and interest on local bonds
¥842M¥25,653¥30,1656.2%
Fire & emergency¥716M¥21,821¥17,4745.3%
Agriculture, forestry & fisheries¥471M¥14,336¥7,5083.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥276M¥8,401¥5,7692.0%
Assembly¥114M¥3,467¥3,8460.8%
Labor¥27M¥812¥2190.2%

Welfare spending

Children
¥2.6B
Per resident ¥80,594 (median ¥73,617)
Elderly
¥1.0B
Per resident ¥30,590 (median ¥33,074)
Social welfare
¥1.7B
Per resident ¥52,894 (median ¥61,434)
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 47.8% 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¥200K¥400K¥600K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.500.550.600.650.702015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

32K33K34K34K34K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202432,825¥13.6B¥7.7B¥8.6B0.5795.8%—
FY202333,077¥15.1B¥8.1B¥8.0B0.5796.7%—
FY202233,270¥15.4B¥9.9B¥8.4B0.5892.6%—
FY202133,419¥15.8B¥10.3B¥6.9B0.5989.0%—
FY202033,445¥19.5B¥10.6B¥6.4B0.6090.2%—
FY201933,577¥19.1B¥10.6B¥9.0B0.5892.1%—
FY201833,674¥18.3B¥9.9B¥12.3B0.5794.8%—
FY201733,834¥16.5B¥9.9B¥15.0B0.5692.7%—
FY201634,026¥17.9B¥10.2B¥18.0B0.5590.9%—
FY201534,139¥20.4B¥10.5B¥21.4B0.5488.4%—

Similar-sized towns 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)