Taiwa Town finances

宮城県大和町の財政

Town Miyagi Prefecture, Japan Population 27,861 Area 225.49 km² FY2024 settlement of accounts
Total spending
¥17.1B
Per resident ¥613,544
Local bonds outstanding
¥8.2B
Per resident ¥295,815
Reserve funds
¥5.5B
Per resident ¥198,413
Fiscal strength index
1.06
1.0 or more: no ordinary allocation tax

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

Fiscal strength indexBetter than peers
1.06
#59 of 1718 in Japan · #1 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
101.0%
#1720 of 1741 in Japan · #31 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 resident
¥295,815
#340 of 1741 in Japan · #5 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
¥198,413
#1033 of 1741 in Japan · #21 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 ratioBetter than peers
51.5%
#246 of 1741 in Japan · #5 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
34.3%
#520 of 1718 in Japan · #13 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 ¥17.8B · per resident ¥637,713

Local taxes 35.8%Shared taxes and grants 7.8%Local allocation tax 2.8%National subsidies 19.3%Prefectural subsidies 5.3%Borrowing (local bonds) 13.3%Donations 0.9%Other 14.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥6.4B¥228,19935.8%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.4B¥49,7747.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥499M¥17,9252.8%
National subsidies
National treasury disbursements for specific programs
¥3.4B¥123,25819.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥941M¥33,7925.3%
Borrowing (local bonds)
New borrowing during the year
¥2.4B¥84,85313.3%
Donations
Including hometown tax (furusato nozei)
¥162M¥5,8030.9%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.6B¥94,11014.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥156M

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
¥4.7B¥168,140¥168,25827.4%
Education
Schools, libraries, community centers, sports facilities
¥4.2B¥152,305¥56,48124.8%
Public works
Roads, bridges, parks, sewers, public housing
¥2.3B¥83,028¥40,67313.5%
General administration
Office management, tax collection, family registers, elections
¥2.2B¥80,124¥66,27313.1%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.5B¥53,418¥35,8348.7%
Debt service
Repayment of principal and interest on local bonds
¥605M¥21,725¥30,1653.5%
Agriculture, forestry & fisheries¥559M¥20,064¥7,5083.3%
Fire & emergency¥511M¥18,327¥17,4743.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥319M¥11,434¥5,7691.9%
Assembly¥139M¥4,979¥3,8460.8%

Welfare spending

Children
¥2.5B
Per resident ¥88,224 (median ¥73,617)
Elderly
¥771M
Per resident ¥27,679 (median ¥33,074)
Social welfare
¥1.5B
Per resident ¥52,237 (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 30.9% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥100K¥200K¥300K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.600.801.001.202015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

70%80%90%100%110%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

28K28K28K28K29K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202427,861¥17.1B¥8.2B¥5.5B1.06101.0%—
FY202327,964¥14.3B¥6.4B¥6.1B1.0590.7%—
FY202228,179¥13.3B¥4.8B¥6.3B0.9985.3%—
FY202128,130¥14.2B¥5.2B¥6.4B1.0591.0%—
FY202028,327¥16.6B¥5.4B¥5.6B1.0691.6%—
FY201928,598¥12.6B¥5.6B¥5.4B1.0285.4%—
FY201828,564¥10.4B¥5.0B¥5.3B0.9280.2%—
FY201728,697¥10.3B¥5.5B¥4.7B0.8481.8%—
FY201628,686¥11.3B¥6.0B¥4.4B0.7888.0%—
FY201528,308¥10.4B¥6.3B¥4.7B0.7378.9%—

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)