Happo Town finances

秋田県八峰町の財政

Town Akita Prefecture, Japan Population 6,086 Area 234.14 km² FY2024 settlement of accounts
Total spending
¥7.1B
Per resident ¥1,165,523
Local bonds outstanding
¥6.3B
Per resident ¥1,032,269
Reserve funds
¥4.0B
Per resident ¥660,962
Fiscal strength index
0.18
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.18
#1523 of 1718 in Japan · #22 of 25 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
92.1%
#943 of 1741 in Japan · #11 of 25 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
¥1,032,269
#1376 of 1741 in Japan · #22 of 25 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
¥660,962
#367 of 1741 in Japan · #4 of 25 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
25.9%
#1469 of 1741 in Japan · #17 of 25 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
61.0%
#164 of 1718 in Japan · #5 of 25 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 ¥8.1B · per resident ¥1,331,976

Local taxes 7.7%Shared taxes and grants 3.5%Local allocation tax 43.5%National subsidies 11.3%Prefectural subsidies 4.4%Borrowing (local bonds) 11.4%Donations 1.4%Other 16.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥620M¥101,9097.7%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥286M¥47,0133.5%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.5B¥579,26843.5%
National subsidies
National treasury disbursements for specific programs
¥916M¥150,56411.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥354M¥58,2424.4%
Borrowing (local bonds)
New borrowing during the year
¥923M¥151,64311.4%
Donations
Including hometown tax (furusato nozei)
¥117M¥19,2221.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.4B¥224,11516.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥91M

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
¥1.4B¥222,977¥224,28419.1%
General administration
Office management, tax collection, family registers, elections
¥1.1B¥179,643¥189,68215.4%
Debt service
Repayment of principal and interest on local bonds
¥798M¥131,043¥94,39911.2%
Health & sanitation
Health checks, vaccinations, waste disposal
¥715M¥117,529¥87,52210.1%
Public works
Roads, bridges, parks, sewers, public housing
¥635M¥104,379¥100,9189.0%
Agriculture, forestry & fisheries¥618M¥101,613¥62,1798.7%
Education
Schools, libraries, community centers, sports facilities
¥560M¥92,001¥97,8687.9%
Disaster recovery¥491M¥80,607¥1,5426.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥403M¥66,265¥26,8705.7%
Fire & emergency¥334M¥54,893¥38,6874.7%
Assembly¥81M¥13,290¥10,2151.1%
Labor¥8M¥1,283¥10.1%

Welfare spending

Children
¥356M
Per resident ¥58,458 (median ¥67,708)
Elderly
¥409M
Per resident ¥67,279 (median ¥60,528)
Social welfare
¥592M
Per resident ¥97,241 (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 36.0% 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

0.150.200.250.302015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

6,0006,5007,0007,5008,0002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20246,086¥7.1B¥6.3B¥4.0B0.1892.1%—
FY20236,301¥6.9B¥6.1B¥3.8B0.1891.4%—
FY20226,473¥6.7B¥6.3B¥4.3B0.1894.7%—
FY20216,693¥6.5B¥6.6B¥4.5B0.1785.5%—
FY20206,866¥7.4B¥6.9B¥4.2B0.1793.7%—
FY20197,042¥6.1B¥7.0B¥4.3B0.1695.6%—
FY20187,197¥5.8B¥7.3B¥4.4B0.1693.6%—
FY20177,361¥6.5B¥7.7B¥4.4B0.1692.9%—
FY20167,525¥6.4B¥7.8B¥4.1B0.1690.7%—
FY20157,676¥7.1B¥8.0B¥3.9B0.1683.9%—

Similar-sized towns in Akita Prefecture

All municipalities in Akita 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)