Shinjo City finances

山形県新庄市の財政

City Yamagata Prefecture, Japan Population 32,362 Area 222.85 km² FY2024 settlement of accounts
Total spending
¥21.2B
Per resident ¥656,548
Local bonds outstanding
¥16.3B
Per resident ¥502,740
Reserve funds
¥7.4B
Per resident ¥227,819
Fiscal strength index
0.50
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.50
#723 of 1718 in Japan · #6 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 ratio
93.5%
#1119 of 1741 in Japan · #26 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
¥502,740
#806 of 1741 in Japan · #12 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
¥227,819
#954 of 1741 in Japan · #20 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
40.1%
#722 of 1741 in Japan · #13 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
25.2%
#835 of 1718 in Japan · #13 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 ¥22.3B · per resident ¥687,685

Local taxes 20.2%Shared taxes and grants 6.3%Local allocation tax 26.1%National subsidies 15.1%Prefectural subsidies 7.2%Borrowing (local bonds) 5.1%Donations 5.4%Other 14.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥4.5B¥139,01320.2%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.4B¥43,2076.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥5.8B¥179,54726.1%
National subsidies
National treasury disbursements for specific programs
¥3.4B¥103,91115.1%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.6B¥49,8117.2%
Borrowing (local bonds)
New borrowing during the year
¥1.1B¥35,1715.1%
Donations
Including hometown tax (furusato nozei)
¥1.2B¥37,3995.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥3.2B¥99,62714.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥1.2B

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
¥6.9B¥213,633¥204,71332.5%
General administration
Office management, tax collection, family registers, elections
¥3.7B¥114,254¥95,25717.4%
Public works
Roads, bridges, parks, sewers, public housing
¥2.9B¥90,404¥56,10913.8%
Education
Schools, libraries, community centers, sports facilities
¥1.9B¥57,606¥65,1808.8%
Debt service
Repayment of principal and interest on local bonds
¥1.5B¥45,537¥55,6096.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.2B¥37,508¥53,6195.7%
Agriculture, forestry & fisheries¥817M¥25,236¥24,4983.8%
Fire & emergency¥805M¥24,878¥24,6923.8%
Commerce & tourism
Business attraction, shopping streets, tourism
¥733M¥22,662¥15,9793.5%
Disaster recovery¥554M¥17,113¥1,5782.6%
Assembly¥207M¥6,400¥4,5581.0%
Labor¥43M¥1,318¥4810.2%

Welfare spending

Children
¥3.0B
Per resident ¥93,754 (median ¥74,813)
Elderly
¥1.3B
Per resident ¥38,815 (median ¥44,208)
Social welfare
¥2.0B
Per resident ¥60,531 (median ¥69,722)
Public assistance
¥636M
Per resident ¥19,646 (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 39.9% 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

0.430.450.480.500.530.552015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

85%88%90%92%95%98%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

32K34K36K38K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202432,362¥21.2B¥16.3B¥7.4B0.5093.5%—
FY202332,860¥19.4B¥16.5B¥6.3B0.5096.5%—
FY202233,374¥19.8B¥16.7B¥6.1B0.5193.9%—
FY202134,127¥23.4B¥17.2B¥5.1B0.5287.0%—
FY202034,787¥24.4B¥15.5B¥3.9B0.5394.1%—
FY201935,351¥18.3B¥15.2B¥4.0B0.5295.8%—
FY201835,849¥16.7B¥14.4B¥3.5B0.5292.6%—
FY201736,347¥17.1B¥14.7B¥3.3B0.5192.4%—
FY201636,764¥17.0B¥14.9B¥3.2B0.5092.6%—
FY201537,204¥16.3B¥14.9B¥2.7B0.4990.4%—

Similar-sized cities in Yamagata Prefecture

All municipalities in Yamagata 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)