Obanazawa City finances

山形県尾花沢市の財政

City Yamagata Prefecture, Japan Population 13,529 Area 372.53 km² FY2024 settlement of accounts
Total spending
¥16.8B
Per resident ¥1,238,193
Local bonds outstanding
¥11.8B
Per resident ¥869,108
Reserve funds
¥4.0B
Per resident ¥293,256
Fiscal strength index
0.28
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.28
#1234 of 1718 in Japan · #21 of 35 in the prefecture (highest first)
Median of similar municipalities 0.36
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
90.1%
#685 of 1741 in Japan · #9 of 35 in the prefecture (lowest first)
Median of similar municipalities 93.7%
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
¥869,108
#1290 of 1741 in Japan · #26 of 35 in the prefecture (lowest first)
Median of similar municipalities ¥704,569
What this means

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

Reserve funds per resident
¥293,256
#776 of 1741 in Japan · #13 of 35 in the prefecture (highest first)
Median of similar municipalities ¥300,303
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
37.6%
#851 of 1741 in Japan · #16 of 35 in the prefecture (highest first)
Median of similar municipalities 33.3%
What this means

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

Fiscal adjustment fund ratioWorse than peers
14.5%
#1379 of 1718 in Japan · #26 of 35 in the prefecture (highest first)
Median of similar municipalities 24.0%
What this means

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

Revenue ¥17.3B · per resident ¥1,279,521

Local taxes 9.7%Shared taxes and grants 3.8%Local allocation tax 32.6%National subsidies 8.7%Prefectural subsidies 7.6%Borrowing (local bonds) 9.8%Donations 9.6%Other 18.2%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.7B¥124,7189.7%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥650M¥48,0193.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥5.6B¥417,01932.6%
National subsidies
National treasury disbursements for specific programs
¥1.5B¥111,4518.7%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.3B¥97,0207.6%
Borrowing (local bonds)
New borrowing during the year
¥1.7B¥125,2579.8%
Donations
Including hometown tax (furusato nozei)
¥1.7B¥122,7739.6%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥3.2B¥233,26418.2%

Hometown tax (furusato nozei) donations received in FY2024: ¥1.6B

Spending by function per resident

This municipalityMedian of cities under 30,000 people (128)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥4.4B¥325,531¥155,07826.3%
Welfare
Elderly, children, people with disabilities, public assistance
¥2.8B¥209,504¥237,42016.9%
Public works
Roads, bridges, parks, sewers, public housing
¥1.9B¥142,670¥68,44011.5%
Education
Schools, libraries, community centers, sports facilities
¥1.7B¥125,626¥73,02310.1%
Agriculture, forestry & fisheries¥1.5B¥113,754¥34,5919.2%
Debt service
Repayment of principal and interest on local bonds
¥1.4B¥106,373¥81,9068.6%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.1B¥82,502¥73,4676.7%
Fire & emergency¥788M¥58,214¥33,1214.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥565M¥41,774¥23,3013.4%
Disaster recovery¥264M¥19,498¥3,0781.6%
Assembly¥136M¥10,061¥6,3190.8%
Labor¥36M¥2,685¥6890.2%

Welfare spending

Children
¥1.1B
Per resident ¥81,035 (median ¥72,929)
Elderly
¥731M
Per resident ¥54,022 (median ¥56,121)
Social welfare
¥863M
Per resident ¥63,823 (median ¥80,674)
Public assistance
¥142M
Per resident ¥10,521 (median ¥18,406)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 31.9% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.250.300.350.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

13K14K15K16K17K18K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202413,529¥16.8B¥11.8B¥4.0B0.2890.1%—
FY202313,996¥14.0B¥11.5B¥3.7B0.2889.8%—
FY202214,433¥14.4B¥11.9B¥3.2B0.2892.9%—
FY202114,913¥13.5B¥12.2B¥2.8B0.2987.7%—
FY202015,350¥15.0B¥12.5B¥2.4B0.3092.8%—
FY201915,786¥12.0B¥12.8B¥2.3B0.2987.7%—
FY201816,202¥13.0B¥12.6B¥2.4B0.2986.8%—
FY201716,589¥13.1B¥11.5B¥2.7B0.2887.3%—
FY201617,009¥11.7B¥11.0B¥3.0B0.2788.3%—
FY201517,432¥12.8B¥11.1B¥2.6B0.2686.1%—

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)