Funagata Town finances

山形県舟形町の財政

Town Yamagata Prefecture, Japan Population 4,662 Area 119.03 km² FY2024 settlement of accounts
Total spending
¥6.8B
Per resident ¥1,461,693
Local bonds outstanding
¥5.5B
Per resident ¥1,186,885
Reserve funds
¥3.8B
Per resident ¥821,013
Fiscal strength index
0.19
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.19
#1494 of 1718 in Japan · #30 of 35 in the prefecture (highest first)
Median of similar municipalities 0.18
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
85.4%
#314 of 1741 in Japan · #3 of 35 in the prefecture (lowest first)
Median of similar municipalities 86.2%
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
¥1,186,885
#1458 of 1741 in Japan · #31 of 35 in the prefecture (lowest first)
Median of similar municipalities ¥1,454,614
What this means

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

Reserve funds per residentWorse than peers
¥821,013
#292 of 1741 in Japan · #2 of 35 in the prefecture (highest first)
Median of similar municipalities ¥953,260
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
32.2%
#1124 of 1741 in Japan · #23 of 35 in the prefecture (highest first)
Median of similar municipalities 25.6%
What this means

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

Fiscal adjustment fund ratioWorse than peers
24.3%
#879 of 1718 in Japan · #16 of 35 in the prefecture (highest first)
Median of similar municipalities 36.0%
What this means

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

Revenue ¥7.3B · per resident ¥1,555,430

Local taxes 6.3%Shared taxes and grants 2.8%Local allocation tax 37.8%National subsidies 9.9%Prefectural subsidies 8.7%Borrowing (local bonds) 8.6%Donations 11.3%Other 14.7%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥454M¥97,3316.3%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥204M¥43,7132.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.7B¥588,10637.8%
National subsidies
National treasury disbursements for specific programs
¥717M¥153,7379.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥629M¥134,8458.7%
Borrowing (local bonds)
New borrowing during the year
¥626M¥134,2998.6%
Donations
Including hometown tax (furusato nozei)
¥817M¥175,35311.3%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.1B¥228,04714.7%

Hometown tax (furusato nozei) donations received in FY2024: ¥805M

Spending by function per resident

This municipalityMedian of towns under 5,000 people (157)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥1.9B¥409,941¥342,22928.0%
Public works
Roads, bridges, parks, sewers, public housing
¥889M¥190,704¥176,61213.0%
Welfare
Elderly, children, people with disabilities, public assistance
¥876M¥187,933¥271,26312.9%
Disaster recovery¥702M¥150,490¥14310.3%
Agriculture, forestry & fisheries¥642M¥137,803¥136,1239.4%
Debt service
Repayment of principal and interest on local bonds
¥547M¥117,396¥169,9258.0%
Education
Schools, libraries, community centers, sports facilities
¥384M¥82,365¥134,3775.6%
Health & sanitation
Health checks, vaccinations, waste disposal
¥326M¥70,025¥146,2934.8%
Commerce & tourism
Business attraction, shopping streets, tourism
¥275M¥59,060¥53,2314.0%
Fire & emergency¥189M¥40,444¥66,2412.8%
Assembly¥72M¥15,533¥18,3731.1%

Welfare spending

Children
¥297M
Per resident ¥63,648 (median ¥67,342)
Elderly
¥258M
Per resident ¥55,392 (median ¥83,671)
Social welfare
¥300M
Per resident ¥64,278 (median ¥107,823)
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 23.3% 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¥1.5M¥2.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.150.200.250.302015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

82%84%86%88%90%92%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

4,5005,0005,5006,0002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20244,662¥6.8B¥5.5B¥3.8B0.1985.4%—
FY20234,771¥5.9B¥5.4B¥3.6B0.1987.2%—
FY20224,887¥5.7B¥5.5B¥3.2B0.2086.4%—
FY20215,016¥5.9B¥5.5B¥2.7B0.2082.7%—
FY20205,136¥6.7B¥5.2B¥2.0B0.2188.5%—
FY20195,234¥5.7B¥4.8B¥1.7B0.2187.9%—
FY20185,378¥5.3B¥4.2B¥1.8B0.2187.6%—
FY20175,511¥5.6B¥3.8B¥2.0B0.2184.9%—
FY20165,612¥5.3B¥3.8B¥1.6B0.2185.1%—
FY20155,736¥5.6B¥3.9B¥1.4B0.2185.3%—

Similar-sized towns 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)