Mikawa Town finances

山形県三川町の財政

Town Yamagata Prefecture, Japan Population 7,009 Area 33.22 km² FY2024 settlement of accounts
Total spending
¥5.6B
Per resident ¥800,947
Local bonds outstanding
¥5.5B
Per resident ¥778,701
Reserve funds
¥1.8B
Per resident ¥251,136
Fiscal strength index
0.37
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.37
#1002 of 1718 in Japan · #15 of 35 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
90.5%
#746 of 1741 in Japan · #13 of 35 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 residentBetter than peers
¥778,701
#1217 of 1741 in Japan · #19 of 35 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 residentWorse than peers
¥251,136
#877 of 1741 in Japan · #17 of 35 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 ratioBetter than peers
41.8%
#621 of 1741 in Japan · #10 of 35 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 ratioWorse than peers
20.4%
#1079 of 1718 in Japan · #20 of 35 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 ¥5.9B · per resident ¥842,357

Local taxes 16.8%Shared taxes and grants 5.7%Local allocation tax 33.2%National subsidies 9.7%Prefectural subsidies 6.7%Borrowing (local bonds) 2.8%Donations 9.9%Other 15.1%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥994M¥141,77216.8%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥338M¥48,2495.7%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.0B¥279,72533.2%
National subsidies
National treasury disbursements for specific programs
¥575M¥82,0919.7%
Prefectural subsidies
Prefectural disbursements for specific programs
¥397M¥56,6896.7%
Borrowing (local bonds)
New borrowing during the year
¥163M¥23,2702.8%
Donations
Including hometown tax (furusato nozei)
¥582M¥83,0969.9%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥893M¥127,46515.1%

Hometown tax (furusato nozei) donations received in FY2024: ¥581M

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¥204,789¥224,28425.6%
General administration
Office management, tax collection, family registers, elections
¥1.1B¥163,119¥189,68220.4%
Education
Schools, libraries, community centers, sports facilities
¥596M¥85,010¥97,86810.6%
Debt service
Repayment of principal and interest on local bonds
¥505M¥72,051¥94,3999.0%
Public works
Roads, bridges, parks, sewers, public housing
¥499M¥71,208¥100,9188.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥477M¥68,110¥26,8708.5%
Agriculture, forestry & fisheries¥354M¥50,462¥62,1796.3%
Fire & emergency¥321M¥45,860¥38,6875.7%
Health & sanitation
Health checks, vaccinations, waste disposal
¥210M¥29,898¥87,5223.7%
Assembly¥69M¥9,806¥10,2151.2%
Labor¥4M¥632¥10.1%

Welfare spending

Children
¥798M
Per resident ¥113,829 (median ¥67,708)
Elderly
¥274M
Per resident ¥39,044 (median ¥60,528)
Social welfare
¥363M
Per resident ¥51,831 (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 39.4% 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

0.250.300.350.400.452015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

80%82%85%88%90%92%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

7,0007,2007,4007,6002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,009¥5.6B¥5.5B¥1.8B0.3790.5%—
FY20237,062¥5.3B¥5.8B¥1.5B0.3788.6%—
FY20227,195¥5.3B¥6.1B¥1.6B0.3784.9%—
FY20217,311¥5.8B¥6.1B¥1.3B0.3980.9%—
FY20207,377¥7.5B¥6.0B¥1.3B0.4185.9%—
FY20197,410¥6.0B¥5.2B¥1.5B0.4189.0%—
FY20187,400¥4.6B¥4.9B¥1.4B0.4086.7%—
FY20177,474¥4.4B¥5.0B¥1.4B0.3985.4%—
FY20167,544¥4.7B¥5.0B¥1.3B0.3885.5%—
FY20157,560¥4.5B¥4.9B¥1.2B0.3885.5%—

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)