Itako City finances

茨城県潮来市の財政

City Ibaraki Prefecture, Japan Population 26,088 Area 71.40 km² FY2024 settlement of accounts
Total spending
¥13.6B
Per resident ¥522,026
Local bonds outstanding
¥9.3B
Per resident ¥355,512
Reserve funds
¥3.1B
Per resident ¥120,160
Fiscal strength index
0.48
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.48
#769 of 1718 in Japan · #34 of 44 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
92.5%
#990 of 1741 in Japan · #17 of 44 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 residentBetter than peers
¥355,512
#488 of 1741 in Japan · #15 of 44 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 residentWorse than peers
¥120,160
#1337 of 1741 in Japan · #28 of 44 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
35.0%
#976 of 1741 in Japan · #37 of 44 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
12.0%
#1512 of 1718 in Japan · #37 of 44 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 ¥14.2B · per resident ¥544,917

Local taxes 22.2%Shared taxes and grants 8.1%Local allocation tax 28.1%National subsidies 17.9%Prefectural subsidies 6.5%Borrowing (local bonds) 4.3%Donations 2.0%Other 10.9%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥3.2B¥120,90222.2%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.1B¥44,0688.1%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥4.0B¥153,04828.1%
National subsidies
National treasury disbursements for specific programs
¥2.5B¥97,57417.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥930M¥35,6306.5%
Borrowing (local bonds)
New borrowing during the year
¥616M¥23,6124.3%
Donations
Including hometown tax (furusato nozei)
¥285M¥10,9252.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.5B¥59,15810.9%

Hometown tax (furusato nozei) donations received in FY2024: ¥274M

Spending by function per resident

This municipalityMedian of cities under 30,000 people (128)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥5.1B¥194,987¥237,42037.4%
Public works
Roads, bridges, parks, sewers, public housing
¥1.7B¥67,068¥68,44012.8%
General administration
Office management, tax collection, family registers, elections
¥1.7B¥63,293¥155,07812.1%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.4B¥53,096¥73,46710.2%
Debt service
Repayment of principal and interest on local bonds
¥1.3B¥48,720¥81,9069.3%
Education
Schools, libraries, community centers, sports facilities
¥1.2B¥45,913¥73,0238.8%
Fire & emergency¥601M¥23,054¥33,1214.4%
Agriculture, forestry & fisheries¥374M¥14,344¥34,5912.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥177M¥6,772¥23,3011.3%
Assembly¥125M¥4,779¥6,3190.9%

Welfare spending

Children
¥1.8B
Per resident ¥70,099 (median ¥72,929)
Elderly
¥993M
Per resident ¥38,053 (median ¥56,121)
Social welfare
¥1.6B
Per resident ¥62,458 (median ¥80,674)
Public assistance
¥636M
Per resident ¥24,377 (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 48.8% 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¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.350.400.450.500.552015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

26K27K28K29K30K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202426,088¥13.6B¥9.3B¥3.1B0.4892.5%—
FY202326,555¥13.5B¥9.9B¥3.2B0.4893.0%—
FY202226,890¥13.8B¥10.5B¥3.5B0.4883.9%—
FY202127,279¥15.2B¥11.2B¥3.3B0.4982.3%—
FY202027,613¥16.9B¥11.4B¥2.5B0.5086.2%—
FY201927,950¥12.5B¥11.7B¥4.2B0.5196.4%—
FY201828,370¥14.3B¥11.9B¥4.7B0.5094.5%—
FY201728,641¥12.2B¥11.8B¥6.3B0.5092.5%—
FY201628,981¥13.5B¥11.8B¥6.4B0.4994.7%—
FY201529,232¥22.6B¥12.1B¥6.0B0.4991.9%—

Similar-sized cities in Ibaraki Prefecture

All municipalities in Ibaraki 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)