Ibaraki Town finances

茨城県茨城町の財政

Town Ibaraki Prefecture, Japan Population 30,523 Area 121.58 km² FY2024 settlement of accounts
Total spending
¥14.4B
Per resident ¥470,392
Local bonds outstanding
¥9.9B
Per resident ¥325,613
Reserve funds
¥5.8B
Per resident ¥189,686
Fiscal strength index
0.59
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.59
#549 of 1718 in Japan · #27 of 44 in the prefecture (highest first)
Median of similar municipalities 0.63
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
89.7%
#630 of 1741 in Japan · #6 of 44 in the prefecture (lowest first)
Median of similar municipalities 91.1%
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 residentWorse than peers
¥325,613
#408 of 1741 in Japan · #13 of 44 in the prefecture (lowest first)
Median of similar municipalities ¥303,943
What this means

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

Reserve funds per residentBetter than peers
¥189,686
#1074 of 1741 in Japan · #13 of 44 in the prefecture (highest first)
Median of similar municipalities ¥135,471
What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratioWorse than peers
39.4%
#757 of 1741 in Japan · #31 of 44 in the prefecture (highest first)
Median of similar municipalities 45.0%
What this means

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

Fiscal adjustment fund ratioWorse than peers
20.6%
#1067 of 1718 in Japan · #18 of 44 in the prefecture (highest first)
Median of similar municipalities 22.5%
What this means

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

Revenue ¥15.1B · per resident ¥494,849

Local taxes 27.1%Shared taxes and grants 9.0%Local allocation tax 20.7%National subsidies 18.1%Prefectural subsidies 7.3%Borrowing (local bonds) 5.5%Donations 2.4%Other 9.9%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥4.1B¥133,97427.1%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.4B¥44,6599.0%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.1B¥102,45020.7%
National subsidies
National treasury disbursements for specific programs
¥2.7B¥89,45018.1%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.1B¥36,2267.3%
Borrowing (local bonds)
New borrowing during the year
¥826M¥27,0655.5%
Donations
Including hometown tax (furusato nozei)
¥363M¥11,8902.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.5B¥49,1369.9%

Hometown tax (furusato nozei) donations received in FY2024: ¥355M

Spending by function per resident

This municipalityMedian of towns with 20,000+ people (131)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥4.7B¥155,227¥168,25833.0%
General administration
Office management, tax collection, family registers, elections
¥3.0B¥98,039¥66,27320.8%
Public works
Roads, bridges, parks, sewers, public housing
¥1.7B¥54,333¥40,67311.6%
Education
Schools, libraries, community centers, sports facilities
¥1.4B¥47,127¥56,48110.0%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.0B¥33,023¥35,8347.0%
Debt service
Repayment of principal and interest on local bonds
¥924M¥30,276¥30,1656.4%
Agriculture, forestry & fisheries¥710M¥23,259¥7,5084.9%
Fire & emergency¥554M¥18,161¥17,4743.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥199M¥6,529¥5,7691.4%
Assembly¥131M¥4,280¥3,8460.9%
Disaster recovery¥4M¥136¥00.0%
Labor¥44,000¥1¥2190.0%

Welfare spending

Children
¥1.7B
Per resident ¥56,500 (median ¥73,617)
Elderly
¥1.2B
Per resident ¥38,220 (median ¥33,074)
Social welfare
¥1.8B
Per resident ¥60,503 (median ¥61,434)
Public assistance
¥35,000
Per resident ¥1 (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 43.8% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥100K¥200K¥300K¥400K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥200K¥400K¥600K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.550.580.600.630.650.682015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

30K31K32K33K34K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202430,523¥14.4B¥9.9B¥5.8B0.5989.7%—
FY202330,784¥13.6B¥10.0B¥5.6B0.5887.6%—
FY202231,098¥12.8B¥10.0B¥5.4B0.5884.8%—
FY202131,518¥14.3B¥10.3B¥5.1B0.5880.6%—
FY202032,022¥16.6B¥10.1B¥4.0B0.5983.4%—
FY201932,438¥12.2B¥9.9B¥4.2B0.5985.7%—
FY201832,719¥11.0B¥9.9B¥4.6B0.5884.8%—
FY201733,002¥11.5B¥9.9B¥4.2B0.5784.9%—
FY201633,257¥10.9B¥9.7B¥3.9B0.5684.5%—
FY201533,573¥11.3B¥9.9B¥3.6B0.5682.1%—

Similar-sized towns 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)