Showa Village finances

群馬県昭和村の財政

Village Gunma Prefecture, Japan Population 6,938 Area 64.14 km² FY2024 settlement of accounts
Total spending
¥5.7B
Per resident ¥821,002
Local bonds outstanding
¥2.8B
Per resident ¥397,721
Reserve funds
¥7.1B
Per resident ¥1,017,300
Fiscal strength index
0.44
Closer to 1.0 = more self-funded

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

Fiscal strength index
0.44
#846 of 1718 in Japan · #25 of 35 in the prefecture (highest first)
Median of similar municipalities 0.42
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
84.5%
#261 of 1741 in Japan · #3 of 35 in the prefecture (lowest first)
Median of similar municipalities 85.9%
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 resident
¥397,721
#584 of 1741 in Japan · #16 of 35 in the prefecture (lowest first)
Median of similar municipalities ¥401,866
What this means

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

Reserve funds per residentBetter than peers
¥1,017,300
#219 of 1741 in Japan · #6 of 35 in the prefecture (highest first)
Median of similar municipalities ¥427,687
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
50.3%
#285 of 1741 in Japan · #11 of 35 in the prefecture (highest first)
Median of similar municipalities 42.3%
What this means

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

Fiscal adjustment fund ratioBetter than peers
82.0%
#79 of 1718 in Japan · #7 of 35 in the prefecture (highest first)
Median of similar municipalities 35.7%
What this means

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

Revenue ¥6.2B · per resident ¥886,837

Local taxes 20.0%Shared taxes and grants 6.3%Local allocation tax 28.3%National subsidies 7.5%Prefectural subsidies 6.2%Borrowing (local bonds) 1.4%Donations 9.0%Other 21.3%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.2B¥177,58220.0%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥389M¥56,1016.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥1.7B¥250,64328.3%
National subsidies
National treasury disbursements for specific programs
¥462M¥66,5937.5%
Prefectural subsidies
Prefectural disbursements for specific programs
¥382M¥55,0676.2%
Borrowing (local bonds)
New borrowing during the year
¥86M¥12,3971.4%
Donations
Including hometown tax (furusato nozei)
¥554M¥79,8349.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.3B¥188,62021.3%

Hometown tax (furusato nozei) donations received in FY2024: ¥548M

Spending by function per resident

This municipalityMedian of villages with 5,000+ people (39)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥1.6B¥225,899¥161,47327.5%
Welfare
Elderly, children, people with disabilities, public assistance
¥1.3B¥193,801¥183,43323.6%
Education
Schools, libraries, community centers, sports facilities
¥693M¥99,937¥85,55112.2%
Agriculture, forestry & fisheries¥688M¥99,175¥37,70512.1%
Public works
Roads, bridges, parks, sewers, public housing
¥410M¥59,109¥65,9677.2%
Fire & emergency¥300M¥43,234¥30,2155.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥287M¥41,310¥51,8495.0%
Debt service
Repayment of principal and interest on local bonds
¥280M¥40,289¥45,9304.9%
Assembly¥73M¥10,544¥8,7561.3%
Commerce & tourism
Business attraction, shopping streets, tourism
¥53M¥7,611¥19,2020.9%
Labor¥641,000¥92¥00.0%
Disaster recovery¥10,000¥1¥1400.0%

Welfare spending

Children
¥509M
Per resident ¥73,368 (median ¥73,201)
Elderly
¥312M
Per resident ¥44,972 (median ¥37,493)
Social welfare
¥524M
Per resident ¥75,461 (median ¥71,525)
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 31.3% 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¥1.5M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.380.400.430.450.482015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

75%80%85%90%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

6,8007,0007,2007,4007,6002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20246,938¥5.7B¥2.8B¥7.1B0.4484.5%—
FY20236,979¥6.0B¥2.9B¥6.8B0.4385.4%—
FY20227,007¥7.2B¥3.1B¥6.2B0.4382.5%—
FY20217,033¥6.4B¥2.9B¥6.1B0.4476.1%—
FY20207,186¥6.3B¥2.6B¥5.3B0.4783.5%—
FY20197,299¥4.9B¥2.6B¥4.9B0.4687.9%—
FY20187,360¥4.0B¥2.7B¥4.7B0.4488.6%—
FY20177,450¥6.5B¥2.8B¥4.7B0.4287.3%—
FY20167,524¥4.3B¥2.8B¥4.6B0.4186.3%—
FY20157,560¥4.6B¥2.9B¥4.3B0.4181.8%—

Similar-sized villages in Gunma Prefecture

All municipalities in Gunma 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)