Iwata City finances

静岡県磐田市の財政

City Shizuoka Prefecture, Japan Population 165,426 Area 163.45 km² FY2024 settlement of accounts
Total spending
¥75.9B
Per resident ¥458,990
Local bonds outstanding
¥55.7B
Per resident ¥336,538
Reserve funds
¥13.5B
Per resident ¥81,595
Fiscal strength index
0.80
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.80
#212 of 1718 in Japan · #20 of 35 in the prefecture (highest first)
Median of similar municipalities 0.74
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
95.5%
#1376 of 1741 in Japan · #35 of 35 in the prefecture (lowest first)
Median of similar municipalities 93.8%
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
¥336,538
#434 of 1741 in Japan · #13 of 35 in the prefecture (lowest first)
Median of similar municipalities ¥314,264
What this means

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

Reserve funds per residentWorse than peers
¥81,595
#1534 of 1741 in Japan · #27 of 35 in the prefecture (highest first)
Median of similar municipalities ¥104,054
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
50.8%
#265 of 1741 in Japan · #15 of 35 in the prefecture (highest first)
Median of similar municipalities 46.5%
What this means

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

Fiscal adjustment fund ratioBetter than peers
18.1%
#1207 of 1718 in Japan · #21 of 35 in the prefecture (highest first)
Median of similar municipalities 15.8%
What this means

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

Revenue ¥77.6B · per resident ¥468,832

Local taxes 35.9%Shared taxes and grants 9.9%Local allocation tax 9.0%National subsidies 16.5%Prefectural subsidies 5.9%Borrowing (local bonds) 8.0%Donations 0.9%Other 14.0%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥27.9B¥168,50735.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥7.6B¥46,2439.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥7.0B¥42,0189.0%
National subsidies
National treasury disbursements for specific programs
¥12.8B¥77,13216.5%
Prefectural subsidies
Prefectural disbursements for specific programs
¥4.6B¥27,7275.9%
Borrowing (local bonds)
New borrowing during the year
¥6.2B¥37,5488.0%
Donations
Including hometown tax (furusato nozei)
¥681M¥4,1140.9%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥10.8B¥65,54514.0%

Hometown tax (furusato nozei) donations received in FY2024: ¥645M

Spending by function per resident

This municipalityMedian of cities with 100,000–200,000 people (144)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥26.3B¥159,089¥195,91434.7%
Education
Schools, libraries, community centers, sports facilities
¥11.3B¥68,257¥56,52714.9%
Fire & emergency¥8.0B¥48,074¥15,30810.5%
Public works
Roads, bridges, parks, sewers, public housing
¥7.4B¥44,845¥42,5499.8%
General administration
Office management, tax collection, family registers, elections
¥7.2B¥43,633¥58,2079.5%
Health & sanitation
Health checks, vaccinations, waste disposal
¥6.3B¥37,796¥37,8578.2%
Debt service
Repayment of principal and interest on local bonds
¥5.4B¥32,761¥33,4737.1%
Commerce & tourism
Business attraction, shopping streets, tourism
¥1.4B¥8,690¥8,2831.9%
Agriculture, forestry & fisheries¥1.2B¥6,980¥5,8151.5%
Labor¥973M¥5,883¥5671.3%
Assembly¥316M¥1,911¥2,5010.4%
Disaster recovery¥177M¥1,070¥250.2%

Welfare spending

Children
¥12.7B
Per resident ¥77,048 (median ¥77,291)
Elderly
¥4.6B
Per resident ¥27,815 (median ¥33,275)
Social welfare
¥7.7B
Per resident ¥46,292 (median ¥62,541)
Public assistance
¥1.3B
Per resident ¥7,925 (median ¥20,478)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 44.7% 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

0.700.750.800.850.902015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

164K166K168K170K172K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY2024165,426¥75.9B¥55.7B¥13.5B0.8095.5%—
FY2023166,684¥70.5B¥54.7B¥14.9B0.7887.4%—
FY2022167,520¥66.1B¥55.0B¥13.7B0.8086.2%—
FY2021168,175¥72.4B¥56.8B¥14.4B0.8284.5%—
FY2020169,274¥89.9B¥53.4B¥14.2B0.8590.1%—
FY2019169,818¥65.5B¥50.4B¥14.2B0.8586.6%—
FY2018170,038¥64.0B¥51.1B¥16.0B0.8585.4%—
FY2017170,234¥63.3B¥51.2B¥16.5B0.8585.2%—
FY2016170,419¥62.0B¥52.4B¥16.9B0.8687.2%—
FY2015170,559¥63.5B¥54.8B¥14.3B0.8685.5%—

Similar-sized cities in Shizuoka Prefecture

All municipalities in Shizuoka 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)