Izu City finances

静岡県伊豆市の財政

City Shizuoka Prefecture, Japan Population 27,748 Area 363.97 km² FY2024 settlement of accounts
Total spending
¥25.9B
Per resident ¥932,854
Local bonds outstanding
¥28.1B
Per resident ¥1,011,911
Reserve funds
¥9.3B
Per resident ¥335,558
Fiscal strength index
0.44
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.44
#846 of 1718 in Japan · #30 of 35 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
89.8%
#644 of 1741 in Japan · #17 of 35 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 residentWorse than peers
¥1,011,911
#1368 of 1741 in Japan · #35 of 35 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 residentBetter than peers
¥335,558
#689 of 1741 in Japan · #5 of 35 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
37.7%
#844 of 1741 in Japan · #31 of 35 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 ratioBetter than peers
45.3%
#312 of 1718 in Japan · #4 of 35 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 ¥27.5B · per resident ¥990,429

Local taxes 14.9%Shared taxes and grants 5.2%Local allocation tax 23.0%National subsidies 12.8%Prefectural subsidies 4.3%Borrowing (local bonds) 17.0%Donations 5.0%Other 17.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥4.1B¥147,85214.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.4B¥51,7245.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥6.3B¥227,72023.0%
National subsidies
National treasury disbursements for specific programs
¥3.5B¥126,75612.8%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.2B¥42,2984.3%
Borrowing (local bonds)
New borrowing during the year
¥4.7B¥168,18117.0%
Donations
Including hometown tax (furusato nozei)
¥1.4B¥49,7445.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥4.9B¥176,15417.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥1.4B

Spending by function per resident

This municipalityMedian of cities under 30,000 people (128)
FunctionAmountPer residentPeer medianShare
Education
Schools, libraries, community centers, sports facilities
¥5.6B¥201,567¥73,02321.6%
Welfare
Elderly, children, people with disabilities, public assistance
¥5.4B¥196,196¥237,42021.0%
General administration
Office management, tax collection, family registers, elections
¥4.7B¥170,794¥155,07818.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥2.5B¥90,312¥73,4679.7%
Public works
Roads, bridges, parks, sewers, public housing
¥2.3B¥84,521¥68,4409.1%
Debt service
Repayment of principal and interest on local bonds
¥1.9B¥69,910¥81,9067.5%
Fire & emergency¥1.7B¥61,541¥33,1216.6%
Commerce & tourism
Business attraction, shopping streets, tourism
¥867M¥31,237¥23,3013.3%
Agriculture, forestry & fisheries¥425M¥15,325¥34,5911.6%
Disaster recovery¥175M¥6,305¥3,0780.7%
Assembly¥127M¥4,569¥6,3190.5%
Labor¥16M¥577¥6890.1%

Welfare spending

Children
¥1.7B
Per resident ¥61,332 (median ¥72,929)
Elderly
¥1.4B
Per resident ¥49,267 (median ¥56,121)
Social welfare
¥1.9B
Per resident ¥67,771 (median ¥80,674)
Public assistance
¥494M
Per resident ¥17,818 (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 29.7% 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¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.400.500.602015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

82%85%88%90%92%95%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

26K28K30K32K34K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202427,748¥25.9B¥28.1B¥9.3B0.4489.8%—
FY202328,271¥21.5B¥25.3B¥9.9B0.4588.0%—
FY202228,872¥22.5B¥24.6B¥10.1B0.4687.0%—
FY202129,319¥22.4B¥21.8B¥9.5B0.4885.5%—
FY202029,784¥21.8B¥18.6B¥8.9B0.5089.9%—
FY201930,360¥18.3B¥18.0B¥9.7B0.5091.1%—
FY201830,952¥19.6B¥17.4B¥10.4B0.5189.8%—
FY201731,411¥15.9B¥14.5B¥8.1B0.5288.3%—
FY201631,842¥16.3B¥14.6B¥7.8B0.5486.5%—
FY201532,376¥16.1B¥14.8B¥7.7B0.5684.0%—

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)