Okazaki City finances

愛知県岡崎市の財政

City Aichi Prefecture, Japan Population 382,656 Area 387.20 km² FY2024 settlement of accounts
Total spending
¥148.4B
Per resident ¥387,775
Local bonds outstanding
¥52.4B
Per resident ¥137,042
Reserve funds
¥25.9B
Per resident ¥67,754
Fiscal strength index
1.00
1.0 or more: no ordinary allocation tax

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

Fiscal strength indexBetter than peers
1.00
#74 of 1718 in Japan · #17 of 54 in the prefecture (highest first)
Median of similar municipalities 0.81
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
93.1%
#1067 of 1741 in Japan · #37 of 54 in the prefecture (lowest first)
Median of similar municipalities 94.9%
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 residentBetter than peers
¥137,042
#63 of 1741 in Japan · #14 of 54 in the prefecture (lowest first)
Median of similar municipalities ¥321,738
What this means

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

Reserve funds per resident
¥67,754
#1609 of 1741 in Japan · #44 of 54 in the prefecture (highest first)
Median of similar municipalities ¥70,642
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
61.4%
#75 of 1741 in Japan · #17 of 54 in the prefecture (highest first)
Median of similar municipalities 47.6%
What this means

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

Fiscal adjustment fund ratioWorse than peers
11.3%
#1538 of 1718 in Japan · #48 of 54 in the prefecture (highest first)
Median of similar municipalities 12.5%
What this means

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

Revenue ¥157.7B · per resident ¥412,018

Local taxes 45.0%Shared taxes and grants 11.0%Local allocation tax 0.3%National subsidies 17.4%Prefectural subsidies 6.2%Borrowing (local bonds) 3.8%Donations 0.4%Other 16.0%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥70.9B¥185,38845.0%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥17.3B¥45,24411.0%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥431M¥1,1270.3%
National subsidies
National treasury disbursements for specific programs
¥27.4B¥71,64617.4%
Prefectural subsidies
Prefectural disbursements for specific programs
¥9.7B¥25,3786.2%
Borrowing (local bonds)
New borrowing during the year
¥6.0B¥15,8003.8%
Donations
Including hometown tax (furusato nozei)
¥609M¥1,5910.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥25.2B¥65,84416.0%

Hometown tax (furusato nozei) donations received in FY2024: ¥331M

Spending by function per resident

This municipalityMedian of cities with 200,000+ people (91)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥62.1B¥162,386¥199,78741.9%
Education
Schools, libraries, community centers, sports facilities
¥20.1B¥52,618¥52,00013.6%
Public works
Roads, bridges, parks, sewers, public housing
¥19.5B¥51,005¥41,69213.2%
Health & sanitation
Health checks, vaccinations, waste disposal
¥15.7B¥41,022¥36,78810.6%
General administration
Office management, tax collection, family registers, elections
¥13.8B¥36,012¥43,8139.3%
Debt service
Repayment of principal and interest on local bonds
¥6.8B¥17,894¥33,0334.6%
Fire & emergency¥4.4B¥11,454¥13,6943.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥2.9B¥7,695¥7,2012.0%
Agriculture, forestry & fisheries¥2.2B¥5,643¥4,1501.5%
Assembly¥681M¥1,779¥1,8730.5%
Labor¥99M¥258¥5440.1%
Disaster recovery¥3M¥8¥80.0%

Welfare spending

Children
¥26.7B
Per resident ¥69,872 (median ¥78,428)
Elderly
¥11.7B
Per resident ¥30,465 (median ¥34,482)
Social welfare
¥18.8B
Per resident ¥49,070 (median ¥60,747)
Public assistance
¥5.0B
Per resident ¥12,979 (median ¥29,092)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 48.1% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥50K¥100K¥150K¥200K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.800.901.001.102015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

382K384K386K388K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY2024382,656¥148.4B¥52.4B¥25.9B1.0093.1%—
FY2023383,915¥143.4B¥53.1B¥28.0B1.0091.9%—
FY2022384,422¥143.1B¥55.6B¥28.2B1.0090.4%—
FY2021385,355¥140.8B¥59.6B¥28.3B1.0287.9%—
FY2020386,252¥171.1B¥62.3B¥24.4B1.0488.8%—
FY2019387,791¥131.4B¥62.5B¥24.9B1.0387.7%—
FY2018387,842¥121.3B¥60.6B¥29.3B1.0286.5%—
FY2017386,763¥121.4B¥61.7B¥29.8B1.0185.6%—
FY2016384,659¥120.6B¥62.0B¥30.3B1.0086.9%—
FY2015382,784¥118.4B¥63.1B¥30.2B0.9984.4%—

Similar-sized cities in Aichi Prefecture

All municipalities in Aichi 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)