Toyokawa City finances

愛知県豊川市の財政

City Aichi Prefecture, Japan Population 185,900 Area 161.14 km² FY2024 settlement of accounts
Total spending
¥79.6B
Per resident ¥427,985
Local bonds outstanding
¥36.6B
Per resident ¥197,004
Reserve funds
¥23.1B
Per resident ¥124,406
Fiscal strength index
0.78
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.78
#236 of 1718 in Japan · #38 of 54 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 ratioBetter than peers
88.9%
#558 of 1741 in Japan · #19 of 54 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 residentBetter than peers
¥197,004
#124 of 1741 in Japan · #23 of 54 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 residentBetter than peers
¥124,406
#1315 of 1741 in Japan · #23 of 54 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
51.3%
#251 of 1741 in Japan · #39 of 54 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
25.3%
#831 of 1718 in Japan · #17 of 54 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 ¥83.4B · per resident ¥448,781

Local taxes 36.5%Shared taxes and grants 10.2%Local allocation tax 10.4%National subsidies 17.4%Prefectural subsidies 6.4%Borrowing (local bonds) 4.2%Donations 0.3%Other 14.6%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥30.4B¥163,63536.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥8.5B¥45,81310.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥8.7B¥46,82710.4%
National subsidies
National treasury disbursements for specific programs
¥14.5B¥77,90217.4%
Prefectural subsidies
Prefectural disbursements for specific programs
¥5.4B¥28,9006.4%
Borrowing (local bonds)
New borrowing during the year
¥3.5B¥19,0664.2%
Donations
Including hometown tax (furusato nozei)
¥219M¥1,1790.3%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥12.2B¥65,45914.6%

Hometown tax (furusato nozei) donations received in FY2024: ¥195M

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
¥34.4B¥185,235¥195,91443.3%
General administration
Office management, tax collection, family registers, elections
¥10.2B¥55,105¥58,20712.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥8.2B¥44,334¥37,85710.4%
Education
Schools, libraries, community centers, sports facilities
¥8.2B¥43,882¥56,52710.3%
Public works
Roads, bridges, parks, sewers, public housing
¥6.7B¥36,132¥42,5498.4%
Debt service
Repayment of principal and interest on local bonds
¥5.4B¥28,943¥33,4736.8%
Fire & emergency¥2.4B¥13,107¥15,3083.1%
Commerce & tourism
Business attraction, shopping streets, tourism
¥2.3B¥12,573¥8,2832.9%
Agriculture, forestry & fisheries¥846M¥4,551¥5,8151.1%
Assembly¥411M¥2,212¥2,5010.5%
Disaster recovery¥239M¥1,287¥250.3%
Labor¥116M¥622¥5670.1%

Welfare spending

Children
¥15.6B
Per resident ¥83,692 (median ¥77,291)
Elderly
¥6.0B
Per resident ¥32,442 (median ¥33,275)
Social welfare
¥10.8B
Per resident ¥58,029 (median ¥62,541)
Public assistance
¥2.1B
Per resident ¥11,068 (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 50.3% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥100K¥200K¥300K2015201620172018201920202021202220232024Debt 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

86%88%90%92%94%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

185K186K186K186K187K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY2024185,900¥79.6B¥36.6B¥23.1B0.7888.9%—
FY2023186,376¥75.5B¥38.4B¥22.0B0.7986.1%—
FY2022186,524¥75.6B¥39.0B¥20.2B0.8187.5%—
FY2021186,775¥73.6B¥39.0B¥17.6B0.8488.9%—
FY2020186,783¥86.5B¥40.0B¥16.6B0.8792.9%—
FY2019186,802¥64.1B¥41.2B¥17.2B0.8788.6%—
FY2018186,454¥62.7B¥43.0B¥18.2B0.8889.5%—
FY2017186,009¥61.4B¥45.0B¥16.8B0.8888.6%—
FY2016185,833¥62.3B¥47.6B¥16.2B0.8890.8%—
FY2015185,273¥60.5B¥49.1B¥15.1B0.8987.5%—

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)