Toyota City finances

愛知県豊田市の財政

City Aichi Prefecture, Japan Population 414,750 Area 918.32 km² FY2024 settlement of accounts
Total spending
¥229.4B
Per resident ¥553,213
Local bonds outstanding
¥39.1B
Per resident ¥94,317
Reserve funds
¥102.6B
Per resident ¥247,340
Fiscal strength index
1.41
1.0 or more: no ordinary allocation tax

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

Fiscal strength indexBetter than peers
1.41
#11 of 1718 in Japan · #2 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 ratioBetter than peers
65.0%
#8 of 1741 in Japan · #1 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
¥94,317
#45 of 1741 in Japan · #9 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 residentBetter than peers
¥247,340
#891 of 1741 in Japan · #9 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
72.7%
#11 of 1741 in Japan · #3 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 ratioBetter than peers
30.4%
#639 of 1718 in Japan · #8 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 ¥246.5B · per resident ¥594,378

Local taxes 59.5%Shared taxes and grants 8.6%Local allocation tax 0.1%National subsidies 13.2%Prefectural subsidies 4.7%Borrowing (local bonds) 0.8%Donations 0.1%Other 13.0%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥146.8B¥353,86759.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥21.1B¥50,8848.6%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥138M¥3330.1%
National subsidies
National treasury disbursements for specific programs
¥32.6B¥78,63913.2%
Prefectural subsidies
Prefectural disbursements for specific programs
¥11.6B¥27,9544.7%
Borrowing (local bonds)
New borrowing during the year
¥1.9B¥4,6200.8%
Donations
Including hometown tax (furusato nozei)
¥349M¥8420.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥32.0B¥77,23913.0%

Hometown tax (furusato nozei) donations received in FY2024: ¥271M

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
¥73.5B¥177,283¥199,78732.0%
General administration
Office management, tax collection, family registers, elections
¥39.0B¥94,068¥43,81317.0%
Public works
Roads, bridges, parks, sewers, public housing
¥37.7B¥90,838¥41,69216.4%
Education
Schools, libraries, community centers, sports facilities
¥32.9B¥79,344¥52,00014.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥22.3B¥53,756¥36,7889.7%
Fire & emergency¥7.8B¥18,872¥13,6943.4%
Debt service
Repayment of principal and interest on local bonds
¥7.0B¥16,895¥33,0333.1%
Commerce & tourism
Business attraction, shopping streets, tourism
¥4.1B¥9,948¥7,2011.8%
Agriculture, forestry & fisheries¥3.1B¥7,493¥4,1501.4%
Assembly¥876M¥2,112¥1,8730.4%
Disaster recovery¥581M¥1,401¥80.3%
Labor¥499M¥1,204¥5440.2%

Welfare spending

Children
¥31.8B
Per resident ¥76,611 (median ¥78,428)
Elderly
¥12.1B
Per resident ¥29,204 (median ¥34,482)
Social welfare
¥25.4B
Per resident ¥61,142 (median ¥60,747)
Public assistance
¥4.3B
Per resident ¥10,259 (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 36.6% 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

0.801.001.201.401.602015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

60%70%80%90%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

410K415K420K425K430K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY2024414,750¥229.4B¥39.1B¥102.6B1.4165.0%—
FY2023416,383¥199.8B¥44.1B¥79.4B1.3475.1%—
FY2022417,432¥199.9B¥47.8B¥80.3B1.3171.1%—
FY2021419,249¥194.8B¥51.0B¥67.1B1.4283.5%—
FY2020422,225¥239.4B¥51.6B¥75.0B1.3977.1%—
FY2019425,145¥187.3B¥51.4B¥84.2B1.4769.7%—
FY2018425,755¥178.0B¥50.9B¥83.1B1.4970.4%—
FY2017425,172¥184.5B¥58.5B¥82.1B1.5276.4%—
FY2016424,095¥186.5B¥64.6B¥88.0B1.3066.5%—
FY2015422,571¥186.7B¥72.9B¥74.7B1.1166.5%—

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)