Iwakura City finances

愛知県岩倉市の財政

City Aichi Prefecture, Japan Population 47,761 Area 10.47 km² FY2024 settlement of accounts
Total spending
¥18.2B
Per resident ¥380,868
Local bonds outstanding
¥9.0B
Per resident ¥187,480
Reserve funds
¥3.3B
Per resident ¥69,134
Fiscal strength index
0.73
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.73
#315 of 1718 in Japan · #44 of 54 in the prefecture (highest first)
Median of similar municipalities 0.46
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
91.5%
#862 of 1741 in Japan · #29 of 54 in the prefecture (lowest first)
Median of similar municipalities 93.6%
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
¥187,480
#111 of 1741 in Japan · #18 of 54 in the prefecture (lowest first)
Median of similar municipalities ¥533,835
What this means

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

Reserve funds per residentWorse than peers
¥69,134
#1601 of 1741 in Japan · #43 of 54 in the prefecture (highest first)
Median of similar municipalities ¥215,241
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
48.8%
#336 of 1741 in Japan · #42 of 54 in the prefecture (highest first)
Median of similar municipalities 36.6%
What this means

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

Fiscal adjustment fund ratioWorse than peers
14.5%
#1377 of 1718 in Japan · #42 of 54 in the prefecture (highest first)
Median of similar municipalities 22.8%
What this means

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

Revenue ¥18.8B · per resident ¥394,549

Local taxes 37.7%Shared taxes and grants 10.4%Local allocation tax 14.9%National subsidies 17.6%Prefectural subsidies 6.9%Borrowing (local bonds) 1.4%Donations 0.4%Other 10.7%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥7.1B¥148,61037.7%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥2.0B¥41,18810.4%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.8B¥58,60914.9%
National subsidies
National treasury disbursements for specific programs
¥3.3B¥69,37617.6%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.3B¥27,4166.9%
Borrowing (local bonds)
New borrowing during the year
¥267M¥5,5971.4%
Donations
Including hometown tax (furusato nozei)
¥71M¥1,4790.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.0B¥42,27410.7%

Hometown tax (furusato nozei) donations received in FY2024: ¥71M

Spending by function per resident

This municipalityMedian of cities with 30,000–50,000 people (175)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥8.6B¥179,151¥204,71347.0%
General administration
Office management, tax collection, family registers, elections
¥2.1B¥43,310¥95,25711.4%
Education
Schools, libraries, community centers, sports facilities
¥1.9B¥40,118¥65,18010.5%
Public works
Roads, bridges, parks, sewers, public housing
¥1.6B¥33,456¥56,1098.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.5B¥31,395¥53,6198.2%
Debt service
Repayment of principal and interest on local bonds
¥1.2B¥25,026¥55,6096.6%
Fire & emergency¥598M¥12,520¥24,6923.3%
Commerce & tourism
Business attraction, shopping streets, tourism
¥347M¥7,269¥15,9791.9%
Agriculture, forestry & fisheries¥229M¥4,801¥24,4981.3%
Assembly¥182M¥3,807¥4,5581.0%
Labor¥776,000¥16¥4810.0%

Welfare spending

Children
¥3.4B
Per resident ¥72,234 (median ¥74,813)
Elderly
¥1.6B
Per resident ¥33,233 (median ¥44,208)
Social welfare
¥2.8B
Per resident ¥57,933 (median ¥69,722)
Public assistance
¥752M
Per resident ¥15,751 (median ¥15,038)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 55.5% 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¥600K¥800K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.400.500.600.700.800.902015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

48K48K48K48K48K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202447,761¥18.2B¥9.0B¥3.3B0.7391.5%—
FY202347,839¥17.8B¥9.9B¥3.2B0.7491.6%—
FY202247,821¥17.7B¥10.7B¥3.3B0.7787.6%—
FY202147,838¥18.6B¥11.4B¥3.2B0.7982.8%—
FY202048,075¥21.6B¥11.5B¥2.1B0.8289.0%—
FY201948,092¥15.8B¥11.7B¥2.7B0.8286.8%—
FY201848,058¥14.8B¥11.7B¥2.8B0.8388.1%—
FY201748,052¥14.2B¥11.8B¥3.2B0.8285.5%—
FY201647,949¥15.6B¥12.1B¥2.4B0.8185.3%—
FY201547,758¥14.7B¥11.4B¥2.2B0.8080.9%—

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)