Meiwa Town finances

三重県明和町の財政

Town Mie Prefecture, Japan Population 22,630 Area 41.06 km² FY2024 settlement of accounts
Total spending
¥12.3B
Per resident ¥544,753
Local bonds outstanding
¥11.6B
Per resident ¥514,036
Reserve funds
¥3.0B
Per resident ¥134,278
Fiscal strength index
0.52
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.52
#685 of 1718 in Japan · #16 of 29 in the prefecture (highest first)
Median of similar municipalities 0.63
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 ratioWorse than peers
103.0%
#1733 of 1741 in Japan · #29 of 29 in the prefecture (lowest first)
Median of similar municipalities 91.1%
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
¥514,036
#826 of 1741 in Japan · #19 of 29 in the prefecture (lowest first)
Median of similar municipalities ¥303,943
What this means

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

Reserve funds per resident
¥134,278
#1274 of 1741 in Japan · #24 of 29 in the prefecture (highest first)
Median of similar municipalities ¥135,471
What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratio
45.8%
#465 of 1741 in Japan · #11 of 29 in the prefecture (highest first)
Median of similar municipalities 45.0%
What this means

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

Fiscal adjustment fund ratioBetter than peers
28.3%
#716 of 1718 in Japan · #15 of 29 in the prefecture (highest first)
Median of similar municipalities 22.5%
What this means

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

Revenue ¥13.7B · per resident ¥605,079

Local taxes 19.1%Shared taxes and grants 7.2%Local allocation tax 23.2%National subsidies 13.5%Prefectural subsidies 5.9%Borrowing (local bonds) 4.5%Donations 10.1%Other 16.6%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥2.6B¥115,28919.1%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥981M¥43,3407.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.2B¥140,32023.2%
National subsidies
National treasury disbursements for specific programs
¥1.9B¥81,90413.5%
Prefectural subsidies
Prefectural disbursements for specific programs
¥803M¥35,4845.9%
Borrowing (local bonds)
New borrowing during the year
¥610M¥26,9424.5%
Donations
Including hometown tax (furusato nozei)
¥1.4B¥61,12010.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.3B¥100,68116.6%

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

Spending by function per resident

This municipalityMedian of towns with 20,000+ people (131)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥4.2B¥184,700¥168,25833.9%
General administration
Office management, tax collection, family registers, elections
¥3.3B¥147,395¥66,27327.1%
Education
Schools, libraries, community centers, sports facilities
¥1.3B¥56,481¥56,48110.4%
Debt service
Repayment of principal and interest on local bonds
¥1.1B¥49,253¥30,1659.0%
Health & sanitation
Health checks, vaccinations, waste disposal
¥769M¥33,960¥35,8346.2%
Public works
Roads, bridges, parks, sewers, public housing
¥679M¥29,997¥40,6735.5%
Agriculture, forestry & fisheries¥381M¥16,846¥7,5083.1%
Fire & emergency¥369M¥16,321¥17,4743.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥137M¥6,032¥5,7691.1%
Assembly¥85M¥3,759¥3,8460.7%
Labor¥164,000¥7¥2190.0%

Welfare spending

Children
¥1.6B
Per resident ¥72,511 (median ¥73,617)
Elderly
¥869M
Per resident ¥38,386 (median ¥33,074)
Social welfare
¥1.7B
Per resident ¥73,784 (median ¥61,434)
Public assistance
¥0
Per resident ¥0 (median ¥0)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 42.9% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥200K¥400K¥600K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.500.550.600.650.702015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

80%85%90%95%100%105%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

23K23K23K23K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202422,630¥12.3B¥11.6B¥3.0B0.52103.0%—
FY202322,867¥13.8B¥12.1B¥3.2B0.53101.4%—
FY202222,910¥12.5B¥11.2B¥3.3B0.5389.3%—
FY202122,991¥11.6B¥11.5B¥2.7B0.5584.4%—
FY202023,083¥13.5B¥11.5B¥2.4B0.5685.7%—
FY201923,139¥11.2B¥11.5B¥1.9B0.5790.6%—
FY201823,179¥10.0B¥10.4B¥1.4B0.5792.7%—
FY201723,196¥9.3B¥9.4B¥1.8B0.5787.5%—
FY201623,162¥9.7B¥9.1B¥1.9B0.5787.4%—
FY201523,160¥9.1B¥8.9B¥2.2B0.5686.0%—

Similar-sized towns in Mie Prefecture

All municipalities in Mie 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)