Mihama Town finances

三重県御浜町の財政

Town Mie Prefecture, Japan Population 7,809 Area 88.13 km² FY2024 settlement of accounts
Total spending
¥5.7B
Per resident ¥731,633
Local bonds outstanding
¥3.2B
Per resident ¥404,400
Reserve funds
¥2.4B
Per resident ¥301,297
Fiscal strength index
0.28
Closer to 1.0 = more self-funded

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

Fiscal strength index
0.28
#1234 of 1718 in Japan · #23 of 29 in the prefecture (highest first)
Median of similar municipalities 0.27
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
93.3%
#1091 of 1741 in Japan · #19 of 29 in the prefecture (lowest first)
Median of similar municipalities 89.1%
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 residentBetter than peers
¥404,400
#604 of 1741 in Japan · #12 of 29 in the prefecture (lowest first)
Median of similar municipalities ¥858,549
What this means

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

Reserve funds per residentWorse than peers
¥301,297
#754 of 1741 in Japan · #10 of 29 in the prefecture (highest first)
Median of similar municipalities ¥465,414
What this means

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

Own-source revenue ratioWorse than peers
28.9%
#1324 of 1741 in Japan · #25 of 29 in the prefecture (highest first)
Median of similar municipalities 30.5%
What this means

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

Fiscal adjustment fund ratioBetter than peers
37.7%
#439 of 1718 in Japan · #9 of 29 in the prefecture (highest first)
Median of similar municipalities 31.1%
What this means

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

Revenue ¥6.0B · per resident ¥773,698

Local taxes 13.1%Shared taxes and grants 5.9%Local allocation tax 43.9%National subsidies 12.2%Prefectural subsidies 5.8%Borrowing (local bonds) 3.3%Donations 2.0%Other 13.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥789M¥101,05113.1%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥356M¥45,6145.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.7B¥339,90643.9%
National subsidies
National treasury disbursements for specific programs
¥736M¥94,21712.2%
Prefectural subsidies
Prefectural disbursements for specific programs
¥349M¥44,6465.8%
Borrowing (local bonds)
New borrowing during the year
¥201M¥25,7013.3%
Donations
Including hometown tax (furusato nozei)
¥122M¥15,6722.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥835M¥106,89113.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥122M

Spending by function per resident

This municipalityMedian of towns with 5,000–10,000 people (210)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥1.7B¥219,918¥224,28430.1%
General administration
Office management, tax collection, family registers, elections
¥924M¥118,289¥189,68216.2%
Public works
Roads, bridges, parks, sewers, public housing
¥693M¥88,716¥100,91812.1%
Health & sanitation
Health checks, vaccinations, waste disposal
¥565M¥72,359¥87,5229.9%
Debt service
Repayment of principal and interest on local bonds
¥518M¥66,351¥94,3999.1%
Education
Schools, libraries, community centers, sports facilities
¥436M¥55,817¥97,8687.6%
Agriculture, forestry & fisheries¥369M¥47,262¥62,1796.5%
Fire & emergency¥269M¥34,455¥38,6874.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥148M¥18,976¥26,8702.6%
Assembly¥59M¥7,558¥10,2151.0%
Disaster recovery¥15M¥1,933¥1,5420.3%

Welfare spending

Children
¥423M
Per resident ¥54,108 (median ¥67,708)
Elderly
¥569M
Per resident ¥72,883 (median ¥60,528)
Social welfare
¥726M
Per resident ¥92,914 (median ¥89,723)
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 39.7% 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¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.250.260.270.280.292015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

7,5008,0008,5009,0009,5002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,809¥5.7B¥3.2B¥2.4B0.2893.3%—
FY20237,938¥5.2B¥3.5B¥2.6B0.2788.8%—
FY20228,086¥5.2B¥3.7B¥2.4B0.2794.7%—
FY20218,237¥5.6B¥4.2B¥2.2B0.2891.5%—
FY20208,355¥6.2B¥4.4B¥2.0B0.2995.2%—
FY20198,487¥5.1B¥4.6B¥1.9B0.2994.2%—
FY20188,684¥4.7B¥4.7B¥2.0B0.2993.8%—
FY20178,775¥4.8B¥4.8B¥2.3B0.2895.4%—
FY20168,972¥5.1B¥4.7B¥2.2B0.2894.4%—
FY20159,113¥5.2B¥4.5B¥2.1B0.2892.7%—

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)