Shingu City finances

和歌山県新宮市の財政

City Wakayama Prefecture, Japan Population 25,822 Area 255.23 km² FY2024 settlement of accounts
Total spending
¥19.7B
Per resident ¥763,165
Local bonds outstanding
¥20.1B
Per resident ¥777,202
Reserve funds
¥10.4B
Per resident ¥401,193
Fiscal strength index
0.36
Closer to 1.0 = more self-funded

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

Fiscal strength index
0.36
#1030 of 1718 in Japan · #11 of 30 in the prefecture (highest first)
Median of similar municipalities 0.36
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
98.3%
#1606 of 1741 in Japan · #24 of 30 in the prefecture (lowest first)
Median of similar municipalities 93.7%
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
¥777,202
#1214 of 1741 in Japan · #15 of 30 in the prefecture (lowest first)
Median of similar municipalities ¥704,569
What this means

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

Reserve funds per residentBetter than peers
¥401,193
#577 of 1741 in Japan · #14 of 30 in the prefecture (highest first)
Median of similar municipalities ¥300,303
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
30.9%
#1201 of 1741 in Japan · #17 of 30 in the prefecture (highest first)
Median of similar municipalities 33.3%
What this means

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

Fiscal adjustment fund ratioBetter than peers
30.7%
#629 of 1718 in Japan · #18 of 30 in the prefecture (highest first)
Median of similar municipalities 24.0%
What this means

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

Revenue ¥21.4B · per resident ¥827,116

Local taxes 15.0%Shared taxes and grants 5.7%Local allocation tax 34.2%National subsidies 16.3%Prefectural subsidies 5.5%Borrowing (local bonds) 7.4%Donations 1.4%Other 14.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥3.2B¥124,20615.0%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.2B¥46,7835.7%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥7.3B¥282,99034.2%
National subsidies
National treasury disbursements for specific programs
¥3.5B¥135,12616.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.2B¥45,8915.5%
Borrowing (local bonds)
New borrowing during the year
¥1.6B¥61,0727.4%
Donations
Including hometown tax (furusato nozei)
¥293M¥11,3561.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥3.1B¥119,69214.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥270M

Spending by function per resident

This municipalityMedian of cities under 30,000 people (128)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥6.9B¥267,098¥237,42035.0%
General administration
Office management, tax collection, family registers, elections
¥2.9B¥112,813¥155,07814.8%
Debt service
Repayment of principal and interest on local bonds
¥2.5B¥95,947¥81,90612.6%
Health & sanitation
Health checks, vaccinations, waste disposal
¥2.4B¥93,402¥73,46712.2%
Public works
Roads, bridges, parks, sewers, public housing
¥1.7B¥67,727¥68,4408.9%
Education
Schools, libraries, community centers, sports facilities
¥1.7B¥64,225¥73,0238.4%
Fire & emergency¥670M¥25,957¥33,1213.4%
Agriculture, forestry & fisheries¥374M¥14,468¥34,5911.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥313M¥12,119¥23,3011.6%
Assembly¥158M¥6,126¥6,3190.8%
Disaster recovery¥80M¥3,106¥3,0780.4%
Labor¥5M¥178¥6890.0%

Welfare spending

Children
¥2.0B
Per resident ¥77,677 (median ¥72,929)
Elderly
¥1.4B
Per resident ¥53,407 (median ¥56,121)
Social welfare
¥2.4B
Per resident ¥94,031 (median ¥80,674)
Public assistance
¥1.1B
Per resident ¥41,980 (median ¥18,406)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 51.7% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.350.400.452015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

24K26K28K30K32K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202425,822¥19.7B¥20.1B¥10.4B0.3698.3%—
FY202326,333¥19.6B¥20.9B¥10.3B0.3697.4%—
FY202226,924¥19.1B¥21.8B¥9.5B0.3695.1%—
FY202127,420¥22.3B¥23.5B¥9.1B0.3691.4%—
FY202027,843¥21.9B¥23.2B¥8.7B0.3797.1%—
FY201928,326¥16.6B¥23.5B¥7.9B0.3698.4%—
FY201828,876¥17.2B¥24.1B¥7.9B0.36100.0%—
FY201729,358¥16.3B¥25.5B¥7.8B0.37100.2%—
FY201629,860¥18.8B¥26.4B¥8.3B0.37100.2%—
FY201530,431¥18.3B¥25.4B¥8.2B0.3796.5%—

Similar-sized cities in Wakayama Prefecture

All municipalities in Wakayama 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)