Iwade City finances

和歌山県岩出市の財政

City Wakayama Prefecture, Japan Population 53,900 Area 38.51 km² FY2024 settlement of accounts
Total spending
¥20.7B
Per resident ¥384,110
Local bonds outstanding
¥2.6B
Per resident ¥48,345
Reserve funds
¥10.3B
Per resident ¥190,880
Fiscal strength index
0.61
Closer to 1.0 = more self-funded

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

Fiscal strength index
0.61
#517 of 1718 in Japan · #2 of 30 in the prefecture (highest first)
Median of similar municipalities 0.64
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
81.2%
#141 of 1741 in Japan · #3 of 30 in the prefecture (lowest first)
Median of similar municipalities 94.0%
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
¥48,345
#20 of 1741 in Japan · #1 of 30 in the prefecture (lowest first)
Median of similar municipalities ¥382,998
What this means

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

Reserve funds per residentBetter than peers
¥190,880
#1064 of 1741 in Japan · #26 of 30 in the prefecture (highest first)
Median of similar municipalities ¥126,853
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
39.4%
#759 of 1741 in Japan · #8 of 30 in the prefecture (highest first)
Median of similar municipalities 43.4%
What this means

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

Fiscal adjustment fund ratioBetter than peers
20.4%
#1076 of 1718 in Japan · #27 of 30 in the prefecture (highest first)
Median of similar municipalities 18.8%
What this means

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

Revenue ¥21.5B · per resident ¥398,555

Local taxes 28.9%Shared taxes and grants 9.4%Local allocation tax 22.4%National subsidies 21.0%Prefectural subsidies 7.7%Borrowing (local bonds) 0.2%Donations 0.1%Other 10.4%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥6.2B¥115,05728.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥2.0B¥37,3799.4%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥4.8B¥89,26522.4%
National subsidies
National treasury disbursements for specific programs
¥4.5B¥83,54121.0%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.6B¥30,5387.7%
Borrowing (local bonds)
New borrowing during the year
¥51M¥9460.2%
Donations
Including hometown tax (furusato nozei)
¥22M¥4090.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.2B¥41,42110.4%

Hometown tax (furusato nozei) donations received in FY2024: ¥11M

Spending by function per resident

This municipalityMedian of cities with 50,000–100,000 people (234)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥9.8B¥181,692¥194,51747.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥3.1B¥57,789¥39,91315.0%
Education
Schools, libraries, community centers, sports facilities
¥1.9B¥35,528¥57,0589.2%
General administration
Office management, tax collection, family registers, elections
¥1.8B¥33,915¥69,0538.8%
Public works
Roads, bridges, parks, sewers, public housing
¥1.8B¥33,152¥44,1778.6%
Debt service
Repayment of principal and interest on local bonds
¥988M¥18,337¥38,6834.8%
Fire & emergency¥804M¥14,913¥17,6233.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥163M¥3,019¥8,6410.8%
Agriculture, forestry & fisheries¥158M¥2,935¥9,0050.8%
Assembly¥151M¥2,803¥3,3390.7%
Disaster recovery¥2M¥29¥810.0%

Welfare spending

Children
¥3.5B
Per resident ¥65,454 (median ¥77,676)
Elderly
¥1.5B
Per resident ¥26,939 (median ¥34,812)
Social welfare
¥3.9B
Per resident ¥73,153 (median ¥63,964)
Public assistance
¥870M
Per resident ¥16,144 (median ¥17,030)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 50.2% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥50K¥100K¥150K¥200K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.600.620.640.660.682015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

54K54K54K54K54K54K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202453,900¥20.7B¥2.6B¥10.3B0.6181.2%—
FY202354,059¥19.4B¥3.5B¥9.7B0.6181.6%—
FY202254,215¥19.9B¥4.5B¥9.2B0.6281.8%—
FY202154,161¥20.7B¥5.6B¥8.6B0.6380.7%—
FY202053,995¥24.5B¥6.3B¥7.0B0.6486.4%—
FY201953,994¥17.6B¥6.3B¥6.7B0.6485.4%—
FY201853,908¥17.3B¥6.5B¥6.3B0.6486.2%—
FY201753,955¥16.7B¥6.9B¥6.1B0.6486.9%—
FY201653,901¥15.9B¥7.4B¥5.6B0.6485.9%—
FY201553,818¥17.0B¥7.9B¥5.4B0.6282.9%—

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)