Kimino Town finances

和歌山県紀美野町の財政

Town Wakayama Prefecture, Japan Population 7,711 Area 128.34 km² FY2024 settlement of accounts
Total spending
¥10.4B
Per resident ¥1,347,041
Local bonds outstanding
¥8.1B
Per resident ¥1,051,031
Reserve funds
¥2.6B
Per resident ¥333,157
Fiscal strength index
0.21
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.21
#1446 of 1718 in Japan · #24 of 30 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 ratioWorse than peers
98.2%
#1598 of 1741 in Japan · #23 of 30 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 residentWorse than peers
¥1,051,031
#1391 of 1741 in Japan · #24 of 30 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
¥333,157
#695 of 1741 in Japan · #19 of 30 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
23.0%
#1574 of 1741 in Japan · #28 of 30 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 ratioWorse than peers
17.7%
#1223 of 1718 in Japan · #29 of 30 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 ¥11.1B · per resident ¥1,435,523

Local taxes 6.9%Shared taxes and grants 3.9%Local allocation tax 38.9%National subsidies 12.6%Prefectural subsidies 3.5%Borrowing (local bonds) 18.1%Donations 2.1%Other 13.9%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥768M¥99,5856.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥434M¥56,3253.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥4.3B¥558,16538.9%
National subsidies
National treasury disbursements for specific programs
¥1.4B¥181,40312.6%
Prefectural subsidies
Prefectural disbursements for specific programs
¥387M¥50,2343.5%
Borrowing (local bonds)
New borrowing during the year
¥2.0B¥259,93318.1%
Donations
Including hometown tax (furusato nozei)
¥235M¥30,5332.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.5B¥199,34513.9%

Hometown tax (furusato nozei) donations received in FY2024: ¥235M

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
¥1.9B¥243,154¥224,28418.1%
Education
Schools, libraries, community centers, sports facilities
¥1.4B¥182,112¥97,86813.5%
Fire & emergency¥1.3B¥167,112¥38,68712.4%
General administration
Office management, tax collection, family registers, elections
¥1.2B¥152,209¥189,68211.3%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.2B¥152,102¥87,52211.3%
Debt service
Repayment of principal and interest on local bonds
¥1.1B¥145,922¥94,39910.8%
Public works
Roads, bridges, parks, sewers, public housing
¥1.0B¥133,975¥100,9189.9%
Disaster recovery¥642M¥83,261¥1,5426.2%
Agriculture, forestry & fisheries¥492M¥63,816¥62,1794.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥101M¥13,047¥26,8701.0%
Assembly¥80M¥10,331¥10,2150.8%

Welfare spending

Children
¥460M
Per resident ¥59,686 (median ¥67,708)
Elderly
¥607M
Per resident ¥78,735 (median ¥60,528)
Social welfare
¥807M
Per resident ¥104,690 (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 31.6% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥500K¥1.0M¥1.5M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.200.220.240.260.280.302015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

7,5008,0008,5009,0009,50010K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,711¥10.4B¥8.1B¥2.6B0.2198.2%—
FY20237,912¥9.0B¥7.2B¥3.0B0.2198.3%—
FY20228,098¥8.4B¥7.2B¥3.4B0.2196.7%—
FY20218,302¥7.9B¥7.9B¥3.5B0.2294.8%—
FY20208,521¥10.2B¥8.5B¥3.4B0.2297.7%—
FY20198,702¥7.4B¥8.4B¥3.6B0.2299.0%—
FY20188,914¥6.8B¥8.7B¥3.7B0.2297.6%—
FY20179,158¥7.1B¥9.2B¥3.6B0.2192.3%—
FY20169,367¥7.1B¥9.4B¥3.6B0.2191.2%—
FY20159,599¥7.4B¥9.7B¥3.0B0.2287.6%—

Similar-sized towns 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)