Koya Town finances

和歌山県高野町の財政

Town Wakayama Prefecture, Japan Population 2,605 Area 137.03 km² FY2024 settlement of accounts
Total spending
¥6.0B
Per resident ¥2,288,957
Local bonds outstanding
¥7.6B
Per resident ¥2,922,911
Reserve funds
¥7.8B
Per resident ¥2,991,177
Fiscal strength index
0.19
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.19
#1494 of 1718 in Japan · #26 of 30 in the prefecture (highest first)
Median of similar municipalities 0.18
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
91.1%
#812 of 1741 in Japan · #10 of 30 in the prefecture (lowest first)
Median of similar municipalities 86.2%
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
¥2,922,911
#1707 of 1741 in Japan · #29 of 30 in the prefecture (lowest first)
Median of similar municipalities ¥1,454,614
What this means

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

Reserve funds per residentBetter than peers
¥2,991,177
#36 of 1741 in Japan · #2 of 30 in the prefecture (highest first)
Median of similar municipalities ¥953,260
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
23.2%
#1569 of 1741 in Japan · #27 of 30 in the prefecture (highest first)
Median of similar municipalities 25.6%
What this means

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

Fiscal adjustment fund ratioBetter than peers
54.5%
#213 of 1718 in Japan · #7 of 30 in the prefecture (highest first)
Median of similar municipalities 36.0%
What this means

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

Revenue ¥6.2B · per resident ¥2,385,489

Local taxes 5.5%Shared taxes and grants 3.5%Local allocation tax 35.9%National subsidies 7.5%Prefectural subsidies 5.4%Borrowing (local bonds) 24.5%Donations 3.4%Other 14.2%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥343M¥131,7625.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥216M¥82,8693.5%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.2B¥857,50035.9%
National subsidies
National treasury disbursements for specific programs
¥466M¥178,9437.5%
Prefectural subsidies
Prefectural disbursements for specific programs
¥338M¥129,8915.4%
Borrowing (local bonds)
New borrowing during the year
¥1.5B¥583,41724.5%
Donations
Including hometown tax (furusato nozei)
¥212M¥81,3773.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥885M¥339,73114.2%

Hometown tax (furusato nozei) donations received in FY2024: ¥189M

Spending by function per resident

This municipalityMedian of towns under 5,000 people (157)
FunctionAmountPer residentPeer medianShare
Education
Schools, libraries, community centers, sports facilities
¥1.8B¥694,053¥134,37730.3%
General administration
Office management, tax collection, family registers, elections
¥1.1B¥422,218¥342,22918.4%
Welfare
Elderly, children, people with disabilities, public assistance
¥649M¥249,029¥271,26310.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥475M¥182,230¥146,2938.0%
Debt service
Repayment of principal and interest on local bonds
¥400M¥153,561¥169,9256.7%
Disaster recovery¥380M¥145,846¥1436.4%
Public works
Roads, bridges, parks, sewers, public housing
¥367M¥141,064¥176,6126.2%
Fire & emergency¥270M¥103,673¥66,2414.5%
Agriculture, forestry & fisheries¥265M¥101,649¥136,1234.4%
Commerce & tourism
Business attraction, shopping streets, tourism
¥199M¥76,462¥53,2313.3%
Assembly¥50M¥19,174¥18,3730.8%

Welfare spending

Children
¥166M
Per resident ¥63,818 (median ¥67,342)
Elderly
¥234M
Per resident ¥89,877 (median ¥83,671)
Social welfare
¥248M
Per resident ¥95,334 (median ¥107,823)
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 24.6% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥1.0M¥2.0M¥3.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥2.0M¥4.0M¥6.0M¥8.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.160.180.200.222015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

75%80%85%90%95%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

2,6002,8003,0003,2003,4002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20242,605¥6.0B¥7.6B¥7.8B0.1991.1%—
FY20232,676¥6.0B¥6.5B¥8.0B0.1986.7%—
FY20222,732¥5.5B¥5.0B¥8.0B0.2085.3%—
FY20212,794¥5.2B¥3.8B¥8.0B0.2077.9%—
FY20202,889¥4.4B¥3.3B¥8.0B0.2188.4%—
FY20192,983¥3.6B¥3.4B¥8.3B0.2196.6%—
FY20183,073¥23.0B¥3.4B¥8.6B0.2197.7%—
FY20173,126¥3.8B¥3.4B¥1.9B0.2094.7%—
FY20163,243¥4.0B¥3.3B¥1.9B0.2093.1%—
FY20153,298¥4.2B¥3.3B¥1.8B0.1990.4%—

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)