Hirogawa Town finances

和歌山県広川町の財政

Town Wakayama Prefecture, Japan Population 6,403 Area 65.35 km² FY2024 settlement of accounts
Total spending
¥5.7B
Per resident ¥885,470
Local bonds outstanding
¥4.5B
Per resident ¥709,190
Reserve funds
¥2.9B
Per resident ¥449,975
Fiscal strength index
0.29
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.29
#1208 of 1718 in Japan · #18 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 ratio
93.2%
#1082 of 1741 in Japan · #13 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 residentBetter than peers
¥709,190
#1144 of 1741 in Japan · #12 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 resident
¥449,975
#519 of 1741 in Japan · #13 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 ratio
29.0%
#1320 of 1741 in Japan · #20 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
21.0%
#1044 of 1718 in Japan · #25 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 ¥5.9B · per resident ¥916,032

Local taxes 12.4%Shared taxes and grants 4.8%Local allocation tax 37.6%National subsidies 13.7%Prefectural subsidies 6.8%Borrowing (local bonds) 8.1%Donations 6.9%Other 9.7%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥725M¥113,17312.4%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥284M¥44,3604.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.2B¥344,47037.6%
National subsidies
National treasury disbursements for specific programs
¥803M¥125,37013.7%
Prefectural subsidies
Prefectural disbursements for specific programs
¥400M¥62,5456.8%
Borrowing (local bonds)
New borrowing during the year
¥473M¥73,8728.1%
Donations
Including hometown tax (furusato nozei)
¥405M¥63,2986.9%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥570M¥88,9449.7%

Hometown tax (furusato nozei) donations received in FY2024: ¥351M

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
¥1.4B¥221,392¥224,28425.0%
General administration
Office management, tax collection, family registers, elections
¥997M¥155,703¥189,68217.6%
Education
Schools, libraries, community centers, sports facilities
¥799M¥124,823¥97,86814.1%
Public works
Roads, bridges, parks, sewers, public housing
¥556M¥86,823¥100,9189.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥481M¥75,129¥87,5228.5%
Debt service
Repayment of principal and interest on local bonds
¥456M¥71,201¥94,3998.0%
Fire & emergency¥266M¥41,528¥38,6874.7%
Disaster recovery¥252M¥39,403¥1,5424.4%
Agriculture, forestry & fisheries¥210M¥32,861¥62,1793.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥175M¥27,365¥26,8703.1%
Assembly¥59M¥9,242¥10,2151.0%

Welfare spending

Children
¥435M
Per resident ¥67,938 (median ¥67,708)
Elderly
¥335M
Per resident ¥52,301 (median ¥60,528)
Social welfare
¥648M
Per resident ¥101,153 (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 36.7% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.240.260.280.300.322015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

82%85%88%90%92%95%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

6,0006,5007,0007,5002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20246,403¥5.7B¥4.5B¥2.9B0.2993.2%—
FY20236,545¥6.9B¥4.5B¥2.8B0.2992.2%—
FY20226,661¥5.4B¥3.8B¥3.4B0.2989.7%—
FY20216,761¥5.6B¥3.8B¥3.4B0.3085.6%—
FY20206,853¥6.4B¥4.0B¥3.4B0.3189.8%—
FY20196,943¥5.9B¥3.9B¥3.5B0.3089.4%—
FY20187,054¥4.1B¥3.7B¥3.7B0.3090.9%—
FY20177,210¥4.5B¥3.8B¥3.7B0.3088.4%—
FY20167,310¥4.8B¥3.8B¥3.5B0.3088.6%—
FY20157,423¥4.8B¥3.9B¥3.4B0.3087.3%—

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)