Inami Town finances

和歌山県印南町の財政

Town Wakayama Prefecture, Japan Population 7,636 Area 113.62 km² FY2024 settlement of accounts
Total spending
¥7.7B
Per resident ¥1,007,033
Local bonds outstanding
¥8.5B
Per resident ¥1,116,409
Reserve funds
¥10.1B
Per resident ¥1,328,168
Fiscal strength index
0.33
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.33
#1114 of 1718 in Japan · #14 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 ratioBetter than peers
77.7%
#65 of 1741 in Japan · #1 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
¥1,116,409
#1427 of 1741 in Japan · #26 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 residentBetter than peers
¥1,328,168
#149 of 1741 in Japan · #4 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
27.4%
#1404 of 1741 in Japan · #22 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 ratioBetter than peers
77.0%
#97 of 1718 in Japan · #3 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 ¥7.9B · per resident ¥1,036,415

Local taxes 12.6%Shared taxes and grants 4.8%Local allocation tax 32.8%National subsidies 15.8%Prefectural subsidies 6.8%Borrowing (local bonds) 12.4%Donations 4.4%Other 10.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥995M¥130,33512.6%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥383M¥50,1524.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.6B¥339,43432.8%
National subsidies
National treasury disbursements for specific programs
¥1.3B¥164,27015.8%
Prefectural subsidies
Prefectural disbursements for specific programs
¥536M¥70,2366.8%
Borrowing (local bonds)
New borrowing during the year
¥978M¥128,13012.4%
Donations
Including hometown tax (furusato nozei)
¥346M¥45,3304.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥829M¥108,52810.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥344M

Spending by function per resident

This municipalityMedian of towns with 5,000–10,000 people (210)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥2.0B¥266,094¥189,68226.4%
Welfare
Elderly, children, people with disabilities, public assistance
¥1.5B¥202,390¥224,28420.1%
Education
Schools, libraries, community centers, sports facilities
¥1.2B¥153,554¥97,86815.2%
Public works
Roads, bridges, parks, sewers, public housing
¥802M¥104,975¥100,91810.4%
Debt service
Repayment of principal and interest on local bonds
¥686M¥89,788¥94,3998.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥582M¥76,241¥87,5227.6%
Agriculture, forestry & fisheries¥491M¥64,290¥62,1796.4%
Fire & emergency¥256M¥33,556¥38,6873.3%
Assembly¥70M¥9,232¥10,2150.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥42M¥5,483¥26,8700.5%
Disaster recovery¥11M¥1,432¥1,5420.1%

Welfare spending

Children
¥438M
Per resident ¥57,413 (median ¥67,708)
Elderly
¥421M
Per resident ¥55,188 (median ¥60,528)
Social welfare
¥686M
Per resident ¥89,789 (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 27.4% 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

0.250.280.300.330.352015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

70%75%80%85%90%95%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

7,5007,7508,0008,2508,5008,7502015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20247,636¥7.7B¥8.5B¥10.1B0.3377.7%—
FY20237,757¥7.6B¥8.2B¥9.5B0.3278.0%—
FY20227,915¥6.8B¥7.3B¥8.9B0.3275.8%—
FY20218,007¥6.8B¥7.2B¥8.2B0.3372.2%—
FY20208,112¥7.0B¥7.2B¥7.4B0.3473.6%—
FY20198,212¥5.8B¥7.2B¥7.1B0.3376.7%—
FY20188,322¥5.6B¥7.1B¥6.8B0.3378.2%—
FY20178,395¥5.4B¥7.1B¥6.6B0.3377.4%—
FY20168,521¥6.3B¥7.1B¥6.1B0.3278.9%—
FY20158,626¥5.9B¥6.4B¥6.0B0.3176.3%—

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)