Minabe Town finances

和歌山県みなべ町の財政

Town Wakayama Prefecture, Japan Population 11,516 Area 120.28 km² FY2024 settlement of accounts
Total spending
¥9.1B
Per resident ¥786,926
Local bonds outstanding
¥9.3B
Per resident ¥811,242
Reserve funds
¥7.0B
Per resident ¥608,158
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 indexWorse than peers
0.33
#1114 of 1718 in Japan · #14 of 30 in the prefecture (highest first)
Median of similar municipalities 0.38
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
94.2%
#1234 of 1741 in Japan · #16 of 30 in the prefecture (lowest first)
Median of similar municipalities 90.0%
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 residentWorse than peers
¥811,242
#1245 of 1741 in Japan · #18 of 30 in the prefecture (lowest first)
Median of similar municipalities ¥554,217
What this means

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

Reserve funds per residentBetter than peers
¥608,158
#393 of 1741 in Japan · #8 of 30 in the prefecture (highest first)
Median of similar municipalities ¥293,873
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
32.2%
#1128 of 1741 in Japan · #15 of 30 in the prefecture (highest first)
Median of similar municipalities 35.3%
What this means

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

Fiscal adjustment fund ratioBetter than peers
32.8%
#563 of 1718 in Japan · #17 of 30 in the prefecture (highest first)
Median of similar municipalities 30.4%
What this means

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

Revenue ¥9.8B · per resident ¥849,078

Local taxes 15.0%Shared taxes and grants 5.4%Local allocation tax 39.0%National subsidies 11.4%Prefectural subsidies 7.1%Borrowing (local bonds) 5.0%Donations 3.0%Other 14.2%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.5B¥127,11715.0%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥532M¥46,2065.4%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.8B¥330,73439.0%
National subsidies
National treasury disbursements for specific programs
¥1.1B¥96,67711.4%
Prefectural subsidies
Prefectural disbursements for specific programs
¥690M¥59,9487.1%
Borrowing (local bonds)
New borrowing during the year
¥489M¥42,4385.0%
Donations
Including hometown tax (furusato nozei)
¥292M¥25,3203.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.4B¥120,63814.2%

Hometown tax (furusato nozei) donations received in FY2024: ¥276M

Spending by function per resident

This municipalityMedian of towns with 10,000–20,000 people (245)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥2.3B¥202,990¥196,56225.8%
General administration
Office management, tax collection, family registers, elections
¥1.4B¥119,957¥132,74415.2%
Debt service
Repayment of principal and interest on local bonds
¥1.1B¥99,462¥57,44212.6%
Education
Schools, libraries, community centers, sports facilities
¥1.1B¥94,909¥74,09012.1%
Public works
Roads, bridges, parks, sewers, public housing
¥1.1B¥93,674¥64,17411.9%
Agriculture, forestry & fisheries¥654M¥56,777¥30,7257.2%
Health & sanitation
Health checks, vaccinations, waste disposal
¥606M¥52,664¥56,4936.7%
Fire & emergency¥429M¥37,245¥27,8484.7%
Disaster recovery¥155M¥13,424¥5311.7%
Commerce & tourism
Business attraction, shopping streets, tourism
¥110M¥9,584¥16,8591.2%
Assembly¥72M¥6,240¥6,6360.8%

Welfare spending

Children
¥762M
Per resident ¥66,151 (median ¥68,686)
Elderly
¥511M
Per resident ¥44,381 (median ¥47,975)
Social welfare
¥1.1B
Per resident ¥92,438 (median ¥75,979)
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 39.8% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.280.300.330.350.380.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

12K12K12K13K14K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202411,516¥9.1B¥9.3B¥7.0B0.3394.2%—
FY202311,767¥8.7B¥10.0B¥6.7B0.3391.7%—
FY202211,988¥8.9B¥10.4B¥6.4B0.3386.7%—
FY202112,116¥9.4B¥10.8B¥5.9B0.3283.7%—
FY202012,328¥10.8B¥10.3B¥5.7B0.3291.1%—
FY201912,585¥8.5B¥9.7B¥5.6B0.3191.4%—
FY201812,804¥9.2B¥9.9B¥5.6B0.3088.7%—
FY201713,035¥9.0B¥9.9B¥5.5B0.3091.9%—
FY201613,280¥8.6B¥10.3B¥5.2B0.3189.5%—
FY201513,422¥8.8B¥11.2B¥5.0B0.3186.2%—

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)