Taiji Town finances

和歌山県太地町の財政

Town Wakayama Prefecture, Japan Population 2,834 Area 5.81 km² FY2024 settlement of accounts
Total spending
¥3.4B
Per resident ¥1,213,287
Local bonds outstanding
¥5.9B
Per resident ¥2,076,884
Reserve funds
¥1.6B
Per resident ¥558,470
Fiscal strength index
0.15
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.15
#1596 of 1718 in Japan · #29 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
99.8%
#1698 of 1741 in Japan · #27 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
¥2,076,884
#1652 of 1741 in Japan · #28 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 residentWorse than peers
¥558,470
#416 of 1741 in Japan · #9 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 ratio
26.4%
#1449 of 1741 in Japan · #24 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 ratioWorse than peers
28.2%
#720 of 1718 in Japan · #20 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 ¥3.6B · per resident ¥1,258,565

Local taxes 5.9%Shared taxes and grants 2.9%Local allocation tax 43.8%National subsidies 6.9%Prefectural subsidies 3.5%Borrowing (local bonds) 16.5%Donations 5.1%Other 15.4%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥210M¥74,2575.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥102M¥35,8712.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥1.6B¥551,51843.8%
National subsidies
National treasury disbursements for specific programs
¥245M¥86,4946.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥126M¥44,4953.5%
Borrowing (local bonds)
New borrowing during the year
¥588M¥207,62216.5%
Donations
Including hometown tax (furusato nozei)
¥182M¥64,2135.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥550M¥194,09415.4%

Hometown tax (furusato nozei) donations received in FY2024: ¥122M

Spending by function per resident

This municipalityMedian of towns under 5,000 people (157)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥1.0B¥356,704¥342,22929.4%
Welfare
Elderly, children, people with disabilities, public assistance
¥760M¥268,299¥271,26322.1%
Debt service
Repayment of principal and interest on local bonds
¥508M¥179,257¥169,92514.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥323M¥113,900¥146,2939.4%
Public works
Roads, bridges, parks, sewers, public housing
¥285M¥100,727¥176,6128.3%
Education
Schools, libraries, community centers, sports facilities
¥190M¥67,119¥134,3775.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥142M¥50,010¥53,2314.1%
Fire & emergency¥83M¥29,235¥66,2412.4%
Agriculture, forestry & fisheries¥76M¥26,989¥136,1232.2%
Assembly¥60M¥21,036¥18,3731.7%
Labor¥35,000¥12¥260.0%

Welfare spending

Children
¥168M
Per resident ¥59,228 (median ¥67,342)
Elderly
¥183M
Per resident ¥64,582 (median ¥83,671)
Social welfare
¥409M
Per resident ¥144,489 (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 40.7% 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¥500K¥1.0M¥1.5M¥2.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.140.160.180.202015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

2,8003,0003,2003,4002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20242,834¥3.4B¥5.9B¥1.6B0.1599.8%—
FY20232,844¥4.1B¥5.8B¥1.6B0.1599.0%—
FY20222,891¥4.1B¥5.2B¥1.6B0.1697.1%—
FY20212,939¥3.5B¥4.7B¥1.6B0.1790.7%—
FY20203,005¥3.7B¥4.4B¥1.5B0.1894.8%—
FY20193,066¥3.0B¥3.9B¥1.4B0.1897.9%—
FY20183,127¥2.5B¥3.3B¥1.5B0.1995.2%—
FY20173,194¥3.0B¥3.1B¥1.5B0.2089.2%—
FY20163,266¥2.4B¥2.5B¥1.6B0.2090.6%—
FY20153,291¥2.5B¥2.5B¥1.6B0.2086.3%—

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)