Iwami Town finances

鳥取県岩美町の財政

Town Tottori Prefecture, Japan Population 10,769 Area 122.31 km² FY2024 settlement of accounts
Total spending
¥7.7B
Per resident ¥711,183
Local bonds outstanding
¥6.2B
Per resident ¥578,810
Reserve funds
¥3.7B
Per resident ¥339,290
Fiscal strength index
0.26
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.26
#1297 of 1718 in Japan · #12 of 19 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
87.3%
#430 of 1741 in Japan · #3 of 19 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 resident
¥578,810
#958 of 1741 in Japan · #6 of 19 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
¥339,290
#684 of 1741 in Japan · #11 of 19 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
20.9%
#1628 of 1741 in Japan · #16 of 19 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 ratio
29.5%
#671 of 1718 in Japan · #11 of 19 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 ¥7.8B · per resident ¥726,621

Local taxes 13.2%Shared taxes and grants 5.3%Local allocation tax 48.0%National subsidies 11.8%Prefectural subsidies 9.0%Borrowing (local bonds) 5.0%Donations 1.4%Other 6.4%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.0B¥95,86413.2%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥415M¥38,5445.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.8B¥348,81148.0%
National subsidies
National treasury disbursements for specific programs
¥922M¥85,62611.8%
Prefectural subsidies
Prefectural disbursements for specific programs
¥706M¥65,5979.0%
Borrowing (local bonds)
New borrowing during the year
¥388M¥36,0195.0%
Donations
Including hometown tax (furusato nozei)
¥107M¥9,9011.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥498M¥46,2596.4%

Hometown tax (furusato nozei) donations received in FY2024: ¥105M

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
¥2.5B¥228,039¥196,56232.1%
General administration
Office management, tax collection, family registers, elections
¥1.4B¥127,278¥132,74417.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥852M¥79,104¥56,49311.1%
Debt service
Repayment of principal and interest on local bonds
¥717M¥66,598¥57,4429.4%
Public works
Roads, bridges, parks, sewers, public housing
¥693M¥64,352¥64,1749.0%
Education
Schools, libraries, community centers, sports facilities
¥651M¥60,460¥74,0908.5%
Agriculture, forestry & fisheries¥375M¥34,787¥30,7254.9%
Fire & emergency¥234M¥21,720¥27,8483.1%
Commerce & tourism
Business attraction, shopping streets, tourism
¥226M¥21,005¥16,8593.0%
Assembly¥84M¥7,788¥6,6361.1%
Disaster recovery¥562,000¥52¥5310.0%

Welfare spending

Children
¥817M
Per resident ¥75,896 (median ¥68,686)
Elderly
¥519M
Per resident ¥48,222 (median ¥47,975)
Social welfare
¥950M
Per resident ¥88,195 (median ¥75,979)
Public assistance
¥169M
Per resident ¥15,717 (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 45.6% 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¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.250.300.350.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

82%84%86%88%90%92%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

10K11K12K12K12K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202410,769¥7.7B¥6.2B¥3.7B0.2687.3%—
FY202310,903¥7.6B¥6.5B¥3.5B0.2688.8%—
FY202211,000¥7.3B¥7.1B¥3.6B0.2685.2%—
FY202111,145¥7.7B¥7.4B¥3.2B0.2683.1%—
FY202011,278¥8.2B¥7.3B¥2.7B0.2784.4%—
FY201911,460¥7.3B¥7.4B¥2.4B0.2787.3%—
FY201811,638¥7.0B¥7.2B¥2.5B0.2886.8%—
FY201711,797¥7.4B¥7.0B¥2.6B0.2887.9%—
FY201611,891¥6.7B¥6.7B¥2.8B0.2789.9%—
FY201512,023¥6.8B¥6.8B¥3.0B0.2787.4%—

Similar-sized towns in Tottori Prefecture

All municipalities in Tottori 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)