Wakasa Town finances

鳥取県若桜町の財政

Town Tottori Prefecture, Japan Population 2,671 Area 199.18 km² FY2024 settlement of accounts
Total spending
¥4.3B
Per resident ¥1,611,984
Local bonds outstanding
¥4.2B
Per resident ¥1,567,125
Reserve funds
¥1.9B
Per resident ¥698,392
Fiscal strength index
0.14
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.14
#1629 of 1718 in Japan · #19 of 19 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
95.8%
#1398 of 1741 in Japan · #16 of 19 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
¥1,567,125
#1569 of 1741 in Japan · #17 of 19 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
¥698,392
#346 of 1741 in Japan · #3 of 19 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 ratioWorse than peers
24.3%
#1529 of 1741 in Japan · #14 of 19 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 ratioBetter than peers
38.3%
#427 of 1718 in Japan · #6 of 19 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 ¥4.6B · per resident ¥1,739,474

Local taxes 5.8%Shared taxes and grants 3.3%Local allocation tax 47.5%National subsidies 8.4%Prefectural subsidies 8.3%Borrowing (local bonds) 8.2%Donations 2.4%Other 16.2%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥268M¥100,4605.8%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥153M¥57,1033.3%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.2B¥826,67947.5%
National subsidies
National treasury disbursements for specific programs
¥389M¥145,6388.4%
Prefectural subsidies
Prefectural disbursements for specific programs
¥386M¥144,4958.3%
Borrowing (local bonds)
New borrowing during the year
¥381M¥142,7018.2%
Donations
Including hometown tax (furusato nozei)
¥111M¥41,4152.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥751M¥280,98216.2%

Hometown tax (furusato nozei) donations received in FY2024: ¥109M

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
¥1.2B¥446,276¥342,22927.7%
Welfare
Elderly, children, people with disabilities, public assistance
¥793M¥296,919¥271,26318.4%
Agriculture, forestry & fisheries¥460M¥172,140¥136,12310.7%
Debt service
Repayment of principal and interest on local bonds
¥452M¥169,062¥169,92510.5%
Education
Schools, libraries, community centers, sports facilities
¥389M¥145,720¥134,3779.0%
Public works
Roads, bridges, parks, sewers, public housing
¥322M¥120,570¥176,6127.5%
Health & sanitation
Health checks, vaccinations, waste disposal
¥257M¥96,049¥146,2936.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥170M¥63,733¥53,2314.0%
Fire & emergency¥159M¥59,683¥66,2413.7%
Assembly¥57M¥21,255¥18,3731.3%
Disaster recovery¥55M¥20,576¥1431.3%

Welfare spending

Children
¥158M
Per resident ¥59,130 (median ¥67,342)
Elderly
¥212M
Per resident ¥79,462 (median ¥83,671)
Social welfare
¥369M
Per resident ¥138,011 (median ¥107,823)
Public assistance
¥54M
Per resident ¥20,315 (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 35.4% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥500K¥1.0M¥1.5M¥2.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥500K¥1.0M¥1.5M¥2.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.120.140.160.182015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

2,5002,7503,0003,2503,5003,7502015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20242,671¥4.3B¥4.2B¥1.9B0.1495.8%—
FY20232,766¥4.1B¥4.2B¥2.0B0.1391.9%—
FY20222,841¥3.7B¥4.2B¥2.2B0.1388.3%—
FY20212,941¥4.0B¥4.2B¥2.1B0.1384.2%—
FY20203,050¥4.2B¥4.1B¥1.8B0.1388.2%—
FY20193,134¥3.6B¥3.8B¥1.8B0.1388.5%—
FY20183,254¥3.5B¥3.7B¥1.9B0.1386.6%—
FY20173,345¥3.4B¥3.3B¥1.9B0.1384.9%—
FY20163,432¥3.5B¥3.2B¥2.0B0.1384.0%—
FY20153,505¥3.4B¥3.2B¥2.0B0.1381.3%—

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)