Okinoshima Town finances

島根県隠岐の島町の財政

Town Shimane Prefecture, Japan Population 13,036 Area 242.82 km² FY2024 settlement of accounts
Total spending
¥20.5B
Per resident ¥1,572,414
Local bonds outstanding
¥30.6B
Per resident ¥2,344,425
Reserve funds
¥3.4B
Per resident ¥257,172
Fiscal strength index
0.20
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.20
#1469 of 1718 in Japan · #9 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
87.4%
#439 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 residentWorse than peers
¥2,344,425
#1674 of 1741 in Japan · #14 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 residentWorse than peers
¥257,172
#861 of 1741 in Japan · #13 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
18.5%
#1687 of 1741 in Japan · #12 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 ratioWorse than peers
7.4%
#1657 of 1718 in Japan · #16 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 ¥20.8B · per resident ¥1,597,797

Local taxes 7.3%Shared taxes and grants 3.1%Local allocation tax 37.8%National subsidies 11.3%Prefectural subsidies 8.1%Borrowing (local bonds) 21.4%Donations 0.2%Other 10.9%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.5B¥116,8607.3%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥636M¥48,7523.1%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥7.9B¥603,67837.8%
National subsidies
National treasury disbursements for specific programs
¥2.3B¥179,99111.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.7B¥129,1348.1%
Borrowing (local bonds)
New borrowing during the year
¥4.4B¥341,14021.4%
Donations
Including hometown tax (furusato nozei)
¥43M¥3,2920.2%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.3B¥174,95010.9%

Hometown tax (furusato nozei) donations received in FY2024: ¥31M

Spending by function per resident

This municipalityMedian of towns with 10,000–20,000 people (245)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥4.7B¥360,655¥132,74422.9%
Welfare
Elderly, children, people with disabilities, public assistance
¥3.7B¥280,046¥196,56217.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥2.5B¥190,669¥56,49312.1%
Public works
Roads, bridges, parks, sewers, public housing
¥2.4B¥181,289¥64,17411.5%
Debt service
Repayment of principal and interest on local bonds
¥2.4B¥180,832¥57,44211.5%
Education
Schools, libraries, community centers, sports facilities
¥1.8B¥141,574¥74,0909.0%
Agriculture, forestry & fisheries¥1.1B¥87,669¥30,7255.6%
Commerce & tourism
Business attraction, shopping streets, tourism
¥823M¥63,127¥16,8594.0%
Fire & emergency¥708M¥54,276¥27,8483.5%
Disaster recovery¥299M¥22,972¥5311.5%
Assembly¥95M¥7,296¥6,6360.5%
Labor¥26M¥2,008¥930.1%

Welfare spending

Children
¥1.1B
Per resident ¥84,505 (median ¥68,686)
Elderly
¥1.1B
Per resident ¥82,981 (median ¥47,975)
Social welfare
¥1.3B
Per resident ¥96,884 (median ¥75,979)
Public assistance
¥204M
Per resident ¥15,676 (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 32.1% 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

0.150.200.250.300.350.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

13K14K14K14K15K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202413,036¥20.5B¥30.6B¥3.4B0.2087.4%—
FY202313,347¥17.8B¥28.1B¥4.2B0.1989.4%—
FY202213,551¥18.6B¥29.2B¥5.1B0.2088.7%—
FY202113,725¥17.7B¥28.4B¥5.1B0.2086.1%—
FY202013,866¥19.6B¥27.5B¥4.7B0.2089.0%—
FY201914,040¥17.6B¥25.4B¥5.2B0.1989.3%—
FY201814,307¥15.8B¥23.1B¥5.5B0.1988.5%—
FY201714,504¥16.9B¥22.4B¥5.5B0.1988.6%—
FY201614,694¥15.0B¥21.5B¥5.6B0.1988.7%—
FY201514,792¥14.6B¥22.2B¥5.6B0.1987.1%—

Similar-sized towns in Shimane Prefecture

All municipalities in Shimane 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)