Nagi Town finances

岡山県奈義町の財政

Town Okayama Prefecture, Japan Population 5,515 Area 69.52 km² FY2024 settlement of accounts
Total spending
¥6.3B
Per resident ¥1,143,963
Local bonds outstanding
¥5.5B
Per resident ¥1,003,943
Reserve funds
¥5.4B
Per resident ¥975,472
Fiscal strength index
0.30
Closer to 1.0 = more self-funded

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

Fiscal strength indexBetter than peers
0.30
#1181 of 1718 in Japan · #17 of 27 in the prefecture (highest first)
Median of similar municipalities 0.27
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
86.7%
#383 of 1741 in Japan · #5 of 27 in the prefecture (lowest first)
Median of similar municipalities 89.1%
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
¥1,003,943
#1364 of 1741 in Japan · #21 of 27 in the prefecture (lowest first)
Median of similar municipalities ¥858,549
What this means

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

Reserve funds per residentBetter than peers
¥975,472
#236 of 1741 in Japan · #3 of 27 in the prefecture (highest first)
Median of similar municipalities ¥465,414
What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratioBetter than peers
34.4%
#1011 of 1741 in Japan · #14 of 27 in the prefecture (highest first)
Median of similar municipalities 30.5%
What this means

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

Fiscal adjustment fund ratioBetter than peers
53.3%
#228 of 1718 in Japan · #7 of 27 in the prefecture (highest first)
Median of similar municipalities 31.1%
What this means

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

Revenue ¥7.0B · per resident ¥1,261,095

Local taxes 11.5%Shared taxes and grants 5.2%Local allocation tax 32.9%National subsidies 11.9%Prefectural subsidies 4.0%Borrowing (local bonds) 11.6%Donations 3.1%Other 19.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥796M¥144,41511.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥362M¥65,6895.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥2.3B¥415,35032.9%
National subsidies
National treasury disbursements for specific programs
¥828M¥150,10111.9%
Prefectural subsidies
Prefectural disbursements for specific programs
¥278M¥50,3204.0%
Borrowing (local bonds)
New borrowing during the year
¥806M¥146,07411.6%
Donations
Including hometown tax (furusato nozei)
¥218M¥39,4463.1%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥1.4B¥249,70019.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥209M

Spending by function per resident

This municipalityMedian of towns with 5,000–10,000 people (210)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥1.8B¥317,351¥189,68227.7%
Education
Schools, libraries, community centers, sports facilities
¥1.5B¥267,374¥97,86823.4%
Welfare
Elderly, children, people with disabilities, public assistance
¥933M¥169,132¥224,28414.8%
Public works
Roads, bridges, parks, sewers, public housing
¥557M¥101,046¥100,9188.8%
Debt service
Repayment of principal and interest on local bonds
¥531M¥96,288¥94,3998.4%
Agriculture, forestry & fisheries¥426M¥77,313¥62,1796.8%
Health & sanitation
Health checks, vaccinations, waste disposal
¥326M¥59,100¥87,5225.2%
Fire & emergency¥128M¥23,273¥38,6872.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥110M¥19,977¥26,8701.7%
Assembly¥64M¥11,602¥10,2151.0%
Disaster recovery¥5M¥963¥1,5420.1%
Labor¥3M¥544¥10.0%

Welfare spending

Children
¥226M
Per resident ¥40,961 (median ¥67,708)
Elderly
¥324M
Per resident ¥58,724 (median ¥60,528)
Social welfare
¥383M
Per resident ¥69,448 (median ¥89,723)
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 31.0% of spending.

Ten-year trends

Debt and reserves per resident

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

Spending per resident

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

Fiscal strength index

0.240.260.280.300.322015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

60%70%80%90%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

5,4005,6005,8006,0006,2006,4002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20245,515¥6.3B¥5.5B¥5.4B0.3086.7%—
FY20235,735¥7.6B¥5.2B¥5.5B0.3083.4%—
FY20225,765¥6.2B¥4.3B¥5.5B0.3083.0%—
FY20215,768¥5.2B¥3.6B¥5.5B0.3281.2%—
FY20205,828¥5.6B¥3.8B¥5.5B0.3290.0%—
FY20195,851¥4.5B¥3.7B¥5.2B0.3183.2%—
FY20185,901¥4.3B¥3.8B¥4.4B0.2976.3%—
FY20176,118¥4.6B¥3.6B¥4.2B0.2976.4%—
FY20166,163¥4.5B¥3.4B¥4.0B0.2970.6%—
FY20156,224¥4.9B¥3.5B¥3.8B0.2869.1%—

Similar-sized towns in Okayama Prefecture

All municipalities in Okayama 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)