Kibichuo Town finances

岡山県吉備中央町の財政

Town Okayama Prefecture, Japan Population 10,195 Area 268.78 km² FY2024 settlement of accounts
Total spending
¥11.3B
Per resident ¥1,106,212
Local bonds outstanding
¥8.0B
Per resident ¥780,337
Reserve funds
¥4.4B
Per resident ¥431,879
Fiscal strength index
0.28
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.28
#1234 of 1718 in Japan · #22 of 27 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
86.8%
#389 of 1741 in Japan · #6 of 27 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
¥780,337
#1219 of 1741 in Japan · #17 of 27 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
¥431,879
#547 of 1741 in Japan · #11 of 27 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 ratioBetter than peers
39.1%
#776 of 1741 in Japan · #8 of 27 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 ratioBetter than peers
39.7%
#407 of 1718 in Japan · #18 of 27 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 ¥11.9B · per resident ¥1,165,570

Local taxes 11.5%Shared taxes and grants 5.0%Local allocation tax 35.6%National subsidies 8.6%Prefectural subsidies 7.4%Borrowing (local bonds) 4.4%Donations 9.4%Other 18.1%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥1.4B¥134,55311.5%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥592M¥58,0655.0%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥4.2B¥414,80735.6%
National subsidies
National treasury disbursements for specific programs
¥1.0B¥99,8158.6%
Prefectural subsidies
Prefectural disbursements for specific programs
¥879M¥86,2017.4%
Borrowing (local bonds)
New borrowing during the year
¥523M¥51,2644.4%
Donations
Including hometown tax (furusato nozei)
¥1.1B¥109,9379.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥2.2B¥210,92818.1%

Hometown tax (furusato nozei) donations received in FY2024: ¥1.1B

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
¥2.8B¥270,175¥196,56224.4%
General administration
Office management, tax collection, family registers, elections
¥2.7B¥267,183¥132,74424.2%
Agriculture, forestry & fisheries¥1.3B¥127,470¥30,72511.5%
Education
Schools, libraries, community centers, sports facilities
¥1.1B¥112,692¥74,09010.2%
Health & sanitation
Health checks, vaccinations, waste disposal
¥1.0B¥102,272¥56,4939.2%
Debt service
Repayment of principal and interest on local bonds
¥917M¥89,910¥57,4428.1%
Public works
Roads, bridges, parks, sewers, public housing
¥612M¥60,071¥64,1745.4%
Fire & emergency¥322M¥31,603¥27,8482.9%
Commerce & tourism
Business attraction, shopping streets, tourism
¥322M¥31,568¥16,8592.9%
Assembly¥83M¥8,153¥6,6360.7%
Disaster recovery¥49M¥4,795¥5310.4%
Labor¥3M¥320¥930.0%

Welfare spending

Children
¥1.1B
Per resident ¥104,210 (median ¥68,686)
Elderly
¥677M
Per resident ¥66,411 (median ¥47,975)
Social welfare
¥1.0B
Per resident ¥99,554 (median ¥75,979)
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 31.6% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.250.300.350.402015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

75%80%85%90%95%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

10K11K12K13K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202410,195¥11.3B¥8.0B¥4.4B0.2886.8%—
FY202310,347¥11.9B¥8.3B¥4.6B0.2888.6%—
FY202210,507¥11.2B¥8.3B¥5.0B0.2889.3%—
FY202110,680¥11.3B¥8.8B¥4.4B0.2879.0%—
FY202010,926¥12.2B¥9.1B¥3.9B0.2983.3%—
FY201911,195¥10.4B¥9.2B¥3.8B0.2884.8%—
FY201811,531¥9.5B¥9.2B¥3.7B0.2886.5%—
FY201711,837¥9.2B¥9.6B¥3.6B0.2685.1%—
FY201612,133¥9.4B¥10.0B¥3.6B0.2585.8%—
FY201512,267¥8.9B¥10.6B¥3.3B0.2585.2%—

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)