Iwakuni City finances

山口県岩国市の財政

City Yamaguchi Prefecture, Japan Population 124,568 Area 873.67 km² FY2024 settlement of accounts
Total spending
¥78.9B
Per resident ¥633,526
Local bonds outstanding
¥60.4B
Per resident ¥484,545
Reserve funds
¥29.7B
Per resident ¥238,524
Fiscal strength index
0.54
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.54
#649 of 1718 in Japan · #9 of 19 in the prefecture (highest first)
Median of similar municipalities 0.74
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
93.5%
#1119 of 1741 in Japan · #6 of 19 in the prefecture (lowest first)
Median of similar municipalities 93.8%
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
¥484,545
#770 of 1741 in Japan · #7 of 19 in the prefecture (lowest first)
Median of similar municipalities ¥314,264
What this means

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

Reserve funds per residentBetter than peers
¥238,524
#926 of 1741 in Japan · #7 of 19 in the prefecture (highest first)
Median of similar municipalities ¥104,054
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
32.7%
#1098 of 1741 in Japan · #12 of 19 in the prefecture (highest first)
Median of similar municipalities 46.5%
What this means

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

Fiscal adjustment fund ratioBetter than peers
25.6%
#820 of 1718 in Japan · #7 of 19 in the prefecture (highest first)
Median of similar municipalities 15.8%
What this means

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

Revenue ¥81.8B · per resident ¥656,764

Local taxes 22.8%Shared taxes and grants 9.8%Local allocation tax 21.6%National subsidies 20.3%Prefectural subsidies 5.8%Borrowing (local bonds) 9.8%Donations 0.4%Other 9.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥18.7B¥149,98822.8%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥8.0B¥64,5609.8%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥17.7B¥141,73721.6%
National subsidies
National treasury disbursements for specific programs
¥16.6B¥133,33420.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥4.7B¥37,7705.8%
Borrowing (local bonds)
New borrowing during the year
¥8.1B¥64,6379.8%
Donations
Including hometown tax (furusato nozei)
¥314M¥2,5240.4%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥7.7B¥62,2139.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥175M

Spending by function per resident

This municipalityMedian of cities with 100,000–200,000 people (144)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥26.0B¥208,369¥195,91432.9%
Public works
Roads, bridges, parks, sewers, public housing
¥11.4B¥91,319¥42,54914.4%
General administration
Office management, tax collection, family registers, elections
¥11.3B¥90,438¥58,20714.3%
Education
Schools, libraries, community centers, sports facilities
¥10.6B¥85,248¥56,52713.5%
Health & sanitation
Health checks, vaccinations, waste disposal
¥6.4B¥51,432¥37,8578.1%
Debt service
Repayment of principal and interest on local bonds
¥5.7B¥45,601¥33,4737.2%
Fire & emergency¥2.7B¥21,491¥15,3083.4%
Agriculture, forestry & fisheries¥2.0B¥15,938¥5,8152.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥1.7B¥13,936¥8,2832.2%
Disaster recovery¥803M¥6,444¥251.0%
Assembly¥356M¥2,855¥2,5010.5%
Labor¥57M¥455¥5670.1%

Welfare spending

Children
¥9.6B
Per resident ¥76,666 (median ¥77,291)
Elderly
¥6.0B
Per resident ¥48,435 (median ¥33,275)
Social welfare
¥7.8B
Per resident ¥62,894 (median ¥62,541)
Public assistance
¥2.5B
Per resident ¥20,364 (median ¥20,478)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 42.6% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥200K¥400K¥600K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

¥0¥200K¥400K¥600K¥800K2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.500.600.700.802015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

88%90%92%94%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

120K125K130K135K140K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY2024124,568¥78.9B¥60.4B¥29.7B0.5493.5%—
FY2023126,812¥74.2B¥57.8B¥25.5B0.5492.1%—
FY2022128,609¥69.1B¥59.1B¥23.1B0.5692.9%—
FY2021130,340¥71.5B¥62.6B¥20.6B0.5690.2%—
FY2020132,187¥87.8B¥63.4B¥19.1B0.5892.9%—
FY2019133,626¥69.7B¥61.1B¥19.8B0.5892.2%—
FY2018135,342¥81.1B¥59.5B¥18.7B0.5892.1%—
FY2017136,748¥72.7B¥54.2B¥18.3B0.5891.6%—
FY2016138,394¥71.9B¥51.8B¥17.5B0.5892.5%—
FY2015139,986¥68.7B¥53.6B¥16.8B0.5989.6%—

Similar-sized cities in Yamaguchi Prefecture

All municipalities in Yamaguchi 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)