Miki Town finances

香川県三木町の財政

Town Kagawa Prefecture, Japan Population 26,877 Area 75.78 km² FY2024 settlement of accounts
Total spending
¥14.5B
Per resident ¥539,384
Local bonds outstanding
¥8.4B
Per resident ¥311,663
Reserve funds
¥4.7B
Per resident ¥175,945
Fiscal strength index
0.53
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.53
#665 of 1718 in Japan · #7 of 17 in the prefecture (highest first)
Median of similar municipalities 0.63
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
91.4%
#857 of 1741 in Japan · #9 of 17 in the prefecture (lowest first)
Median of similar municipalities 91.1%
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 resident
¥311,663
#381 of 1741 in Japan · #3 of 17 in the prefecture (lowest first)
Median of similar municipalities ¥303,943
What this means

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

Reserve funds per residentBetter than peers
¥175,945
#1110 of 1741 in Japan · #11 of 17 in the prefecture (highest first)
Median of similar municipalities ¥135,471
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
41.6%
#642 of 1741 in Japan · #9 of 17 in the prefecture (highest first)
Median of similar municipalities 45.0%
What this means

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

Fiscal adjustment fund ratioBetter than peers
24.9%
#847 of 1718 in Japan · #11 of 17 in the prefecture (highest first)
Median of similar municipalities 22.5%
What this means

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

Revenue ¥15.1B · per resident ¥561,657

Local taxes 18.4%Shared taxes and grants 7.2%Local allocation tax 19.7%National subsidies 13.3%Prefectural subsidies 7.2%Borrowing (local bonds) 11.0%Donations 1.3%Other 21.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥2.8B¥103,43818.4%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥1.1B¥40,5167.2%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.0B¥110,74219.7%
National subsidies
National treasury disbursements for specific programs
¥2.0B¥74,81713.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥1.1B¥40,2097.2%
Borrowing (local bonds)
New borrowing during the year
¥1.7B¥61,98211.0%
Donations
Including hometown tax (furusato nozei)
¥195M¥7,2421.3%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥3.3B¥122,71121.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥174M

Spending by function per resident

This municipalityMedian of towns with 20,000+ people (131)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥4.7B¥174,711¥168,25832.4%
Education
Schools, libraries, community centers, sports facilities
¥3.6B¥134,684¥56,48125.0%
General administration
Office management, tax collection, family registers, elections
¥2.6B¥97,162¥66,27318.0%
Health & sanitation
Health checks, vaccinations, waste disposal
¥905M¥33,679¥35,8346.2%
Debt service
Repayment of principal and interest on local bonds
¥792M¥29,480¥30,1655.5%
Agriculture, forestry & fisheries¥588M¥21,886¥7,5084.1%
Fire & emergency¥488M¥18,165¥17,4743.4%
Public works
Roads, bridges, parks, sewers, public housing
¥487M¥18,129¥40,6733.4%
Commerce & tourism
Business attraction, shopping streets, tourism
¥155M¥5,764¥5,7691.1%
Assembly¥123M¥4,559¥3,8460.8%
Disaster recovery¥18M¥679¥00.1%
Labor¥13M¥484¥2190.1%

Welfare spending

Children
¥2.1B
Per resident ¥77,212 (median ¥73,617)
Elderly
¥999M
Per resident ¥37,177 (median ¥33,074)
Social welfare
¥1.6B
Per resident ¥60,322 (median ¥61,434)
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 38.4% of spending.

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds
¥0¥100K¥200K¥300K¥400K2015201620172018201920202021202220232024Debt per residentReserves per resident

Spending per resident

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

Fiscal strength index

0.500.550.600.650.702015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

26K27K28K28K28K29K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202426,877¥14.5B¥8.4B¥4.7B0.5391.4%—
FY202327,096¥12.5B¥7.5B¥5.4B0.5388.5%—
FY202227,310¥13.1B¥7.7B¥5.6B0.5488.5%—
FY202127,432¥13.2B¥8.0B¥5.2B0.5583.3%—
FY202027,715¥15.3B¥8.0B¥4.4B0.5688.5%—
FY201928,080¥10.5B¥7.4B¥4.0B0.5686.3%—
FY201828,331¥12.2B¥7.4B¥4.0B0.5689.2%—
FY201728,469¥12.6B¥7.4B¥4.0B0.5689.6%—
FY201628,604¥11.1B¥6.7B¥4.0B0.5686.9%—
FY201528,632¥10.5B¥6.8B¥3.9B0.5481.1%—

Similar-sized towns in Kagawa Prefecture

All municipalities in Kagawa 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)