Toyo Town finances

高知県東洋町の財政

Town Kochi Prefecture, Japan Population 2,059 Area 74.02 km² FY2024 settlement of accounts
Total spending
¥3.2B
Per resident ¥1,556,042
Local bonds outstanding
¥4.1B
Per resident ¥1,988,064
Reserve funds
¥972M
Per resident ¥472,090
Fiscal strength index
0.11
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.11
#1680 of 1718 in Japan · #34 of 34 in the prefecture (highest first)
Median of similar municipalities 0.18
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 ratioWorse than peers
92.5%
#990 of 1741 in Japan · #18 of 34 in the prefecture (lowest first)
Median of similar municipalities 86.2%
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
¥1,988,064
#1643 of 1741 in Japan · #28 of 34 in the prefecture (lowest first)
Median of similar municipalities ¥1,454,614
What this means

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

Reserve funds per residentWorse than peers
¥472,090
#496 of 1741 in Japan · #24 of 34 in the prefecture (highest first)
Median of similar municipalities ¥953,260
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
20.0%
#1656 of 1741 in Japan · #30 of 34 in the prefecture (highest first)
Median of similar municipalities 25.6%
What this means

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

Fiscal adjustment fund ratioWorse than peers
10.2%
#1576 of 1718 in Japan · #33 of 34 in the prefecture (highest first)
Median of similar municipalities 36.0%
What this means

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

Revenue ¥3.3B · per resident ¥1,606,120

Local taxes 4.9%Shared taxes and grants 3.1%Local allocation tax 55.8%National subsidies 8.4%Prefectural subsidies 5.6%Borrowing (local bonds) 7.0%Donations 2.3%Other 12.8%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥164M¥79,4264.9%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥104M¥50,4413.1%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥1.8B¥896,91755.8%
National subsidies
National treasury disbursements for specific programs
¥278M¥135,1578.4%
Prefectural subsidies
Prefectural disbursements for specific programs
¥186M¥90,2935.6%
Borrowing (local bonds)
New borrowing during the year
¥232M¥112,4707.0%
Donations
Including hometown tax (furusato nozei)
¥75M¥36,3302.3%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥422M¥205,08512.8%

Hometown tax (furusato nozei) donations received in FY2024: ¥74M

Spending by function per resident

This municipalityMedian of towns under 5,000 people (157)
FunctionAmountPer residentPeer medianShare
General administration
Office management, tax collection, family registers, elections
¥803M¥390,070¥342,22925.1%
Welfare
Elderly, children, people with disabilities, public assistance
¥639M¥310,247¥271,26319.9%
Debt service
Repayment of principal and interest on local bonds
¥480M¥233,354¥169,92515.0%
Public works
Roads, bridges, parks, sewers, public housing
¥348M¥168,967¥176,61210.9%
Health & sanitation
Health checks, vaccinations, waste disposal
¥255M¥123,935¥146,2938.0%
Fire & emergency¥249M¥120,821¥66,2417.8%
Education
Schools, libraries, community centers, sports facilities
¥184M¥89,281¥134,3775.7%
Agriculture, forestry & fisheries¥139M¥67,639¥136,1234.3%
Assembly¥47M¥22,896¥18,3731.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥36M¥17,683¥53,2311.1%
Disaster recovery¥23M¥11,150¥1430.7%

Welfare spending

Children
¥124M
Per resident ¥60,004 (median ¥67,342)
Elderly
¥278M
Per resident ¥134,810 (median ¥83,671)
Social welfare
¥238M
Per resident ¥115,433 (median ¥107,823)
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 36.9% 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

0.100.120.140.160.182015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

80%85%90%95%100%2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Population

2,0002,2002,4002,6002,8002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20242,059¥3.2B¥4.1B¥972M0.1192.5%—
FY20232,118¥3.2B¥4.3B¥1.1B0.1195.1%—
FY20222,183¥3.2B¥4.3B¥1.1B0.1294.7%—
FY20212,239¥3.8B¥4.5B¥947M0.1286.5%—
FY20202,307¥3.4B¥4.1B¥669M0.1393.3%—
FY20192,381¥3.0B¥4.0B¥603M0.1397.0%—
FY20182,450¥3.0B¥3.9B¥671M0.1297.6%—
FY20172,555¥2.8B¥3.8B¥782M0.1297.4%—
FY20162,627¥2.8B¥3.8B¥928M0.1295.5%—
FY20152,734¥2.8B¥3.9B¥952M0.1292.9%—

Similar-sized towns in Kochi Prefecture

All municipalities in Kochi 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)