Otoyo Town finances

高知県大豊町の財政

Town Kochi Prefecture, Japan Population 2,961 Area 315.06 km² FY2024 settlement of accounts
Total spending
¥6.0B
Per resident ¥2,015,170
Local bonds outstanding
¥5.5B
Per resident ¥1,853,376
Reserve funds
¥8.1B
Per resident ¥2,735,202
Fiscal strength index
0.18
Closer to 1.0 = more self-funded

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

Fiscal strength index
0.18
#1523 of 1718 in Japan · #22 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 ratioBetter than peers
77.6%
#60 of 1741 in Japan · #1 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
¥1,853,376
#1623 of 1741 in Japan · #27 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 residentBetter than peers
¥2,735,202
#41 of 1741 in Japan · #3 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
22.2%
#1595 of 1741 in Japan · #26 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
13.2%
#1449 of 1718 in Japan · #32 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 ¥6.3B · per resident ¥2,119,798

Local taxes 6.6%Shared taxes and grants 5.9%Local allocation tax 52.2%National subsidies 7.3%Prefectural subsidies 6.7%Borrowing (local bonds) 5.7%Donations 0.2%Other 15.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥412M¥139,0536.6%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥373M¥125,9815.9%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥3.3B¥1,106,33352.2%
National subsidies
National treasury disbursements for specific programs
¥456M¥153,8707.3%
Prefectural subsidies
Prefectural disbursements for specific programs
¥418M¥141,1546.7%
Borrowing (local bonds)
New borrowing during the year
¥360M¥121,6485.7%
Donations
Including hometown tax (furusato nozei)
¥12M¥3,8900.2%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥971M¥327,86815.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥8M

Spending by function per resident

This municipalityMedian of towns under 5,000 people (157)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥1.2B¥391,472¥271,26319.4%
Public works
Roads, bridges, parks, sewers, public housing
¥1.2B¥388,925¥176,61219.3%
General administration
Office management, tax collection, family registers, elections
¥1.1B¥372,678¥342,22918.5%
Debt service
Repayment of principal and interest on local bonds
¥866M¥292,549¥169,92514.5%
Agriculture, forestry & fisheries¥601M¥202,973¥136,12310.1%
Health & sanitation
Health checks, vaccinations, waste disposal
¥319M¥107,652¥146,2935.3%
Education
Schools, libraries, community centers, sports facilities
¥292M¥98,466¥134,3774.9%
Fire & emergency¥151M¥51,123¥66,2412.5%
Commerce & tourism
Business attraction, shopping streets, tourism
¥141M¥47,570¥53,2312.4%
Disaster recovery¥124M¥41,798¥1432.1%
Assembly¥59M¥19,961¥18,3731.0%

Welfare spending

Children
¥189M
Per resident ¥63,984 (median ¥67,342)
Elderly
¥468M
Per resident ¥158,041 (median ¥83,671)
Social welfare
¥502M
Per resident ¥169,447 (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 35.5% 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¥1.0M¥2.0M¥3.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.150.160.170.182015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

2,5003,0003,5004,0004,5002015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY20242,961¥6.0B¥5.5B¥8.1B0.1877.6%—
FY20233,095¥5.5B¥6.0B¥7.8B0.1767.4%—
FY20223,223¥6.0B¥6.1B¥7.1B0.1876.4%—
FY20213,342¥7.2B¥6.5B¥6.5B0.1765.4%—
FY20203,418¥6.7B¥5.6B¥5.4B0.1765.8%—
FY20193,543¥6.8B¥5.2B¥4.5B0.1567.6%—
FY20183,693¥5.8B¥4.3B¥4.3B0.1669.5%—
FY20173,817¥5.5B¥3.6B¥3.6B0.1669.7%—
FY20164,044¥4.9B¥3.1B¥2.9B0.1680.8%—
FY20154,199¥5.3B¥3.0B¥2.5B0.1680.1%—

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)