Miyakojima City finances

沖縄県宮古島市の財政

City Okinawa Prefecture, Japan Population 55,656 Area 203.90 km² FY2024 settlement of accounts
Total spending
¥45.1B
Per resident ¥810,717
Local bonds outstanding
¥36.0B
Per resident ¥646,361
Reserve funds
¥13.6B
Per resident ¥243,977
Fiscal strength index
0.39
Closer to 1.0 = more self-funded

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

Fiscal strength indexWorse than peers
0.39
#956 of 1718 in Japan · #20 of 41 in the prefecture (highest first)
Median of similar municipalities 0.64
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
97.6%
#1559 of 1741 in Japan · #40 of 41 in the prefecture (lowest first)
Median of similar municipalities 94.0%
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
¥646,361
#1063 of 1741 in Japan · #25 of 41 in the prefecture (lowest first)
Median of similar municipalities ¥382,998
What this means

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

Reserve funds per residentBetter than peers
¥243,977
#902 of 1741 in Japan · #22 of 41 in the prefecture (highest first)
Median of similar municipalities ¥126,853
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
31.6%
#1152 of 1741 in Japan · #21 of 41 in the prefecture (highest first)
Median of similar municipalities 43.4%
What this means

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

Fiscal adjustment fund ratioBetter than peers
42.6%
#353 of 1718 in Japan · #17 of 41 in the prefecture (highest first)
Median of similar municipalities 18.8%
What this means

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

Revenue ¥46.2B · per resident ¥830,973

Local taxes 16.1%Shared taxes and grants 5.0%Local allocation tax 25.8%National subsidies 19.0%Prefectural subsidies 14.0%Borrowing (local bonds) 4.6%Donations 3.0%Other 12.5%
SourceAmountPer residentShare
Local taxes
Resident tax, fixed asset tax and other taxes paid by residents and businesses
¥7.5B¥134,05116.1%
Shared taxes and grants
Portions of national and prefectural taxes distributed to municipalities
¥2.3B¥41,2035.0%
Local allocation tax
Unconditional transfers from the national government to municipalities with smaller tax bases
¥11.9B¥214,33425.8%
National subsidies
National treasury disbursements for specific programs
¥8.8B¥157,83419.0%
Prefectural subsidies
Prefectural disbursements for specific programs
¥6.5B¥116,73214.0%
Borrowing (local bonds)
New borrowing during the year
¥2.1B¥38,3744.6%
Donations
Including hometown tax (furusato nozei)
¥1.4B¥24,5243.0%
Other
Fees, charges, transfers from reserves, carry-overs and other revenue
¥5.8B¥103,92012.5%

Hometown tax (furusato nozei) donations received in FY2024: ¥1.2B

Spending by function per resident

This municipalityMedian of cities with 50,000–100,000 people (234)
FunctionAmountPer residentPeer medianShare
Welfare
Elderly, children, people with disabilities, public assistance
¥15.3B¥275,243¥194,51734.0%
General administration
Office management, tax collection, family registers, elections
¥5.5B¥97,943¥69,05312.1%
Education
Schools, libraries, community centers, sports facilities
¥4.5B¥81,643¥57,05810.1%
Health & sanitation
Health checks, vaccinations, waste disposal
¥4.4B¥78,326¥39,9139.7%
Agriculture, forestry & fisheries¥4.3B¥76,966¥9,0059.5%
Debt service
Repayment of principal and interest on local bonds
¥4.2B¥76,223¥38,6839.4%
Public works
Roads, bridges, parks, sewers, public housing
¥3.8B¥67,424¥44,1778.3%
その他¥1.3B¥24,225¥03.0%
Fire & emergency¥905M¥16,257¥17,6232.0%
Commerce & tourism
Business attraction, shopping streets, tourism
¥672M¥12,071¥8,6411.5%
Assembly¥229M¥4,123¥3,3390.5%
Labor¥9M¥162¥4580.0%
Disaster recovery¥6M¥110¥810.0%

Welfare spending

Children
¥6.4B
Per resident ¥115,566 (median ¥77,676)
Elderly
¥2.0B
Per resident ¥35,372 (median ¥34,812)
Social welfare
¥5.2B
Per resident ¥93,003 (median ¥63,964)
Public assistance
¥1.7B
Per resident ¥31,302 (median ¥17,030)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 47.0% 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¥250K¥500K¥750K¥1.0M2015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Fiscal strength index

0.300.400.500.600.702015201620172018201920202021202220232024This municipalityMedian of similar municipalities

Current balance ratio

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

Population

54K54K55K56K56K2015201620172018201920202021202220232024Population
See the numbers by year
Fiscal yearPopulationSpendingLocal bondsReservesFiscal strengthCurrent balanceDebt service
FY202455,656¥45.1B¥36.0B¥13.6B0.3997.6%—
FY202355,724¥41.6B¥37.9B¥14.2B0.3891.6%—
FY202255,562¥41.8B¥40.5B¥14.4B0.3789.5%—
FY202155,466¥44.1B¥43.4B¥13.3B0.3683.0%—
FY202055,577¥53.7B¥45.1B¥12.5B0.3688.0%—
FY201955,434¥44.3B¥40.7B¥15.1B0.3485.4%—
FY201854,625¥39.0B¥38.6B¥16.8B0.3385.5%—
FY201754,442¥38.6B¥37.1B¥15.5B0.3281.1%—
FY201654,340¥39.2B¥36.7B¥13.8B0.3281.6%—
FY201554,519¥40.3B¥36.2B¥12.6B0.3281.9%—

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All municipalities in Okinawa 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)