Miyagi Prefecture finances and its 35 municipalities (FY2024)

Fiscal health rank among the 47 prefectures

Fiscal strength indexBetter than peers

0.61

#13 of 47 in Japan (highest first)

Median of similar municipalities 0.47

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

95.4%

#34 of 47 in Japan (lowest first)

Median of similar municipalities 93.8%

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.

Real debt service ratioBetter than peers

10.0%

#16 of 47 in Japan (lowest first)

Median of similar municipalities 11.0%

What this means

Debt repayments relative to revenue (3-year average). At 18% or more, new borrowing needs approval; 25% or more triggers early fiscal soundness measures.

Future burden ratioBetter than peers

130.8%

#13 of 47 in Japan (lowest first)

Median of similar municipalities 159.7%

What this means

Debts and other future liabilities as a percentage of one year's standard revenue. For municipalities, 350% or more triggers early fiscal soundness measures. Zero when reserves exceed liabilities.

Local bonds outstanding per residentBetter than peers

¥632,885

#9 of 47 in Japan (lowest first)

Median of similar municipalities ¥820,968

What this means

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

Reserve funds per residentBetter than peers

¥81,261

#19 of 47 in Japan (highest first)

Median of similar municipalities ¥72,828

What this means

Fiscal adjustment, debt reduction and special-purpose funds at fiscal year-end divided by the population.

Own-source revenue ratioBetter than peers

59.3%

#9 of 47 in Japan (highest first)

Median of similar municipalities 48.8%

What this means

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

Fiscal adjustment fund ratioWorse than peers

4.3%

#36 of 47 in Japan (highest first)

Median of similar municipalities 6.4%

What this means

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

Revenue ¥1.02T · per resident ¥458,059

Local taxes 36.0%Shared taxes and grants 5.8%Local allocation tax 16.9%National subsidies 11.5%Borrowing (local bonds) 6.6%Donations 0.1%Other 23.2%

Source	Amount	Per resident	Share
Local taxes Resident tax, fixed asset tax and other taxes paid by residents and businesses	¥367.1B	¥165,006	36.0%
Shared taxes and grants Portions of national and prefectural taxes distributed to municipalities	¥58.8B	¥26,442	5.8%
Local allocation tax Unconditional transfers from the national government to municipalities with smaller tax bases	¥171.9B	¥77,261	16.9%
National subsidies National treasury disbursements for specific programs	¥117.4B	¥52,777	11.5%
Borrowing (local bonds) New borrowing during the year	¥66.8B	¥30,008	6.6%
Donations Including hometown tax (furusato nozei)	¥1.1B	¥504	0.1%
Other Fees, charges, transfers from reserves, carry-overs and other revenue	¥236.0B	¥106,061	23.2%

Spending by function per resident

This municipalityMedian of prefectures (47)

Education

¥81K

Welfare

¥69K

Commerce & tourism

¥60K

Debt service

¥51K

Public works

¥40K

General administration

¥33K

Police

¥26K

Health & sanitation

¥24K

Agriculture, forestry & fisheries

¥23K

Disaster recovery

¥3K

Function	Amount	Per resident	Peer median	Share
Education Schools, libraries, community centers, sports facilities	¥179.6B	¥80,700	¥104,412	18.0%
Welfare Elderly, children, people with disabilities, public assistance	¥153.7B	¥69,072	¥80,864	15.4%
Commerce & tourism Business attraction, shopping streets, tourism	¥134.4B	¥60,386	¥53,525	13.5%
Debt service Repayment of principal and interest on local bonds	¥113.5B	¥51,002	¥64,586	11.4%
Public works Roads, bridges, parks, sewers, public housing	¥88.5B	¥39,789	¥66,108	8.9%
General administration Office management, tax collection, family registers, elections	¥74.3B	¥33,399	¥33,399	7.4%
Police Prefectures only	¥56.8B	¥25,546	¥26,383	5.7%
Health & sanitation Health checks, vaccinations, waste disposal	¥53.1B	¥23,876	¥19,958	5.3%
Agriculture, forestry & fisheries	¥51.9B	¥23,306	¥31,061	5.2%
Disaster recovery	¥5.7B	¥2,551	¥2,912	0.6%
Labor	¥3.4B	¥1,536	¥1,436	0.3%
Assembly	¥1.7B	¥742	¥873	0.2%
Fire & emergency	¥0	¥0	¥0	0.0%

Welfare spending

Children

¥39.3B

Per resident ¥17,653 (median ¥19,268)

Elderly

¥65.8B

Per resident ¥29,592 (median ¥34,452)

Social welfare

¥43.3B

Per resident ¥19,478 (median ¥23,130)

Public assistance

¥5.2B

Per resident ¥2,317 (median ¥1,753)

Spending by type per resident

Personnel, social assistance and debt service are "mandatory" spending that is hard to cut. Here they make up 34.8% of spending.

Personnel

¥97K

Social assistance

¥8K

Debt service

¥51K

Goods & services

¥20K

Subsidies

¥130K

Construction

¥61K

Transfers to other accounts

¥7K

Reserves

¥20K

Maintenance

¥3K

Ten-year trends

Debt and reserves per resident

Local bondsReserve funds

Spending per resident

Fiscal strength index

Current balance ratio

Population

See the numbers by year

Fiscal year	Population	Spending	Local bonds	Reserves	Fiscal strength	Current balance	Debt service
FY2024	2,224,980	¥997.5B	¥1.41T	¥180.8B	0.61	95.4%	10.0%
FY2023	2,242,389	¥1.01T	¥1.45T	¥205.4B	0.59	96.7%	10.3%
FY2022	2,257,472	¥1.10T	¥1.48T	¥198.3B	0.59	96.4%	10.6%
FY2021	2,268,355	¥1.19T	¥1.51T	¥197.3B	0.60	89.0%	11.2%
FY2020	2,282,106	¥1.15T	¥1.51T	¥166.9B	0.63	96.3%	12.0%
FY2019	2,292,385	¥1.03T	¥1.50T	¥197.3B	0.63	97.9%	12.9%
FY2018	2,303,098	¥1.08T	¥1.53T	¥216.7B	0.63	96.8%	13.6%
FY2017	2,312,080	¥1.18T	¥1.55T	¥241.1B	0.63	97.2%	14.5%
FY2016	2,319,438	¥1.26T	¥1.57T	¥295.3B	0.61	96.0%	14.9%
FY2015	2,324,466	¥1.30T	¥1.59T	¥344.7B	0.60	96.3%	14.5%

Municipalities in Miyagi Prefecture FY2024 · click a column to sort

Amounts per resident. See also the fiscal strength ranking and debt per resident ranking in Miyagi Prefecture.

Municipality	Population	Fiscal strength	Current balance	Debt service	Debt per resident	Reserves per resident	Spending per resident
Sendai City 仙台市	1,064,142	0.87	98.8%	—	¥711,769	¥110,530	¥579,562
Ishinomaki City 石巻市	132,447	0.53	99.8%	—	¥513,379	¥285,776	¥621,281
Shiogama City 塩竈市	51,726	0.52	98.5%	—	¥337,625	¥217,537	¥573,521
Kesennuma City 気仙沼市	56,300	0.45	102.2%	—	¥519,496	¥598,777	¥869,155
Shiroishi City 白石市	30,569	0.50	92.8%	—	¥337,861	¥283,591	¥608,547
Natori City 名取市	79,792	0.80	101.8%	—	¥383,118	¥154,882	¥477,988
Kakuda City 角田市	26,469	0.50	95.3%	—	¥575,868	¥360,047	¥786,844
Tagajo City 多賀城市	61,628	0.69	101.4%	—	¥340,833	¥148,678	¥451,174
Iwanuma City 岩沼市	43,137	0.80	103.2%	—	¥252,415	¥241,980	¥462,416
Tome City 登米市	71,919	0.36	97.9%	—	¥603,748	¥137,706	¥635,547
Kurihara City 栗原市	60,518	0.32	100.8%	—	¥635,538	¥278,018	¥714,828
Higashimatsushima City 東松島市	37,875	0.45	93.7%	—	¥404,770	¥248,793	¥672,202
Osaki City 大崎市	122,035	0.49	97.0%	—	¥601,871	¥101,926	¥555,864
Tomiya City 富谷市	52,452	0.75	94.1%	—	¥137,057	¥138,910	¥405,428
Zao Town 蔵王町	10,916	0.43	96.6%	—	¥457,629	¥164,325	¥736,700
Shichikashuku Town 七ケ宿町	1,213	0.31	87.8%	—	¥1,809,484	¥1,754,148	¥2,162,724
Ogawara Town 大河原町	23,297	0.60	99.9%	—	¥316,853	¥192,401	¥516,492
Murata Town 村田町	9,816	0.42	91.9%	—	¥553,981	¥151,901	¥593,490
Shibata Town 柴田町	36,331	0.59	94.5%	—	¥410,006	¥117,939	¥414,368
Kawasaki Town 川崎町	7,938	0.32	94.3%	—	¥309,327	¥366,073	¥670,548
Marumori Town 丸森町	11,571	0.31	93.5%	—	¥1,204,354	¥427,005	¥1,112,207
Watari Town 亘理町	32,825	0.57	95.8%	—	¥235,670	¥261,888	¥413,350
Yamamoto Town 山元町	11,427	0.36	90.8%	—	¥689,959	¥747,164	¥738,892
Matsushima Town 松島町	12,885	0.45	95.3%	—	¥367,473	¥176,088	¥538,523
Shichigahama Town 七ケ浜町	17,553	0.49	96.5%	—	¥276,516	¥352,095	¥464,103
Rifu Town 利府町	35,863	0.78	93.4%	—	¥378,304	¥93,358	¥429,399
Taiwa Town 大和町	27,861	1.06	101.0%	—	¥295,815	¥198,413	¥613,544
Osato Town 大郷町	7,480	0.52	84.9%	—	¥817,128	¥529,588	¥859,051
Ohira Village 大衡村	5,539	0.77	94.3%	—	¥648,274	¥432,627	¥858,627
Shikama Town 色麻町	6,103	0.28	84.3%	—	¥515,093	¥190,540	¥850,109
Kami Town 加美町	20,970	0.35	90.1%	—	¥520,415	¥266,705	¥675,588
Wakuya Town 涌谷町	14,249	0.38	85.7%	—	¥426,735	¥240,772	¥606,115
Misato Town 美里町	22,826	0.42	89.9%	—	¥513,548	¥143,784	¥673,483
Onagawa Town 女川町	5,810	0.93	89.0%	—	¥1,378,463	¥3,009,679	¥2,046,561
Minamisanriku Town 南三陸町	11,498	0.29	99.7%	—	¥1,121,186	¥1,163,071	¥1,007,444