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Government budget and revenue in Izumo, Japan: official figures

The municipal government of Izumo took in 88.6 billion yen in fiscal 2022 (final accounts), 513,072 yen per resident, 76th highest of 262 cities.

How much does Izumo spend per person?

The municipal government of Izumo spent 85.9 billion yen in fiscal 2022, 497,312 yen per resident, 75th highest of 262 cities; revenue was 2.7 billion yen above spending.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much tax does Izumo collect?

Local taxes raised 24.1 billion yen in Izumo in fiscal 2022, 27.2% of total revenue (139,569 yen per resident), 45th lowest of 262 cities by share; the rest came from national transfers, grants, borrowing and other income.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How financially independent is Izumo?

The fiscal strength index of Izumo was 0.56 for fiscal 2022 (a three-year average), joint 29th lowest of 261 cities. It divides standard local revenue by standard spending needs; a value of 1 or more means the city can meet its standard needs from its own revenue.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Does Izumo run a budget surplus?

The real balance ratio of Izumo was 3.3% in fiscal 2022: the year-end surplus as a share of its standard fiscal size.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How much debt does Izumo have?

The real debt service ratio of Izumo was 12.5% in fiscal 2022, the burden of repaying borrowed money (a three-year average) relative to its fiscal size.

Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

How Izumo compares with other cities in Japan

Municipal spending per resident (fiscal 2022)

Izumo ranks 75 of 262, highest first. Final accounts of the municipal government divided by the 2020 census population

RankCityMunicipal spending per resident
72Musashino500 thousand yen
73Mito500 thousand yen
74Kochi499 thousand yen
75Izumo497 thousand yen
76Saitama496 thousand yen
77Tomakomai495 thousand yen
78Fuchu494 thousand yen
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Local taxes as a share of municipal revenue (fiscal 2022)

Izumo ranks 218 of 262, highest first.

RankCityLocal taxes as a share of municipal revenue
215Neyagawa27.6%
216Kure27.5%
217Onomichi27.4%
218Izumo27.2%
219Hatsukaichi27.0%
220Saijo26.7%
221Aizuwakamatsu26.3%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Fiscal strength index (fiscal 2022)

Izumo ranks 229 of 261, highest first. Standard local revenue divided by standard needs, a three-year average; 1 or more means no reliance on general central transfers.

RankCityFiscal strength index
226Matsue0.57
227Isahaya0.57
228Aomori0.56
229Izumo0.56
230Iwakuni0.56
231Beppu0.56
232Habikino0.56
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

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Sources

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