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Government budget and revenue in Okazaki, Japan: official figures

The municipal government of Okazaki took in 152.6 billion yen in fiscal 2022 (final accounts), 396,660 yen per resident, 41st lowest of 262 cities.

How much does Okazaki spend per person?

The municipal government of Okazaki spent 143.1 billion yen in fiscal 2022, 372,116 yen per resident, 35th lowest of 262 cities; revenue was 9.4 billion yen above spending.

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

How much tax does Okazaki collect?

Local taxes raised 70.6 billion yen in Okazaki in fiscal 2022, 46.3% of total revenue (183,635 yen per resident), 20th highest 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 Okazaki?

The fiscal strength index of Okazaki was 1.00 for fiscal 2022 (a three-year average), joint 26th highest 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 Okazaki run a budget surplus?

The real balance ratio of Okazaki was 9.5% 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 Okazaki have?

The real debt service ratio of Okazaki was 0.6% 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 Okazaki compares with other cities in Japan

Municipal spending per resident (fiscal 2022)

Okazaki ranks 228 of 262, highest first. Final accounts of the municipal government divided by the 2020 census population

RankCityMunicipal spending per resident
225Mishima376 thousand yen
226Hitachinaka374 thousand yen
227Kasukabe373 thousand yen
228Okazaki372 thousand yen
229Hiratsuka372 thousand yen
230Toyohashi371 thousand yen
231Kamagaya370 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)

Okazaki ranks 20 of 262, highest first.

RankCityLocal taxes as a share of municipal revenue
17Fujisawa46.7%
18Inzai46.6%
19Ichihara46.5%
20Okazaki46.3%
21Kusatsu45.6%
22Toyohashi45.5%
23Toda45.4%
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

Fiscal strength index (fiscal 2022)

Okazaki ranks 26 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
23Ebina1.03
24Kokubunji1.03
25Kawasaki1.02
26Okazaki1.00
27Fuji1.00
28Koganei1.00
29Toyohashi0.99
Source: Statistics Bureau of Japan, Ministry of Internal Affairs and Communications · saved copy

More on Okazaki: overview · economy and jobs · health · education and schools · poverty and living standards · all cities in Japan

Sources

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