Shiga Prefecture Releases Fiscal Year 2024 Fiscal Soundness Indicators
Shiga Prefecture has officially published its “Fiscal Soundness Indicators and Financial Deficit Ratios based on the Fiscal Year 2024 Settlement,” an important report detailing the prefecture’s financial health. The comprehensive document, released on September 1, 2025, provides a transparent overview of the prefecture’s fiscal management and its ability to meet its financial obligations.
This annual report is a crucial tool for understanding the sustainability of Shiga Prefecture’s finances. It comprises several key indicators designed to assess the overall fiscal condition of local governments. These include:
- Fiscalability Ratio (実質公債費比率 – Jisshitsu Kōsaihi Hiritsu): This ratio measures the burden of principal and interest payments on debt relative to the prefecture’s ordinary revenue. A lower ratio indicates a healthier debt management situation.
- Current Fiscal Ratio (経常収支比率 – Keijō Shūshi Hiritsu): This indicator reflects the extent to which current revenues are used to cover current expenditures. A higher ratio suggests that the prefecture is effectively managing its day-to-day operations.
- Net Deficit Ratio (純剰余金比率 – Jun Jōyokin Hiritsu): This ratio indicates the ratio of net surplus funds to current expenditures. A positive and sufficiently high ratio signifies strong financial reserves.
- Busness Improvement Ratio (事業改善比率 – Jigyō Kaizen Hiritsu): While not always a standard ratio in all local government financial reports, in the context of Shiga’s announcement, this likely refers to the prefecture’s ability to improve its financial situation through strategic fiscal measures and operational efficiencies.
Furthermore, the report also includes the Financial Deficit Ratio (資金不足比率 – Shikin Fusoku Hiritsu). This ratio is a critical measure for public service corporations or entities within the prefecture that may be operating at a deficit. It signifies the proportion of their financial needs that are not covered by their own revenues.
The release of these figures underscores Shiga Prefecture’s commitment to fiscal transparency and accountability to its citizens. By providing detailed information on its financial performance, the prefecture allows for informed public discussion and scrutiny of its budgetary practices.
While the specific figures for Fiscal Year 2024 will be detailed within the published report, the proactive release of this information demonstrates a dedication to sound financial stewardship. Citizens and stakeholders are encouraged to review the full report on the official Shiga Prefecture website for a comprehensive understanding of the prefecture’s financial standing. This information is vital for assessing the prefecture’s capacity to continue providing essential public services and to invest in the future development of Shiga.
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滋賀県 published ‘令和6年度決算に基づく健全化判断比率および資金不足比率’ at 2025-09-01 01:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.