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MeriHari

A “meri-hari” (well-modulated) budgetPolicy for Formulation of the FY 2018 Budget

The FY 2018 budget was positioned and formulated as:“a budget that accomplishes the mission
entrusted to the metropolitan government forsuccessful delivery of the Tokyo 2020 Games andfor the years beyond, while also maintaining
future fiscal soundness.”

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Foreword• The estimated revenues and expenditures
for one year are compiled in a budget.
• The Tokyo Metropolitan Government uses
the taxes paid by the residents of Tokyo toprovide administrative services including
disaster mitigation and welfare measures.

□ Picture it as something like this.
Taxes, etc.
Revenue
BudgetExpenditure
Administrativeservices

1How big is Tokyo’s budget?

14 trillion yen

A size that surpasses some national budgets
Account type

FY 2018
BudgetTotal accountJPY 14.4T

Remarks

GeneralaccountJPY 7.0T

For administrative services
such as disaster mitigation
and welfare measures,
based on taxes

Specialaccounts

JPY 5.4TFor specific objectives
such as management ofmetropolitan housing

JPY 2.0T

For water supply andsewerage and otherenterprises managed by
the Tokyo MetropolitanGovernment

Publicenterpriseaccounts
Compared to,for example,

Sweden’s budget
13.5 trillion yen□ But since a large portion of Tokyo’s taxes comefrom companies, Tokyo’s revenue is easily
impacted by economic trends.
For example, revenue dropped approximately
1 trillion yen in one year.

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Is Tokyo’s budget increasing
compared to before?
No. It’s hardly changing.
〇 While the national government
continues to increase its spending,Tokyo is curbing its expenditures.
What kind of efforts is the Tokyo
government making?
＜Expenditures（when spending in FY 1992 is 100)＞
（%）

150
125

135
Japan

100
7550

97
Tokyo
（FY）

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What efforts and means are taken

Evaluating projects( ≒ review)
Each of the projects ischecked to raise project
efficiency andeffectiveness○ Thorough review allows newmeasures to be launched while
keeping total spending down.
○ In formulation of the FY 2018
1/5 of all
budget, over 1,000
projects
projects were checkedand 87 billion yen of finances
1 trillion yen of financeswere secured. （Aboutsecured in 12 years.）
The highest
ever!

4ongoing

Using funds (Funds presituations
reducedin econoand for fu
in expendi□ Money is sav
used whensystematic□ In FY 2018,used aggres
Tokyo 2020

Sound financial management
spending where it’s neededby Tokyo to create the budget？

≒ savings）
pare forsuch astax revenues
mic downturns
ture increasetures.
ed in funds andnecessary in amanner.
funds will besively for theGames.

Restraining issuance ofbonds （ ≒ debt)

Settlement

Large expenditures suchas road construction areborrowed for severalgenerations to share theburden equally.

○ In FY 2018, the issuance ofmetropolitan bonds wasrestrained so as not to leaveburdens to future generations.
○ Tokyo has a very low share ofdebt compared to the nationalgovernment.
(Reference）Share of debt in revenues
TMG: 3.0% Nat’l Govt: 34.5%

through a budget that increases
and reduces it where it’s not!

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The key points of

Implements measures to realize the New Tokyo□ These are measures that will draw out
the boundless potential of Tokyo.
Ⅰ Realizing a City of Diversity whereeveryone can lead vibrant and active lives.
Ⅱ Realizing a Smart City that drives Japan’s
growth and continues to shine in the world.
Ⅲ Realizing a Safe City that is safe, secureand bustling with activity.
Ⅳ Initiatives to deliver a successful Tokyo
2020 Games
Ⅴ Promotion of the Tama Area and Tokyo
Islands
Ⅵ Utilization of cutting-edge technology tosupport Tokyo’s sustainable growth□ The main projects will be explained later.

6Tokyo’s FY 2018 budget
Incorporated a system of project proposaland selection by the citizens of Tokyo〇 This is an initiative to directly reflect theopinions of the citizens in measurestaken by Tokyo.
255 projects were proposed.
Propose

ReviewVote

From the standpoint of using
new ideas, proposals were
narrowed down to 26 candidate
projects.
Projects were selected after avoting process with over 4,000
votes.

Projects such as “promotion of childdaycare using forests and nature”
JPY 850 million are reflected in the budget.

９projects〇 An initiative that truly takes the perspective of
putting Tokyo citizens first!

7A Smart City

Realizing an international
tourist destination open

Tokyo aims to become one of the world’s
by building an environment to● Promote nightlife tourism.
● Support events using projection mapping.
● Use the appeal of the waterfront to create the face of Tokyo.

Major goal

8

Welcome an annual 30
million foreign visitors
to Tokyo by 2024!

A Smart City

city and global
to the world

JPY 37.5billion（+5.4 billion）

leading tourist destinations
welcome foreign travelers.
● Support the creation of new tourist spots by leveraging
the appeal of Tokyo’s islands.
● Build an environment where non-Japanese speaking
patients can feel comfortable about going to medical
institutions for consultation or care.
● Promote MICE* tourism.
(＊)

Meeting, Incentive, Convention, Exhibition/Event9

A Smart City

Realizing a global financial andeconomic center

JPY 9.6billion（+2.5 billion）

Boldly roll out initiatives to accelerate Tokyo’s
growth in order for Tokyo to continue serving as
the engine driving Japan’s growth.

● Support small and medium-sized companies aiming forpartnerships with foreign companies.
● Discover foreign companies in IoT and other fields andattract them to Tokyo.
● Support businesses in Japan and abroad that are workingto provide solutions to the needs of Tokyo’s citizens usingfinances. (Tokyo Financial Award)

Major goal

10

Successfully attract 400
foreign companies toTokyo by FY 2020!

A City ofDiversity

Nurturing global talent

JPY 8 billion（+1.1 billion）

Nurture talent who can be active on the global
stage by advancing English language education.
● Build an environment that will encourage school children
to want to learn English.
(Launching the TOKYO GLOBAL GATEWAY）● Support exchange with overseas schools through aninternational concierge.
● Advance English language education by posting Englishteachers.
By 2020, have over 70% ofschool children able toMajor goal
communicate in English with
non-Japanese speakers !

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A City ofDiversity

Enhancing life-work balance

JPY 27.5billion（+13.2 billion）

Achieve work styles that strike a balance
between life and work
● Promote the introduction of telework – through events toraise enthusiasm and by expanding work at satellite offices.
● Provide support to companies that offer parenting leave.
● Promote off-peak commuting and visualization of train
congestion in partnership with railway operators andcompanies.

Major goal

12By 2022, have 78% of
women 25-44 years old
participating in the workforce!

A Safe City

Realizing a city that is safe,
secure, and bustling with activity

JPY 171.6billion（+8.1 billion）

After

BeforeAlong with advancing the development of adisaster-resilient city, create livablecommunities full of vibrancy.
● Advance removal of utility poles.
● Reinforce ambulance services.
● Strength public-private collaboration for counterterrorism.

Major goal(＊)

By 2019, complete
removal of utility poles
along metropolitan roadsin the center core area*!
Roughly the area within the Tokyo Metropolitan
Expressway Central Circular Route13

Measures for the success of theTokyo 2020 GamesJPY 130.3
billion（+65.5 billion）

Steadily promote initiatives to prepare for
the Games and to leave a legacy● Construction of Tokyo 2020 competition venues, etc.
● Cultivate language volunteers to welcome foreign visitors.
● Promote interaction through Parasport experiences
conducted in partnership with areas that were affected bymajor disasters.
The economic spillover of the Tokyo
2020 Games is projected to be 32.3
trillion yen for all of Japan!

14（Let’s raise enthusiasm for the 2019 Rugby
World Cup, too!)Afterword〇 So, how was it?
Were you able to gain an understanding of
the Tokyo Metropolitan Government’s budget?

□ In order to create a bright future, Tokyo
will continue to take the stance of refining
its measures, and reviewing and compilingthe budget accordingly.

29（44） The Complete Guide to Tokyo’s FY2018 Budget Proposal (issued February 2018)
Edited and issued by the Finance Section, Budget Division, Bureau of Finance, Tokyo Metropolitan Government

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