Budget Overview
Key New and Expanded Projects
Approaches taken for budget
compilationMeriHari

A “meri-hari”(well-modulated)budgetWhat is Tokyoʼs budget?

Taxes, etc.

BudgetRevenue

Expenditure

Administrativeservices

The estimated revenues and expenditures
for one year are compiled in a budget.
The Tokyo Metropolitan Government(TMG) uses the taxes paid by theresidents of Tokyo to provide
administrative services, including disastermitigation and welfare measures.
I see.
Itʼs like an annual
business plan!

１How big is the budget?
The same size as some national
budgets 15.2 trillion yen
Account type

FY2021
BudgetTotal accountJPY 15.2T

GeneralaccountSpecialaccounts
Publicenterpriseaccounts

Remarks

JPY 7.4T

For administrative services suchas disaster mitigation and welfaremeasures, based on taxes

JPY 5.8T

For specific objectives such as
management of metropolitan
housing

JPY 1.9T

For water supply and sewerage
and other enterprises managed
by the Tokyo Metropolitan
Government

Compared to,for example,

Norwayʼs budget
18.5 trillion yen
Swedenʼs budget
14.6 trillion yen

The general account budget, which
is mainly prepared from taxes, isnow 7.4 trillion yen. Next, let's takea look at the overall picture.

２

Budget overview

Budget size

General account total expenditures

7.425 trillion yen（＋71 billion yen, ＋1.0％）

General expenditures
Policy related spending

5.6122 trillion yen（＋79 billion yen, ＋1.4％）

Tax revenue

The TMG tax revenue amount,including corporate inhabitant andenterprise taxes, and fixed asset tax

5.4446 trillion yen（－399.6 billion yen, －7.3％）

The budget for FY2021 increased forthe first time in two years.
What kind of areas is the money being３spent on?

for FY2021※The number in brackets ( ) is the change from the FY2020 budget
Budget per Tokyo resident

 An increase for the first

Health and Welfare

time in two years, with

Education and Culture
Labor and Economy

the launch of 430

Living Environment

2021
1989

Urban Development

new projects

Police and Firefighting
Planning and General Affairs

Breakdown Approximately 80 billion
yen increase due to, amongGeneral
expenditures
Salary-related
expenses
Other ordinary
expenses
Investment
expenses
Expenses for piblicbonds
Tax-related
expenses, etc.

others, increased project
costs for programs to open
up the future of Tokyo Decrease of about 400 billion

Changes in metropolitan tax revenue
Other taxes
Corporate inhabitant and enterprise taxes

yen due to, among others,
reduced revenue from corporate
taxes caused by worsening
corporate earnings, etc.

1992
平成320213

The budget focuses on initiatives toachieve early social and economic
recovery, and measures to open up thefuture of Tokyo.

４

Seven Pillars of the FY2021 Budget
Strategic initiatives to open up the future of Tokyoand major initiatives for the early recovery of societyand economy, which were severely affected by theCOVID-19 pandemic, are positioned within the sevenpillars of the budget.

A city full of beauty andcharm

Promotion of the Tamaarea and Tokyo islands

A Tokyo that drives Japan's
development and continues
to lead the world

Hosting the Tokyo 2020 Gamesand creating a legacy

The worldʼs safest, mostsecure, convenient, andcomfortable city

Creation of Smart Tokyo

A city where people shine
and everyone can play anactive roleNow, letʼs take a look at each ofthese seven pillars to check out
some specific projects included inthe budget.

５

A city where people shine
and everyone can play anactive role

JPY 729.2 bn

Realize a city full of smiling children and people
who want to have and raise children, andwhere everyone can choose how they wish tolive and shine in their own way

Key new andexpanded projects
主な新規拡充事業● Tokyo Childbirth Support Program: Donʼt get beaten by COVID-19● Supporting long-term careprevention activities and otherservices utilizing online tools● Supporting early reemployment using
temporary staffing servicesetc.

６

The worldʼs safest, mostsecure, convenient, andcomfortable city

JPY 725.1 bn

Protect the people of Tokyo from threats such as
disasters and diseases, and create a city withadvanced urban functions and transportation
networks

Key new andexpanded projects● Constructing new regulating reservoirs (Shakujii
River basin and Kanda River basin) as a measurefor heavy rainfall disasters● Accelerating efforts for removalof utility poles● Managing the Tokyo i CDC
Expert Board etc.

７

A Tokyo that drives Japan's
development and continues
to lead the world

JPY 417.8 bn

Realize a highly productive city where people,goods, money, and information gather from allover the world and new industries emerge one
after anotherKey new andexpanded projects
主な新規拡充事業● Establishing the Sustainable Energy Fund(tentative name)● Attracting foreign financial companies● Promoting the social implementationof products and services developed bystartups that contribute to digitaltransformation (DX) advancementetc.

８A city full of beautyand charm

JPY 115.6 bn

As well as aiming to realize “Zero Emission
Tokyo,” create an attractive and comfortable city
by further enriching water and greenery

Key new andexpanded projects
主な新規拡充事業● Promoting the spread of ZEVs (Zero EmissionVehicles)● Supporting the establishment and operation ofhydrogen stations● Supporting the introduction ofenergy-saving ventilation andair conditioning equipment forsmall and medium-sized businesses etc.

９Creation of Smart Tokyo

JPY 22.4 bn

Promote open and speedy efforts throughindustry, government, and academia collaboration,such as incorporating 5G, AI, IoT, and othertechnologies in government services

Key new andexpanded projects● Installing smart poles extensively in theNishi-Shinjuku area to induce urban
implementation of 5G services● Promoting initiatives to fix thedigital divide● Promoting the digitization ofadministrative procedures etc.

10

Hosting the 2020 GamesJPY 402.8 bn
and creating a legacy
Preparing thoroughgoing measures for hosting asafe and secure Games, while creating a great
legacy to pass on to future generations

Key new andexpanded projects● Implementing measures against spread ofinfection in the torch relays and other events● Conducting studies on training bases
for Para sports● Creating exercising opportunities
by utilizing public open space etc.

11

Promotion of the Tamaarea and Tokyo islands

JPY 262.9 bn

By leveraging the unique characteristics andaddressing challenges facing each community, theappeal, vitality, and sustainable development of
the Tama area and Tokyo islands will be enhanced.

Key new and主な新規
expanded projects

拡充事業● Establishing an immersive English education facility
in the Tama area
● Introducing furniture and fixtures made of woodfrom the Tama area in the TMG building
and other metropolitan facilities● Implementing pilot projects
using digital technology to solve
social issues in the Tokyo islands etc.

12What approaches are takenPromotion of project review
Efforts to improve the efficiency andeffectiveness of projects✔ Published project review 1,360cases✔ Finances secured 111billion yen

Utilization of funds

Money is set aside in funds for future
expenditure increases and other needs✔ Withdrawals from funds: 829.0 billion yen,including 750.2 billion yen from the funds toachieve the “three cities“(safe city, smart city, diverse city)

Utilizing Tokyo Metropolitan Bonds

To adjust financial resources between fiscal
years and strive for intergenerational equity✔ Tokyo bonds issued: 587.6 billion yen
Of which ESG bonds issued were about

100 billion yen Green bonds: 40 billion yen
Social bonds: 60 billion yen

13

I look forward to seeing Tokyo changewith the start of these projects.
But how did Tokyo secure its financial
resources when metropolitan tax
revenues are declining?

in budget compilation?
 Both the number of thepublished projects and theamount of finances secured
are the highest ever, as aresult of efforts including
constant review of measuresand the elimination of wastefulspending.

Changes in amount offinances secured•Finances secured overthe last five years
About 460 billion yen•

•••

2007

 Actively utilize funds forrealization of the “three cities”
to steadily advance preparations
for the Tokyo 2020 Games andother measures
 Expand the issuance of ESG
bonds, which are attracting brisk
investment by the financial sector
to support the realization of the SDGs
(Sustainable Development Goals)＊ ESG bonds: Bonds issued for investors that take
into account environmental, social, andgovernance factor

2017

2021

Changes in withdrawals from funds
for realization of the “three cities”
730 billion yen 750 billion yen

Proactive use of funds
2020＊ Initial budget

2021

Change in ESG bondissuance
100 billion yen

30 billion yen

Promote ESG
investment

2020

Good point, Hari! In addition toreviewing its projects, Tokyo has been
resourcefully using funds that havebeen systematically accumulated, andTokyo metropolitan bonds.

2021

14

In conclusion

The budget is being prepared with a lotof ingenuity. So, does this mean thatTokyoʼs past fiscal management is whatmade the formulation of this budget
possible?

That's right, Hari! Tokyo must continue
using ingenuity in its work forsustainable fiscal management.

Now, I'm curious to know more
about what other initiatives they'reworking on!

Hari, I like how you are eager tolearn! You can find more financial
information on the website of TMG.
Check here

15

Reference: Revenues andexpenditures (General Account)

Revenues
Category（JPY）
F Y 2 0 2 1

F Y 2 0 2 0

Difference

Metropolitan taxes

5.045 tn

5.445 tn －400 bnLocal transfer taxes

45 bn

53 bn －8 bn

National treasury
disbursements

382 bn378 bn

4 bn

Funds transfers

836 bn770 bn66 bn

Metropolitan bonds

588 bn208 bn379 bnOther revenue

530 bn500 bn

30 bn

Total

7.425 tn

7.354 tn

71 bn

Expenditures
Category（JPY）

F Y 2 0 2 1

F Y 2 0 2 0

Difference

General expenditures

5.612 tn

5.533 tn

79 bn

Administrative activity
expenses

4.672 tn

4.484 tn

188 bnSalary related

1.63 tn

1.631 tn

Other ordinary
expenses

3.042 tn

2.853 tn

Investment expenses

0.94 tn

1.049 tn

－109 bn

Expenses for public bonds

332 bn349 bn－17 bnTax-related expenses, etc.

1.481 tn

1.472 tn

9 bn

Total

7.425 tn

7.354 tn

71 bn

－1 bn
189 bn*Tabulated figures are rounded to the nearest billion.

16

Reference: Breakdown by
Categories (General Account)
FY2021 budget by category, assuming that thetotal budget is 10,000 yen（JPY）

Category

Breakdown of
10,000 yen

Health and Welfare
e.g. measures for the graying population

1,747yen

Education and Culture
e.g. the enhancement of school education

1,573yenLabor and Economy
e.g. revitalization of industry

718yenLiving Environment
e.g. waste management

268yenUrban Development
e.g. road development

1,116yen

Police and Firefighting
e.g. police and fire fighting activities

1,216yen

Planning and General Affairs
e.g. staff training and welfare

919yenPublic Bonds
e.g. principal and interest redemptionof Tokyo Metropolitan Bonds

447yenTax-related Expenses, etc.
e.g. subsidies to municipalities

Total

1,994yen
10,000yen※ Figures are rounded oﬀ to the nearest one yen.

17

※ All works in this brochure (text, photos, illustrations, etc.) are subject to protection
under copyright law. With the exception of cases that do not require the permissionof the copyright owner under copyright law, none of the works can be duplicatedor reproduced without permission.
The Guide to Tokyoʼs FY2021 Budget (issued March 2021)
Edited and issued by the Finance Section, Budget Division, Bureau of Finance,
Tokyo Metropolitan Government (Phone: 03 (5388) 2669)

The Tokyo Metropolitan Government Bureauof Finance is working for the success of theOlympic and Paralympic Games Tokyo 2020.