Japanese fiscal balance of its local governments (LGs) is overseen by the Annual Local Finance Plan which is formulated through the coordination between the Ministry of Finance and Ministry of General Affairs.It secures the balanced budget with a certain amount of supplementary sources such as the Local Allocation Tax (LAT) system and a deficit-covering bond which is issued by LGs and scheduled to be redeemed by LAT.This macro-management scheme has stabilized the financial status of Japanese LGs although some financially vulnerable LGs went bust after forging their problems.However, this macro-management has some fears to cause over or under estimates of their future burden.To solve this problem, we should try to formulate whole of government statements as soon as possible.