Ministry of Finance - Vote 744

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The Expenditure Estimates are available in PDF and HTML versions. The PDF version is a format reflecting the true printed version. The HTML version is an accessible format.

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - VOTE 1203

This program develops and implements sound economic and fiscal strategies to stimulate economic growth and job creation;
develops the policy and legislative framework for Ontario’s financial services industry; develops and implements a fiscal and financial management framework for the public sector in Ontario; develops, monitors and reports on the fiscal plan and results for the Province; provides policy, training, and advice to clients, managers, and decision makers in the areas of accounting, fiscal and financial management, and fosters greater accountability and fiscal integrity in the public sector in Ontario. The program also coordinates and implements all financial aspects of the restructuring of Ontario electricity industry; manages the fiscal and financial relationship between the Province and the Municipalities.

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM 1203 - Summary

VOTE and item Accrual 2003-04 Estimates PROGRAM AND ACTIVITIES Cash 2002-03 Estimates Cash 2001-02 Actual
  $   $ $
1203   ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM    
         
OPERATING        
1 7,739,100 Economic Policy5 7,377,400 7,481,038
2 34,168,900 Fiscal and Financial Policy6 24,672,000 8,316,096
3 43,297,700 Integrated Financial Information System Project7 29,111,500 23,742,321
4 24,468,800 Ontario Electricity Restructuring8 371,448,200 927,852
5 8,940,900 Provincial-Local Finance Secretariat9 9,108,500 7,049,245
6 664,592,500 Community Reinvestment Strategy10 610,910,200 696,244,021
  783,207,900 Total Operating 1,052,627,800 743,760,573
  517,000,000 Less: Special Warrants 352,000,000 -
  266,207,900 Amount to be Voted 700,627,800 743,760,573

NOTE: Commencing in 2003-04, Estimates are presented on the accrual basis of accounting. Information for 2002-03 and earlier years is presented on the modified cash basis, and therefore comparison between 2003-04 and earlier year figures may not be meaningful. Differences between cash and accrual relate to adjustments such as timing of transfer payments and provisions for bad debts, that would increase or decrease the 2002-03 amounts had they been presented on the accrual basis.

Adjustments for this Ministry, if any, are indicated by superscripted references above and are explained on the page following the Ministry Summary - Reconciliation of 2002-03 Estimates from Cash to Accrual.

ECONOMIC, FISCAL, AND FINANCIAL POLICY PROGRAM - Standard Accounts Classification

OPERATING    
Economic Policy (1203-1)   $
Salaries and wages   5,785,600
Employee benefits   527,700
Transportation and communication   192,600
Services   940,800
Supplies and equipment   122,200
Transfer payments    
Grants in support of Economic and Financial Services Policy Research   170,200
    7,739,100
     
Fiscal and Financial Policy (1203-2)    
Salaries and wages   8,612,200
Employee benefits   1,054,100
Transportation and communication   776,900
Services   12,746,500
Supplies and equipment   479,200
Transfer payments    
Partnerships with the Broader Public Sector   10,500,000
    34,168,900
Integrated Financial Information System Project (1203-3)    
Salaries and wages   8,620,400
Employee benefits   1,011,900
Transportation and communication   550,800
Services   24,494,700
Supplies and equipment   8,619,900
    43,297,700
Ontario Electricity Restructuring (1203-4)    
Salaries and wages   708,000
Employee benefits   73,800
Transportation and communication   20,500
Services   855,500
Supplies and equipment   35,000
Other transactions    
Payments to the Ontario Electricity Financial Corporation   23,001,000
    24,693,800
Less: Recoveries   225,000
    24,468,800
Provincial-Local Finance Secretariat (1203-5)    
Salaries and wages   3,352,800
Employee benefits   373,600
Transportation and communication   215,000
Services   4,884,500
Supplies and equipment   115,000
    8,940,900
Community Reinvestment Strategy (1203-6)    
Transfer payments $  
Community Reinvestment Fund 649,000,000  
Special Payments to Municipalities 15,592,500  
    664,592,500
    664,592,500
Total Operating for Economic, Fiscal, and Financial Policy Program   783,207,900