Ministry of Finance - Summary

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MINISTRY OF FINANCE - THE ESTIMATES, 2004-05 - Summary

The Ontario Ministry of Finance manages the economic, fiscal, and financial policies of the Government of Ontario. To do this, the ministry develops economic and fiscal strategies, plans and manages government operating and capital expenditures, develops tax policies and administers the provincial tax system, and produces the provincial budget. The ministry also manages the Consolidated Revenue Fund, including raising money, establishing the government's financial controls, and reports on financial matters. In addition, it develops policies for Ontario's financial services sector and supports the regulation of institutions and intermediaries carrying on business in the province.

MINISTRY OF FINANCE - Operating Summary

OPERATING EXPENSES

Accrual 2004-05 Estimates PROGRAMS Change from 2003-04 Accrual 2003-04 Estimates Cash 2002-03 Actual
$   $ $ $
OPERATING        
103,530,446 Ministry Administration Program 9,575,311 93,955,135 87,324,636
573,476,700 Tax Policy, Budget and Revenue Operations Program (374,468,900) 947,945,600 457,409,607
1,145,559,900 Economic, Fiscal, and Financial Policy Program 362,352,000 783,207,900 1,098,708,567
47,783,000 Financial Services Industry Regulation Program 5,653,100 42,129,900 40,176,504
832,000 Central Agencies Information and Information Technology Cluster Program - 832,000 -
10,329,022,000 Treasury Program 1,621,022,000 8,708,000,000 8,647,365,674
12,200,204,046 Ministry Total Operating 1,624,133,511 10,576,070,535 10,330,984,988
- Less: Special Warrants (969,400,000) 969,400,000 -
10,387,074,446 Less: Statutory Appropriations 1,620,833,611 8,766,240,835 8,647,424,347
1,813,129,600 < TOTAL OPERATING TO BE VOTED 972,699,900 840,429,700 1,683,560,641
12,200,204,046 Ministry Total Operating 1,624,133,511 10,576,070,535  
16,136,000 Net Consolidation Adjustment - Ontario Financing Authority 4,136,000 12,000,000  
56,219,000 Net Consolidation Adjustment - Ontario Securities Commission 4,861,000 51,358,000  
11,628,400 Net Consolidation Adjustment - Ontario Strategic Infrastructure Financing Authority 11,628,400 -  
1,159,000,000 Net Consolidation Adjustment - Ontario Electricity Financial Corporation 1,159,000,000 -  
13,443,187,446 TOTAL INCLUDING CONSOLIDATION AND OTHER ADJUSTMENTS 2,803,758,911 10,639,428,535  

RECONCILIATION TO PREVIOUSLY PUBLISHED DATA - Operating

DETAILS Accrual 2003-04 Estimates Cash 2002-03 Actual
OPERATING $ $
1. Previously Published Data    
1.1 2003-04 Printed Estimates 10,602,544,735  
1.2 2002-03 Public Accounts   10,360,805,763
2 . Government Reorganization    
2.1 Transfer of functions to other Ministries (26,474,200) (29,820,775)
  10,576,070,535 10,330,984,988

OPERATING ASSET EXPENDITURES

Accrual 2004-05 Estimates PROGRAMS Change from 2003-04 Accrual 2003-04 Estimates Cash 2002-03 Actual
$   $ $ $
OPERATING        
Assets        
3,800,000 Tax Policy, Budget and Revenue Operations Program 99,000 3,701,000 -
- Treasury Program (1,000,000,000) 1,000,000,000 -
3,800,000 Ministry Total Assets (999,901,000) 1,003,701,000 -
- Less: Statutory Appropriations (1,000,000,000) 1,000,000,000 -
3,800,000 < TOTAL ASSETS TO BE VOTED 99,000 3,701,000 -

MINISTRY OF FINANCE - Capital Summary

CAPITAL EXPENSES

Accrual 2004-05 Estimates PROGRAMS Change from 2003-04 Accrual 2003-04 Estimates Cash 2002-03 Actual
$   $ $ $
CAPITAL        
- Treasury Program (2,000,000) 2,000,000 112,857,827
- Ministry Total Capital (2,000,000) 2,000,000 112,857,827
- Less: Statutory Appropriations (2,000,000) 2,000,000 112,857,827
- < TOTAL CAPITAL TO BE VOTED - - -
- Ministry Total Capital (2,000,000) 2,000,000  
1,100,000 Net Consolidation Adjustment - Ontario Financing Authority (100,000) 1,200,000  
3,230,000 Net Consolidation Adjustment - Ontario Securities Commission 1,630,000 1,600,000  
4,330,000 TOTAL INCLUDING CONSOLIDATION AND OTHER ADJUSTMENTS (470,000) 4,800,000  

RECONCILIATION TO PREVIOUSLY PUBLISHED DATA - Capital

DETAILS Accrual 2003-04 Estimates Cash 2002-03 Actual
CAPITAL $ $
1. Previously Published Data    
1.1 2003-04 Printed Estimates 255,358,000
1.2 2002-03 Public Accounts 115,947,276
2 . Government Reorganization (253,358,000) (3,089,449)
2.1 Transfer of functions to other Ministries 2,000,000 112,857,827