Ministry of Finance - Summary

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.

MINISTRY OF FINANCE - THE ESTIMATES, 2005-06 - 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

PROGRAMS

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

Ministry Administration Program   120,928,246 17,397,800 103,530,446 85,833,359
Tax Policy, Budget and Revenue Operations Program   586,142,600 15,867,100 570,275,500 542,110,185
Economic, Fiscal, and Financial Policy Program   843,236,800 (-302,323,100) 1,145,559,900 912,432,909
Financial Services Industry Regulation Program   501,000 (-47,282,000) 47,783,000 40,336,405
Central Agencies Information and Information Technology Cluster Program   831,000 (-1,000) 832,000 823,819
Results Office   3,117,200 (-84,000) 3,201,200 -
Treasury Program   8,670,919,000 (-1,658,103,000) 10,329,022,000 8,494,493,542
   
Ministry Total Operating Expenses   10,225,675,846 (-1,974,528,200) 12,200,204,046 10,076,030,219
Less: Statutory Appropriations   8,728,967,446 (-1,658,107,000) 10,387,074,446 8,563,188,328
   
TOTAL OPERATING EXPENSES TO BE VOTED   1,496,708,400 (-316,421,200) 1,813,129,600 1,512,841,891
Ministry Total Operating Expenses  
10,225,675,846
(-1,974,528,200) 12,200,204,046 10,076,030,219
Net Consolidation Adjustment - Ontario Financing Authority   15,843,000 (-293,000) 16,136,000 12,636,000
Net Consolidation Adjustment - Ontario Securities Commission   62,926,000 6,707,000 56,219,000 51,737,773
Net Consolidation Adjustment - Ontario Strategic Infrastructure Financing Authority   6,852,000 (-4,776,400) 11,628,400 5,664,000
Net Consolidation Adjustment - Ontario Electricity Financial Corporation   1,108,000,000 (-51,000,000) 1,159,000,000 1,112,000,000
Net Consolidations - Treasury Program   1,125,081,000 1,125,081,000 - 1,109,696,785
Net Consolidation and Other Adjustments   - - - (-62,304,492)
   
TOTAL INCLUDING CONSOLIDATION AND OTHER ADJUSTMENTS   12,544,377,846 (-898,809,600) 13,443,187,446 12,305,460,285

RECONCILIATION TO PREVIOUSLY PUBLISHED DATA - Operating

DETAILS

2004-05
Estimates
$

2003-04
Actual
$

1. Previously Published Data
   
1.1 2004-05 Printed Estimates
12,200,204,046  
1.2 2003-04 Public Accounts
  10,091,204,427
2. Government Reorganization
   
2.1 Transfer of functions to other Ministries
  (-15,174,208)
Totals 12,200,204,046 10,076,030,219


OPERATING ASSET EXPENDITURES

PROGRAMS

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

Tax Policy, Budget and Revenue Operations Program   4,289,600 489,600 3,800,000 3,401,000
   
Ministry Total Operating Asset Expenditures   4,289,600 489,600 3,800,000 3,401,000
   
TOTAL OPERATING ASSET EXPENDITURES TO BE VOTED   4,289,600 489,600 3,800,000 3,401,000

MINISTRY OF FINANCE - Capital Summary

CAPITAL EXPENSES

PROGRAMS

2005-06
Estimates
$

Change
from
2004-05
$

2004-05
Estimates
$

2003-04
Actual
$

Treasury Program   - - - 576,176
   
Ministry Total Capital Expenses   - - - 576,176
Less: Statutory Appropriations   - - - 576,176
   
TOTAL CAPITAL EXPENSES TO BE VOTED   - - - -
Ministry Total Capital Expenses  
-
- - 576,176
Net Consolidation Adjustment - Ontario Financing Authority   1,401,000 301,000 1,100,000 787,000
Net Consolidation Adjustment - Ontario Securities Commission   2,371,000 (-859,000) 3,230,000 3,233,401
Net Consolidation Adjustment - Ontario Strategic Infrastructure Financing Authority   773,000 773,000 - -
   
TOTAL INCLUDING CONSOLIDATION AND OTHER ADJUSTMENTS   4,545,000 215,000 4,330,000 4,596,577

RECONCILIATION TO PREVIOUSLY PUBLISHED DATA - Capital

DETAILS

2004-05
Estimates
$

2003-04
Actual
$

1. Previously Published Data
   
1.1 2003-04 Public Accounts
  11,840,477
2. Government Reorganization
   
2.1 Transfer of functions to other Ministries
  (-11,264,301)
Totals 0 576,176