This program develops and implements sound economic and fiscal strategies to stimulate economic growth and job creation; forecasts, monitors and reports on the performance of the Ontario economy; provides expertise and advice on sound economic design of government initiatives; develops demographic forecasts for Ontario; 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; assists the Minister of Finance and the government in formulating Ontario’s federal-provincial finance policy; develops, monitors and reports on the fiscal plan and results for the province; provides policy 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 advises on assessment and property tax policy, grants to municipalities, and education tax rates. It also monitors the fiscal and financial relationship between the province and the municipalities, including providing transfer payments to municipalities.
Treasury Board Office coordinates fiscal strategy, risk assessment and internal audit services for the Ontario Public Service, and supports Treasury Board/ Management Board of Cabinet by providing advice on the appropriate use of public resources to meet government priorities. The program also facilitates integrated supply chain and back-office leading practices in Ontario's broader public sector. It also reflects the transfer of dedicated electricity earnings from the Province to the Ontario Electricity Financial Corporation.
| VOTE -ITEM # |
STANDARD ACCOUNT BY ITEM AND SUB-ITEMS | |||
|---|---|---|---|---|
| OPERATING EXPENSE | ||||
| 1203-1 | Economic Policy | |||
| Salaries and wages | 7,204,800 | |||
| Employee benefits | 632,900 | |||
| Transportation and communication | 183,600 | |||
| Services | 289,600 | |||
| Supplies and equipment | 99,800 | |||
| Transfer payments | ||||
| Grants in support of Economic and Financial Services Policy Research | 12,026,800 | |||
| Subtotal | 20,437,500 | |||
| Less: Recoveries | 118,200 | |||
| Total Operating Expense to be Voted | 20,319,300 | |||
| 1203-5 | Provincial-Local Finance | |||
| Salaries and wages | 5,333,200 | |||
| Employee benefits | 559,100 | |||
| Transportation and communication | 223,000 | |||
| Services | 21,641,000 | |||
| Supplies and equipment | 115,000 | |||
| Total Operating Expense to be Voted | 27,871,300 | |||
| 1203-6 | Municipal Support Programs | |||
| Transfer payments | ||||
| Ontario Municipal Partnership Fund | 649,494,700 | |||
| Special Payments to Municipalities | 19,322,400 | |||
| One-time Municipal Assistance | 31,647,000 | |||
| Greater Toronto Area Pooling Compensation | 127,475,000 | 827,939,100 | ||
| Total Operating Expense to be Voted | 827,939,100 | |||
| 1203-8 | Treasury Board Office | |||
| Salaries and wages | 21,487,400 | |||
| Employee benefits | 2,798,800 | |||
| Transportation and communication | 1,358,100 | |||
| Services | 73,383,500 | |||
| Supplies and equipment | 1,069,000 | |||
| Transfer payments | ||||
| Supply Chain Management and Innovation Projects in the Broader Public Sector | 30,600,000 | |||
| Total Operating Expense to be Voted | 130,696,800 | |||
| Sub-Items: | ||||
| Fiscal Strategy and Coordination | ||||
| Salaries and wages | 10,468,800 | |||
| Employee benefits | 1,312,500 | |||
| Transportation and communication | 283,100 | |||
| Services | 3,145,600 | |||
| Supplies and equipment | 254,000 | 15,464,000 | ||
| Office of the Provincial Controller | ||||
| Salaries and wages | 6,878,600 | |||
| Employee benefits | 896,300 | |||
| Transportation and communication | 525,000 | |||
| Services | 34,267,900 | |||
| Supplies and equipment | 265,000 | 42,832,800 | ||
| Broader Public Sector Supply Chain Secretariat | ||||
| Salaries and wages | 4,140,000 | |||
| Employee benefits | 590,000 | |||
| Transportation and communication | 550,000 | |||
| Services | 35,970,000 | |||
| Supplies and equipment | 550,000 | |||
| Transfer payments | ||||
| Supply Chain Management and Innovation Projects in the Broader Public Sector | 30,600,000 | 72,400,000 | ||
| Total Operating Expense to be Voted | 130,696,800 | |||
| 1203-9 | Ontario Internal Audit | |||
| Salaries and wages | 20,722,300 | |||
| Employee benefits | 2,380,600 | |||
| Transportation and communication | 662,300 | |||
| Services | 3,830,400 | |||
| Supplies and equipment | 541,100 | |||
| Subtotal | 28,136,700 | |||
| Less: Recoveries | 22,477,300 | |||
| Total Operating Expense to be Voted | 5,659,400 | |||
| 1203-10 | Contingency Fund | |||
| Other transactions | 1,840,400,000 | |||
| Total Operating Expense to be Voted | 1,840,400,000 | |||
| 1203-12 | Ontario Electricity Financial Corporation Dedicated Electricity Earnings | |||
| Transfer payments | ||||
| Electricity Sector Dedicated Income | 324,000,000 | |||
| Total Operating Expense to be Voted | 324,000,000 | |||
| Statutory Appropriations | ||||
| Other transactions | ||||
| Statutory | Guarantees and Indemnities, the Financial Administration Act | 1,000 | ||
| Total Operating Expense for Economic, Fiscal, and Financial Policy Program | 3,176,886,900 | |||
| OPERATING ASSETS | ||||
| Statutory Appropriations | ||||
| Advances and recoverable amounts | ||||
| Statutory | Harmonized Sales Tax, the Financial Administration Act | 1,000 | ||
| 1203-11 | Broader Public Sector Supply Chain Secretariat | |||
| Deposits and prepaid expenses | 1,000 | |||
| Total Operating Assets to be Voted | 1,000 | |||
| Total Operating Assets for Economic, Fiscal, and Financial Policy Program | 2,000 | |||
| CAPITAL EXPENSE | ||||
| 1203-14 | Economic, Fiscal, and Financial Policy Program | |||
| Other transactions | 1,000 | |||
| Total Capital Expense to be Voted | 1,000 | |||
| Statutory Appropriations | ||||
| Other transactions | ||||
| Statutory | Amortization, the Financial Administration Act | 1,000 | ||
| Total Capital Expense for Economic, Fiscal, and Financial Policy Program | 2,000 | |||
| CAPITAL ASSETS | ||||
| 1203-13 | Economic, Fiscal and Financial Policy Program | |||
| Land and marine fleet | 1,000 | |||
| Total Capital Assets to be Voted | 1,000 | |||
| Total Capital Assets for Economic, Fiscal, and Financial Policy Program | 1,000 |
