MAIN HEADING: Ministry of Training, Colleges and Universities - THE ESTIMATES, 2014-15 - Summary

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Ministry of Training, Colleges and Universities - THE ESTIMATES, 2014-15 - Summary

The Ministry of Training, Colleges and Universities is committed to developing the best workforce in the world, to ensure a competitive advantage in the knowledge economy by creating accessible, affordable and high quality learning opportunities and systems with enhanced accountability.

MINISTRY PROGRAM SUMMARY
($)
VOTE PROGRAM

Estimates
2014-15

Estimates
2013-14

Difference
Between
2014-15
and
2013-14

Actual
2012-13

  OPERATING EXPENSE        
3001 Ministry Administration Program 22,981,600 20,187,300 2,794,300 19,625,245
3002 Postsecondary Education Program 6,203,131,000 6,166,299,600 36,831,400 5,899,356,192
3003 Employment Ontario Program 1,394,931,300 1,365,118,100 29,813,200 1,259,090,803
3004 Strategic Policy and Programs 24,540,200 24,803,800 (263,600) 17,471,778
Less: Special Warrants 2,155,831,400 - 2,155,831,400 -
  TOTAL OPERATING EXPENSE TO BE VOTED 5,489,752,700 7,576,408,800 (2,086,656,100) 7,195,544,018
  Special Warrants 2,155,831,400 - 2,155,831,400 -
  Statutory Appropriations 32,690,114 32,690,114 - 51,734,331
  Ministry Total Operating Expense 7,678,274,214 7,609,098,914 69,175,300 7,247,278,349
  Consolidation Adjustment - Schools (67,643,600) (57,986,000) (9,657,600) (56,835,180)
  Consolidation Adjustment - Colleges (122,833,700) (140,352,200) 17,518,500 (143,177,195)
  Consolidation Adjustment - Ontario Student Loan Trust (42,435,700) (39,793,200) (2,642,500) (27,403,018)
  Total Including Consolidation & Other Adjustments 7,445,361,214 7,370,967,514 74,393,700 7,019,862,956
  OPERATING ASSETS        
3002 Postsecondary Education Program 78,601,000 71,400,000 7,201,000 70,101,257
3003 Employment Ontario Program 2,001,000 3,000,000 (999,000) 1,520,300
Less: Special Warrants 44,005,700 - 44,005,700 -
  TOTAL OPERATING ASSETS TO BE VOTED 36,596,300 74,400,000 (37,803,700) 71,621,557
  Special Warrants 44,005,700 - 44,005,700 -
  Ministry Total Operating Assets 80,602,000 74,400,000 6,202,000 71,621,557
  CAPITAL EXPENSE        
3002 Postsecondary Education Program 284,194,700 197,711,200 86,483,500 154,862,300
3003 Employment Ontario Program 16,001,000 16,001,000 - 15,932,009
Less: Special Warrants 48,000,000 - 48,000,000 -
  TOTAL CAPITAL EXPENSE TO BE VOTED 252,195,700 213,712,200 38,483,500 170,794,309
  Special Warrants 48,000,000 - 48,000,000 -
  Statutory Appropriations 3,071,100 1,567,300 1,503,800 1,246,674
  Ministry Total Capital Expense 303,266,800 215,279,500 87,987,300 172,040,983
  Consolidation Adjustment - Colleges 90,156,300 146,355,100 (56,198,800) 153,761,149
  Total Including Consolidation & Other Adjustments 393,423,100 361,634,600 31,788,500 325,802,132
  CAPITAL ASSETS        
3002 Postsecondary Education Program 9,407,100 9,852,500 (445,400) 9,345,985
Less: Special Warrants 2,360,000 - 2,360,000 -
  TOTAL CAPITAL ASSETS TO BE VOTED 7,047,100 9,852,500 (2,805,400) 9,345,985
  Special Warrants 2,360,000 - 2,360,000 -
  Ministry Total Capital Assets 9,407,100 9,852,500 (445,400) 9,345,985
           
  Ministry Total Operating and Capital Including Consolidation and Other Adjustments (not including Assets) 7,838,784,314 7,732,602,114 106,182,200 7,345,665,088
RECONCILIATION TO PREVIOUSLY PUBLISHED DATA