|
ESTIMATED CONSOLIDATED REVENUE FUND REVENUE |
|||||||
|
$000 |
|||||||
|
Estimates |
Revised Forecast |
Estimates |
|||||
|
2001/02 1, 2 |
2001/02 1, 2 |
2002/03 1, 2 |
|||||
|
Taxation Revenue |
|||||||
|
4,935,000 |
5,355,000 |
Personal income 3 .............................................................................................. |
4,854,000 |
||||
|
1,154,000 |
1,520,000 |
Corporation income ............................................................................................. |
779,000 |
||||
|
3,664,000 |
3,535,000 |
Social service.................................................................................................... |
3,802,000 |
||||
|
1,406,000 |
1,397,000 |
Property 4 .......................................................................................................... |
1,425,000 |
||||
|
416,000 |
400,000 |
Fuel.................................................................................................................. |
395,000 |
||||
|
1,382,000 |
1,417,000 |
Other................................................................................................................ |
1,385,000 |
||||
|
(24,000) |
(36,000) |
Less commissions on collection of public funds ....................................................... |
(30,000) |
||||
|
(25,000) |
(25,000) |
Less allowances for doubtful accounts .................................................................... |
(25,000) |
||||
|
12,908,000 |
13,563,000 |
Total Taxation Revenue.............................................................................. |
12,585,000 |
||||
|
Natural Resource Revenue |
|||||||
|
1,866,000 |
1,310,000 |
Petroleum, natural gas and minerals ...................................................................... |
1,370,000 |
||||
|
1,337,000 |
1,245,000 |
Forests.............................................................................................................. |
1,145,000 |
||||
|
790,000 |
653,000 |
Water and other.................................................................................................. |
350,000 |
||||
|
(2,000) |
(2,000) |
Less commissions on collection of public funds ....................................................... |
(1,000) |
||||
|
(10,000) |
(10,000) |
Less allowances for doubtful accounts .................................................................... |
(11,000) |
||||
|
3,981,000 |
3,196,000 |
Total Natural Resource Revenue ................................................................. |
2,853,000 |
||||
|
Other Revenue |
|||||||
|
904,000 |
947,000 |
Medical Services Plan premiums ......................................................................... |
1,299,000 |
||||
|
345,000 |
345,000 |
Motor vehicle licences and permits ........................................................................ |
347,000 |
||||
|
349,000 |
340,000 |
Other fees and licences ....................................................................................... |
358,000 |
||||
|
70,000 |
60,000 |
Investment earnings ............................................................................................ |
50,000 |
||||
|
220,000 |
237,000 |
Miscellaneous.................................................................................................... |
220,000 |
||||
|
— |
— |
Asset Dispositions .............................................................................................. |
— |
||||
|
(13,000) |
(15,000) |
Less commissions on collection of public funds ....................................................... |
(14,000) |
||||
|
(49,000) |
(73,000) |
Less allowances for doubtful accounts .................................................................... |
(66,000) |
||||
|
1,826,000 |
1,841,000 |
Total Other Revenue.................................................................................. |
2,194,000 |
||||
|
Contributions from Government Enterprises |
|||||||
|
Taxpayer-supported Crown Corporations and Agencies |
|||||||
|
16,000 |
15,000 |
British Columbia Buildings Corporation ............................................................ |
13,000 |
||||
|
2,000 |
7,000 |
Other.......................................................................................................... |
6,000 |
||||
|
18,000 |
22,000 |
Sub-total.................................................................................................. |
19,000 |
||||
|
Self-supported Crown Corporations and Agencies |
|||||||
|
616,000 |
627,000 |
Liquor Distribution Branch .............................................................................. |
640,000 |
||||
|
346,000 |
329,000 |
British Columbia Hydro and Power Authority ................................................... |
283,000 |
||||
|
429,000 |
444,000 |
British Columbia Lottery Corporation ............................................................... |
476,000 |
||||
|
2,000 |
2,000 |
Other.......................................................................................................... |
2,000 |
||||
|
1,393,000 |
1,402,000 |
Sub-total.................................................................................................. |
1,401,000 |
||||
|
1,411,000 |
1,424,000 |
Total Contributions from Government Enterprises ........................................... |
1,420,000 |
||||
|
NOTES |
|||||||
|
1 |
The 2001/02 Estimates and Revised Forecast amounts have been restated to conform to the 2002/03 Estimates Presentation (See Note 1 on page 4) |
||||||
|
2 |
Revenue amounts exclude dedicated revenue collected on behalf of, and transferred to, Crown corporations and agencies and other entities (see page 9). |
||||||
|
3 |
BC Family Bonus entitlements of $62 million (2001/02 Estimates: $80 million; 2001/02 Revised Forecast: $71 million), representing the portion of total entitlements paid to low income families to help reduce their provincial tax liability, are deducted from personal income tax revenue. The remainder is reported as program expense and is included in the BC Family Bonus vote. |
||||||
|
4 |
Revenue is net of home owner grants of $519 million (2001/02 Estimates: $505 million; 2001/02 Revised Forecast: $504 million). Home owner grants are claimed by eligible homeowners as, firstly, a reduction from gross residential (school purpose) taxes, and, secondly, from other property taxes. |
||||||
|
ESTIMATED CONSOLIDATED REVENUE FUND REVENUE |
||||||||
|
$000 |
||||||||
|
Estimates |
Revised Forecast |
Estimates |
||||||
|
2001/02 1 |
2001/02 1 |
2002/03 1 |
||||||
|
Contributions from the Federal Government |
||||||||
|
2,620,000 |
2,660,000 |
Canada health and social transfer ........................................................................ |
2,805,000 |
|||||
|
178,000 |
169,000 |
Other contributions ............................................................................................. |
181,000 |
|||||
|
2,798,000 |
2,829,000 |
Total Contributions from the Federal Government .......................................... |
2,986,000 |
|||||
|
22,924,000 |
22,853,000 |
Total Revenue...................................................................................... |
22,038,000 |
|||||
|
REVENUE COLLECTED FOR, AND TRANSFERRED TO, CROWN CORPORATIONS, AGENCIES, AND OTHER ENTITIES |
||||||||
|
197,400 |
199,700 |
Greater Vancouver Transportation Authority ................................................................. ............................................................................................................. |
241,900 |
|||||
|
203,500 |
201,300 |
BC Transportation Financing Authority ........................................................................ ............................................................................................................. |
203,200 |
|||||
|
168,000 |
168,000 |
Rural Area Property Taxes ....................................................................................... ............................................................................................................. |
182,000 |
|||||
|
136,600 |
137,000 |
Other Crown corporations, agencies and other entities 4................................................ ............................................................................................................. |
137,900 |
|||||
|
705,500 |
706,000 |
Total Dedicated Revenue 5 ........................................................................ |
765,000 |
|||||
|
NOTES |
||||||||
|
4 |
Includes British Columbia Ferry Corporation, British Columbia Transit, Tourism British Columbia, Oil and Gas Commission, British Columbia Racing Commission and tobacco tax collected on behalf of the Cowichan Tribes in respect of the Cowichan Tribes Agreement. |
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|
5 |
Individual transfers are reported in the Estimates as financing transactions (see Schedule F). |
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