Resource Summary

The following Resource Summary table provides the Ministry's estimated gross and net expenditures and FTEs by the five core business area previously discussed in this plan.

Core Business Areas 2006/07
Restated1		 2007/08
Estimates2		 2008/09
Plan		 2009/10
Plan
Operating Expenses ($000)
Small Business and Regulatory Reform        
Gross 3,655 3,695 3,730 3,759
Recoveries3        
Net 3,655 3,695 3,730 3,759
Revenue Programs        
Gross 46,732 47,621 48,396 49,045
Recoveries3 (26,609) (26,609) (26,609) (26,609)
Net 20,123 21,012 21,787 22,436
Revenue Solutions        
Gross 77,587 72,643 73,431 77,276
Recoveries3 (68,710) (63,441) (62,967) (66,658)
Net 8,877 9,202 10,464 10,618
Property Assessment Services        
Gross 2,897 2,897 2,897 2,897
Recoveries3 (2,896) (2,896) (2,896) (2,896)
Net 1 1 1 1
Executive and Support Services        
Minister's Office 438 438 438 438
Corporate Services        
Gross 51,201 51,616 50,653 54,904
Recoveries3 (26,000) (26,000) (26,000) (30,000)
Subtotal Net 25,201 25,616 24,653 24,904
Net 25,639 26,054 25,091 25,342
Total Gross 182,510 178,910 179,545 188,319
Total Recoveries3 (124,215) (118,946) (118,472) (126,163)
Total Net 58,295 59,964 61,073 62,156
Equivalents (FTEs)4
Small Business and Regulatory Reform 21 21 21 21
Revenue Programs 525 525 525 525
Revenue Solutions 133 133 133 133
Property Assessment Services 13 13 13 13
Executive and Support Services 199 199 199 199
Total FTEs 891 891 891 891
Capital Expenditures (Consolidated Revenue Fund) ($000)
Revenue Services 1,134      
Property Assessment Services 96 96 96 96
Executive and Support Services 10,576 10,792 10,792 10,792
Total Capital Expenditures 11,806 10,888 10,888 10,888
1  These amounts have been restated, for comparative purposes only, to be consistent with the presentation of the 2007/08 Estimates. Schedule A of the Estimates presents a detailed reconciliation.
2  These amounts correspond to the 2007/08 Estimates.
3  The Ministry's costs are partially recovered from within the Consolidated Revenue Fund or deducted from collected proceeds and recovered from revenue administered under statute by the Ministry. Refer to Appendix B. Property Assessment Service costs are fully recovered from BC Assessment, appellants to the board and other organizations.
4  FTEs — full-time equivalent employment is the estimate of a ministry's annual staff utilization. The term full-time equivalent is defined as the employment of one person for one full year or the equivalent (for example, the employment of two persons for six months each).

Explanations and Comments

Funding available to the Ministry for 2007/08 is $178.91 million. This includes an appropriation of $59.96 million and recoveries of $118.95 million.

The following pie chart presents the Ministry budget by core business area.

Ministry Budget by Core Business Area: 2007/08

The Ministry collects business information that provides an indication of the effectiveness of Ministry operations in identifying and collecting outstanding revenues owed to government. For example, the Ministry monitors internally the average tax assessment per audit position ($888,000 in 2005/06) and the average recovery per tax collection position ($3.56 million for the same year). These types of data reflect the balance between the resources allocated to the audit, compliance and debt collection and the revenue identified and recovered for government. More broadly, the Ministry administers approximately $20 billion dollars in revenue with a budget of $178.91 million.

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