Report on Resources

This section provides information on the ministry's operating expenditures, FTE staff allocation, and capital expenditures.

The table below shows operating information for each core business and is consistent with the Service Plan – 2004/05 to 2006/07.

2004/05 Resource Summary

Table 1: Service Plan

	Estimated1	Other Authorizations	Total	Actual	Variance (Actual minus Total Estimated)2
Operating Expenses ($000)
Improving British Columbia's Investment Climate and Competitiveness	3,891	0	3,891	3,098	(793)
Enhancing Economic Development Throughout British Columbia	19,142	86,655	105,797	106,182	385
Marketing and Promoting British Columbia	2,806	0	2,806	8,080	5,274
BC Olympic Games Secretariat, Sport and Culture	30,503	81,146	111,649	108,260	(3,389)
Executive and Support Services	86,672	17,556	104,228	102,246	(1,982)
Total	143,014	185,357	328,371	327,866	(505)
Full-time Equivalents (FTEs)
Improving British Columbia's Investment Climate and Competitiveness	47	0	47	47	0
Enhancing Economic Development Throughout British Columbia	13	0	13	13	0
Marketing and Promoting British Columbia	30	0	30	30	0
BC Olympic Games Secretariat, Sport and Culture	36	0	36	25	(11)
Executive and Support Services	31	0	31	31	0
Total	157	0	157	146	(11)
Ministry Capital Expenditures (CRF) ($000)
Improving British Columbia's Investment Climate and Competitiveness	75	0	75	75	0
Enhancing Economic Development Throughout British Columbia	0	0	0	0	0
Marketing and Promoting British Columbia	50	0	50	47	3
BC Olympic Games Secretariat, Sport and Culture	70	0	70	117	47
Executive and Support Services	275	0	275	133	(142)
Total	470	0	470	372	(98)

Explanations and Commentary

In addition to SBED's approved estimates budget of $143.014 million, the ministry received $5.46 million in funding from the contingencies vote to cover costs of the following activities: $0.56 million for employee leave liability, $0.95 million for security costs associated with the 2010 Olympic and Paralympic Winter Games and $3.95 million for grants and contributions to various organizations in the province.

Through the supplementary estimates process, the ministry also received $162.9 million in funding for reallocation of 2010 Winter Games venue funding ($30.0 million), grants to promote sports initiatives ($25.0 million), infrastructure grants ($68.9 million), tourism initiative grants ($14.0 million) and arts and culture grants ($25.0 million).

Operating Expenses includes $17.0 million made available through the Northern Development Initiative Trust Act. PAVCO prepares separate financial statements and Service Plan Reports.