Budget 97: Reports -- Table B2

The following electronic version is for
informational purposes only.
The printed version remains the official version.

BUDGET 97: REPORTS
Ministry of Finance and Corporate Relations
Province of British Columbia

TABLE B2
REVENUE BY SOURCE ¹
CONSOLIDATED REVENUE FUND
		Budget Estimate 1996/97	Revised Forecast 1996/97	Budget Estimate 1997/98	Increase (Decrease) ³
		($ millions)			(per cent)
Taxation Revenue:
	Personal income	5,230.0 ²	5,290.0	5,297.0	0.1
	Corporation income	1,450.0	1,355.0	1,023.0	(24.5)
	Social service	3,151.0	3,051.0	3,142.0	3.0
	Property	1,275.0	1,262.0	1,295.0	2.6
	Fuel	673.0	662.0	623.0	(5.9)
	Other	1,479.0	1,446.0	1,472.0	1.8
	Less: commissions on collections of public funds	(26.0)	(26.0)	(27.0)	3.8
		13,232.0	13,040.0	12,825.0	(1.6)
Natural Resource Revenue:
	Petroleum, natural gas and minerals	431.0	475.0	395.0	(16.8)
	Forests	1,700.0	1,397.0	1,387.0	(0.7)
	Water and other	270.0	271.0	295.0	8.9
		2,401.0	2,143.0	2,077.0	(3.1)

Other Revenue		2,018.0	1,922.0	2,204.0	14.7
Contributions from Government Enterprises		1,112.0	1,148.0	1,401.0	22.0
Contributions from the Federal Government:
	Canada health and social transfer	1,798.0	1,775.0	1,580.0	(11.0)
	Other	111.0	179.0	199.0	11.2
		1,909.0	1,954.0	1,779.0	(9.0)
TOTAL REVENUE		20,672.0	20,207.0	20,286.0	0.4

1	Revenue amounts exclude dedicated revenue collected on behalf of, and transferred to, Crown corporations and agencies.
2	To conform to the 1997/98 budget estimate, the 1996/97 estimate has been restated to reflect a change in the basis of accounting for the BC Family Bonus entitlement, a portion of which is deducted from revenue. This change increases the 1996/97 revenue estimate by $13 million.
3	Percentage change between the 1996/97 revised forecast and the 1997/98 budget estimate.

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