Report H: SUPPLEMENTARY TABLES


TABLE H5
REVENUE BY SOURCE 1
CONSOLIDATED REVENUE FUND

  Actual
1994/95
Actual
1995/96
Actual 2
1996/97
Revised
Forecast
1997/98
Budget
Estimate
1998/99
Annual
Rate of
Growth
to
1998/99
  ($ millions) (per cent)
Taxation Revenue:
  Personal income 4,707.2 4,993.1 5,289.8 5,409.0 5,432.0 3.6
  Corporation income 997.8 1,225.2 1,347.3 1,140.0 975.0 (0.6)
  Social service 2,884.4 2,999.6 3,076.4 3,242.0 3,283.0 3.3
  Fuel 666.7 678.4 688.1 643.0 643.0 (0.9)
  Tobacco 516.7 482.3 487.9 478.0 483.0 (1.7)
  Property -- residential
(school purpose)
469.6 480.5 493.1 505.0 515.0 2.3
  Property -- business
(school purpose)
690.0 701.6 701.8 722.0 751.0 2.1
  Property -- rural area 52.0 63.3 62.3 63.0 64.0 5.3
  Property transfer 339.1 266.1 313.3 308.0 310.0 (2.2)
  Corporation capital 399.6 380.2 402.9 410.0 409.0 0.6
  Insurance premium 156.7 175.7 168.6 175.0 192.0 5.2
  Hotel room 76.0 81.7 87.6 74.0 3 75.0 (0.3)
  Horse racing 6.9 6.4 5.4 5.0 6.0 (3.4)
  Less: commissions on
collections of public funds
(25.8) (24.6) (25.2) (25.0) (25.0) (0.8)
  Less: allowances for
doubtful accounts
-- -- (5.4) (11.0) (9.0) --
    Total taxation revenue 11,936.9 12,509.5 13,093.9 13,138.0 13,104.0 2.4
Natural Resource Revenue:
  Petroleum and natural gas:
    Natural gas royalties 130.8 94.1 173.4 150.0 155.0 4.3
    Permits and fees 219.5 168.1 205.8 222.0 163.0 (7.2)
    Petroleum royalties 49.8 52.7 74.3 75.0 75.0 10.8
      400.1 314.9 453.5 447.0 393.0 (0.4)
  Minerals 65.5 77.5 47.2 49.0 39.0 (12.2)
  Forests:
    Timber sales 4 1,031.0 871.5 1,019.3 945.0 873.0 (4.1)
    Small business forest
enterprise program
374.8 312.6 323.1 298.0 289.0 (6.3)
    Logging tax 69.1 134.1 40.4 10.0 25.0 (22.4)
    Other forests revenue 4 24.0 29.7 25.1 67.0 36.0 10.6
      1,498.9 1,347.9 1,407.9 1,320.0 1,223.0 (5.0)
  Water resources 261.8 267.7 264.1 321.0 300.0 3.5
  Wildlife Act 18.6 19.0 13.8 16.0 16.0 (3.7)
      280.4 286.7 277.9 337.0 316.0 3.0
  Less: commissions
on collection of public funds
(1.1) (1.1) (1.1) (1.0) (2.0) 16.1
  Less: allowances for
doubtful accounts
-- -- (0.3) -- (6.0) --
    Total natural resource revenue 2,243.8 2,025.9 2,185.1 2,152.0 1,963.0 (3.3)
Other Revenue:
  Medical Services Plan premiums 805.2 822.4 853.3 887.0 898.0 2.8
  Motor vehicle licences
and permits
306.1 326.3 321.9 331.0 337.0 2.4
  Other fees and licences 380.0 333.5 365.6 5 368.0 419.0 2.5
  Investment earnings 6 28.0 50.8 50.1 45.0 46.0 13.2
  British Columbia
Endowment Fund 7
80.2 27.7 -- -- -- --
  Miscellaneous 266.1 277.7 218.7 247.0 292.0 2.3
  Asset dispositions 8 -- -- -- 34.0 183.0 --
  Less: commissions on
collection of public funds
(24.5) (23.5) (45.1) (76.0) (77.0) 33.1
  Less: allowances for
doubtful accounts
-- -- (19.7) (25.0) (29.0) --
    Total other revenue 1,841.1 1,814.9 1,744.8 1,811.0 2,069.0 3.0
Contributions from Government Enterprises:
  Liquor Distribution Branch 568.5 567.1 587.8 608.0 635.0 2.8
  British Columbia Hydro
and Power Authority
198.0 114.8 279.3 369.0 373.0 17.2
  British Columbia
Lottery Corporation
235.4 244.2 266.2 291.0 386.0 13.2
  Other 9 26.0 41.5 14.8 20.0 155.0 56.3
    Total contributions from government enterprises 1,027.9 967.6 1,148.1 1,288.0 1,549.0 10.8
Contributions from the Federal Government:
  Canada health and
social transfer 10
2,242.7 2,222.1 1,775.0 1,620.0 1,720.0 (6.4)
  Other 11 219.8 172.0 180.0 201.0 166.0 (6.8)
    Total contributions from the federal government 2,462.5 2,394.1 1,955.0 1,821.0 1,886.0 (6.5)
Less: Revenue Allowance:         (130.0) --
TOTAL REVENUE 19,512.2 19,712.0 20,126.9 20,210.0 20,441.0 1.2

Unless otherwise indicated, figures for prior years have been restated to be consistent with the presentation used in 1998/99. Revenue amounts exclude dedicated revenue collected on behalf of, and transferred to, Crown corporations and agencies.
Revenues for 1996/97 have been restated to reflect a change in accounting policy to show allowances for doubtful collection of revenue accounts as deductions from revenue. Previously, these amounts were recorded as expenditures. The effect of this change reduces 1996/97 revenue by $25.4 million. Amounts for prior years have not been restated. This change does not affect the annual deficit.
Beginning in 1997/98, a portion of hotel room tax is dedicated to the Tourism BC Crown corporation.
Figures have been restated to reclassify revenue received from waste penalties as part of other forests revenue. Previously, these amounts were included as part of timber sales. This change does not affect total forests revenue.
Revenue for 1996/97 has been restated to reflect a change in accounting policy to exclude from revenue and expenditure, non-cash exchanges (of equivalent value) of Crown lands to third parties. The effect of this change reduces revenue by $17.5 million in 1996/97. Amounts for prior years have not been restated. This change does not affect the annual deficit.
Revenue amounts for 1994/95 to 1996/97 have been restated to reflect a change in accounting policy with respect to earnings of sinking funds held for government direct operating debt. Revenue earned from sinking fund investments is now recorded as a deduction from related interest expenditure. The effect of this change reduces revenue by $35.1 million in 1994/95, $88.6 million in 1995/96, and $81.6 million in 1996/97. This change does not affect the annual deficits.
The British Columbia Endowment Fund was dissolved effective June 30, 1995.
Includes estimated revenue to be realized through dispositions of assets resulting from reviews of government properties, agencies and other assets to identify those assets surplus to government's needs.
Includes British Columbia Buildings Corporation, British Columbia Railway Company, British Columbia Systems Corporation, WLC Developments Ltd. and other Crown corporations and agencies.
10  In 1996/97, the federal government introduced the Canada health and social transfer, replacing the former established programs financing and Canada assistance plan programs.
11  Includes education for native children, Young Offenders Act, National Training Act, and other federal/provincial cost sharing agreements.


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