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

1	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.
2	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.
3	Beginning in 1997/98, a portion of hotel room tax is dedicated to the Tourism BC Crown corporation.
4	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.
5	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.
6	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.
7	The British Columbia Endowment Fund was dissolved effective June 30, 1995.
8	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.
9	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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