Report B -- Table B1 -- Summary of Transactions Consolidated Revenue Fund

Report B: FISCAL REVIEW AND OUTLOOK

TABLE B1
SUMMARY OF TRANSACTIONS
CONSOLIDATED REVENUE FUND

Budget
Estimate
1998/99

Revised
Forecast
1998/99

Budget
Estimate
1999/00

($ millions)

Revenue¹

20,441.0

20,224.0

20,155.0

Program Expenditure

19,656.0

19,891.8

20,105.0

Program Surplus (Deficit)

785.0

332.2

50.0

Management of Public Funds and Debt

880.0

876.2

940.0

Surplus (Deficit)

(95.0)

(544.0)

(890.0)

Net Receipts (Disbursements) from Financing and Working Capital Transactions²

(300.0)

(543.5)

(542.0)

Decrease (Increase) in Cash and Short-Term Investments

120.0

372.5

—

Net (Increase) Decrease in Provincial Government Direct Operating Debt³

(275.0)

(715.0)

(1,432.0)

1	Excludes revenue collected on behalf of, and transferred to, Crown corporations, agencies and other entities. Details are shown in Table H5
2	Financing and working capital transactions represent either a source or use of funds, such as the payment or collection of loans and accounts payable/receivable, or non-cash transactions including allowances for doubtful accounts, capital depreciation, and amortizations of reductions to unfunded pension liabilities. They do not cause a change in the annual surplus (deficit) but only a change in the composition of the provincial government's assets and liabilities.
3	Represents direct debt incurred for government operating purposes. (For information on total provincial debt, including Crown corporations and agencies, see Table H7.)