British Columbia -- Budget '99
Ministry of Finance and Corporate Relations
Joy K. MacPhail, Minister

 Budget Reports
This electronic version is for informational purposes only.
The printed version remains the official version.

Report H:
SUPPLEMENTARY TABLES — continued

TABLE H5
REVENUE BY SOURCE1
CONSOLIDATED REVENUE FUND
Actual
1995/96		 Actual
1996/97		 Actual
1997/98		 Revised
Forecast
1998/99		 Budget
Estimate
1999/00		 Annual
Rate of
Growth
1995/96
to
1999/00
Taxation Revenue:
($ millions)
(per cent)
Personal income 4,993.1 5,289.8 5,362.0 5,493.0 5,374.0 1.9
Corporation income 1,225.2 1,347.3 1,137.7 1,100.0 847.0 (8.8)
Social service 2,999.6 3,076.3 3,243.2 3,148.0 3,190.0 1.6
Fuel 678.4 688.1 641.6 635.0 436.0 (10.5)
Tobacco 482.3 487.9 485.9 476.0 478.0 (0.2)
Property — residential (school    purpose) 480.5 493.1 502.1 506.0 512.0 1.6
Property — business (school purpose) 701.6 701.8 734.4 757.0 768.0 2.3
Property — rural area 63.3 62.3 62.0 64.0 65.0 0.7
Property transfer 266.1 313.3 310.3 215.0 216.0 (5.1)
Corporation capital 380.2 402.9 406.2 439.0 418.0 2.4
Insurance premium 175.7 168.6 176.0 197.0 198.0 3.0
Hotel room2 81.7 87.6 74.3 70.0 73.0 (2.8)
Horse racing 6.2 5.1 4.4 4.0 4.0 (10.4)
Less: commissions on collections of public funds (24.3) (24.9) (24.1) (24.0) (24.0) (0.3)
Less: allowances for doubtful accounts — (5.4) (12.8) (9.0) (9.0) 0.0
Total taxation revenue 12,509.6 13,093.8 13,103.2 13,071.0 12,546.0 0.1
 
Natural Resource Revenue:
Petroleum and natural gas:
Natural gas royalties 94.1 173.4 155.6 192.0 205.0 21.5
Permits and fees 168.1 205.8 214.0 104.0 120.0 (8.1)
Petroleum royalties 52.7 74.3 76.9 68.0 68.0 6.6
314.9 453.5 446.5 364.0 393.0 5.7
Minerals 77.5 47.2 51.8 49.0 29.0 (21.8)
Forests:
Timber sales 871.5 1,019.3 968.2 810.0 803.0 (2.0)
Small business forest enterprise program 312.6 323.1 317.9 199.0 220.0 (8.4)
Logging tax 134.1 40.4 13.5 13.0 13.0 (44.2)
Other forests revenue 29.7 25.1 64.7 55.0 37.0 5.7
1,347.9 1,407.9 1,364.3 1,077.0 1,073.0 (5.5)
Water resources 267.7 264.1 321.9 327.0 376.0 8.9
Wildlife Act 19.0 13.8 14.4 15.0 14.0 (7.4)
286.7 277.9 336.3 342.0 390.0 8.0
Less: commissions on collection of public funds (1.1) (1.0) (1.1) (1.0) (1.0) (2.4)
Less: allowances for doubtful accounts — — (0.6) (5.0) (4.0) 0.0
Total natural resource revenue 2,025.9 2,185.5 2,197.2 1,826.0 1,880.0 (1.9)
 
Other Revenue:
Medical Services Plan premiums 822.4 853.3 881.8 886.0 896.0 2.2
Motor vehicle licences and permits 326.3 321.9 316.3 329.0 334.0 0.6
Other fees and licences3 333.5 364.5 393.7 361.0 408.0 5.2
Investment earnings 50.8 52.1 47.8 43.0 48.0 (1.4)
British Columbia Endowment Fund4 27.7 — — — — —
Miscellaneous 277.6 217.7 231.5 256.0 219.0 (5.8)
Asset dispositions5 — — 24.0 63.0 84.0 0.0
Less: commissions on collection of public funds (25.2) (44.9) (76.2) (54.0) (27.0) 1.7
Less: allowances for doubtful accounts (10.9) (19.6) (19.4) (32.0) (34.0) 32.9
Total other revenue 1,802.2 1,745.0 1,799.5 1,852.0 1,928.0 1.7
 
Contributions from Government Enterprises:
Liquor Distribution Branch 567.1 587.8 609.3 614.0 620.0 2.3
British Columbia Hydro and Power Authority 114.8 279.3 369.0 320.0 348.0 31.9
British Columbia Lottery Corporation 244.2 266.2 281.4 367.0 424.0 14.8
British Columbia Buildings Corporation 12.0 10.0 20.0 2.0 246.0 112.8
Other6 29.5 4.8 — 52.0 41.0 8.6
Total contributions from government enterprises 967.6 1,148.1 1,279.7 1,355.0 1,679.0 14.8
 
Contributions from the Federal Government:
Canada health and social transfer7 2,222.1 1,775.0 1,637.0 1,948.0 2,208.0 (0.2)
Other8 172.0 179.9 199.5 172.0 144.0 (4.3)
Total contributions from the federal government 2,394.1 1,954.9 1,836.5 2,120.0 2,352.0 (0.4)
 
Less: Revenue Allowance:		 — — — — (230.0) —
 
TOTAL REVENUE		 19,699.4 20,127.3 20,216.1 20,224.0 20,155.0 0.6
 
DEDICATED REVENUE COLLECTED ON BEHALF OF, AND TRANSFERRED TO
CROWN CORPORATIONS AND AGENCIES, AND OTHER ENTITIES
British Columbia Transit9 87.0 81.8 87.2 95.0 8.5 (44.1)
Greater Vancouver Transportation Authority10 — — — — 185.0 0.0
B.C. Transportation Financing Authority11 62.3 62.5 118.6 124.0 170.0 28.5
BC Ferry Corporation12 — — — — 64.0 0.0
Tobacco Tax Amendment Act13 — — 0.4 1.6 1.6 0.0
Rural Area Property Taxes14 133.9 135.2 147.1 150.3 155.0 3.7
Tourism British Columbia2,15 — — 19.9 19.0 19.0 0.0
Oil and Gas Commission16 — — — 5.3 13.4 0.0
Forest Renewal BC17 451.7 485.3 482.8 174.0 114.0 (29.1)
Total Dedicated Revenue 734.9 764.8 856.0 569.2 730.5 (0.2)
 
1 Unless otherwise indicated, figures for prior years have been restated to be consistent with the presentation used in 1999/00. Consolidated revenue fund revenue amounts exclude dedicated revenue collected on behalf of, and transferred to, Crown corporations, agencies, and other entities.
2 Beginning in 1997/98, a portion of hotel room tax is dedicated to the Tourism BC Crown corporation.
3 For 1998/99, real estate earnings of the Crown Land Special Account include revenues previously recorded in other miscellaneous revenue and interest income. Total revenue is unaffected by the change.
4 The British Columbia Endowment Fund was dissolved effective June 30, 1995.
5 Includes revenue realized through dispositions of assets resulting from reviews of government properties, agencies and other assets to identify those assets surplus to government's needs.
6 Includes British Columbia Railway Company, British Columbia Systems Corporation, British Columbia Assets and Land Corporation (WLC Developments Ltd.) and other Crown corporations and agencies.
7 In 1996/97, the federal government introduced the Canada health and social transfer, replacing the former established programs financing and Canada assistance plan programs.
8 Includes education for native children, Young Offenders Act, National Training Act, and other federal/provincial cost sharing agreements.
9 For 1998/99 and prior years, figures include motor fuel (clear gasoline and diesel) tax collected in the Vancouver and Victoria regional transit areas. The Vancouver area tax rate is 4 cents/litre on motor fuel; the Victoria area tax rate is 2.5 cents/litre (increased from 1.5 cents/litre on July 1, 1997). Effective April 1, 1999 the estimate includes motor fuel tax collected in the Victoria regional transit area only, as a result of the creation of the Greater Vancouver Transportation Authority.
10 Effective April 1, 1999, includes 4 cents/litre on motor fuel (previously collected on behalf of BC Transit), social service tax on parking in the Vancouver transit area, plus an additional transfer of 4 cents/litre on motor fuel in Vancouver transit area (total surcharge on motor fuel in Vancouver transit area is 8 cents/litre).
11 Includes motor fuel tax and social service tax on short-term rentals of passenger vehicles. 1998/99 figure is based on a 2 cents/litre tax on motor fuels. The 1999/00 figure assumes an additional 1 cent/litre on clear fuels effective June 1, 1999.
12 Includes 1 cent/litre of motor fuel tax for the period April 1, 1999 to September 30, 1999, and 1.25 cents/litre for the period October 1, 1999 to March 31, 2000.
13 Includes tobacco tax collected on behalf of the Cowichan Tribes in respect of the Cowichan Tribes Agreement.
14 Includes local taxes collected on behalf of local governments in rural areas.
15 Includes a 1.65 per cent share of revenue raised from the 8 per cent provincial hotel room tax.
16 Includes fees collected under the Petroleum and Natural Gas Act and the Pipeline Act, and a levy assessed under the Oil and Gas Commission Levy Regulation.
17 Includes incremental stumpage and royalty revenue resulting from changes to rates introduced under the provincial government's Forest Renewal Plan on and after May 1, 1994.

 

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