Department of Finance

Department Overview

1998-1999 Supplementary Estimates No. 2

DISCLAIMER
These electronic documents are representative of the final printed publications. The Government of the Yukon assumes no responsibility for any discrepancies between an electronic copy and the printed publication. The printed versions of the documents stand as the official record.

ESTIMATES

SUPPLEMENTARY NO. 2
1998-99

Prepared by:
Department of Finance
Under the Direction of Management Board

1st Session of the 29th Legislature
Yukon Legislative Assembly
November, 1998
Whitehorse, Yukon

SUMMARIES

Financial Summary
Operation and Maintenance Expenditure Summary by Department/Corporation
Operation and Maintenance Recovery Summary by Department/Corporation
Capital Expenditure Summary by Department/Corporation
Capital Recovery Summary by Department/Corporation
Revenue Summary by Source
Revenue Summary by Department/Corporation

S-2
S-4
S-5
S-6
S-7
S-8
S-9

($000's)

		1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
INCOME:
	Territorial Revenue	80,610	(160)	80,450
	Canada Health and Social Transfer	15,908	831	16,739
	Established Programs Financing	0	502	502
	Transfer from Canada	277,861	14,298	292,159
	Transfer from Canada - Census (One-Time)	4,000	23,839	27,839
	Recoveries	58,773	9,240	68,013
TOTAL INCOME		437,152	48,550	485,702
LESS EXPENDITURES:
	Operation and Maintenance	370,410	7,951	378,361
	Capital	74,918	39,204	114,122
	Loan Interest	429	0	429
TOTAL EXPENDITURES		445,757	47,155	492,912
UNADJUSTED SURPLUS (DEFICIT) FOR THE YEAR		(8,605)	1,395	(7,210)
ADJUSTMENTS:
	Less: Contingency	4,500	(4,500)	0
SURPLUS (DEFICIT) FOR THE YEAR*		(13,105)	5,895	(7,210)
* The estimated unconsolidated accumulated surplus of the Government for March 31, 1999 is as follows (in thousands):
Accumulated Surplus, March 31, 1998 (excludesSpecial Operating Agency income of $1.454 million)		50,505
Plus: Estimated Annual Deficit for 1998-99		(7,210)
Estimated Accumulated Surplus, March 31, 1999		43,295

FINANCIAL SUMMARY (Cont'd) ($000'S)		1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
NET BUDGETARY EXPENDITURES:
OPERATION AND MAINTENANCE:
	Gross Budgetary Expenditures	370,410	7,951	378,361
	Less: Recoveries	35,846	(148)	35,698
	NET O and M EXPENDITURES	334,564	8,099	342,663
CAPITAL:
	Gross Budgetary Expenditures	74,918	39,204	114,122
	Less: Recoveries	22,049	9,388	31,437
	NET CAPITAL EXPENDITURES	52,869	29,816	82,685
LOAN INTEREST:
	Gross Budgetary Expenditures	429	0	429
	Less: Recoveries	878	0	878
	NET LOAN INTEREST	(449)	0	(449)
TOTAL BUDGETARY EXPENDITURES:
	Gross Budgetary Expenditures	445,757	47,155	492,912
	Less: Recoveries	58,773	9,240	68,013
	NET BUDGETARY EXPENDITURES	386,984	37,915	424,899
NET NON-BUDGETARY EXPENDITURES:
LOAN PRINCIPAL:
	Gross Expenditures	331	0	331
	Less: Recoveries	1,593	0	1,593
	NET LOAN PRINCIPAL	(1,262)	0	(1,262)
LOAN CAPITAL:
	Gross Expenditures	5,000	0	5,000
	Less: Recoveries	5,000	0	5,000
	NET LOAN CAPITAL	0	0	0

OPERATION AND MAINTENANCE
EXPENDITURE SUMMARY BY DEPARTMENT/CORPORATION
($000's)

VOTE	DEPARTMENT / CORPORATION	1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
01	Yukon Legislative Assembly	3,147	30	3,177
02	Executive Council Office	13,178	209	13,387
09	Community and Transportation Services	62,661	440	63,101
07	Economic Development	4,698	1,422	6,120
03	Education	81,083	391	81,474
12	Finance	1,684	2,360	4,044
16	Government Services	19,948	474	20,422
15	Health and Social Services	108,765	1,508	110,273
08	Justice	29,781	873	30,654
10	Public Service Commission	9,647	65	9,712
14	Renewable Resources	13,878	286	14,164
13	Tourism	8,889	64	8,953
11	Women's Directorate	409	4	413
22	Yukon Development Corporation	one dollar	0	one dollar
18	Yukon Housing Corporation	12,435	(187)	12,248
19	Yukon Liquor Corporation	one dollar	0	one dollar
23	Office of the Ombudsman	207	12	219
Total Expenditures		370,410	7,951	378,361

OPERATION AND MAINTENANCE
RECOVERY SUMMARY BY DEPARTMENT / CORPORATION
($000'S)

VOTE	DEPARTMENT / CORPORATION	1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
01	Yukon Legislative Assembly	0	0	0
02	Executive Council Office	6,383	0	6,383
09	Community and Transportation Services	2,431	47	2,478
07	Economic Development	20	160	180
03	Education	1,386	0	1,386
12	Finance	21	0	21
16	Government Services	206	66	272
15	Health and Social Services	13,873	(583)	13,290
08	Justice	1,353	(66)	1,287
10	Public Service Commission	45	0	45
14	Renewable Resources	815	0	815
13	Tourism	240	0	240
11	Women's Directorate	0	0	0
22	Yukon Development Corporation	0	0	0
18	Yukon Housing Corporation	9,073	228	9,301
19	Yukon Liquor Corporation	0	0	0
23	Office of the Ombudsman	0	0	0
Total Recoveries		35,846	(148)	35,698

CAPITAL
EXPENDITURE SUMMARY BY DEPARTMENT / CORPORATION
($000'S)

VOTE	DEPARTMENT / CORPORATION	1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
01	Yukon Legislative Assembly	5	0	5
02	Executive Council Office	296	0	296
09	Community and Transportation Services	26,023	13,448	39,471
07	Economic Development	7,270	2,751	10,021
03	Education	12,861	3,021	15,882
12	Finance	21	0	21
16	Government Services	6,230	3,551	9,781
15	Health and Social Services	3,154	2,243	5,397
08	Justice	599	335	934
10	Public Service Commission	35	16	51
14	Renewable Resources	1,844	196	2,040
13	Tourism	2,676	669	3,345
11	Women's Directorate	4	0	4
22	Yukon Development Corporation	0	16,000	16,000
18	Yukon Housing Corporation	13,895	(3,026)	10,869
23	Office of the Ombudsman	5	0	5
Total Expenditures		74,918	39,204	114,122

CAPITAL
RECOVERY SUMMARY BY DEPARTMENT / CORPORATION
($000'S)

VOTE	DEPARTMENT / CORPORATION	1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
01	Yukon Legislative Assembly	0	0	0
02	Executive Council Office	271	0	271
09	Community and Transportation Services	8,725	10,181	18,906
07	Economic Development	961	0	961
03	Education	0	1,058	1,058
12	Finance	0	0	0
16	Government Services	110	1,100	1,210
15	Health and Social Services	0	159	159
08	Justice	13	0	13
10	Public Service Commission	0	0	0
14	Renewable Resources	24	0	24
13	Tourism	0	15	15
11	Women's Directorate	0	0	0
22	Yukon Development Corporation	0	0	0
18	Yukon Housing Corporation	11,945	(3,125)	8,820
23	Office of the Ombudsman	0	0	0
Total Recoveries		22,049	9,388	31,437

REVENUE SUMMARY BY SOURCE
(000'S)

		1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
TAX REVENUE
	Personal Income Tax	39,639	(412)	39,227
	Corporate Income Tax	10,274	0	10,274
	Property Tax	2,321	(29)	2,292
	Grant-in-Lieu of Property Tax	270	0	270
	Fuel Oil Tax - Diesel	2,387	0	2,387
	Fuel Oil Tax - Other	4,193	0	4,193
	Insurance Premium Tax	798	0	798
	Tobacco Tax	5,514	0	5,514
	Liquor Tax	2,178	0	2,178
	TOTAL TAX REVENUE	67,574	(441)	67,133
OTHER REVENUE
	Liquor Profit	5,085	0	5,085
	Investment Income and Other Interest	799	280	1,079
	Licences, Fees, Registrations and Permits:
	Motor Vehicle	2,987	(367)	2,620
	Game and Campground	840	0	840
	Business and Professional	662	0	662
	Other	864	(132)	732
	Royalties (Oil and Gas)	500	500	1,000
	Fines	512	0	512
	Aviation Operations	669	0	669
	Miscellaneous	118	0	118
	TOTAL OTHER REVENUE	13,036	281	13,317
TOTAL REVENUE *		80,610	(160)	80,450
* Excludes Yukon Development Corporation

REVENUE SUMMARY CORPORATION
DEPARTMENT BY
($000'S)

VOTE	DEPARTMENT / CORPORATION	1998-99 VOTED TO DATE	SUPPLE- MENTARY NO. 2	1998-99 REVISED VOTE
01	Yukon Legislative Assembly	0	0	0
02	Executive Council Office	0	0	0
09	Community and Transportation Services	6,735	(393)	6,342
07	Economic Development	701	500	1,201
03	Education	66	10	76
12	Finance	63,309	(132)	63,177
16	Government Services	0	0	0
15	Health and Social Services	44	(10)	34
08	Justice	1,434	0	1,434
10	Public Service Commission	0	0	0
14	Renewable Resources	843	0	843
13	Tourism	215	(135)	80
11	Women's Directorate	0	0	0
22	Yukon Development Corporation	0	0	0
18	Yukon Housing Corporation	0	0	0
19	Yukon Liquor Corporation	7,263	0	7,263
23	Office of the Ombudsman	0	0	0
Total Revenue		80,610	(160)	80,450