GOUVERNEMENT DU QUÉBEC
BUDGETARY REVENUE
2003-2004 FORECAST
(in millions of dollars)
| | | ||
|---|---|---|---|
| Own-source revenue | |||
| Income and property taxes | |||
| Personal income tax | 17 186 | ||
| Contributions to the Health Services Fund | 4 706 | ||
| Corporate taxes1 | 3 887 | ||
| 25 779 | |||
| Consumption taxes | |||
| Sales | 9 064 | ||
| Fuel | 1 616 | ||
| Tobacco | 934 | ||
| 11 614 | |||
| Duties and permits | |||
| Motor vehicles | 689 | ||
| Alcoholic beverages | 158 | ||
| Natural resources2 | 128 | ||
| Other | 183 | ||
| 1 158 | |||
| Miscellaneous | |||
| Sales of goods and services | 471 | ||
| Interest | 402 | ||
| Fines, forfeitures and recoveries | 384 | ||
| 1 257 | |||
| Revenue from government enterprises | |||
| Société des alcools du Québec | 550 | ||
| Loto-Québec | 1 389 | ||
| Hydro-Québec | 1 530 | ||
| Other | 641 | ||
| 4 110 | |||
| Consolidated organizations | 2 166 | ||
| Total own-source revenue | 46 084 | ||
| Federal transfers | |||
| Programs | |||
| Equalization | 5 200 | ||
| Canada Health and Social Transfer | 4 273 | ||
| EPF and other transfers related to fiscal arrangements | 15 | ||
| Other programs | 683 | ||
| Consolidated organizations | 395 | ||
| Total federal transfers | 10 566 | ||
| Total budgetary revenue | 56 650 | ||
GOUVERNEMENT DU QUÉBEC
BUDGETARY EXPENDITURE
2003-2004 FORECAST
(in millions of dollars)
| | | |
|---|---|---|
| Operating expenditure | ||
| Program spending | -46 593 | |
| Consolidated organizations | -1 567 | |
| Total operating expenditure | -48 160 | |
| Debt service | ||
| Consolidated Revenue Fund | -6 968 | |
| Consolidated organizations | -713 | |
| Total debt service | -7 681 | |
| Total budgetary expenditure | -55 841 | |
GOUVERNEMENT DU QUÉBEC
NON-BUDGETARY TRANSACTIONS
2003-2004 FORECAST
(in millions of dollars)
| | | ||
|---|---|---|---|
| Investments, loans and advances | |||
| Consolidated Revenue Fund | -2 066 | ||
| Consolidated organizations | -385 | ||
| Total investments, loans and advances | -2 451 | ||
| Capital expenditures | |||
| Consolidated Revenue Fund | |||
| Net investments | -336 | ||
| Depreciation | 221 | ||
| -115 | |||
| Consolidated organizations | -1 367 | ||
| Total capital expenditures | -1 482 | ||
| Retirement plans | |||
| Contributions | 5 243 | ||
| Benefits and other payments | -3 132 | ||
| Total retirement plans | 2 111 | ||
| Other accounts | |||
| Consolidated Revenue Fund | 851 | ||
| Consolidated organizations | -103 | ||
| Total of other accounts | 748 | ||
| Total non-budgetary transactions | -1 074 | ||
GOUVERNEMENT DU QUÉBEC
FINANCING TRANSACTIONS
2003-2004 FORECAST
(in millions of dollars)
| | | ||
|---|---|---|---|
| Change in cash position | |||
| Consolidated Revenue Fund | 4 053 | ||
| Consolidated organizations | 60 | ||
| Total change in cash position | 4 113 | ||
| Change in direct debt | |||
| Consolidated Revenue Fund | |||
| New borrowings | 1 682 | ||
| Repayment of borrowings | -3 850 | ||
| -2 168 | |||
| Consolidated organizations | |||
| New borrowings | 2 810 | ||
| Repayment of borrowings | -1 296 | ||
| 1 514 | |||
| Total change in direct debt | -654 | ||
| Retirement plans sinking fund | -2 385 | ||
| Total financing of transactions | 1 074 | ||
