Unaudited Supplementary Financial Information

Financial Performance Information - Parliamentary Appropriations

Overview

For 2004-2005, Parliament had approved planned spending for the CCRA in the amount of $3,232.2 million through the Main Estimates, as shown in CCRA's 2004-2005 to 2006-2007 Corporate Business Plan. A carry-forward from 2003-2004 of unused funds accounts for an additional $217.6 million in authorities, of which $106.5 million was transferred to the Canada Border Services Agency (CBSA). In addition, $156.6 million in corporate services authorities were transferred to CBSA subsequent to the Main Estimates.

Other increases include: $74.6 million for collective agreements, mainly due to the agreement signed with PSAC December 10, 2004 (previous contract expired November 2003); Tax Rules for Registered Charities represented an additional $10.2 million; the 2003 Omnibus Submission increased funding by $5.5 million; Government On-Line, $5 million; and Money Laundering (CCRA portion) provided another $2 million. Offsetting these increases, the CCRA returned $24.8 million in funding to the Treasury Board pending the approval of the Offshore Trusts Initiative legislation. The Agency also contributed an additional $12 million to the $1B Government Reallocation Exercise (bringing the total to $31 million in 2004-2005). Finally, a net decrease of $21.5 million is comprised mainly of an Employee Benefit Plan rate reduction offset by Maternity and Severance. This resulted in a total approved planned spending of $3,225.7 million for 2004-2005, representing an in-year decrease of 0.2% over the original Main Estimates.

Actual spending for the CCRA totalled some $3,051 million resulting in $174.7 million unexpended at year-end. After removing $9.3 million (reversal of payments to Justice Canada), and $33.7 million related to Vote 5, Contribution to the Ministère du Revenu du Québec, the remaining $131.7 million in operating funds is available for use by the organization in 2005-2006. This lapse represents 4.3% of the final authorities of 3,055.5 million (after adjusting for the Justice and Contribution authorities).

The $131.7 million carry forward to 2005-2006 will be used to offset operating pressures such as: enhancements to existing Agency investment projects, $34 million; enhancements to tax integrity (compliance strategy) $36.5 million; horizontal initiatives meant to improve service to Canadians (Government On-Line, National Collections Call Centre), $6 million; business sustainability projects, $14.4 million; initiatives related to trust and integrity such as Security Modernization, $8 million; etc.

Date modified:

2005-10-26