Sentences with phrase «main estimates spending»

No reconciliation between the Main Estimates spending number and the budget forecast was provided.

There is also a full reconciliation of budget expenses (accrual basis) for 2018 - 19 and Main Estimates spending (modified cash basis) for 2018 - 19.

In previous blogs, we have detailed the differences in concepts and coverage between Budget expenses and Main Estimates spending.

Not exact matches

The main estimates are one of the mechanisms that actually give departments and agencies the authority to spend public funds.

Third, the Budge presents expenses on a gross basis whereas spending is on a net basis in the Main Estimates.

If the government fails to table Main Estimates on or prior to March 1st, it can not undertake spending on any of the voted items until Parliamentary approval is granted.

Yet, according to the Main Estimates for 2011 - 12, «voted» spending is only expected to be $ 4.4 billion lower.

The Budget would then provide the basis for the Main Estimates and the statutory spending estimates in the Main Estimates would be identical to those in thEstimates and the statutory spending estimates in the Main Estimates would be identical to those in thestimates in the Main Estimates would be identical to those in thEstimates would be identical to those in the Budget.

Comparing Spending in the Main Estimates And Spending in the budget has become like comparing apples and oranges.

In contrast, the Main Estimates are on a cash basis of accounting, recognizing spending only when a transfer has been made or a service delivered.

This implies that the Budget should be tabled in late January or in early - to mid-February, in order to give the Treasury Board Secretariat time to make the Main Estimates of spending consistent with the economic assumptions and spending decisions underlying the Budget.

With the upcoming tabling of the 2013 Budget, there will again be major differences between the Main Estimates and the Budget for total spending.

Under what are referred to as «supply» rules in Parliament, Main Estimates, which detail the Government's spending intentions for the upcoming fiscal year, must be referred to the appropriate Parliamentary Standing Committees for review before March 1st.

The Main Estimates exclude a number of spending components included in the Budget.

The above two accounting differences explain about $ 30 billion of the difference between the Budget estimates of spending and those in the Main Eestimates of spending and those in the Main EstimatesEstimates.

New spending initiatives proposed in the Budget are not incorporated in the Main Estimates until the Treasury Board has officially approved them.

This is not, however, the case of the Main Estimates, where some revenues are netted against related spending.

It is doubtful that the recent classification changes announced by the Department of Finance will be reflected in the Main Estimates, thereby increasing the confusion between spending in the Main Estimates and in the Budget and related documents.

There is absolutely no reason why the Main Estimates of government spending can not be put on the same basis as the Budget estimates of Estimates of government spending can not be put on the same basis as the Budget estimates of estimates of spending.

Five of the seven budgets of the government have been tabled after the Main Estimates, thereby making the budget estimates of spending inconsistent with the Main Estimates of government Estimates, thereby making the budget estimates of spending inconsistent with the Main Estimates of government estimates of spending inconsistent with the Main Estimates of government Estimates of government spending.

There is a fourth source of spending information — The Main and Supplementary Estimates, which provide detailed spending information by departments and agencies.

For example, refundable tax credits such as the Canada Child Tax Benefit, the Working Income Tax Benefit, the Scientific Research and Experiment Development Tax Credit, among others, are classified as expenses in the Budget, but are not included as spending in the Main Estimates.

Reconciliation of Spending: Estimates and November 2012 Update ($ billions) 2012 - 13 2013 - 14 Difference Main Estimates Voted 92.0 87.1 -4.9 Statutory 160.0 165.5 5.5 Total 251.9 252.5 0.6 Supplementary Estimates Voted 6.7 Statutory 0.4 Total 7.1 Total Estimates Voted 98.7 87.1 -11.6 Statutory 160.4 165.5 5.1 Total 259.0 252.5 -6.5

There is no rational as to why they are not classified as spending in the Main and Supplementary Estimates.

Budget Omnibus Bills should be restricted to proposed tax changes only and all proposed spending initiatives should be presented either through the Main Estimates or through separate legislation, submitted to the applicable Parliamentary Committee for review.

This meant that Main Estimates of government spending, which were tabled on February 28, 2012, were based on economic assumptions presented in the previous Fall 2011 Update and not those in the 2012 budget.

There is no reason why the Main Estimates of government spending can not be on the same basis as the Budget estimates of Estimates of government spending can not be on the same basis as the Budget estimates of estimates of expenses.

The government provides information to Parliament on its spending intentions through the Main Estimates, tabled before March 1st of the preceding fiscal year, and Supplementary Estimates tabled during the course of the fiscal year under review.

There has always been a discrepancy between the Main Estimates and the Public Accounts when it comes to government spending.

In the budget, program spending is forecast to go up and in the Main Estimates tabled in the same month spending is forecast to go down.

Reconciliation of Spending: Estimates and Budget 2013 ($ billions) 2012 - 13 2013 - 14 Difference Main Estimates Voted 91.9 87.1 -4.9 Statutory 160.0 165.5 5.5 Total 251.9 252.6 0.7 Supplementary Estimates Voted 6.7 1.1 Statutory 0.4... Total 7.1 1.1 Total Estimates Voted 98.5 88.2 -10.3 Statutory 160.4 165.5 5.1 Total 259.0 253.6 -5.4

Supplementary Estimates include the cost of budget measures, which were not sufficiently developed in time for inclusion in the Main Estimates or unexpected spending requirements.

The current government has provided few reconciliations between the Budget spending projections and Main Estimates and none between the fall update projections and the Main Estimates..

[2] Main Estimates for 2011 - 12: They tell us very little about what Government Spending will be» www.3dpolicy.ca March 2011

The Main Estimates consist of three components: Part I, which provides an overview of federal spending for the upcoming fiscal year; Part II which supports the Appropriation Act and provides details of the spending to be included in the Appropriation Act; and Part III which includes Reports on Plans and Priorities (RPPs), which provide details on the spending plans for all departments and agencies.

If the government fails to table Main Estimates on or prior to March 1st, it would not be able to undertake spending on any of the «voted «items until Parliamentary approval were granted.

Traditionally, the Budget was tabled before the Main Estimates, so that the Main Estimates could be based on the Budget economic and spending projections.

The President of the Treasury Board indicated that, given that the Main Estimates are being tabled before the Budget, the Main Estimates for 2012 - 13 would not include the impact of any of the upcoming proposed spending reductions.

There are two types of spending in the Main Estimates: first, there are «voted» expenditures that require annual approval from Parliament; and second, there are «statutory» expenditures (e.g., major transfers to the provinces and individuals) for which legislation was previously approved setting out the specific terms and conditions under which payments can be made.

When Budget 2014 was tabled before Main Estimates 2014 - 15, we were naively hoping that the President of the Treasury Board would provide a detailed reconciliation between spending in the Main Estimates and spending in the Budget for 2014 - 15.

It is very difficult, if not impossible, to reconcile spending in the Main Estimates with spending in the budget.

Total estimated annual income rises to $ 100,322 from $ 88,332 due to three main factors: 1) I increased the rent of my single family house (Rental Property 1) after spending about a month trying to find new tenants after my old tenants decided to cut the lease short by 1.5 months.

The Parliamentary Budget Office (PBO) has recently begun to provide analytical notes on the Main and Supplementary Estimates to assist parliamentarians in their scrutiny of the government spending.

The spending estimates, which are tabled by the President of the Treasury Board on behalf of the Government, consist of the Main Estimates, tabled usually a month before the upcoming fiscal year, and a number of Supplementary Estimates tabled during the course of that fisestimates, which are tabled by the President of the Treasury Board on behalf of the Government, consist of the Main Estimates, tabled usually a month before the upcoming fiscal year, and a number of Supplementary Estimates tabled during the course of that fisEstimates, tabled usually a month before the upcoming fiscal year, and a number of Supplementary Estimates tabled during the course of that fisEstimates tabled during the course of that fiscal year.

Comparing Main Estimates to Main Estimates, one would think that spending is to decline by $ 10.4 billion between 2010 - 11 and 2011 - 12.

In our view, tabling the Budget after the Main Estimates undermines the usefulness and credibility of the spending forecasts in the Main Estimates.

For 2016 - 17, the Budget forecast total expenses of $ 317.1 billion, while the Main Estimates projected total spending of $ 250.1 billion, $ 67 billion lower.

Supplementary Estimates include spending requirements included in the Budget which were not sufficiently developed in time for inclusion in the Main Estimates or have been subsequently refined to reflect current developments.

The Update also included a large number of spending initiatives (about $ 10 billion over six years), thereby ensuring that these initiatives would be included in Main Estimates for 2018 - 19 as part of efforts to increase transparency and accountability between the budget expenses and the Main Estimates expenditures.

Under current House rules, Main Estimates must be tabled on or before March 1st in order for the Government to receive interim supply (a spending authority) for the period from the beginning of the fiscal year to late June, when the Main Estimates are formally approved by Parliament.