2017-18 Departmental Plan spending and human resources
D
Budgetary Planning Summary for Programs and Internal Services:
| Programs and Internal Services | 2014-15 Expenditures | 2015-16 Expenditures | 2016-17 Forecast Spending | 2017-18 Main Estimates |
2017-18 Planned Spending | 2018-19 Planned Spending | 2019-20 Planned Spending |
|---|---|---|---|---|---|---|---|
| Enterprise Development | 173,992,156 | 171,964,203 | 189,199,474 | 170,058,923 | 170,058,923 | 165,171,923 | 164,291,923 |
| Community Development | 90,659,999
|
91,402,846
|
105,710,784
|
104,552,144
|
104,552,144
|
87,732,144
|
87,732,144
|
| Policy, Advocacy and Coordination | 12,444,235
|
11,828,235
|
13,636,086
|
10,966,274
|
10,966,274
|
10,691,274
|
10,441,274
|
| Subtotal | 277,096,390 | 275,195,284 | 308,546,344 | 285,577,341 | 285,577,341 | 263,595,341 | 262,465,341 |
| Internal Services | 28,176,701
|
26,413,684
|
27,587,040
|
25,967,603
|
25,967,603
|
25,967,603
|
25,967,603
|
| Total | 305,273,091 | 301,608,968 | 336,133,384 | 311,544,944 | 311,544,944 | 289,562,944 | 288,432,944 |
In the 2017-18 Main Estimates, the Agency’s available funding is $311.5 million. This represents a decrease of $24.6 million from 2016-17 forecast spending of $336.1 million. This variance is explained by:
- a $24.2 million decrease in parliamentary authorities received after the tabling of the 2016‑17 Main Estimates, for which similar authorities are expected to be received in 2017-18
- $22.3 million decrease related to the collection of repayable contributions. An adjustment is required yearly to account for collections in excess of the base amount included in the reference levels; and
- a $1.9 million decrease resulting from the operating budget carry forward.
- A $0.1 million increase in temporary initiatives
- a $2.4 million increase in funding to support the Spruce Budworm Outbreak Intervention Initiatives – ACOA component; and
- a $2.3 million decrease related to a reduction in the amount transferred to the Department of National Defence in support of a specific project.
- a $0.5 million decrease for the conclusion of operational funding for the administration of the Building Canada Fund.
In 2018-19 planned spending is $289.6 million, a $21.9 million decrease from the $311.5 million in 2017-18 Main Estimates, due to:
- a $16.6 million decrease for the conclusion of Canada 150 Infrastructure Program;
- a $4.9 million decrease in funding to support the Spruce Budworm Outbreak Intervention Initiatives – ACOA Component; and
- a $0.4 million decrease related to a reduction in the amount transferred from the Department of National Defence.
In 2019-20, planned spending is $288.4 million, a $1.2 million decrease from the $289.6 million in 2018-19 planned spending, due to:
- a $1.0 million decrease in support for specific projects in innovation, commercialization and community development in New Brunswick;
- a $0.3 million decrease related to a reduction in the amount transferred from the Department of National Defence; and
- a $0.1 million increase related to other minor adjustments.
Planned human resources
Human Resource Planning Summary for Programs and Internal Services: (FTEs)
| Programs and Internal Services | 2014-15 FTEs |
2015-16 FTEs |
2016-17 Forecast FTEs | 2017-18 Planned FTEs | 2018-19 Planned FTEs | 2019-20 Planned FTEs |
|---|---|---|---|---|---|---|
| Enterprise Development | 218
|
208
|
222
|
222
|
222
|
222
|
| Community Development | 95
|
102
|
103
|
101
|
101
|
101
|
| Policy, Advocacy and Coordination | 60
|
64
|
69
|
68
|
68
|
68
|
| Subtotal | 373
|
374
|
394
|
391
|
391
|
391
|
| Internal Services | 197
|
199
|
199
|
199
|
199
|
199
|
| Total | 570
|
573
|
593
|
590
|
590
|
590
|
Other than the increase in FTEs from 2015-16 to 2016-17 due to the dissolution of the Enterprise Cape Breton Corporation, there are no significant changes in FTEs over the upcoming fiscal years.
Estimates by vote
For information on ACOA’s organizational appropriations, consult the 2017-18 Main Estimates.
Future-Oriented Condensed Statement of Operations
The Future‐Oriented Condensed Statement of Operations provides a general overview of ACOA’s operations. The forecast of financial information on expenses and revenues is prepared on an accrual accounting basis to strengthen accountability and to improve transparency and financial management.
Because the Future‐Oriented Condensed Statement of Operations is prepared on an accrual accounting basis, and the forecast and planned spending amounts presented in other sections of this report are prepared on an expenditure basis, amounts may differ.
A more detailed Future‐Oriented Statement of Operations and associated notes, including a reconciliation of the net cost of operations to the requested authorities, are available on the Agency’s website.
Future-Oriented Condensed Statement of Operations For the Year Ended March 31, 2018 (dollars)
| Financial Information | 2016-17 Forecast Results | 2017-18 Planned Results | Difference (2017-18 Planned Results minus 2016‑17 Forecast Results) |
|---|---|---|---|
| Total expenses | 258,979,793 | 259,132,291 | 152,498 |
| Total revenues | 13,265 | 18,392 | 5,127 |
| Net cost of operations before government funding and transfers | 258,966,528 | 259,113,899 | 147,371 |
Planned total expenses for fiscal year 2017-18 are $259.1 million, a slight increase of $152,498 compared to the 2016-17 forecast results.
Of the planned expenses, $111.1 million, (42.9%) will be spent in the Enterprise Development program, $106.3 million (41%) in Community Development, and $12.2 million (4.7%) in Policy, Advocacy and Coordination. Internal Services will represent $29.5 million (11.4%).
The planned expenses do not include unconditionally repayable contributions transfer payments, which are estimated to be $62.1 million. These are classified as assets.
Total revenues represent the gain on disposal of tangible capital assets.