2003/04 Annual Service Plan Report -- Ministry of Transportation

2003/04 Resource Summary — Ministry of Transportation

	Total Estimated	Actual	Variance
Operating Expenses ($000)¹
Highway Operations	454,815	441,172	13,643
Transportation Improvements	13,536	15,538	(2,002)
Motor Carrier Regulation	1,804	1,721	83
Public Transportation	348,157	344,735	3,422
Executive and Support Services	16,054	16,357	(303)
Total	834,366	819,523	14,843
Full-time Equivalents (FTEs)²
Highway Operations	964	1,014	(50)
Transportation Improvements	290	216	74
Motor Carrier Regulation	19	17	2
Executive and Support Services	112	76	36
Total	1,385	1,323	62
Ministry Capital Expenditures (CRF) ($000)
Highway Operations	5,150	4,696	454
Transportation Improvements	974	399	575
Executive and Support Services	326	362	(36)
Total	6,450	5,457	993
Other Financing Transactions ($000)³
Prepaid Capital Advances (Public Transportation)	46,390	17,127	29,263
Revenue ($000)⁴
Total Receipts	47,816	77,618	29,802


¹	The ministry manages its operating budget to the bottom line by monitoring expenditures during the year, identifying potential savings and cost pressures, and reallocating funds accordingly. The total surplus resulted from savings realized in the Road and Bridge Maintenance program due to the signing of 10-year contracts with the maintenance contractors, and from recoveries from the BCTFA for a portion of the gas tax the BCTFA collects which is intended in part to support inland ferry routes.
²	FTE staff usage was under budget due to the voluntary departure and early retirement incentive programs.
³	Prepaid Capital Advances are made to support Public Transportation around the province. The variance is due primarily to planned Rapid Transit Project 2000 expenditures being spread over three years.
⁴	The majority of the ministry's reported revenue comes from Coquihalla tolls ($45.9 million in 2003/04) and from investment revenues from the province's new investment in British Columbia Ferry Services Inc ($28.5 million in 2003/04).