Alberta Budget 2004-2009

1. Alberta Budget2004-2009

2. Alberta Revenue 2004-2007

3. Non-Renewable Resource Revenue • Natural gas and by-products royalty • Crude oil royalty • Synthetic crude oil and bitumen royalty • Coal royalty • Bonuses and sales of Crown leases • Rentals and fees • Royalty tax credit

4. Premiums, Fees and Licenses • Health care insurance premiums • Motor vehicle licenses • Crop and hail insurance premiums • Timber rentals and fees • Land titles • other

5. Net Income from Commercial Operations • Alberta Gaming and Liquor Commission • Gaming and lottery revenue • Liquor revenue • Alberta Treasury Branches • Other

6. Investment Income • Alberta Heritage Savings Trust Fund • Alberta Capital Finance Authority • Agriculture Financial Services Corporation • Sustainability Fund

7. Debt Retirement Account • Endowment Funds • Medical Research • Science and Engineering Research • Scholarship • Capital Account • Other

8. Transfers from Government of Canada • Health transfers • Canada Social Transfer • Agriculture support programs • other

9. Other Taxes • School property tax • Tobacco tax • Fuel tax • Freehold mineral rights tax • Insurance taxes • Hotel room tax/ Tourism levy

10. Income Taxes • Corporate income tax • Personal income tax

11. 2004-2005 Revenue($23 Billion)

12. 2005-2006 Revenue$27.3 Billion

13. 2006-2007 Revenue$32.4 Billion

15. Capital Budget

16. Static Areas of the Budget • Schools

17. Static Areas of the Budget • Health Facilities and Equipment

18. Static Areas of the Budget

19. New Programs • Capital for Emergent Projects • Introduced in Budget 2006 • Provides capital for projects that arise between planning cycles • Can include roads, schools, health and post secondary facilities • Housing • Introduced in Budget 2008 • Increases the supply of affordable and barrier-free housing, transitional housing and seniors housing • Cost Escalation for Approved Projects • Introduced in Budget 2008 • Addresses cost escalation on approved projects and accommodates capital maintenance and renewal requirements to maintain existing infrastructure.

20. Increase in Capital Spending

21. Increase in Municipal Spending “Many of the pressures arising from the province’s growth are most evident at the municipal level, and the government is committed to providing Alberta’s municipalities with long-term sustainable funding to meet their infrastructure needs”

22. Operational Budget • Majority of operational costs had an increase in spending from 2004 to 2008. • The increases were generally very predictable and did not deviate far from patterns set in previous years. • Trends continued into the Stelmach regime from the Klein regime.

23. Health and Wellness

24. Education • 2004 – 5.7% total increase to education spending. • 2005 – 13.4% total increase to education spending. • 2006: • 5.1% increase to K-12 education spending. • 16% increase to post-secondary education spending. • 2007: • $5.6 billion increase to K-12 education spending. • 10.1% increase to post-secondary education spending. • 2008 – 4.3% total increase to education spending.

25. Education

26. Policing

27. Community Development