FAO RELEASES UPDATED INTERACTIVE EXPENDITURE ESTIMATES WEBPAGE
TORONTO, September 3, 2024 – Today, the Financial Accountability Office of Ontario (FAO) released an update to its Examining Ontario’s 2024-25 Expenditure Estimates webpage to include the following three additional ministries: Economic Development, Job Creation and Trade; Labour, Immigration, Training and Skills Development; and Solicitor General. This interactive webpage is designed to support Standing Committees’ review of the 2024-25 Expenditure Estimates.
The 2024-25 Expenditure Estimates sets out the fiscal year’s spending requirements for ministries and constitutes the government’s formal request to the Legislature for approval to spend the amounts as detailed in the Estimates. This interactive website allows users to review a ministry’s 2024-25 Expenditure Estimates and compare requested spending against actual spending over the previous three years from the major program (known as a ‘Vote’) to the standard account level of detail. In total, the FAO has prepared information for ten ministries, which account for 86 per cent of the Province’s 2024-25 spending plan in the 2024 Ontario Budget.
To learn more, visit the webpage here.
Quick Facts:
- Once approved by the Legislature in the Supply Act, the Expenditure Estimates become the legal spending authority for each ministry.
About the FAO:
Established by the Financial Accountability Officer Act, 2013, the Financial Accountability Office of Ontario (FAO) provides independent analysis on the state of the Province’s finances, trends in the provincial economy and related matters important to the Legislative Assembly of Ontario.
Visit our website or follow us on X and LinkedIn for more information on our reports.
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For further information, please contact:
Sophia Zhu l 416 931 5498 l SZhu@fao-on.org l fao-on.org