CRA Annual Report to Parliament 2011-2012 (PDF - Agence du ...

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Financial Performance Information – Parliamentary Appropriations Introduction This section of the Canada Revenue Agency (CRA) Annual Report to Parliament 2011-2012 provides the details of the CRA’s resource management performance for the purpose of reporting to Parliament on the use of appropriations in 2011-2012. This complements the information provided in the spending profile sections under each chapter and satisfies the reporting requirements set for departmental performance reports. Financial reporting methodologies The CRA’s funding is provided by Parliament through annual appropriations (modified cash accounting basis) and, in this section, the CRA reports its expenditures and performance to Parliament, together with details on the management of Parliamentary appropriations on the same basis. In addition to the above reporting requirements, the CRA is also required to prepare its annual financial statements in accordance with the accounting principles applied in preparing the financial statements of the Government of Canada (full accrual accounting basis). Accordingly, the Statement of Operations and Agency Net Financial Position – Agency Activities on page 83 includes certain items such as sservices provided without charge from other government agencies and departments. A reconciliation can be found in note 3 on page 90. CRA financial information Activities of the Canada Revenue Agency Canada Revenue Agency 2011-2012 Main Estimates 1 Planned Spending 2 Total Authorities 3 1 Spending authorized by Parliament at the beginning of the fiscal year. 2 Main Estimates authorities plus other amounts anticipated to be authorized during the fiscal year. 3 Total spending authorized by Parliament during the fiscal year. The Financial Statements - Agency Activities reports $3,913.6 million as total Parliamentary appropriations used (note 3 on page 90 shows the reconciliation to the net cost of operations). The difference from the $4,351.3 million reported in this section is explained by the following three items reported in the Financial Statements - Administered Activities: the statutory disbursements to provinces under the Softwood Lumber Products Export Charge Act, 2006, $213.9 million; the Children’s Special Allowance payments, $223.5 million; and other miscellaneous items, $0.3 million. Overview For 2011-2012, Parliament approved $4,293.0 million through the Main Estimates, as shown in the CRA’s 2011-2012 Report on Plans and Priorities. The 2011-2012 Main Estimates were adjusted to include: $178.0 million for the carryforward from 2010-2011; $101.4 million for maternity and severance payments; ANNUAL REPORT 2011-2012 CANADA REVENUE AGENCY (in thousands of dollars) 4,293,046 4,293,803 4,610,141 Actual Spending 4,351,292
$73.9 million for increased disbursements to provinces under the Softwood Lumber Products Export Charge Act, 2006; $19.1 million for the implementation of various tax measures announced in the 2011 Federal Budget; $14.8 million for increased Respendable Revenue mainly to provide services to the Canada Border Services Agency; $6.2 million to begin the upgrade of the personal income tax processing system; $1.5 million for Court Awards and Crown Assets Disposal; $1.0 million for increased Government advertising campaigns; and $0.3 million due to other miscellaneous items. These increases were offset by the following reductions: $72.3 million for the transfer to Shared Services Canada of e-mail, data centre and network responsibilities; $3.5 million for decreased statutory Children’s Special Allowance payments; $3.2 million for decreased employee benefits plan costs; and $0.1 million transferred to the Treasury Board Secretariat to support the National Managers’ Community. This resulted in total approved authorities of $4,610.1 million for 2011-2012, representing an in-year increase of 7.4% over the Main Estimates. Of the $4,610.1 million total authority, CRA’s actual spending totalled $4,351.3 million resulting in $258.8 million remaining unexpended at year-end. After deducting unused resources related to Government advertising campaigns and a frozen allotment for the Foreign Investment Entities and Non-Resident Trusts legislative initiative which has not yet received Royal Assent, the remaining $248.3 million is available for use by the CRA in 2012-2013 under its statutory two-year spending authority. This amount represents 5.4% of the total authority. The CRA’s two-year spending authority enables the CRA to be more strategic in its use of public funds by taking a multi-year view of plans and budgets. The financial flexibility in 2011-2012 was somewhat higher than usual due to restraint measures introduced by the CRA during the latter half of the fiscal year in response to the Operating Budget freeze implemented by the Government in Budget 2010. This increased carryforward was part of the CRA’s strategy to address unfunded operating pressures in 2012-2013, including previously approved salary increases for employees. Revenues administered by the Canada Revenue Agency Total revenues administered by the CRA amount to some $332.0 billion in 2011-2012, an increase of 6.6% from the $311.3 billion administered in 2010-2011. 2011-2012 2010-2011 (in thousands of dollars) Federal Government 198,323,243 191,023,845 Provincial, Territorial Governments and First Nations 94,609,448 83,085,151 Canada Pension Plan 39,026,598 37,177,356 Total 331,959,289 311,286,352 CANADA REVENUE AGENCY 143 ANNUAL REPORT 2011-2012
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Finally, the Board continued to exa
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[our mission] ANNUAL REPORT 2011-20
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12 we issued 111 million benefit an
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Given the importance of the benefit
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[conclusion] During 2011-2012, we a
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value of the payments processed was
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[providing information] web site Th
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There has been a substantial increa
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[voluntary disclosures] The Volunta
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ANNUAL REPORT 2011-2012 we identifi
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Specialized program areas also use
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pre-payment review of GST/HST refun
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to 2.3% of Gross Domestic Product i
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Our performance measures for addres
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[services] service complaints Our S
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Indicator 2010-2011 2011-2012 Chang
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improving our human resources capac
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developed a strategy for managing t
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Board of Management Oversight Frame
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[board’s priorities and accomplis
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[management of personnel] Against a
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[committee membership and director
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ANNUAL REPORT 2011-2012 CANADA REVE
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ANNUAL REPORT 2011-2012 [service st
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ANNUAL REPORT 2011-2012 Service Sta
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Claims - video and film tax credits
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challenges and exceptions advance i
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ANNUAL REPORT 2011-2012 [other item
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Benefit programs and benefit-relate
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D Dispute - General term to designa
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ANNUAL REPORT 2011-2012 CANADA REVE
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Canada Revenue Agency Audited Finan
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Opinion In my opinion, the financia
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Expenses (note 8) Statement of Oper
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Statement of Cash Flows - Agency Ac
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2. Summary of significant accountin
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(k) Contingent liabilities Continge
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Page 93 and 94: 6. Accounts receivable and advances
Page 95 and 96: 8. Segmented information - Expenses
Page 97 and 98: 10. Related party transactions The
Page 99 and 100: 12. Board of Management Pursuant to
Page 101 and 102: Financial Statements Discussion and
Page 103 and 104: Discussion and analysis Analysis of
Page 105 and 106: Non-financial assets Non-financial
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Page 111 and 112: Canada Revenue Agency Statement of
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Page 117 and 118: Expenses and Recoveries. Except for
Page 119 and 120: 5. Amounts payable to taxpayers The
Page 121 and 122: the CRA administers. It does not in
Page 123 and 124: 15. Pension contributions, interest
Page 125 and 126: Individual and Trust Income Tax Ind
Page 127 and 128: Income Tax Revenues - Individual an
Page 129 and 130: sales tax credits. This was partial
Page 131 and 132: summary information as of March 31,
Page 133 and 134: 1.5 Significant changes in fiscal y
Page 135 and 136: A delegated authorities matrix whic
Page 137 and 138: Control frameworks The CRA uses the
Page 139 and 140: The CRA will move into an ongoing a
Page 141: Canada Revenue Agency - Unaudited S
Page 145 and 146: Performance Summary (in thousands o
Page 147: Authorities approved after Main Est
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