The Public Accounts of Ontario 2015-16
The Public Accounts looks back at the government’s revenues and expenses. It compares the province’s financial performance with the goals outlined in the budget.
Overview
The report presents the government’s financial statements and provides a picture of how finances were managed over the last fiscal year (April 1 to March 31).
The Auditor General reviews the Public Accounts before it is released and gives an opinion on whether Ontario is following independently established accounting standards.
Public Accounts are made up of:
- an annual report
- consolidated financial statements
- three supporting volumes
It is typically released in the fall of the following fiscal year.
As part of our Open Government initiative, you can find additional tools, features and tables to make the government’s financial information easier to access, use and understand.
Annual report
The annual report is a high-level summary of the fiscal year’s results. It includes financial statements, analyzes the state of the province’s finances and outlines achievements for the fiscal year.
Read the annual report (2015-16)
See the government’s five-year trends
If you require this information, please contact infoTBS@ontario.ca. We will:
- acknowledge your request within 3 business days
- provide you with the content within 15 business days
Consolidated financial statements
These statements compare government revenues to its expenses (the cost of providing programs and services and financing debt). The result is the annual surplus or deficit. These statements also display the budget plan and last year’s numbers for comparison.
Read the consolidated financial statements (2015-16)
Volume 1: ministry statements and schedules
Volume 1 contains ministry statements, detailed schedules of debt and other items. This volume details where government revenue comes from, including taxes, non-tax revenue and income from enterprises (such as the LCBO), alongside the expenses of ministries.
Ministry spending
Health and Long-Term Care
Education
Finance
Community and Social Services
Training, Colleges and Universities
Select the show more/show less button to expand or hide the ministry spending bar chart.
Transportation
Children and Youth Services
Community Safety and Correctional Services
Attorney General
Tourism, Culture and Sport
Treasury Board Secretariat
Municipal Affairs and Housing
Economic Development, Employment and Infrastructure / Ministry of Research and Innovation
Energy
Agriculture, Food and Rural Affairs
Northern Development and Mines
Government and Consumer Services
Natural Resources and Forestry
Environment and Climate Change
Labour
Citizenship, Immigration and International Trade
Office Of The Assembly
Aboriginal Affairs
Cabinet Office
Office of the Chief Electoral Officer
Office of the Auditor General
Ombudsman Ontario
Office of Francophone Affairs
Office of the Premier
Office of the Lieutenant Governor
Capital assets by ministry
This bar chart visualizes ministry capital assets in Ministry Statements and Schedules of the 2015-16 Public Accounts. Click the show more/show less button to expand or hide the bar chart.
Transportation
Northern Development and Mines
Natural Resources and Forestry
Treasury Board Secretariat
Community Safety and Correctional Services
Select the show more/show less button to expand or hide the ministry spending bar chart.
Tourism, Culture and Sport
Attorney General
Health and Long-Term Care
Economic Development, Employment and Infrastructure/Research and Innovation
Training, Colleges and Universities
Government and Consumer Services
Community and Social Services
Environment and Climate Change
Education
Children and Youth Services
Finance
Volume 2: financial statements of government organizations and business enterprises
Volume 2 contains the individual financial statements of government organizations, business enterprises and other financial statements. These organizations and enterprises include agencies, such as Metrolinx and Hydro One, and organizations like the Workplace Safety and Insurance Board.
Volume 3: detailed schedules of payments
Volume 3 contains the transfer payments made by ministries to recipients that are not a part of the Government of Ontario, such as hospitals, community agencies and schools. It also includes payments to vendors for goods and services, such as third-party staffing agencies, consultants and telecom providers.