The Public Accounts of Ontario 2023–24
The Public Accounts looks back at the government’s revenues and expenses. It compares the Ontario government’s financial performance with the goals outlined in the budget.
Overview
The Public Accounts presents the government’s financial statements and gives 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
- supplementary information
It is typically released in the fall of the following fiscal year.
Annual report
The annual report is a high-level summary. It includes financial statements and analysis, as well as achievements for the fiscal year.
Read the annual report (2023–24)
Download data from the annual report on the government’s five-year trends for:
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 include the budget plan and last year’s numbers for comparison.
Read the consolidated financial statements (2023–24)
Ministry Statements and Schedules
Ministry Statements and Schedules contains ministry statements, detailed schedules of debt and other items. This document details where government revenue comes from, including taxes, non-tax revenue and income from government business enterprises, alongside the expenses of ministries.
Read Ministry Statements and Schedules (2023–24)
Ministry spending
Health
Education
Children, Community and Social Services
Finance
Transportation
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Long-Term Care
Colleges and Universities
Energy
Solicitor General
Attorney General
Labour, Immigration, Training and Skills Development
Municipal Affairs and Housing
Infrastructure
Treasury Board Secretariat
Tourism, Culture, and Sport
Economic Development, Job Creation and Trade
Public and Business Service Delivery
Natural Resources and Forestry
Northern Development
Agriculture, Food and Rural Affairs
Mines
Environment, Conservation and Parks
Office of the Assembly
Seniors and Accessibility
Indigenous Affairs
Citizenship and Multiculturalism
Office of the Chief Electoral Officer
Cabinet Office
Ombudsman Ontario
Office of the Auditor General
Francophone Affairs
Office of the Premier
Office of the Lieutenant Governor
Detailed Schedules of Payments
Detailed Schedules of Payment 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.
Read Detailed Schedules of Payments (2023–24)
Financial statements of government organizations and business enterprises 2023–24
Find the individual financial statements of government organizations (including hospitals, colleges and school boards), trusts under administration (such as the Workplace Safety and Insurance Board), businesses and other organizations on their websites.