Thank you, Mr. Chair. Just an initial comment: Mr. McCormick had mentioned the 2017-2018 actuals. If you look at the farthest right-hand column, you will see the $23 million, which represents the value of the capital assets. The capital assets are actually owned by the GNWT, so they are not actually part of the revolving fund, but they are just shown for informational purposes here. That $23 million is carried forward through the years, which is why you see the $35 million of the accumulated surplus at end-of-year in the projection of 2019-2020. Now, because those assets aren't owned by the revolving fund, the actual accumulated surplus is $23 million less than that, and it is $12 million. I do understand that it is a little bit confusing, how these information pages have been laid out, and we will be working with the Department of Finance next year to improve how these pages are shown within the main estimates to make it clearer. Thank you, Mr. Chair.
Ms. Robertson on Consideration In Committee Of The Whole Of Bills And Other Matters
In the Legislative Assembly on February 25th, 2019. See this statement in context.
Consideration In Committee Of The Whole Of Bills And Other Matters
Consideration In Committee Of The Whole Of Bills And Other Matters
February 25th, 2019
Page 4997
Robertson
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