Quarterly Financial Report: April 1 to June 30, 2024

Management statement for the quarter ended June 30, 2024​

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1.  Introduction

This quarterly financial report should be read in conjunction with the Main Estimates for fiscal year 2024-2025. It has been prepared by management, as required by section 65.1 of the Financial Administration Act and in the form and manner prescribed by the Treasury Board Directive on Accounting Standards: GC 4400 Departmental Quarterly Financial Report.

This quarterly report has not been subject to an external audit or review.

1.1  Authority and objectives

The Canada School of Public Service (the School) was created on April 1, 2004, when the legislative provisions of Part IV of the Public Service Modernization Act came into effect. The School is a departmental corporation in the Treasury Board portfolio, and its mission is set out in the Canada School of Public Service Act.

A summary description of the School's programs can be found in the 2024-2025 Departmental Plan.

1.2  Basis of presentation

This quarterly report has been prepared by management using expenditure-based accounting. The accompanying Statement of Authorities includes the School's spending authorities granted by Parliament, and those used by the department consistent with the Main Estimates for the 2024-2025 fiscal year. This quarterly report has been prepared using a special purpose financial reporting framework designed to meet financial information needs with respect to the use of spending authorities.

The authority of Parliament is required before money can be spent by the Government. Approvals are given in the form of annually approved limits through appropriation acts, or through legislation in the form of statutory spending authority for specific purposes.

When Parliament is dissolved for the purposes of a general election, section 30 of the Financial Administration Act authorizes the Governor General, under certain conditions, to issue a special warrant authorizing the Government to withdraw funds from the Consolidated Revenue Fund. A special warrant is deemed to be an appropriation for the fiscal year in which it is issued.

The School uses the full accrual method of accounting to prepare and present its annual departmental financial statements, which are part of the departmental results reporting process. However, the spending authorities voted by Parliament remain on an expenditure basis.

1.3  Financial structure

The School has a financial structure comprised of voted budgetary authorities for program expenditures which are paid from the Consolidated Revenue Fund. In addition, the School has statutory authorities for contributions to employee benefit plans and the authority to re-spend revenues.

2.  Highlights of the fiscal quarter and fiscal year-to-date (YTD) results

2.1.  Total authorities for fiscal year 2024-2025

The authorities available for use in fiscal year 2024‑2025 amount to $101.0 million, which comprises $72.1 million in voted appropriations and $28.9 million in statutory funding. Statutory authorities in fiscal year 2024‑2025 consist of $11.4 million forecasted respendable revenue, $8.4 million respendable revenue brought forward from the previous fiscal year under the provisions of section 18(2) of the Canada School of Public Service Act, and $9.1 million for employee benefit plans.

Total authorities available for use in 2024-2025 increased by $14.0 million or 16 % in comparison to the $87.0 million available in fiscal year 2023-2024. The variance is mainly due to an increase of $8.6 million in voted appropriation and $5.4 million for forecasted respendable revenue.

Text version

Total Authorities

(in thousands of dollars)	2024-2025	2023-2024
Vote 1 - Program expenditures	72,080	63,503
Contributions to employee benefit plans	9,128	9,188
Respendable revenue	19,787	14,356

2.2  Planned expenditures for fiscal year 2024-2025

The School has planned expenditures of $101.0 million for fiscal year 2024–2025, consisting of $82.9 million for salaries and benefits and $18.1 million for operating and maintenance. Compared with the same quarter last year, there is an increase of $14.0 million mainly due to an increase of $8.0 million related to the updated pay rates in various renewed collective agreements, $5.5 million in rentals to compensate for the increase in licenses for client software, and $0.9 million in professional and special services mostly due to the new funding to support the Advanced Leadership Program offset by a decrease of $0.5 million in acquisition of land and building due to postpone renovation of the Toronto office.

2.3  Expenditures for the quarter ended June 30, 2024

Compared with the same quarter last fiscal year, overall expenditures increased by $1.2 million ($20.2 million versus $19.0 million), which is mainly due to:

• Other subsidies and payments: $0.7 million related to decrease in recoveries from other departments for administrative services;
• Rentals: $0.6 million related to increase in licenses for client software; and
• Personnel: $0.2 million related to the updated pay rates in various renewed collective agreements.
• Offset by: Acquisition of machinery and equipment: $0.3 million mainly attributable to reduction in the acquisition of computer equipment and video communication equipment.

3.  Risks and uncertainties

The School's ability to meet its goals is dependent on the relevance and quality of its learning products, its technological capability to support access to these products, and its ability to respond to changing priorities and learning needs. The School manages financial resources prudently to be able to meet these challenges.

4.  Significant changes in relation to operations, personnel and programs

There have been no other significant changes in relation to operations, personnel and programs over the last quarter.

Approved by:

Statement of Authorities (unaudited)

Departmental Budgetary Expenditures by Standard Object (unaudited)

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