Quarterly Financial Report: July 1 to Sepember 30, 2024

Management statement for the quarter ended September 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 $103.0 million, which comprises $74.1 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 $9.4 million or 10% in comparison to the $93.6 million available in fiscal year 2023-2024. The variance is mainly due to an increase of $8.4 million in voted appropriation and $1.0 million for forecasted respendable revenue.

Text version

Total Authorities

(in thousands of dollars)	2024-2025	2023-2024
Vote 1 - Program expenditures	74,087	65,624
Contributions to employee benefit plans	9,128	9,188
Respendable revenue	19,788	18,804

2.2  Planned expenditures for fiscal year 2024-2025

The School has planned expenditures of $103.0 million for fiscal year 2024–2025, consisting of $86.2 million for salaries and benefits and $16.8 million for operating and maintenance. Compared with the same quarter last year, there is an increase of $9.4 million mainly due to $7.2 million in personnel related to the updated pay rates in various renewed collective agreements and $3.2 million related to the Advance Learning Program offset by a reduction of $1.3 million related to Refocusing Government Spending.

2.3  Expenditures for the quarter ended September 30, 2024

Compared with the same quarter last fiscal year, overall expenditures decreased by $2.4 million ($17.3 million versus $19.7 million), which is mainly due to:

• Other subsidies and payments: increase in the recoveries from other departments;
• Personnel: implementation of the Refocusing Government Spending initiative;
• Acquisition of machinery and equipment: reduction in the acquisition of software; and
• Information: reduction in subscriptions.

2.4  Year-to-Date Expenditures as at September 30, 2024

Compared with year-to-date expenditures from the previous fiscal year, overall expenditures decreased by $1.2 million ($37.5 million versus $38.7 million), which mainly consists of variances associated with:

• Other subsidies and payments: increase in the recoveries from other departments;
• Acquisition of machinery and equipment: reduction in the acquisition of software;
• Personnel: implementation of the Refocusing Government Spending initiative;
• Information: reduction in subscriptions; and
• Professional and special services: reduction in training consultants.

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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