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This article was published 10/9/2009 (2842 days ago), so information in it may no longer be current.
WINNIPEG - The Manitoba government took in less money — and spent less — than expected on core government operations in the first three months of this fiscal year, according to financial results published this afternoon.
However, expenditures exceeded revenues by some $296 million in Manitoba from April 1 to June 30, documents show.
Manitoba had revenues of $2.19 billion — $10.6 million less than projected and $66 million less than the same time last year — during the quarter from taxes, fees, federal transfers and government businesses, such as the lotteries and liquor corporations.
Meanwhile core government expenditures — at $2.48 billion — were $94.5 million less than projected, but $111 million more than in the same period last year.
The province also announced results for past fiscal year, ended March 31, which included a summary surplus (including crown corporations) of $470 million and an increase in its rainy day fund to $864 million.