Download: 2018-19 Government of Alberta Annual Report 
Published June 27, 2019 (PDF, 1.9 MB)

See below for highlights from the publication.

Forecast

The 2018-19 Government of Alberta Annual Report shows total revenue of $49.6 billion, $1.7 billion higher than estimated in the budget.

Table 1: 2018-19 Revenue (millions of dollars)

Revenue Sources 2017-18
Actual
2018-19
Budget
2018-19
Actual
Change from
Budget
Income and other Taxes 20,761 22,899 23,578 679
Non-renewable resource revenue 4,980 3,829 5,429 1,600
Transfers from Government
of Canada
7,606 8,218 8,013 (205)
Investment income 3,126 2,884 2,349 (535)
Net income from
government business enterprises
3,387 2,777 2,585 (192)
Premiums, fees and licenses 3,839 3,854 3,911 57
Other 3,595 3,419 3,759 340
Total revenue 47,295 47,879 49,624 1,745
Source: Government of Alberta

Non-renewable resource revenue

The resource revenue forecast has increased from budget, mainly from higher oil prices and production and a lower US-Canadian dollar exchange rate.

Non-renewable resource revenue is forecast at $5.4 billion in 2018-19, an increase of $1.6 billion from budget.

Table 2: Non-renewable resource revenue (millions of dollars)

Resource revenue sources 2017-18
Actual
2018-19
Budget
2018-19
Actual
Change from
Budget
Bitumen royalty 2,643 1,785 3,214 1,429
Crude oil royalty 965 1,053 1,149 96
Natural gas & by-products royalty 645 541 536 (5)
Bonuses & sales of Crown leases;
Rentals & fees / coal royalty
728 450 530 80
Total resource revenue 4,980 3,829 5,429 1,600
Source: Government of Alberta