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Dividend income

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WQ.391/2024

WRITTEN QUESTION TO THE MINISTER FOR TREASURY AND RESOURCES BY DEPUTY H.L. JEUNE OF ST. JOHN, ST. LAWRENCE AND TRINITY QUESTION SUBMITTED ON MONDAY 4th NOVEMBER 2024

ANSWER TO BE TABLED ON MONDAY 11th NOVEMBER 2024

Question

"In relation to Dividend Income included on page 100 of the Proposed Budget (Government Plan) 2025- 2028, will the Minister provide a breakdown of the budgeted income from each States-owned entity, including utility companies, for each year of the Government Plan, and will she explain the decrease anticipated in income from 2025 to 2026?"

Answer

The estimates for dividend income are set out in the Budget under the section on General Revenue Income, based on the latest income forecast produced by the Income Forecasting Group (IFG) in their report published on the States Assembly website. This includes a breakdown of dividend income estimates and explanation for the decrease in dividend in 2026. Please refer to page 34 of the latest IFG report (R.130- 2024).