GNWT Budget and Financial Management
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The Liquor Revolving Fund
What is the Liquor Revolving Fund?
The Liquor Revolving Fund was established under the Liquor Act and provides working capital to finance the operations of the Liquor Licensing Board, the Liquor Commission and the administration and enforcement of the Act.
What are the uses of the Revolving fund?
The operations of the Board, the Commission and the Liquor Enforcement Division are funded by the sale of alcoholic drinks.
How the Budget Works
The Budget is the Government’s plan for its revenues and spending for a fiscal year by providing an estimate of the amount of revenue that the Government expects and describes how these revenues will be distributed to the various programs and services.
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