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L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Budget Transfer: Minibus Purchase for St. John's School

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A decision made 9 December 2015:

Decision Reference:  MD-ESC-2015-0026 

Decision Summary Title:

Revenue to Capital  Budget transfer for St John’s Primary School for purchase of Minibus

Date of Decision Summary:

30 November 2015

Decision Summary Author:

 Finance Manager, DfESC

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Revenue to Capital  Budget transfer for St. John’s Primary School for purchase of Minibus

Date of Written Report:

30 November 2015

Written Report Author:

Finance Manager, DfESC

Written Report :

Public or Exempt?

Public

Subject:  For the Minister for Education, Sport and Culture to authorise a 2015 budget transfer from revenue to capital in order to meet GAAP requirements for the purchase of a Minibus for St John’s Primary School.

Decision(s): The Minister for Education, Sport and Culture approved the transfer of revenue funds to minor capital in the sum of £18,000.

Reason(s) for Decision:  The funds for the purchase of this Minibus are currently included in revenue. Budget is required to be transferred to minor capital to comply with GAAP requirements.  

Resource Implications: The ESC revenue head of expenditure to decrease by £18,000 and ESC minor capital head of expenditure to increase by an identical amount. This decision does not change the total amount of expenditure approved by the States in the Medium Term Financial Plan 2013-15.

Action required: For officers of the Department to request the approval of the Treasurer of the States to the transfer in accordance with Financial Direction 3.6.

Signature:

Position: Deputy Rod Bryans

Minister for Education, Sport and Culture        

      

Date Signed:

Date of Decision:

 

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