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Government of Jerseygov.je

Information and public services for the Island of Jersey

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

Treasury and Exchequer

​​​ Department Description 2019 Annual Data 2020 Annual Data 2021 Annual Data Baseline What we want to achieve 2022 Annual Data Change against what we want to achieve 2022 DOT
T&E% of Treasury and Exchequer internal audit recommendations agreed and completed by departments by agreed due dateN/AN/AN/AQ4 2020: 74%Increase91.0%17pp
T&E% of Treasury and Exchequer C&AG, PAC and Scrutiny recommendations outstanding at the start of the year implemented during the yearN/AN/AN/A50%80%N/AN/A
T&E% financial monitoring reports delivered on time - departmental reports and corporate report (ELT and COM)N/A100%100.0%2021 100%100%82.0%-18pp
T&E% of planned assurance audits completed as per the approved internal audit planN/AN/AN/AN/A80%70.0%-10pp
T&EValidation of closed Internal Audit recommendations on follow up reviewsN/AN/AN/ATarget: 100% based on risk-based sampling methodologyNot AvailableN/A
T&EValidation of closed PAC and C&AG recommendationsN/AN/AN/ATarget: 100% based on risk-based sampling methodologyNot AvailableN/A
T&EAverage number of days taken to send all month end departmental financial reports to departmental Senior Leadership TeamsN/AN/AN/A9 Working days8 Working days11.1%
T&E% of invoiced debt recovered within 90 days88.0%87.0%90.0%93%90%88.0%-2pp
T&E% suppliers paid within an average of 30 days and average number of daysN/AN/A82.0% (24 days)83%80%80.0%0pp
T&E% reduction in collectable Government debtors (now includes Income Tax debt)N/AN/A-1.0%1% reduction10% reductionNot AvailableN/A
T&E% of Income received via digital channels83.0%90.0%89.0%90%90%89.0%-1pp
T&E% of invoices paid electronically94.0%97.0%98.0%98%Increase99.0%1pp
T&E% of public service pension scheme administration tasks completed within target: 90% of tasks in 5 daysN/AN/A94.0%90%90%94.0%4pp
T&E5 year moving average % increase in shareholding value YoYN/AN/AN/ABaseline set at end of 2014: £285.4mIncrease-2.4%-2.4%
T&ERate of return of investment portfolio vs benchmark -Outturn % (% above/below target) - 1 year performance1.50%0.90%0.6%Baseline set at end of 2014: £285.4m.Increase-3.50%-3.50%
T&ERate of return of investment portfolio vs benchmark -Outturn % (% above/below target) - 3 year performance0.50%0.50%0.4%Baseline performance is in line with the Market (0%)Maintain-1.10%-1.1pp
T&EAdditional Revenues Assessed (efficiency)£2m£12m£20.6m£2m in 20172021 target: £12.9£24.2m87.6%
T&ECost to collect £1 of revenueN/A0.7p0.8p2020: 0.7 penceDecrease1.0p42.9%
T&E% of International data exchanges < 90 days (predicted % until year end)63.0%79.0%85.0%2020 72%Target 75%88.0%13pp
T&E% of personal tax returns completed onlineN/A30.0%43.4%2021: 42%Increase47.0%5pp
T&EAverage time to answer calls (year to date)N/AN/AN/A2021: 6 mins 30 secsMaintain at <7.5 mins and
reduce further
4mis 51 secs-35.3%
T&EPersonal tax returns - % assessed within 30 days (year to date)N/AN/AN/A2021: 78%Target: 80%80.0%0pp
T&E% of Government Business Case authors trained in writing better business cases in line with Government of Jersey templatesN/AN/AN/AN/ATarget: 75%29.0%-46pp
T&EHours of Continuous Professional Development available for colleagues within Treasury and Exchequer finance functionN/AN/AN/ABaseline: TBCTarget: 10 hours per quarter13.5 hours35.0%
T&ENumber of Open Internal Audit Actions for Commercial ServicesN/AN/A12 in totalNo more than 1 over 3 months old0-100.0%
T&ENumber of Exemptions received by Commercial Services for approvalN/AN/A20Average of 13 a monthIncrease42223.1%
T&ENumber of Requests received by Commercial ServicesN/AN/A57Average 57 a month<60 per quarter10473.3%
T&ENumber of Contracts stored centrally within the central repositoryN/AN/A239130 stored>300 stored37725.7%
T&ENumber of Contracts registered centrally within the central repositoryN/AN/A639550 Registered>750 registered95727.6%

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