Jersey Harbours Repayment 2010: Internal budget transfer

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A decision made on 30 July 2010 regarding an internal budget transfer between revenue and capital heads of expenditure

Decision Reference: MD-T-2010-0073
Decision Summary Title :	Transfer Between Revenue and Capital Heads of Expenditure for 2010 Jersey Harbours Repayment		Date of Decision Summary:	12 July 2010
Decision Summary Author:	Senior Management Accountant		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title :	Transfer Between Revenue and Capital Heads of Expenditure for 2010 Jersey Harbours Repayment		Date of Written Report:	12 July 2010
Written Report Author:	Senior Management Accountant		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Internal budget transfer between revenue and capital heads of expenditure amounting to £450,000 for the 2010 repayment of the Jersey Harbours temporary loan.
Decision(s): The Minister for Transport and Technical Services approved a budget transfer between revenue and capital totalling £450,000 as set out in the supporting document.
Reason(s) for Decision: To payback the monies temporarily loaned to Jersey Harbours for the building works required at La Collette and Bellozanne.
Resource Implications: Other than those detailed in the report there are no further financial or manpower implications.
Action required: The Acting Finance Director to request the Minister for Treasury and Resources to approve the virement between revenue and capital as referred to in this report.
Signature:		Position:
Date Signed:		Date of Decision (If different from Date Signed):