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Budget transfer from Central Contingencies to Chief Minister's Department: Financial Services Review

A formal published “Ministerial Decision” is required as a record of the decision of a Minister (or an Assistant Minister where they have delegated authority) as they exercise their responsibilities and powers.

Ministers are elected by the States Assembly and have legal responsibilities and powers as “corporation sole” under the States of Jersey Law 2005 by virtue of their office and in their areas of responsibility, including entering into agreements, and under any legislation conferring on them powers.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

  • demonstrating that good governance, and clear lines of accountability and authority, are in place around decisions-making – including the reasons and basis on which a decision is made, and the action required to implement a decision

  • providing a record of decisions and actions that will be available for examination by States Members, and Panels and Committees of the States Assembly; the public, organisations, and the media; and as a historical record and point of reference for the conduct of public affairs

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

The Freedom of Information Law (Jersey) Law 2011 is used as a guide when determining what information is be published. While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.

A decision made 28 March 2017:

Ministerial decision reference    MD-C-2017-0039 

Decision summary title  EPGDP Funding Allocation CMD 04 –Financial Services Review

Decision summary author

EPGDP Programme Manager

Is the decision summary public or exempt?  

Public

Report title  EPGDP Funding Allocation CMD 04 –Financial Services Review

Report author or name of

person giving report

EPGDP Programme Manager

Is the report public or exempt?

Public

Decision and reason for the decision

A non-recurring budget transfer of up to £900,000 in 2017 to the Chief Minister’s Department revenue head of expenditure from the Economic and Productivity Growth Drawdown Provision within Central Contingencies.

 

Article 17(2) of the Public Finances (Jersey) Law 2005 states that the Minister for Treasury and Resources is authorised to approve the transfer from contingency expenditure to heads of expenditure of amounts not exceeding, in total, the amount available for contingency expenditure in a financial year.

Resource implications

The Chief Minister’s Department revenue head of expenditure to increase by up to £900,000 in 2017. The Economic and Productivity Growth Drawdown Provision within Central Contingencies to decrease by identical amounts.

This decision does not change the total amount of expenditure approved by the States in the Medium Term Financial Plan

Action required

Project and Research Officer to advise the Finance Manager – Corporate Group once this decision has been approved.  

Signature

 

 

 

 

 

Position

 

 

Senator Ian Gorst

Chief Minister

 

 

 

Date signed

 

Effective date of the decision

 

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