Transfer of building projects between Health and Social Services to Property Holdings

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A decision made 22 January 2010 regarding: Transfer of building projects between Health and Social Services to Property Holdings.

Decision Reference: MD-TR-2010-0007
Decision Summary Title:	Transfers of Building Projects between Health and Social Services and Jersey Property Holdings		Date of Decision Summary:	19 January 2010
Decision Summary Author:	Head of Decision Support		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Transfers of Building Projects between Health and Social Services and Jersey Property Holdings		Date of Written Report:	19 January 2010
Written Report Author:	Finance Manager, Decision Support		Written Report : Public or Exempt?	Public
Subject: Transfer of building projects from Health and Social Services to Jersey Property Holdings.
Decision(s): The Minister for Treasury and Resources approved the transfer of the following capital budgets and expenditure from Health and Social Services to Jersey Property Holdings. Project Budget Expenditure to Date JZ0063 - General Hospital Ward Upgrades £1,109,601 £1,109,601 JZ0078 - Accident and Emergency and Radiology extensions (Phase 2) £1,402,570 £1,402,570 Total £2,512,171 £2,512,171
Reason(s) for Decision: To transfer completed capital schemes to ensure correct accounting treatment. Financial Direction 3.6 and the Public Finance (Jersey) Law 2005, state the approval of the Minister for Treasury and Resources is required for any variations to heads of expenditure above £100,000.
Resource Implications: There are no financial or manpower resource implications other than those noted in the report.
Action required: Finance Manager to inform Finance Director, Health and Social Services Department, that the capital transfers have been approved.
Signature:		Position: Deputy E. J. Noel, Assistant Minister for Treasury and Resources
Date Signed:		Date of Decision: