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Budget transfer from Future Hospital Capital Head of Expenditure to Department of Infrastructure

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 18 January 2017:

Decision Reference:  MD-T-2017-0005

Decision Summary Title:

Budget transfer from Future Hospital Capital Head of Expenditure to Department for Infrastructure Revenue Head of Expenditure

Date of Decision Summary:

12 January 2017

Decision Summary Author:

Finance Manager

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Budget transfer from Future Hospital Capital Head of Expenditure to Department for Infrastructure Revenue Head of Expenditure

Date of Written Report:

12 January 2017

Written Report Author:

Finance Manager

Written Report :

Public or Exempt?

Public

Subject: Non recurring budget transfer in 2016 of £2,959,479 to enable the transfer of non-capitalisable costs associated with the Future Hospital project from the Future Hospital Capital Head of Expenditure (FA0BT14014) to the Department for Infrastructure Revenue Head of Expenditure in order to comply with States accounting policies.

Decision(s): The Minister approved the transfer in 2016 of £2,959,479 from the Future Hospital Capital Head of Expenditure (FA0BT14014) to the Department of Infrastructure Revenue Head of Expenditure in order to comply with States Accounting policies.

Reason(s) for Decision: Under International Financial Reporting Standards (IFRS) expenditure that meets the definition of capital expenditure must be capitalised. These budget transfers are the movement in budgets between capital and revenue heads of expenditure required to align the budgeting treatment of expenditure with the accounting treatment, in order to comply with IFRS and to ensure that capital expenditure is charged to the correct head of expenditure.

Resource Implications: The Future Hospital Capital Head of Expenditure (FA0BT14014) to decrease by £2,959,479 in 2016 and the Department for Infrastructure Revenue Head of Expenditure to increase by £2,959,479 in 2016.

 

This transfer does not change the amount of expenditure agreed by the States.

Action required:  The Department for Infrastructure Finance Manager to let Treasury and Resources Business Support team know that the decision has been signed.

Signature:

 

 

Position:

Minister for Infrastructure

 

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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