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Capital Reserve Budget Transfers.

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

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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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (24/04/2008) regarding: Capital Reserve Budget Transfers.

Decision Reference:  MD-TR-2008-0050

Decision Summary Title:

Capital Reserve Budget Transfers

Date of Decision Summary:

14th April 2008

Decision Summary Author:

Ray Foster - Assistant Director - Finance & Strategy

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Capital Reserve Budget Transfers

Date of Written Report:

14th April 2008

Written Report Author:

Ray Foster - Assistant Director - Finance & Strategy

Written Report :

Public or Exempt?

Public

Subject: 

Approval of a process for delegating future transfers from the Capital Reserve

Decision(s):

The Minister approved the proposed scheme of delegation for dealing with future budget transfers from the Capital Reserve for inflation items as follows:

  • Where the inflation claim is within the sum approved by the States, approval is delegated to the Director - Property Holdings (or in his absence to the Assistant Director - Finance and Strategy);
  • Where the inflation claim is equal to, or greater than,  £100,000 more than the sum approved by the States, the decision is referred to the Minister for Treasury and Resources;
  • Where the inflation claim is less than £100,000 above the sum approved by the States, and the Director of Property Holdings is not the accounting officer for the project, approval is delegated to the Director - Property Holdings (or in his absence to the Assistant Director - Finance and Strategy). This delegation is subject to there being sufficient funds in the capital reserve.
  • Where the inflation claim is less than £100,000 above the sum approved by the States, and the Director of Property Holdings is the accounting officer for the project, approval is delegated to the Treasurer. This delegation is subject to there being sufficient funds in the capital reserve.

Reason(s) for Decision:

The proposed scheme of delegation will improve the efficiency of the administration of the capital reserve whilst ensuring the proper controls are in place.

Resource Implications:

None

Action required:

Treasury to note scheme of delegation

Signature: 
 

Position: Senator T A Le Sueur, Minister for Treasury and Resources

    

Date Signed: 24th  April 2008

Date of Decision: 24th April 2008

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