Transfer of the budget for Housing Subsidies from the Housing Department to the Social Security Department.

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A decision made (28/01/2008) regarding: Transfer of the budget for Housing Subsidies from the Housing Department to the Social Security Department.

Decision Reference: MD-H-2008-0003
Decision Summary Title :	Transfer of Subsidies Budget to Social Security		Date of Decision Summary:	15th January 2008
Decision Summary Author:	Claire Moscrop – Finance Director		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:
Written Report Title :	Budget Transfer to Social Security		Date of Written Report:	15th January 2008
Written Report Author:	Claire Moscrop – Finance Director		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	N/A
Subject: The transfer of the budget for Housing Subsidies from the Housing department to the Social Security Department.
Decision(s): The Minister agreed to a budget transfer in perpetuity from the Housing Department to the Social Security Department of £23,676,000, this being the budget for rent subsidies.
Reason(s) for Decision: In order to implement Income Support it is a requirement that the rent subsidies budget be transferred to Social Security from 1st January 2008. The amount to be transferred is £23,676,000 in perpetuity.
Resource Implications: A reduction in of £23,676,000 in the Housing Department’s budget.
Action required: Finance Director to make the transfer
Signature:		Position: MINISTER
Date Signed:		Date of Decision (If different from Date Signed):