Skip to main content Skip to accessibility
This website is not compatible with your web browser. You should install a newer browser. If you live in Jersey and need help upgrading call the States of Jersey web team on 440099.
Government of Jerseygov.je

Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

  • Choose the service you want to log in to:

  • gov.je

    Update your notification preferences

  • one.gov.je

    Access government services

  • CAESAR

    Clear goods through customs or claim relief

  • Talentlink

    View or update your States of Jersey job application

Budget Management disclosures for the six month period ended 30 June 2008.

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 (24/11/2008) regarding: Budget Management disclosures for the six month period ended 30 June 2008.

Decision Reference:  MD-TR-2008-0127

Decision Summary Title:

Budget Management disclosures

Date of Decision Summary:

12 November 2008

Decision Summary Author:

Mel Gault

Finance Manager – Decision Support

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Report on matters relating to Budget Management for the 6 month period to 30th June 2008

Date of Written Report:

12 November 2008

Written Report Author:

Mel Gault

Finance Manager – Decision Support

Written Report :

Public or Exempt?

Public

Subject:

Budget Management disclosures for the 6 month period ended 30th June 2008.

Decision(s):

The Minister approved the report detailing Budget Management disclosures for the 6 month period to 30th June 2008 and requested that it be laid before the States.

Reason(s) for Decision:

The Public Finances (Jersey) Law 2005 and its associated financial directions require the Minster for Treasury and Resources to report to the States twice yearly on a number of issues relating to States finances.

Resource Implications:

There are no financial or manpower implications as a direct result of this decision.

Action required:

The Head of Decision Support is to send the attached report to the Publications Editor at the States Greffe and to request that it be laid before the States at the earliest possible opportunity.

 
 

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

                 

Date Signed: 24th November 2008

Date of Decision: 24th November 2008

Hide report
Budget Management disclosures for the six month period ended 30 June 2008.

TREASURY & RESOURCES MINISTER

Report on matters relating to Budget Management for the 6 month period to 30 th June 2008  
 

1. The administration of the public finances of Jersey

In accordance with the Public Finances (Jersey) Law 2005 (the ‘Law’) (including Regulations approved under that Law and Financial Directions) certain matters relating to budgeting and to the financial control and administration of States trading operations are required to be reported to the States twice yearly by the Minister for Treasury and Resources (the ‘Minister’).  
 

2. Reporting on Ministerial and delegated approvals

The areas of administration which are to be reported on are as follows:-   

  • The use of trading funds by States trading operations;
  • Borrowing;
  • Lending;
  • Budget transfers; and
  • Carry forward of revenue balances.

 

There is nothing to report on lending for the 6 month period ended 30th June 2008.    

2.1  Use of trading funds  

The following Ministerial Decisions on the use of trading funds were taken to 30th June:-  

  • a capital budget transfer of £320,000 from Passenger Coaches to the Air Traffic Control Centre, as a provision for inflation (Jersey Airport Trading Fund);
  • a capital budget transfer of £52,000 from Aeronautical Transmitters to  Airport Minor Capital Assets for the expansion of Hub2 (Jersey Airport Trading Fund);
  • additional expenditure of £5,104,000 in respect of the refurbishment of the runway (Jersey Airport Trading Fund); and
  • additional expenditure of £2,650 for a 25 tonne boat hoist (Jersey Harbour Trading fund);

 

2.2  Borrowing  

During the 6 month period to 30th June no guarantees under the Small Firms Loan Guarantee Scheme (SFLGS) were approved by the Treasurer of the States.  Under the terms of the scheme, the Economic Development Department underwrites up to 75% of the value of a loan. The total amount guaranteed under the SFLGS as at 31st December 2007 was £268,222.  

The Jersey Student Loan Scheme commenced in September 2007.  As at 30th June 2008, 136 students had taken out a loan with a total draw down value of £186,310. Terms with the intermediaries require the States of Jersey to underwrite 100% of the value of the loan. 

2.3 Budget transfers

Budget transfers are reported on the following basis:- 

  • Transfers between revenue heads of expenditure; 
  • Transfers between capital heads of expenditure; and
  • Transfers between revenue and capital heads of expenditure.

 

Budget transfers between departments vary the budgets of individual departments but are net nil in total.   

2.3.1 Transfers between revenue heads of expenditure 

Revenue transfers during the period ended 30th June 2008 amounted to £658,589 (Table (1) refers).  

Table (1) Transfers between revenue 

Department

£

 

To

From

CMD

T&TS

10,250

Statistics surveys

CMD

P&E

5,638

Statistics surveys

EDD

CMD

2,112

Transfer of staff recruitment advertising budget

ES&C

CMD

52,804

Transfer of staff recruitment advertising budget

H&SS

CMD

190,093

Transfer of staff recruitment advertising budget

H Affairs

CMD

31,670

Transfer of staff recruitment advertising budget

Housing

CMD

3,168

Transfer of staff recruitment advertising budget

E&SS

CMD

3,168

Transfer of staff recruitment advertising budget

T&TS

CMD

2,112

Transfer of staff recruitment advertising budget

T&R

CMD

866

Transfer of staff recruitment advertising budget

T&R

CMD

65,277

HR Staff transfer

T&R (PHD)

EDD

5,483

Foreshore Lease

H&SS

T&R

55,678

Finance support staff transfer

ES&C

T&R

15,000

Finance support staff transfer (0.50 FTE)

H Affairs

T&R (ITax)

181,290

GST staff transfer (3 posts)

T&TS

T&R

23,580

Absence reporting staff transfer

T&R (PHD)

T&TS

10,400

Architects software

Total transfers

£658,589

 

 
 

2.3.2 Transfers between capital heads of expenditure

Transfers between existing capital heads of expenditure amounted to £1,640,275 for the period (Table (2) refers). There were no transfers to new capital heads of expenditure during the period.   

Table (2) Transfers between capital votes 

Department

£

 

To

From

T&R (ITax)

T&R (Cap Res)

657,275

GST set-up/implementation

T&R (PHD)

H&SS

983,000

Repayment by H&SS to Planning Vote

Total transfers

£1,640,275

 

 
 

2.3.3 Transfers between revenue and capital heads of expenditure

Transfers between revenue and capital amounted to £170,745 (Table (3) refers).  There were no transfers to new capital heads of expenditure during the period.   
 
 

Table (3) Transfers between revenue and capital  

Department

£

 

To

From

T&R (rev)

CMD (cap)

170,745

GAAP funding

Total transfers

£170,745

 

 
 

2.4     Carry forwards

Total carry forwards of £2,557,561 were approved by the Council of Ministers during the 2007 annual Accounting process, £2,290,561 of which had been allocated by departments as at 30th June 2008 (Table (4) refers). 
 

Table (4) Carry forwards 

Department

Approved

amount

Allocated

amount

Outstanding amount

 

£

£

£

Chief Minister

8,592

8,592

 

EDD

20,000

20,000

 

ES&C

626,880

626,880

 

H&SS

6,143

6,143

 

Home Affairs

850,000

850,000

 

Housing

-

-

 

P&E

43,373

43,373

 

E&SS

267,000

-

267,000

T&TS

242,969

242,969

 

T&R

-

-

 

NMSFB

462,604

462,604

 

States Assembly

30,000

30,000

 

Total

£2,557,561

£2,290,561

£267,000


 

 

Our sites
Back to top
rating button