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Fiscal Stimulus – Approval of allocation to Social Security budget.

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.

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A decision made (31/07/2009) regarding: Fiscal Stimulus – Approval of allocation to Social Security budget.

Decision Reference:  MD-TR-2009-0135

Decision Summary Title:

Discretionary fiscal stimulus –Social Security CAB budget allocation

Date of Decision Summary:

30th July 2009

Decision Summary Author:

Treasurer of the States

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Allocation of fiscal stimulus funding to Social Security Department re: CAB and mortgage arrears protocol

Date of Written Report:

30th July 2009

Written Report Author:

Interim Programme Manager – Fiscal Stimulus Project

Written Report :

Public or Exempt?

Public

Subject:

Fiscal stimulus – approval of allocation to Social Security budget 

Decision(s):

The Minister approved the allocation of £50,300 to Social Security, to be transferred to the department budget as soon as possible and allocated to revenue expenditure as set out in the accompanying report. 

Reason(s) for Decision:

A discretionary fiscal stimulus allocation from the Stabilisation Fund of £44m has already been approved. The £50,300 approved funding will enable the department’s fiscal stimulus initiatives to proceed and deliver timely support to some of the individuals most affected by the downturn.

Resource Implications: No resource implications other than those already approved at the States’ debate (p55/2009) on 19th May 2009.

Action required:

Treasury to release necessary funds to the Social Security budget.

Signature: 
 
 

Position: Senator P F C Ozouf, Minister for Treasury and Resources 

                 

Date Signed:

Date of Decision:

Fiscal Stimulus – Approval of allocation to Social Security budget.

Allocation of Fiscal Stimulus Funding to Social Security Department re: CAB and mortgage arrears protocol  

Report summarizing recommendations of the Fiscal Stimulus Steering Group

30 th July 2009  

Background  

CAB Grant and Mortgage Arrears Protocol  

This proposal was included in the provisional programme approved by the Treasury and Resources Minister on 17th June 2009.  

The Social Security Department has prepared a paper summarizing their intended governance approach in respect of the grant to the Citizen’s Advice Bureau, which has been reviewed by the Fiscal Stimulus Steering Group and is considered fit for purpose and in accordance with Financial Direction 5.4.  

Fiscal Stimulus Steering Group Recommendation  

At a meeting of the Fiscal Stimulus Steering Group on 24th July 2009 it was concluded that sufficient information had been provided by the Social Security department in respect of the proposal to enable it to recommend to the Treasury and Resources Minister that £50,300 is allocated to Social Security to enable the CAB grant and the formalization of a protocol for dealing with mortgage arrears. The allocation should be made to revenue budgets as set out below: 

Year

Budget Allocation

£

Ending 31 December 2009

50,300

TOTAL

50,300

 

 

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