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Information and public services for the Island of Jersey

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

End of Year Flexibility: 2023 to 2024

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.

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  • 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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 on 20 March 2024:

Decision Reference:  MD-TR-2024-216

Public

Subject: End of Year Flexibility 2023 to 2024

 

Report Title: WR- End of Year Flexibility Report for Transfers from 2023 to 2024

Public

Decision(s):

The Minister for Treasury and Resources approved the transfers, as detailed in the attached report, under Articles 19 and 20 of the Public Finances (Jersey) Law 2019.

Reason for Decision(s):

In light of known and potential funding pressures for 2024, the Minister approved the transfer of net departmental underspends, project underspends and unspent sums on the Reserve in 2023 to the Central Reserve in 2024 whilst also allowing an amount to be returned to the Consolidated Fund. The Minister also approved the transfer of unspent funds in 2023 on the New Healthcare Facilities Major Project Head of Expenditure to the equivalent of Head of Expenditure in 2024.

Resource Implications: In 2023, various department, project and reserves heads of expenditure will reduce by up to £38,000,000 and the New Healthcare Facilities Major Project Head of Expenditure will decrease by up to £15,200,000.  In 2024, the Central Reserve Head of Expenditure will increase by up to £38,000,000. The New Healthcare Facilities Major Project Head of Expenditure will increase by up to £15,200,000 in 2024.

 

Action Required: The Head of Financial Governance to advise the Specialist – Special Project Assurance that this decision is approved.

Signature:

 

 

Signed By: Minister for Treasury and Resources

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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