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

Purchase of minibuses: Revenue to Capital Budget Transfers

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A decision made on 1 February 2010 to approve the transfer of Revenue funds to Capital for purchase of two minibuses.

Decision Reference:  MD-ESC-2010-0003 

Decision Summary Title:

Revenue to Capital  Budget transfer for VC minibus trade in values

Date of Decision Summary:

27 January 2010

Decision Summary Author:

John Littlewood

Head of Finance

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Revenue to Capital Transfer – Victoria College Minibuses.

Date of Written Report:

27 January 2010

Written Report Author:

John Littlewood

Head of Finance

Written Report :

Public or Exempt?

Public

Subject: For the Minister for Education, Sport and Culture to authorise the balance of a 2009 budget transfer from revenue to capital required in order to meet GAAP requirements for the purchase of two minibuses. 

Decision(s): The Minister for Education, Sport and Culture approved the transfer of Revenue funds amounting to £3,106.10 to Capital.

Reason(s) for Decision: The revenue income received as a trade-in value of an existing minibus needs to be moved to capital in order to completely reflect the funding provided for the purchase of two replacement minibuses. 

Resource Implications: There are no other financial or manpower resource implications.

Action required: For officers of the Department to request the approval of the Treasurer of the States to the transfer in accordance with Financial Direction 3.6

Signature: 
 
 

Position:  

                 

Date Signed:

Date of Decision:

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