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Reserve Funding Allocation for 2023 Pay Award

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A decision made 17 March 2023:

Decision Reference:  MD-TR-2023-156

Public

Subject: Reserve Funding for 2023 Pay Award

 

Report Title: Reserve Funding for 2023 Pay Award

Public

Decision(s):

The Minister decided to approve an allocation of up to £29,511,253 to respective departments, from the ‘Reserve for Centrally Held Items – Pay Provision’, to cover the budget allocation of the 2023 pay awards as detailed in the accompanying report.

Reason for Decision(s):

Article 15(3) of the Public Finances (Jersey) Law 2019 states that the approval by the States of a government plan authorises the Minister to direct how an approved appropriation for a reserve head of expenditure in the plan may be spent (including on another head of expenditure) in the first financial year covered by the plan.

Resource Implications: The “Reserve for Centrally Held Items - Pay Provision” to decrease by up to £29,511,253 and the respective heads of expenditure detailed in the written report to increase by up to £29,511,253. This decision does not change the total amount of expenditure approved by the States in the Government Plan 2023-2026. The recurring impact of the consolidated element of these awards will be included in Government Plan 2024-2027

 

Action Required: The Minister’s Private Secretary to advise the Head of Financial Planning and the Head of Finance Business Partnering for the respective Departments 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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