Jersey Field Squadron: Used of credit received from Ministry of Defence to fund equipment requirements

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A decision made 7 November 2011:

Decision Reference: MD-HA-2011-0076
Decision Summary Title :	Jersey Field Squadron - Use of Credit		Date of Decision Summary:	1 November 2011
Decision Summary Author:	Finance Director		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	n/a
Written Report Title :	Jersey Field Squadron - Use of Credit from the Minister of Defence		Date of Written Report:	1 November 2011
Written Report Author:	Finance Director		Written Report : Public or Exempt?	Exempt 3.2.1 (a) (xiv)
Subject: Use of credit received from the Ministry of Defence (MOD) to fund future equipment requirements.
Decision(s): The Minister approved the transfer of £257,875 received from the MOD in 2011 from the Home Affairs Department’s revenue head of expenditure to a capital head of expenditure to fund future equipment purchases.
Reason(s) for Decision: As the credit received by the JFS relates to the MOD asset register items it seems appropriate to retain this amount separately for the future purchase of equipment.
Resource Implications: The 2011 revenue accounts of the JFS will properly reflect the annual running costs once the credit amount is transferred to a capital head of expenditure. There are no manpower implications associated with this decision.
Action required: The Minister to seek the approval of the Minister for Treasury and Resources in accordance with Financial Direction 3.6 – Variations to Heads of Expenditure (Treasurer’s Delegation).
Signature:		Position: Minister for Home Affairs
Date Signed:		Date of Decision (If different from Date Signed):