Social Security Department 2011 unspent carry forward transfer to Central Reserves

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A decision made 10 December 2012:

Decision Reference: MD-TR-2012-0114
Decision Summary Title:	Transfer of 2011 unspent carry forward from SSD to Central Reserves		Date of Decision Summary:	6 December 2012
Decision Summary Author:	Director of Financial Planning and Performance		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Transfer of 2011 unspent carry forward from SSD to Central Reserves		Date of Written Report:	6 December 2012
Written Report Author:	Business Manager		Written Report : Public or Exempt?	Public
Subject: Transfer of 2011 unspent carry forward from the Social Security Department (SSD) to Central Reserves.
Decision(s): The Minister approved a non-recurring budget transfer in 2012 of £5,200,000 from the SSD revenue head of expenditure to Central Reserves.
Reason(s) for Decision: Article 2(6) of the Public Finance (transitional Arrangements) (Jersey) Order 2011 states that all or any of the amount appropriated by a head of expenditure may, with the approval of the Minister for Treasury and Resources, be used for the purposes of another head of expenditure.
Resource Implications: The SSD revenue head of expenditure to decrease by £5,200,000 and Central Reserves to increase by an identical amount in 2012.
Action required: Business Manager to notify the Assistant Accountant, Financial Accounting and Control, SSD Director of Finance and Governance and SSD Finance Manager that this decision has been approved.
Signature:		Position: Senator P F C Ozouf, Minister for Treasury and Resources
Date Signed: 10/12/12		Date of Decision: