Budget Transfer for repairs to fisheries vessels.

Information about the publication of Ministerial Decisions

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.

An accurate record of “Ministerial Decisions” is vital to effective governance, including:

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

Ministers are individually accountable to the States Assembly, including for the actions of the departments and agencies which discharge their responsibilities.

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 24 November 2014:

Decision Reference: MD-PE-2014-0104
Decision Summary Title:	Department of the environment GAAP capital to revenue transfer for repairs to fisheries vessels.		Date of Decision Summary:	XXXX 2014
Decision Summary Author:	Finance Manager - DoE		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Department of the environment GAAP capital to revenue transfer for repairs to fisheries vessels.		Date of Written Report:	18 November 2014
Written Report Author:	Finance Manager - DoE		Written Report : Public or Exempt?	Public
Subject: Non-recurring Generally Accepted Accounting Principles (GAAP) budget transfer for repairs to fisheries vessels.
Decision(s): The Minister approved a non-recurring budget transfer of £8,000 in 2014 from the Department of the Environment (DoE) capital head of expenditure (I0000C0974) to the DoE revenue head of expenditure for repairs to the fisheries vessels.
Reason(s) for Decision: Under Generally Accepted Accounting Principles (GAAP) expenditure that meets the definition of capital expenditure must be capitalised. This budget transfer is the movement in budget between capital and revenue required to align the budgeting treatment of expenditure with the accounting treatment, in order to comply with GAAP. Article 18(1)(a) of the Public Finances (Jersey) Law 2005 states that all or any part of the amount appropriated by a head of expenditure may, with the approval of the Minister for Treasury and Resources, be transferred from a revenue head of expenditure to a capital head of expenditure, or vice versa, in order to comply with accounting standards issued for the purposes of Article 32(2). Delegation 1.2 delegates authority for non-contentious transfers between revenue and capital heads of expenditure (and vice versa) with no financial limit where the transfer is solely to ensure that financial transactions are accurately reflected in the States’ Accounts in accordance with accounting standards issued under Article 32(2) of the Law. Within the Medium Term Financial Plan Capital Programme DoE was awarded £100,000 of capital funding to “fund a mid-life refurbishment of the Norman Le Brocq before it is replaced in 2019”. Due to extremely tight control over emergent works the Department achieved savings in the region of £19,000. In order to reduce future increased maintenance expenditure on other fisheries vessels it is recommended that £8,000 be transferred to revenue to purchase a new outboard motor for the No 2 Searider.
Resource Implications: In 2014 the DoE Fisheries Vessel Mid-Year Refit capital head of expenditure will decrease by £8,000 and the DoE revenue head of expenditure will increase by an identical amount. This decision does not change the total amount of expenditure approved by the States in the Medium Term Financial Plan 2013 to 2015.
Action required: DoE Finance Manager to inform the Treasury and Resources Business Manager that this decision has been approved so that the Treasurer’s decision can be progressed.
Signature:		Position:
Date Signed:		Date of Decision: