Delegation of authorisation of budget transfers from ministerial level.

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A decision made (03/10/2006) regarding Delegation of authorisation of budgets transfers from ministerial level.

Subject:	Delegation of authorisation of budgets transfers from ministerial level
Decision Reference:	MD-TR-2006-0099	Exempt clause(s):		N/A
Type of Report: (oral or written)	Written	Person Giving Report (if oral):		N/A
Telephone or e-mail Meeting?	N/A	Report File ref:		JMC/25/09/06
Written Report – Title	Delegation of Authorisation of Treasury and Resources Budget Transfers	Written report - author		Joanna Cummins - Assistant Accountant Advisory Unit
Decision(s): To approve the delegation to the Treasurer of the States approval of budget transfers to and from Treasury and Resources’ budget for transfers up to £200,000.
Reason(s) for decision: Approval of the proposal will result in a reduction of administration burden for the Minister of Treasury and Resources and make efficiencies in the budget transfer process.
Action required: Minister to approve request.
Signature: (Minister/ Assistant Minister)			Date of Decision: 3rd October 2006

Delegation of authorisation of budget transfers from ministerial level.

Date: 25 September 2006

DELEGATION OF APPROVAL OF BUDGET TRANSFERS

Purpose of the report

The Minister is requested to approve the delegation of approval of budget transfers to and from Treasury and Resources’ budget.

Background

The Public Finances (Jersey) Law 2005 requires that budget transfers from a Ministry to another Ministry are approved by the respective Ministers.

In order to avoid undue burden on the Minister through the Ministerial Decision process it is requested that the approval of non contentious transfers under £200,000 are delegated to the Chief Officer or Deputy Chief Officer.

Treasury permission has been granted in principle for this delegation. All transfers will require the approval of the Department’s Finance Director prior to Chief Officer approval.

reCOMMENDATIONS

The Minister is recommended to approve the delegation of all budget transfers under £200,000, both to and from the Department of Treasury and Resources.

reASONS FOR THE DECISION

Approval of the delegation will reduce the administration burden for the Minister of Treasury and Resources and make efficiencies in the budget transfer process.