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Information and public services for the Island of Jersey

L'înformâtion et les sèrvices publyis pouor I'Île dé Jèrri

Budget Transfer - GAAP Accounting: Purchase of School Minibus

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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.

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A decision made 30 March 2012:

Decision Reference:  MD-ESC-2012-0006

Decision Summary Title:

Revenue to Capital  Budget transfer for School minibus

Date of Decision Summary:

19 March 2012

Decision Summary Author:

Paul O’Reilly

Finance Manager

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Revenue to Capital Transfer – Jersey College for Girls Minibus

Date of Written Report:

19 March 2012

Written Report Author:

Paul O’Reilly

Finance Manager

Written Report :

Public or Exempt?

Public

Subject: Budget transfer from revenue to capital in order to meet GAAP requirements for the purchase of a vehicle to enable the school to take children out of school for curriculum and developmental purposes

 

Decision(s): The Minister for Education, Sport and Culture approved the transfer of Revenue funds amounting to £25,637 to Capital.

 

Reason(s) for Decision:  The funds for the purchase of the school minibus which are currently included in revenue budgets are required to be transferred to capital to comply with GAAP requirements  

Resource Implications: There are no other financial or manpower resource implications.

 

Action required: For officers of the Department to request the approval of the Treasurer of the States to the transfer in accordance with Financial Direction 3.6

 

Signature:

 

 

 

 

Position:

 

                 

 

Date Signed:

Date of Decision:  

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