MD-E-2010-0007
Jersey Airport Year End Budget Transfers 2009
In accordance with the Finance Law Transfers between Capital and Revenue must be approved by the Minister for Treasury & Resources. The following one off budget transfers need to be made in response to business decisions made throughout 2009 and the impact of the introduction of GAAP accounting.
Capital to Capital Transfers
1. VY0602 (ATC Displays) £200,000 - transfer to VY0604 (ATC Equipment) 121150 (Plant and Equipment) - the replacement of this equipment is now included within the main ATC migration project.
2. VY0901 (CUTE) £68,000 - transfer to VY0991 (MCA check in displays) 120710 (Computer Hardware) - the displays needed to be installed as a result of CUTE being introduced, however they are not part of the CUTE asset. Per DP 17-2009
3. VY0999 (MCAs) £183,000 - transfer to VY0992 (MCA Departures Roof Glazing) 120410 (Main Contract) - transfer between MCA capital votes. Per DP 29-2009
Capital to Revenue Transfers
4. VY0902 (Regulatory Compliance and Safeguarding) £150,000 - transfer to VAA070 (Safeguarding) 804030 (Ex Gratia Payments) to cover the “lost rental” element of the purchase of Sous l’Eglise. Per MD-E-2009-0149.
5. VY0902 (Regulatory Compliance and Safeguarding) £27,000 transfer to VAA070 (Safeguarding) 700101 (External Works) for the cutting down of trees and other landscaping works as recommended by regulatory reviews.
6. VY0902 (Regulatory Compliance and Safeguarding) £20,000 transfer to VAA070 (Safeguarding) 700101 (External Works) for the erection of obstacle lights onto three properties as recommended by the CAA Audit in August 2008. Per DP-72-2009
7. VY0999 (Minor Capital) £12,100 - transfer to VAR010 (Rescue and Firefighting) 643390 (Other training) to cover the cost of training associated with the procurement of the new Fire Tender which is not capital expenditure. Per DP 49-2009.
8. VY0901 (CUTE) £31,400 - transfer to VP0035 (Passenger Services) 721100 (Equipment Maintenance) to cover the revenue costs relating to the installation of CUTE (£27,643) plus the training costs incurred (£3,750). Per DP 65-2009.
Revenue to Capital Transfers
9. VPN000 (Common Services) 701525 (Heating and Ventilation) £11,000 - transfer to VY0999 (Minor Capital 2009) 121150 (Plant and Equipment) to cover the purchase of a sign printer which pre-GAAP would have been funded from revenue (the cost of the equipment excluding installation was <£10,000). Per DP 32a-2009.
10. VN0000 (Engineering Staff) 351985 (Staff Capital Recharge) £13,400 - transfer to VY0814 (Departures Retail) 121100 (Cap Manpower Expend) to cover the cost of internal labour relating to the creation of the new Retail Units and associated works.
D.Mitchell
Finance & Commercial Services Manager
14 January 2010
Footnote: Safeguarding is the protection of the airfield from obstacles.