Economic stimulus: Funding for 'advance to work' project

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A decision made 7 December 2009 regarding: Economic stimulus: Funding for 'advance to work' project.

Decision Reference: MD-TR-2009-0198
Decision Summary Title:	Discretionary Fiscal Stimulus – Education, Sport and Culture Budget Allocation – Advance to Work		Date of Decision Summary:	3rd December 2009
Decision Summary Author:	Treasurer of the States		Decision Summary: Public or Exempt?	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:	N/A
Written Report Title:	Allocation of fiscal stimulus funding to Education, Sports and Culture – Advance to Work		Date of Written Report:	3rd December 2009
Written Report Author:	Fiscal Stimulus Programme Manager		Written Report : Public or Exempt?	Public
Subject: Economic Stimulus Plan: budget allocation to the Education, Sport and Culture Department in relation to the Advance to Work project which is being undertaken by the skills and training project team.
Decision(s): The Minister approved the allocation of £393,000 to Education, Sport and Culture, to be transferred to the department budget as soon as possible and allocated to revenue expenditure as set out in the accompanying report. He further instructed the skills and training project group to report on spend of all stimulus monies, and project progress/performance, on a monthly basis in accordance with guidelines set by the Treasury.
Reason(s) for Decision: A discretionary fiscal stimulus allocation from the Stabilisation Fund of £44m has already been approved. The £393,000 approved funding will enable the skills and training project group to continue the Advance to Work scheme up to 31 August 2010.
Resource Implications: There are no additional resource implications outside existing approvals.
Action required: Treasury to be informed of decision to release necessary funds to the Education Sport and Culture budget.
Signature:		Position: Senator P F C Ozouf, Minister for Treasury and Resources
Date Signed:		Date of Decision: