Budget Transfer: Public Markets 2017 surplus to Public Markets maintenance

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While there is a presumption toward publication to support of transparency and accountability, detailed information may not be published if, for example, it would constitute a breach of data protection, or disclosure would prejudice commercial interest.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 decisoin made on 16 December 2017:

Decision Reference: MD-T-2017-0108
Decision Summary Title :	Public Markets Surplus Budget Transfer 2017		Date of Decision Summary:	14 December 2017
Decision Summary Author:	Finance Manager		Decision Summary: Public or Exempt? (State clauses from Code of Practice booklet)	Public
Type of Report: Oral or Written?	Written		Person Giving Oral Report:
Written Report Title :	Public Markets Surplus Budget Transfer 2017		Date of Written Report:	14 December 2017
Written Report Author:	Finance Manager		Written Report : Public or Exempt? (State clauses from Code of Practice booklet)	Public
Subject: Transfer of 2017 Public Market budget surplus to the Public Markets Maintenance Capital Head of Expenditure.
Decision(s): The Minister approved the transfer of up to £150,000 from the Department for Infrastructure Revenue Head of Expenditure to the Public Markets Maintenance Capital Head of Expenditure (F0000C2668) in 2017.
Reason(s) for Decision: The budget transfer is required to fund improvement works to the Central and Fish Markets and is in accordance with the long-standing agreement of the former Finance and Economics Committee (Act B7, 18/6/2003 refers).
Resource Implications: The Department for Infrastructure Revenue Head of Expenditure to decrease by up to £150,000 and the Public Markets Maintenance Capital Head of Expenditure (F0000C2668) to increase by up to £150,000 in 2017.
Action required: The Department for Infrastructure Finance Manager to let Treasury and Resources Business Support team know that the decision has been signed.
Signature:		Position:
Date Signed:		Date of Decision (If different from Date Signed):

Budget Transfer: Public Markets 2017 surplus to Public Markets maintenance

- 1 -

Department for Infrastructure

Ministerial Decision Report

budget transfer - Public markets surplus 2017

Purpose of Report

The Minister is asked to approve a budget transfer of the Public Market surplus from Department for Infrastructure revenue head of expenditure to the Public Markets Maintenance capital Head of Expenditure (F0000C2668) in 2017.

Background

Responsibility for the Indoor Markets was transferred from the former Economic Development Committee to the then Environment and Public Services Committee in 2003. At this time a review of stallholders’ rents was undertaken resulting in a significant uplift.

In successive Resource Plans and Business Plans the States approved funding to refurbish the Indoor Markets. It was recognised that although funds had been allocated previously through minor capital funding, the total sum available was insufficient to complete the required works.

The Finance and Economics Committee [Act B7, 18/6/2003] agreed to allow the Environment and Public Services Committee to carry forward surplus funds generated by the increased market rents for the express purpose of funding market maintenance.

Responsibility for the Indoor Market was subsequently transferred to Property Holdings in 2006.

The following surpluses have been generated:

2006 £226,200
2007 £144,500
2008 £238,294
2009 £211,562
2010 £89,906
2011 £177,101
2012 £276,266
2013 £139,224
2014 £12,520
2015 £13,187
2016 £67,174

3. Recommendation

The Minister is recommended to approve the transfer of up to £150,000 from the Department of Infrastructure Revenue Head of Expenditure to the Public Markets Maintenance Capital Head of Expenditure (F0000C2668) in 2017.

4. Reason for Decision

The budget transfer is required to fund improvement works to the Central and Fish Markets and is in accordance with the long-standing agreement of the former Finance and Economics Committee (Act B7, 18/6/2003 refers).

5. Resource Implications

The Department for Infrastructure Revenue Head of Expenditure to decrease by up to £150,000 and the Public Markets Maintenance Capital Head of Expenditure (F0000C2668) to increase by up to £150,000 in 2017.

These transfers do not change the amount of expenditure agreed by the States.

Report author :	Document date
Quality Assurance / Review :	File name and path:
MD sponsor :	File name and path: