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

Central Reserve Funding: Parental Leave 2024

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A decision made 27 June 2024:

Decision Reference:  MD-TR-2024-488

Public

Subject: Release of Ringfenced Funding for Parental leave in 2024

 

Report Title: WR - Release of Ringfenced Funding for Parental leave in 2024

Public

Decision(s):

The Minister approved the allocation of up to £2,360,000 from the Central Reserve – Centrally Held Items to various Heads of Expenditure to fund the incremental costs of parental leave in 2024.

Reason for Decision(s):

Article 15(3) of the Public Finances (Jersey) Law 2019 provides that the approval by the States of a Government Plan authorises the Minister to direct how an approved appropriation for a reserve Head of Expenditure in the plan may be spent (including on another Head of Expenditure) in the first financial year covered by the plan.  The current Policy for Allocations from the Reserve, presented to the States Assembly as R.76/2022, set out the requirements for allocations from Reserves. These requirements have been met and the Treasurer recommended these allocations to the Minister for Treasury and Resources for approval.

Resource Implications: The Central Reserve – Centrally Held Items will decrease by up to £2,360,000 in 2024, while the following Departmental Heads of Expenditure will increase as follows: Children, Young People, Education and Skills by up to £1,275,000; Health and Community Services by up to £580,000; Justice and Home Affairs by up to £345,000, and; States of Jersey Police by up to £160,000. This decision does not change the total amount of expenditure approved by the States in the Government Plan 2024-27.

 

Action Required: The Head of Financial Governance to advise the Head of Investment Appraisal that this decision is approved.

Signature:

 

 

Signed By: Minister for Treasury and Resources

Date Signed:

 

 

Date of Decision (If different from Date Signed):

 

 

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