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Information and public services for the Island of Jersey

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

Jersey Heritage Trust: Refreshment and Refurbishment Fund: Budget Transfer

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A decision made 4 July 2013:

Decision Reference:  MD-ESC-2013-0010

Decision Summary Title:

Shortfall in Annual Refreshment and Refurbishment Fund for Jersey Heritage Trust

Date of Decision Summary:

22 May 2013

Decision Summary Author:

Finance Director  Education, Sport and Culture

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

Shortfall in Annual Refreshment and Refurbishment Fund for Jersey Heritage Trust

Date of Written Report:

22 May 2013

Written Report Author:

Finance Director

Education, Sport and Culture

Written Report :

Public or Exempt?

Public

Subject:  Shortfall in Annual Refreshment and Refurbishment Fund for Jersey Heritage Trust (JHT).

Decision(s): 

The Minister accepted the transfer of £315,000 from Central Contingency (one-off) to ESC for JHT annual capital requirements in line with the Refreshment and Refurbishment Fund.

 

Reason(s) for Decision:  The requirement for the funding for capital for Jersey Heritage was identified by the Comptroller and Auditor General and independent consultants engaged by Economic Development Department.  The need for the fund is to carry out a rolling programme of improvements.  In the MTFP this was funded by the Summer Lottery but it is anticipated that this will not be enough and funding is required now so that works can commence.

Resource Implications:  Transfer of £315,000 to ESC for JHT

Action required: Request for Treasury Minister to approve and then the Finance Director and Treasury to implement the transfer.

Signature:

Position: Deputy Patrick Ryan, Minister for Education, Sport and Culture        

      

Date Signed:

Date of Decision:

 

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