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2015 Budget Proposition and Draft 2015 Budget Statement

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A decision made on 17 July 2014:

Decision Reference:  MD-TR-2014-0076

Decision Summary Title:

2015 Budget Proposition and Draft 2015 Budget Statement

Date of Decision Summary:

15 July 2014

Decision Summary Author:

Comptroller of Taxes

Decision Summary:

Public or Exempt?

Public

Type of Report:

Oral or Written?

Written

Person Giving

Oral Report:

N/A

Written Report

Title:

2015 Budget Proposition and Draft 2015 Budget Statement

Date of Written Report:

15 July 2014

Written Report Author:

Comptroller of Taxes

Written Report :

Public or Exempt?

Public

Subject:

2015 Budget Proposition and Draft 2015 Budget Statement.

Decision(s):

 The Minister approved the following for lodging “au Greffe”:

  • 2015 Budget Proposition; and
  • Draft 2015 Budget Statement.

Reason(s) for Decision:  

The 2015 Budget proposition and draft 2015 Budget Statement are to be lodged “au Greffe” at least 8 weeks prior to debate on 22 September 2014, as required by the Public Finances (Jersey) Law 2005.

Resource Implications:

The proposals within the Draft 2015 Budget Statement will be implemented without any increase to current approved staffing levels.

 

The financial implications of the Budget proposals in 2015 would be an increase to States revenues of £962,000 compared to the forecast from the 2014 Budget with the impact of the income tax measures which relate to income tax year of assessment 2015 not impacting on States revenues until the financial year 2016 when the financial implications are estimated to be an increase of £2,662,000.

Action required:

The Greffier of the States is requested to lodge “au Greffe” the 2015 Budget Proposition and draft 2015 Budget Statement attached to this decision, on Friday 18 July 2014 together with the Report, with a request for debate on 22 September 2014.

Signature:

 

 

 

 

Position: Senator  P F C Ozouf, Minister for Treasury and Resources

 

                 

 

Date Signed:

 

Date of Decision:

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