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STATES OF JERSEY
r
TRANSFERS BETWEEN HEADS OF EXPENDITURE UNDER THE
PUBLIC FINANCES (JERSEY) LAW 2005: ARTICLE 18(1)(c) AND (1A) –
END OF YEAR 2019
Presented to the States on 18th February 2020 by the Minister for Treasury and Resources
STATES GREFFE
2020 R.11
REPORT
Decision(s): Under Article 18(1B) of the Public Finances (Jersey) Law 2005 ("the Law"), as amended by L.18/2018, the Minister for Treasury and Resources hereby notifies the States, having consulted the Chief Minister, the Principal Accounting Officer ("PAO"), and the relevant Minister or other appointees set out in Article 18(1B) and (2) of the Law; and who are affected by the transfers; that he has agreed to the following –
Transfers between Heads of Expenditure under Article 18(1)(c) and (1A) of the Law
MD-TR- Ref. | Department | £ | Funding of – | |
From – | To – | |||
2020- 0011 | Various Revenue Heads of Expenditure | Various Revenue Heads of Expenditure | a non- recurring transfer – as detailed in the Appendix A table in this report | Planned measures to address the financial position of departments and reserves for the final year of the Medium Term Financial Plan 2016-2019 |
Various Revenue Heads of Expenditure | Reserve | transfer balances of up to £536,039 | ||
Growth, Housing and Environment head of expenditure |
| non-recurring transfer of the market surplus of £9,774 | ||
Public markets, Capital Head of Expenditure | Public markets smoothing reserve in central reserves | transfer the total balance of £710,892 | ||
Office of the Chief Executive Head of Expenditure | Court and Case Costs smoothing reserve in central reserves | a transfer of £397,220 | ||
Various Capital Heads of Expenditure | Reserves | non-recurring transfer of up to £1.2 million | ||
Central Planning Vote | Reserves | non-recurring transfer of up to £1.3 million | ||
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"Refurb of Sandybrook" Head of Expenditure | "Orchard House" Head of Expenditure | non-recurring transfer of £500,450 |
2019 Reserve | 2020 Reserve | non-recurring transfer of up to £26.5 million |
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Spending pressures arising within the departments for 2019 were monitored during the year by the Minister, planning to use underspends within other departments rather than drawing on the Reserve.
Now that the year-end position is confirmed the Minister is able to confirm and approve that intention and associating transfers of net departmental underspends and within total budget available for all departments without recourse to further contingency.
Furthermore, in light of known and potential funding pressures for 2020 the Minister approved the transfer of net departmental underspend and unspent sums on the Reserve for 2019.
This decision will result in various transfers between revenue heads of expenditure and then revenue and capital heads of expenditure decreasing by up to £26.5 million in 2019 and Reserves increasing by the same amount in 2020.
After the expiry of 14 days following the presentation to the States of these transfers, the Minister hereby authorises the Treasurer of the States to action the transfers outlined in the table above.
R.11/2020
Further information on these decisions can be found on www.gov.je under the following Ministerial Decision reference –
MD-TR-2020-0011
which was signed on 14th February 2020.