Proposed Government Plan 2022-2025 (P.90/2021): twenty-third amendment (P.90/2021 Amd. (23)): amendment First Tower playing field

STATES OF JERSEY

PROPOSED GOVERNMENT PLAN 2022- 2025 (P.90/2021): TWENTY-THIRD AMENDMENT (P.90/2021 AMD. (23)) – AMENDMENT

FIRST TOWER PLAYING FIELD

Lodged au Greffe on 7th December 2021 by the Council of Ministers

STATES GREFFE

2021  P.90 Amd.(23) Amd.

PROPOSED GOVERNMENT PLAN 2022-2025 (P.90/2021): TWENTY-

THIRD AMENDMENT (P.90/2021 AMD. (23)) – AMENDMENT

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1  PAGE 2, PART 1 –

After the words "Summary Table 5(ii)," substitute the remainder of the paragraph with the words –

"the Head of Expenditure for Central Planning Reserve shall include £150,000, as part of the existing allocation, for First Tower playing field'".

COUNCIL OF MINISTERS

Note:  After this amendment, the 23rd amendment would read as follows – 1  PAGE 2, PARAGRAPH (f) –

After the words "Appendix 2 – Summary Tables 5(i) and (ii) to the Report" insert the words –

", except that, in Summary Table 5(ii), the Head of Expenditure for Central Planning Reserve shall include £150,000, as part of the existing allocation, for First Tower playing field'"

Note:  After this amendment, the proposition would read as follows –

THE STATES are asked to decide whether they are of opinion

to receive the Government Plan 2022 – 2025 specified in Article 9(1)

of the Public Finances (Jersey) Law 2019 ("the Law") and specifically –

1. to approve the estimate of total States income to be paid into the Consolidated Fund in 2022 as set out in Appendix 2 – Summary Table 1 to the Report, which is inclusive of the proposed taxation and impôts duties changes outlined in the Government Plan, in line with Article 9(2)(a) of the Law;
2. to approve the Changes to Approval for financing/borrowing for 2022, as shown in Appendix 2 – Summary Table 3 to the Report, which may be obtained by the Minister for Treasury and Resources, as and when required, in line with Article 9 (2)(c) of the Law, of up to those revised approvals;

3. to approve the transfers from one States fund to another for 2022 of up to and including the amounts set in Appendix 2 – Summary table 2 to the Report, noting that the transfer from the Consolidated Fund to the Technology Fund is subject to the Assembly's approval of a proposition to create such a Fund in 2022, in line with Article 9(2)(b) of the Law;
4. to approve each major project that is to be started or continued in 2022 and the total cost of each such project and any amendments to the proposed total cost of a major project under a previously approved Government Plan, in line with Article 9(2)(d), (e) and (f) of the Law and as set out in Appendix 2 - Summary Table 4 to the Report;
5. e. to endorse the efficiencies and other re-balancing measures for 2022 contained in the Government Plan as set out in Appendix 2 Summary Table  6  and  reflected  within  each  gross  head  of  expenditure  in Appendix 2 – Summary Table 5(i):
6. to  approve  the  proposed  amount  to  be  appropriated  from  the Consolidated Fund for 2022, for each head of expenditure, being gross expenditure less estimated income (if any), in line with Articles 9(2)(g), 10(1) and 10(2) of the Law, and set out in Appendix 2 – Summary Tables 5(i) and (ii) of the Report, except that, in Summary Table 5(ii),the Head of Expenditure for Central Planning Reserve shall include£150,000, as part of the existing allocation, for First Tower playing field';
7. to approve up to £480 million to be appropriated from the Consolidated Fund for the Past Service Pension Liabilities Refinancing head of expenditure, subject to the availability of funding, which may include, in full or in part, use of the borrowing/financing referred in paragraph (b);
8. to approve the estimated income, being estimated gross income less expenditure, that each States trading operation will pay into its trading fund in 2022 in line with Article 9(2)(h) of the Law and set out in Appendix 2 – Summary Table 7 to the Report;
9. to approve the proposed amount to be appropriated from each States trading operation's trading fund for 2022 for each head of expenditure in line with Article 9(2)(i) of the Law and set out in Appendix 2 – Summary Table 8 to the Report;
10. to approve the estimated income and expenditure proposals for the Climate Emergency Fund for 2022 as set out in Appendix 2 – Summary Table 9 to the Report;
11. to approve an amendment to the policy of the Strategic Reserve Fund to enable that Fund to be used as a holding Fund for any or all monies related to the repayment of debt raised through external financing, with the monies used to offset the repayment of debt, as and when required; and

12. to approve, in accordance with Article 9(1) of the Law, the Government Plan 2022-2025, as set out at Appendix 3 to the Report.

REPORT

The Council of Ministers support the principle of this amendment, but propose an amendment to the allocation methodology to align it with the standard governance practice for projects of this nature.

Allocations for a feasibility study are normally made through the Central Planning Reserve, and Council propose to include the amount for the First Tower playing field in this Head of Expenditure rather than creating a new Head of Expenditure. The funding will be allocated through existing allocations held in the Central Planning Reserve, ensuring that overall expenditure does not increase.

The Central Planning Reserve provides a flexible approach to funding initial assessment and feasibility work for projects by enabling projects to be funded based on the speed at which they progress. Notwithstanding this flexibility, in order to ensure that other projects already included within the Central Planning Reserve are not impacted by this amendment,  Ministers  will  consider  allocating  additional  funding  to  the  Central Planning Reserve from unspent allocations at the end of 2021.

Financial and manpower implications

The amendment as proposed increases Consolidated Fund expenditure by £150,000 in 2022.

As amended the costs are proposed to be absorbed within existing allocations.