Decision Log – 006/2021 Revenue to Capital Transfer

Comissionat de policia i delictes de Surrey: registre de presa de decisions

Report Title: Revenue to Capital Transfer
Número de resolució: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Marcatge de protecció: OFICIAL

Resum executiu:

The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.

Fons

Any expenditure on assets deemed to have a life of longer than one year is usually capitalised provided that it is greater than de-minimus limits. However as borrowing has only been permitted by the PCC for estates this expenditure has to be met from existing capital receipts or from revenue.

As a consequence a revenue transfer is required to ensure that this capital expenditure can be funded.

Recomanació:
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Signatura: David Munro (signatura humida disponible en còpia impresa)
Data: 22 / 02 / 2021