Komisyoner sa Pulisya ug Krimen para sa Surrey - Rekord sa Paghimog Desisyon
Report Title: Revenue to Capital Transfer
Numero sa desisyon: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Pagpanalipod nga Pagmarka: OPISYAL
Sumaryo sa Executive:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
background
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.
Rekomendasyon:
Pag-apruba sa Police ug Crime Commissioner
Aprobahan nako ang (mga) rekomendasyon:
Pirma: David Munro (basa nga pirma anaa sa hard copy)
Petsa: 22 / 02 / 2021