Comisiynydd Heddlu a Throseddu Surrey – Cofnod Gwneud Penderfyniadau
Report Title: Revenue to Capital Transfer
Rhif penderfyniad: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Marcio Amddiffynnol: SWYDDOGOL
Crynodeb Gweithredol:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
Cefndir
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.
Argymhelliad:
Cymeradwyaeth Comisiynydd yr Heddlu a Throseddu
Rwy’n cymeradwyo’r argymhelliad(ion):
Llofnod: David Munro (llofnod gwlyb ar gael ar gopi caled)
Dyddiad: 22 / 02 / 2021