Decision Log – 006/2021 Revenue to Capital Transfer

Police and Crime Commissioner for Surrey – Decision Making Record

Report Title: Revenue to Capital Transfer
Decision number: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Protective Marking: OFFICIAL

Executive Summary:

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


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.

Police and Crime Commissioner Approval

I approve the recommendation(s):

Signature: David Munro (wet signature available on hard copy)
Date: 22/02/2021