Police kaj Krimkomisaro por Surrey - Decidfarado-Rekordo
Report Title: Revenue to Capital Transfer
Decida numero: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Protekta Markado: OFICIAL
Plenuma Resumo:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
fono
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.
Rekomendo:
Police kaj Krimkomisaro Aprobo
Mi aprobas la rekomendon(j)n:
Subskribo: David Munro (malseka subskribo havebla sur paperkopio)
Dato: 22 / 02 / 2021