Coimisinéir Póilíneachta agus Coireachta do Surrey - Taifead Cinnteoireachta
Report Title: Revenue to Capital Transfer
Uimhir chinnidh: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Marcáil Chosanta: OIFIGIÚIL
Achoimre Feidhmiúcháin:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
cúlra
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.
Moladh:
Faomhadh an Choimisinéara Póilíneachta agus Coireachta
Glacaim leis an moladh/na moltaí:
Síniú: David Munro (síniú fliuch ar fáil ar chóip chrua)
Dáta: 22 / 02 / 2021