Polis ak Komisyonè Krim pou Surrey – Dosye pou pran desizyon
Report Title: Revenue to Capital Transfer
Nimewo Desizyon: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Pwoteksyon Marking: OFISYE
Rezime Egzekitif:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
Istorik
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.
Rekòmandasyon:
Apwobasyon Komisyonè Lapolis ak Krim
Mwen apwouve rekòmandasyon (yo):
Siyati: David Munro (siyati mouye disponib sou kopi papye)
Dat: 22 / 02 / 2021