Police a Kriminalitéit Kommissär fir Surrey - Decisioun Rekord
Report Title: Revenue to Capital Transfer
Decisioun Zuel: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Schutzmoossnamen Marquage: OFFIZIELL
Zesummefaassung:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
Hannergrond
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.
Recommandatioun:
Police a Kriminalitéit Kommissär Genehmegung
Ech stëmmen d'Empfehlung(n):
Ënnerschrëft: David Munro (naass Ënnerschrëft verfügbar op Hardcopy)
Datum: 22 / 02 / 2021