Kummissarju tal-Pulizija u l-Kriminalità għal Surrey – Rekord tat-Teħid tad-Deċiżjonijiet
Report Title: Revenue to Capital Transfer
Numru tad-Deċiżjoni: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Immarkar Protettiv: UFFIĊJALI
Sommarju Eżekuttiv:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
Sfond
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.
Rakkomandazzjoni:
Pulizija u Kummissarju tal-Kriminalità Approvazzjoni
Napprova r-rakkomandazzjoni(jiet):
Firma: David Munro (firma mxarrba disponibbli fuq kopja stampata)
Data: 22 / 02 / 2021