Ọlọpa ati Komisona Ilufin fun Surrey - Igbasilẹ Ṣiṣe ipinnu
Report Title: Revenue to Capital Transfer
Nọmba ipinnu: 006/2021
Author and Job Role: Kelvin Menon – OPCC Treasurer
Aami aabo: OSISE
Isọniṣoki ti Alaṣẹ:
The purpose of this decision to permit the transfer of £1,917,800 from Revenue to Capital to fund short life Capital Expenditure.
Background
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.
Iṣeduro:
Olopa ati Crime Komisona alakosile
Mo fọwọsi awọn iṣeduro naa:
Ibuwọlu: David Munro (Ibuwọlu tutu ti o wa lori ẹda lile)
Ọjọ: 22 / 02 / 2021