Reallocation of Funds is the transfer of funds between votes in accordance with the established rules and guidelines.

Process

Step 1:  The Ministry and Department submit a Reallocation Schedule (collected at Treasury), to the Ministry of Finance with an self-explanatory covering memorandum.

Step 2:  The Reallocation Schedule is processed.

Step 3:  Once processed, a copy of the Reallocation Schedule is returned to the Ministry/Department, and the change is reflected on the JD Edwards system.

Supporting Documents

None

Method of Applying

In Person

Turn Around Time

3 Working Days

Additional Notes

Please contact the Ministry of Finance Budget Unit for votes where funds cannot be reallocated.
 

Department Contact Information

Ministry of Finance

Ministry of Finance
33 Admin Drive
Road Town, Tortola
Virgin Islands (British) VG1110

Business Hours:

Monday - Friday  
8:30 a.m. to 4:30 p.m.

Email Address: finance@gov.vg

Telephone: 1(284) 468-2144
Fax: 1(284) 468-3299