SEG means a standard expenditure group as identified in the Annual Budget;
(Financial Instructions 2005 s(3))
Standard Expenditure Group(s) is a classification by item of expenditure grouped in categories which reflect the economic or administrative purpose of expenditure.
For each
Ministry and for the budget as a whole a summary is presented by SEG.
SEGs 1 to 7
represent recurrent or operating expenditures whilst SEGs 8 to 10 are
expenditures of a capital nature involving assets above a certain minimum value
and with an economic life of several years.
Within each revenue and expenditure group, natural accounts are further divided into associated items, which is not unique across SEGs. For example, associated item ‘1’ in SEG 1, Established Staff denotes Personal Emoluments, whereas the same item code in SEG 3, Travel and Communications denotes Travel – Domestic. Thus, item code must be used together with the respective SEG to describe an associated item.
Two characters,
14th and 15th
describe the associated items in the respective Standard Expenditure Groups
(SEGs).
Within each Associated Item of a Standard Expenditure Group, expenditures can be further divided into sub items. Similarly to Associated Item codes, Item codes are not unique across the SEGs and associated items.
Two characters, 16th and 17th describe the sub items of an associated item in the respective Standard Expenditure Groups (SEGs).
Chart of Accounts Natural Account List for Standard Expenditure Groups characters 12 to 17 inclusive