Budget Setting. The key budget setting deadlines for each Financial Year during the Term are set out below. The timings are intended to ensure the strategic development of health and social care integration and that Individual Schemes are procured and signed off in a timely manner. October Financial Modelling to be undertaken to predict future financial commitments to be funded from the Better Care Fund. November Proposed Better Care Fund spending plan to be discussed and agreed by the Partnership Board. January Better Care Fund Plans to Cabinet / Scrutiny committees (Council) Better Care Fund Plans to CCG Boards Better Care Fund Plan to the Integration Executive and the Leicestershire Health and Wellbeing Board February Final Council approval Final CCG approval The above timeline shows where actions will take place and how recommendations on strategic development and investment from the Partnership Board will need to feed into the financial planning and processes of the CCGs and the Council. Each Partner will need to confirm the level of investment available for the Better Care Fund in each Financial Year of the Term. The Partner responsible for commissioning each Individual Scheme will receive from the Pooled Fund the amount agreed for that Individual Scheme in the Better Care Fund Spending Plan, which will be used to procure the relevant Services as appropriate. The Better Care Fund Plan will include details of Individual Schemes that will be funded from the Better Care Fund. Each Individual Scheme will be allocated a maximum budget within which Partners must work. The Better Care Fund Plan will include analysis of the cost per Individual Scheme. Should the Partners agree not to continue to fund an Individual Scheme any liabilities or costs associated with its termination will be the liability of the Partner responsible for commissioning that Individual Scheme unless otherwise agreed by the Partnership Board. Inflationary pressures will be identified by the commissioning organisation and reported to the Pooled Fund Manager for inclusion into the Better Care Fund Spending Plan. If any Partner receives an allocation or grant part or all of which is specific to an Individual Scheme identified in this Agreement, the relevant Partner will pay the relevant part or all of those allocations or grants as appropriate to the Pooled Fund in addition to the sums that make up their agreed Financial Contributions to the Pooled Fund. Non-recurrent Payments will be recognised as such a...
Budget Setting. 10.9 By 1st January of each Financial Year the Pooled Fund Manager shall
Budget Setting. 4.1 The budget for the Equipment Loans Service for 2017/19 shall be as set out in Clause 3.4 above.
Budget Setting. The partner agencies annual planning cycles are shown in the diagram attached at paragraph 12 below. This process includes the preparation of medium and long term service projections. Budget estimates will be prepared as an integral part of the process by each partner agency and discussed by the LPFT who will report details to the CHCP Management Team (CHCPMT) with any recommendations. CHCPMT will in turn advise the partner agencies and the Community Health Partnership Committee as appropriate.
Budget Setting. 3.1 The relevant finance officers of each Force shall agree an annual timetable for the purpose of producing relevant and timely budgetary information each year.
Budget Setting. 5. For each financial year from 2010/11 onwards the provisional budget of the JPU will be prepared by the Head of the JPU (supported as required by the Head of Finance at SNC) and agreed by the WNJSPC by no later than 31 October in the preceding financial year.
Budget Setting. 5.1 Budget Setting Principles
Budget Setting. Budgets will run for a full financial year from 1st April to 31st March and will be reviewed and agreed annually by both parties, and will be formally approved the authority and CCG 30 days prior to the start of each financial year. The agreed budgets will be formally approved by both parties in accordance with the reporting arrangements outlined in this agreement preferably before the start of the financial year, but within 3 months of the start of the financial year. Xxxxxxx agreed retrospectively will be deemed to be in effect from 1st April of the financial year unless an alternative commencement date is jointly agreed by both parties and ratified by the board. In the event that internal cost reductions or efficiency schemes of either party will give rise to a reduction in contributions to the S75 agreement this should be notified in writing to the board and other partner no later than three months before the commencement of the financial year in which the reduction will take effect. This is to enable effective alternative financial arrangements to be put in place. In the event that budgets are not jointly agreed prior to the start of the year financial year a provisional budget will be agreed and finalised within 3 months of the start of the financial year. In the event that financial agreement cannot be reached on funding for a particular service within the period specified that service will cease to be part of the s75 arrangements, at the end of the 3 month provisional budget period. The joint budget setting discussions will consider and agree on the impact of the section 75 budgets of:
Budget Setting. The Board will set one-year and BID term budgets for individual theme groups at the outset of each financial year; and will retain the overall collective responsibility for approving the Business Plans of individual themes; for monitoring spend against budget, and for agreeing any significant new project or variation to that budget during the course of the year. The budget-setting decisions of the Board will be supported by (1) the Finance & General Purposes Committee, which will be responsible for reviewing, and advising the Board on the Groups’ proposals for overall yearly Business Plans and budgets, and (2) The Theme Groups – which will be responsible for drawing up draft individual Theme Group Business Plans and budget proposals for each of the projects for which they are responsible. More detailed procedures and processes will be developed where necessary to implement these broad principles and responsibilities in relation to setting annual and BID term budget(s):
Budget Setting a) Budgets will run for a full financial year from 1st April to 31st March and will be reviewed and agreed annually by both Partners, and will be formally approved the authority and CCG 30 days prior to the start of each financial year.
