Common use of Budget Setting Clause in Contracts

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 and the commitments against them highlighted. This is to reduce the risk of Non-recurrent budgets funding recurrent commitments and should this happen that all Partners are aware of the risk.

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 LLR ICB Boards Better Care Fund Plan to the Integration Executive and the Leicestershire Health and Wellbeing Board February Final Council approval Final CCG LLR ICB 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 LLR ICBs 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 organization 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 recognized as such and the commitments against them highlighted. This is to reduce the risk of Nonnon-recurrent budgets funding recurrent commitments commitments, and should this happen that all Partners are aware of the risk.