Common use of Principles of Budget Monitoring Clause in Contracts

Principles of Budget Monitoring. 7.1.1 The starting principle is that the structure of the budget management and responsibility has evolved over the existing S75 Agreement period, rather than face a major restructuring at the start of the year. The Partners aim to make clear and consistent progress, from the start of each financial year, towards a more joined up structure of budgetary control. 7.1.2 The forecasting approach for the Pooled Fund and the wider Integrated Commissioning Fund will be determined by the Partners. 7.1.3 It is a requirement that variations to a balanced outturn will be reported promptly to the Partners. Escalation rules will address scope for managing the situation within the executive management team, including agreed delegations. 7.1.4 The Partners have developed a model for monitoring monthly performance of the Integrated Commissioning Fund. This model includes: • Actual and forecast expenditure and income. • Monitoring against agreed outcomes.

Principles of Budget Monitoring. 7.1.1 The starting principle is that the structure of the budget management and responsibility has evolved over the existing S75 Agreement periodwill evolve during 2019/20, rather than face a major restructuring at the start of the year. The Partners aim expect to make clear and consistent progress, from the start of each the financial year, towards a more joined up structure of budgetary control. 7.1.2 The forecasting approach for the Pooled Fund and the wider Integrated Commissioning Fund will be determined by the Partners. 7.1.3 It is a requirement that variations to a balanced outturn will be reported promptly to the Partners. Escalation rules will address scope for managing the situation within the executive management team, including agreed delegations.; 7.1.4 The Partners have developed will develop a model for monitoring monthly performance of the Integrated Commissioning Fund. This model includeswill include: • Actual and forecast expenditure and income. ; • Monitoring against agreed outcomes.

Principles of Budget Monitoring. 7.1.1 The starting principle is that the structure of the budget management and responsibility has evolved over the existing S75 Agreement period, rather than face a major restructuring at the start of the year. The Partners aim to make clear and consistent progress, from the start of each financial year, towards a more joined up structure of budgetary control. 7.1.2 The forecasting approach for the Pooled Fund and the wider Integrated Commissioning Fund will be determined by the Partners. 7.1.3 It is a requirement that variations to a balanced outturn will be reported promptly to the Partners. Escalation rules will address scope for managing the situation within the executive management team, including agreed delegations. 7.1.4 The Partners have developed a model for monitoring monthly performance of the Integrated Commissioning Fund. This model includes: •  Actual and forecast expenditure and income. •  Monitoring against agreed outcomes.

Principles of Budget Monitoring. 7.1.1 The starting principle is that the structure of the budget management and responsibility has evolved over the existing S75 Agreement periodwill evolve during 2020/21, rather than face a major restructuring at the start of the year. The Partners aim expect to make clear and consistent progress, from the start of each the financial year, towards a more joined up structure of budgetary control. 7.1.2 The forecasting approach for the Pooled Fund and the wider Integrated Commissioning Fund will be determined by the Partners. 7.1.3 It is a requirement that variations to a balanced outturn will be reported promptly to the Partners. Escalation rules will address scope for managing the situation within the executive management team, including agreed delegations.; 7.1.4 The Partners have developed will develop a model for monitoring monthly performance of the Integrated Commissioning Fund. This model includeswill include: •  Actual and forecast expenditure and income. • ;  Monitoring against agreed outcomes.