Pooled Budget definition

Pooled Budget means the Financial Contributions of each Partner pooled into a designated account held by the Lead Partner and managed by the Head of Adoption and the Partnership Board in accordance with Schedule 5 (Financial Protocol); Staff: mean all officers, employees, agents, consultants and contractors of the Partners and/or of any sub-contractor engaged in the performance of their obligations under this Agreement to be managed by the Head of Adoption; Regional Panel(s) means the panels that will be held to support the functions of each Partner’s adoption agency decision-maker in accordance with Schedule 10 (Adoption Panels);
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Pooled Budget means those elements of each Approved Budget within the Integrated Health and Care Fund which can legally be “pooled” under “pooled fund arrangements” entered into pursuant to Section 75(2)(a) of the XXX Xxx 0000 and Regulation 7 of the NHS Regulations 2000 and which the Partners have determined or shall determine will be pooled. The element of the Services that fall within the Pooled Budget are indicated at Schedule 3. Commissioning Decisions in relation to the Pooled Budget shall be made as described at Clause 5 and in the Decision Matrix: set out at Schedule 5.
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Pooled Budget means that different agencies contribute funds, but one host agency accounts for the money. Less formally, budgets can be aligned. This occurs when different agencies effectively keep their money in their own accounts but align the money toward agreed joint outcomes (Lorgelley et al 2009). A number of legislative examples of pooled funding are in existence in England. Section 28a of the NHS Act 1977 and Section 31 Partnership Arrangements of the Health Act 1999 enabled local authorities and NHS trusts to pool finances through legal agreements. Section 75 of the NHS Act 2006 allows the pooling of funds where payments may be made towards expenditure incurred in the exercise of any NHS or ‘health-related’ local authority functions. Section 75 also allows for one partner to take the lead in commissioning services on behalf of the other (lead commissioning) and for partners to combine resources, staff and management structures to help integrate service provision (integrated management or provision), commonly known as ‘Health Act flexibilities’. Staff can be seconded/transferred and managed by another organisation’s personnel. The Act also makes provision for the functions (statutory powers or duties) to be delivered on a daily basis by another partner, subject to the agreed terms of delegation. This legislation only applies to local authority and health partners.
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Examples of Pooled Budget in a sentence

  • Under Section 31 of the Health Act 1999, Nottinghamshire County Council has entered into the following Pooled Budget Arrangements with the partners set out below.

  • Pooled Budget: Better Care FundThe Better Care Fund pooled budget was established on 1 April 2015 and incorporates the intermediate care pooled budget that existed in prior years.

  • The Better Care Fund Pooled Budget arrangements commenced on 1 April 2015.

  • Paid via Pooled Budget under section 75agreement with KMBCInformation not collected by CCG.

  • Pooled Budget: This is a cost sharing arrangement with the Merton and Sutton PCT.

  • Members will recall that a Pooled Budget is a shared budget between organisations supported by appropriate governance structures to enable shared decision making to take place.

  • The forecast includes use of the additional 2011/12 funding of £6.196m for Adult Social Care being provided via the NHS of which the majority has been allocated to the Older People’s Pooled Budget.

  • The Manchester Health and Care Commissioner (MHCC) elements of these costs have already been included in the Pooled Budget.

  • LCC and the CCG are responsible for paying for different elements of care, and LCC is responsible for the financial running of the Pooled Budget.

  • All expenditure for the provision of services for adults with learning disabilities is through this Pooled Budget.


More Definitions of Pooled Budget

Pooled Budget shall have the meaning set out in this Agreement more particularly in clauses 2, 6 and 7.
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Pooled Budget means a formal arrangement under Section 75 of the National Health Service Act 2006. Under such an arrangement both Partners make specified financial contributions out of which payments will be made towards expenditure incurred in the exercise of specified NHS functions and social care functions on which the Partners have agreed. This Agreement sets out the aims, accountabilities and responsibilities and how much is being committed and for how long as well as how the associated financial risks will be managed and shared.
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Pooled Budget means that different agencies contribute funds, but one host agency accounts for the money. Less formally, budgets can be aligned. This occurs when different agencies effectively keep their money in their own accounts but align the money toward agreed joint outcomes.166
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Pooled Budget means the budget agreed between the Parties for the purpose of securing the Services or part of them pursuant to this Agreement, made up of the Financial Contributions from the Parties in accordance with the Regulations as set out in the Annual Budget.
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Pooled Budget means the budget used for the provision of the Service in accordance with this agreement.
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Pooled Budget means the pooled fund consisting of CCG Contributions and Council Contributions in respect of the Service provided pursuant to this Agreement;
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Related to Pooled Budget

  • Approved Budget means an annual budget-

  • Project area budget means a multiyear projection of annual or cumulative

  • Operating Budget has the meaning given in Section 3.11(a).

  • Capital Expenditure Budget shall constitute an estimate for the applicable period of the capital expenditures required to (i) accomplish capital enhancement projects included in the most recently approved Strategic Plan, (ii) maintain and preserve the Partnership's assets in good operating condition and repair and (iii) achieve or maintain compliance with any HSE Law.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • Approved Project Budget means the most recent statement, approved by the FTA, of the costs of the Project, the maximum amount of Federal assistance for which the TJPA is currently eligible, the specific tasks (including specified contingencies) covered, and the estimated cost of each task.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • DIP Budget means a projected statement of sources and uses of cash for the Borrower and the Guarantors on a weekly basis for the following 13 calendar weeks. As used herein, “DIP Budget” shall initially refer to the initial 13-week projection delivered in accordance with Section 6.2 and thereafter shall refer to the most recent 13-week projection delivered by the Borrower in accordance with Section 9.1(c).

  • Project area plan means a written plan that, after its effective date, guides and controls the development within a project area.

  • Annual Work Plan and Budget means each annual work plan and budget (including related cash forecasts) for the implementation of the Project approved by the Association, referred to in Section I.D of Schedule 2 to this Agreement; and “Annual Work Plans and Budgets” means, collectively, all such plans and budgets.

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Business Plan means the information required to be supplied to the

  • Project Year means the 12 month period beginning from the Effective Date and ending 12 months thereafter and each successive 12 month period following thereafter;

  • Expansion Capital Expenditures means cash expenditures for Acquisitions or Capital Improvements. Expansion Capital Expenditures shall include interest (including periodic net payments under related interest rate swap agreements) and related fees paid during the Construction Period on Construction Debt. Where cash expenditures are made in part for Expansion Capital Expenditures and in part for other purposes, the General Partner shall determine the allocation between the amounts paid for each.