Search Results for "budget"
Searching in version 16.0.0.0 - Found 4 results
Chapter 4: Glossary of Terms
Budget
The budget is defined as: (i) The identification and allocation of financial resources for the following financial year(s) by the full Council including:- Revenue Budgets; Capital Budgets; The Council Tax Base; The Council Tax Level; Borrowing Requirements; Prudential Indicators; The Medium-Term Financial Strategy; and The Level of Uncommitted Reserves
The Cabinet is the main decision-making body of the Council in particular it is responsible for implementing the Council’s Policy Framework and Budget. The Cabinet is made up of the Mayor and between two and nine other councillors chosen by the Mayor. The Cabinet will carry out all of the Authority’s functions which are delegated to it by the Mayor and that are not the responsibility of any other part of the Authority, whether by law or under the Constitution. See also Junior Cabinet Members and Cabinet Ambassadors.
A document published by the Council on behalf of the Mayor which contains information on significant decisions that the Council expects to take over the next few months. As a minimum this will include notice of all Key Decisions to be taken by the Mayor or Cabinet and Budget and Policy Framework Decisions. In addition, the Council aims to publish all other decisions to be taken by the Mayor and/or Cabinet. The Forward Plan is published on the Council's website 28 calendar days prior to each ordinary Cabinet meeting. Sometimes referred to as 'The Forthcoming Decisions Plan'.