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Tower Hamlets Council Constitution

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Chapter 63: Financial regulations and procedure rules

To provide guideline cash budget options to Members following Government announcements.
To work within the political budget strategy provided by the Executive.
To manage, in conjunction with Directorates, a process to deliver a balanced budget.
To collate the exemplifications of savings or growth from departments, as required by the budget strategy.
To obtain Full Council approval for both the Council Tax and the budget setting report each year within the statutory timetable.
Revenue Budget Preparation
To take responsibility for delivering the budget strategy.
To assist in the development and delivery of the budget process.
When drawing up draft budget requirements, to have regard to:
spending patterns and pressures revealed through the budget monitoring process.