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Tower Hamlets Council Constitution

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Chapter 19: Budget and Policy Framework Procedure Rules

endorse a decision or proposal of the decision taker as falling within the existing budget and policy framework. In this case no further action is required, save that the decision of Council be minuted and circulated to all Councillors in the normal way; or
amend the budget, financial rule or policy concerned to encompass the decision or proposal of the body or individual responsible for that function and agree to the decision with immediate effect. In this case, no further action is required save that the decision of Council be minuted and circulated to all Councillors in the normal way; or
where Council accepts that the decision or proposal is contrary to the policy framework or contrary to or not wholly in accordance with the budget, and does not amend the existing framework to accommodate it, require the Mayor or Executive to reconsider the matter in accordance with the advice of the Monitoring Officer and/or the Chief Finance Officer.
If Council does not meet, the decision will become effective on the date of Council or expiry of the period in which Council should have been held, whichever is the earlier: providing that the Monitoring Officer and/or the Chief Finance Officer is/are satisfied that the decision is within the budget and policy framework or falls within Section 19.7, list items 1 to 4 .

Chapter 26: Pensions Committee

8.  To approve the Pension Fund Business Plan and annual budget prepared by the Senior LGPS Officer, and to monitor income and expenditure against budget and satisfy itself that sufficient financial, staffing and other resources are available for the proper discharge of the Administering Authority’s LGPS functions.

Chapter 30: Other Bodies and Panels Involving Members

The Board Secretary shall arrange such advice as is required by the Board subject to such conditions as are listed in these Terms of Reference for the use of the budget set for the Board.
The Board is to be provided with adequate resources to fulfil its role. In doing so the budget for the Board will be met from the Fund and determined by:

Chapter 31: Joint Committees Involving Members

To make recommendations to the Leaders’ Committee on the annual budget for the London Borough Grants Scheme;
Management and expenditure of the annual budget as defined by the Inter Authority Agreement made between the six boroughs dated [……]