Decision details
Financial Threshold for Key Decisions
Decision Maker: Full Council
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
The Council is required, each year, to specify
the financial threshold above which decisions should be treated as
Key Decisions as defined in Standing Order 19(1) It is recommended
that the threshold rises from £1.5-£1.6m
Decisions:
County Councillor Geoff Driver moved a report setting out a proposal to change the financial threshold above which decisions should be treated as Key Decisions as defined in Standing Order C19(1).
Resolved: - That the financial threshold for Key Decisions, for the purposes of Standing Order C19(1), be increased to £1.7m, for 2020/21 as set out in the report, now presented.
Divisions Affected: (All Divisions);
Contact: Chris Warren Email: chris.warren@lancashire.gov.uk.
Report author: Chris Warren
Date of decision: 27/02/2020
Decided at meeting: 27/02/2020 - Full Council
Accompanying Documents: