Financial Thresholds for Key Decisions
Decision Maker: Full Council
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
Updated key decision threshold for 2023/24 to
reflect updated inflation position.
Decisions:
County Councillor Alan Vincent moved a report setting out, for 2023/24, the proposed financial threshold above which decisions should be treated as Key Decisions as defined in Standing Order 19 (1) (a).
Resolved: - That Full Council confirms that the financial threshold for Key Decisions, for the purposes of Standing Order C19 (1) (a), be increased to £2m for 2023/24, as set out in the report, now presented.
Corporate Priorities : N/A;
Divisions Affected: (All Divisions);
Contact: Kate Lee Email: kate.lee@lancashire.gov.uk Tel: 01772 531733.
Report author: Kate Lee
Date of decision: 23/02/2023
Decided at meeting: 23/02/2023 - Full Council
Accompanying Documents:
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