Financial Threshold for Key Decisions
Decision Maker: Full Council
Decision status: Recommendations Approved
Is Key decision?: No
Purpose:
Report to specific the financial threshold
above which decisions should be treated as key decisions.
Decisions:
County Councillor Alan Vincent moved a report specifying the financial threshold for 2025/26 for significant key decisions for the purposes of Section 5.9(a) of the Constitution.
Resolved: - That the proposal that the financial threshold for Key Decisions, for the purposes of Section 5.9 of the Constitution, as set out in the report, now presented, remain at £2.2m for 2025/26 be approved.
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: 13/03/2025
Decided at meeting: 13/03/2025 - Full Council
Accompanying Documents:
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