Financial Threshold for Key Decisions
Decision Maker: Full Council
Decision status: Recommendations Approved
Is Key decision?: Yes
Purpose:
Financial threshold for Key Decisions, for the
purposes of Standing Order C19 (1) (a), for 2022/23.
Decisions:
County Councillor Alan Vincent moved a report asking Full Council to approve the financial threshold above which decisions should be treated as Key Decisions as defined in Standing Order C19 (1) (a).
Resolved: - That the financial threshold for Key Decisions, for the purposes of Standing Order C19 (1) (a), as set out in the report, now presented, be increased to £1.8m for 2022/23.
Reason Key: Expenditure > £1,700,000;
Corporate Priorities : N/A;
Divisions Affected: (All Divisions);
Contact: Margaret Ashton-Gray Email: margaret.ashton-gray@lancashire.gov.uk.
Report author: Margaret Ashton-Gray
Date of decision: 24/02/2022
Decided at meeting: 24/02/2022 - Full Council
Accompanying Documents:
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