Issue - meetings

Orbis Public Law Finance Update

Meeting: 15/04/2019 - Orbis Public Law Joint Committee (Item 20)

20 Finance Update pdf icon PDF 191 KB

To provide an update on the Orbis Public Law joint operating budget.

Additional documents:

Minutes:

Louise Lawson introduced the update and informed the Committee that following a two-year shadow operational budget, it is recommended that the operating budget becomes a joint operating budget from 1 April 2019. It was noted the operating budget is £9.9m.

The Committee were informed following questions that one rate would be used; the drive to budget was across all partners; and that Surrey County Council have paused further integration whilst a review is undertaken.

RESOLVED: That the Committee:

1) approved the introduction of a joint operating budget from 1 April 2019;

2) recommended the draft 2019/20 operating budget; and

3) agreed the basis for calculating the contributions to the joint operating budget.