Pooled Budget definition

Pooled Budget means the Financial Contributions of each Partner pooled into a designated account held by the Lead Partner and managed by the Head of Adoption and the Partnership Board in accordance with Schedule 5 (Financial Protocol); Staff: mean all officers, employees, agents, consultants and contractors of the Partners and/or of any sub-contractor engaged in the performance of their obligations under this Agreement to be managed by the Head of Adoption; Regional Panel(s) means the panels that will be held to support the functions of each Partner’s adoption agency decision-maker in accordance with Schedule 10 (Adoption Panels);
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Pooled Budget means those elements of each Approved Budget within the Integrated Health and Care Fund which can legally be “pooled” under “pooled fund arrangements” entered into pursuant to Section 75(2)(a) of the XXX Xxx 0000 and Regulation 7 of the NHS Regulations 2000 and which the Partners have determined or shall determine will be pooled. The element of the Services that fall within the Pooled Budget are indicated at Schedule 3. Commissioning Decisions in relation to the Pooled Budget shall be made as described at Clause 5 and in the Decision Matrix: set out at Schedule 5.
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Pooled Budget means that different agencies contribute funds, but one host agency accounts for the money. Less formally, budgets can be aligned. This occurs when different agencies effectively keep their money in their own accounts but align the money toward agreed joint outcomes (Lorgelley et al 2009). A number of legislative examples of pooled funding are in existence in England. Section 28a of the NHS Act 1977 and Section 31 Partnership Arrangements of the Health Act 1999 enabled local authorities and NHS trusts to pool finances through legal agreements. Section 75 of the NHS Act 2006 allows the pooling of funds where payments may be made towards expenditure incurred in the exercise of any NHS or ‘health-related’ local authority functions. Section 75 also allows for one partner to take the lead in commissioning services on behalf of the other (lead commissioning) and for partners to combine resources, staff and management structures to help integrate service provision (integrated management or provision), commonly known as ‘Health Act flexibilities’. Staff can be seconded/transferred and managed by another organisation’s personnel. The Act also makes provision for the functions (statutory powers or duties) to be delivered on a daily basis by another partner, subject to the agreed terms of delegation. This legislation only applies to local authority and health partners.
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Examples of Pooled Budget in a sentence

  • In 2015-16 the minimum value required of the BCF Pooled Budget across Tri- borough is £47.836m and the Tri-borough authorities are proposing around£210m, which mostly reflects existing pooled budgets or jointly commissioned services.

  • The Locality Board will have responsibility for all matters relating to Adult Health and Social Care Pooled Budget as well as some elements of NHS funding including decisions on the design, planning, and overall delivery of health and care services for all ages.

  • The current Section 75 formal partnership agreement for the Pooled Budget between the Council and CCG will novate from 1st July and will be reviewed and developed to be between Bolton FT and Bolton Council.

  • The table below details the value of the BCF Pooled Budget for 2023/24.

  • Kate Kennally introduced Laura Rankine, newly appointed Pooled Budget Project Manager to the Board.

  • The report gave an update on the development of Pooled Budget and Lead Commissioning Agreements in Buckinghamshire for Learning Disability, Adult Mental Health and Equipment.Kate Kennally reported that the Pooled Budget Board had reported that all three strands were on target to deliver pooled budgets this year.

  • It is proposed that:- ⮚ The Health and Social Care Overview and Scrutiny Committee will have the scrutiny role in relation to the functions of the Joint Health and Social Care Board; ⮚ Joint Health and Social Care Board should be responsible for sustaining the strategic direction of the use and application of the Pooled Budget, and will receive an annual report from the Performance Monitoring Forum.

  • Laura Rankine reported that the Pooled Budget Board had also approved a draft communication plan that addressed reporting lines and how the Board would communicate with stakeholders.


More Definitions of Pooled Budget

Pooled Budget shall have the meaning set out in this Agreement more particularly in clauses 2, 6 and 7.
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Pooled Budget means a formal arrangement under Section 75 of the National Health Service Act 2006. Under such an arrangement both Partners make specified financial contributions out of which payments will be made towards expenditure incurred in the exercise of specified NHS functions and social care functions on which the Partners have agreed. The agreement sets out the aims, accountabilities and responsibilities and how much is being committed and for how long as well as how the associated financial risks will be managed and shared.
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Pooled Budget means the pooled fund consisting of CCG Contributions and Council Contributions in respect of the Service provided pursuant to this Agreement;
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Pooled Budget means the budget agreed between the Parties for the purpose of securing the Services or part of them pursuant to this Agreement, made up of the Financial Contributions from the Parties in accordance with the Regulations as set out in the Annual Budget.
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Pooled Budget means the budget used for the provision of the Service in accordance with this agreement.
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Related to Pooled Budget

  • Approved Budget means an annual budget-

  • Project area budget means a multiyear projection of annual or cumulative

  • Operating Budget has the meaning given in Section 3.11(a).

  • Development Budget means the cost categories listed on Pages 8 - 11 in Form 3 that are directly related to the proposed Project as submitted in the Application. Indirect or off-site costs not directly related to the development of the project are not valid or eligible costs.

  • Research Budget has the meaning set forth in Section 2.2.

  • Budget means a resource, expressed in financial terms, proposed by the Board for the purpose of carrying out, for a specific period, any or all of the functions of the Trust.

  • Capital Budget has the meaning given in Section 3.11(a).

  • Project Budget means the budget and project description included in the grant application. The Project Budget must succinctly describe all major elements of project work, the estimated cost of each, and clearly allocate requested grant funding and match contributions to each.

  • Annual Budget means the operating budget, including all planned capital expenditures, for the Property prepared by Borrower for the applicable Fiscal Year or other period.

  • BASE budget means the minimum general fund budget of a district, which includes 80% of the basic

  • Initial Budget has the meaning set forth in Section 7.06(a).

  • Construction Budget means the fully-budgeted costs for the acquisition and construction of a given parcel of real property (including, without limitation, the cost of acquiring such parcel of real property, reserves for construction interest and operating deficits, tenant improvements, leasing commissions, and infrastructure costs) as reasonably determined by the Parent in good faith.

  • Operating Plan means a plan adopted or amended under this section for the development, redevelopment, maintenance, operation and promotion of a business improvement district, including all of the following:

  • DIP Budget means the “Approved Budget” as defined in the DIP Term Facility Order.

  • Project area plan means a written plan that, after the plan's effective date, guides and controls the development within a project area.

  • Annual Work Plan and Budget means the work plan and budget approved by the Bank and adopted by the Borrower in accordance with the provisions of Section I.C of Schedule 2 of this Agreement, as said work plan and budget may be modified from time to time with the written agreement of the Bank.

  • Annual Operating Budget has the meaning set forth in Section 4.11.

  • Annual Balanced Budget means that, in each Funding Year of the term of this Agreement, the total revenues of the HSP are greater than or equal to the total expenses, from all sources, of the HSP;

  • Business Plan means the information required to be supplied to the

  • Operating Year means the calendar year commencing January 1st of each year (including the calendar year within which the Commencement Date occurs) during the Term.