Guiding approaches
Local government finance act (1992) and local audit and accountability act (2014)
The local government finance act (1992) requires a council to set a balanced budget annually.
The local audit and accountability act (2014) requires that a council's auditors be satisfied that the council has made proper arrangements for securing economy, efficiency, and effectiveness in its use of the money it has available.
We therefore must manage the delivery of our care market duties within the wider context of financial constraints.