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A DECISION to strip a Herefordshire border school of its budget was “not political” according to a senior council officer. At Powys County Council’s (PCC) Finance Panel meeting on April 9, questions were asked about why one school had been stripped of its financial responsibility, while others with larger deficits, still control their own finances. On December 18, 2020, PCC announced that the Clyro primary school governing body had its right to control the budget suspended. This allows PCC to take over control of staffing and other spending decisions and address the deficit bud...

A DECISION to strip a school of its budget was “not political” according to a senior council officer. At Powys County Council’s (PCC) Finance Panel meeting on Friday, April 9, questions were asked about why one school had been stripped of its financial responsibility, while others with larger deficits, still control their own finances. On December 18, 2020, PCC announced that the Clyro primary school governing body had its right to control the budget suspended. This allows PCC to take over control of staffing and other spending decisions and address the deficit budget. Leader ...

Feb 17, 2021 by Euroleague.net Print The Euroleague Basketball Management Control Commission (MCC) has referred Khimki Moscow Region to the Finance Panel for further monitoring of the club's compliance status with the Financial Stability and Fair Play Regulations (FSFPR). The proceeding has been opened on the basis of an alleged infringement of overdue payables, under Article 32.a), of the Euroleague Basketball Disciplinary Code. The regulation whose compliance is in question concerns payments to Khimki players by the club. The case arose from a complai...

Walking the tightrope The 15th Finance panel has pushed conditional grants, but left thorny issues untouched The recently released 15th Finance Commission report has been quite conservative in not suggesting major changes in the vertical and horizontal devolution of finances from the Centre to States. However, it moots a high ratio of incentive-linked grants (rightly linked to agriculture reform and health spend) to untied aid; at about 25 per cent, this amounts to a transfer of over ₹10.3-lakh crore over five years till 2025-26. The untied transfers to States over this period, at 41 per c...

Was his choice to lead the committee. chair of the michigan republican party, she succeeds reince priebus who is heading to the white house as chief of staff after tomorrow's inauguration. busy day today, two more confirmation hearings before the inauguration. steven mnuchin is continuing to face tough questions from the senators who are assembled there. rick perry also in the hot seat today. mike emmanuel joins me live on capitol hill. how is steve mnuchin handling the incoming on his actions during the financial crisis today? >> well, good afternoon. no surprise steve mnuchin pushed back on ...