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Managed budget
of
Managed budget
from
NE Lincolnshire Council: Social Care Handbook
Source
Where a person asks the council to directly provide them with services to the value of their personal budget.
of
Managed budget
from
Think Local Act Personal (TLAP) Jargon Buster
Source
When your council allocates an amount of money to you as a personal budget, you can take this either as cash through a direct payment or as a managed budget (also known as a virtual budget). If you take it as a managed budget, the council manages the money for you to arrange the services you choose, and you aren't responsible for paying directly for the services you receive.
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