Jargon buster
The list below should explain some terms that are commonly used in the Finance and Resources department and around the council.
The Department for Communities and Local Government (DCLG) also publishes a useful Glossary of Terms and Acronyms used in Local Government Finance, which you can download on the Local Government Finance Information for Local Authorities page.
- BBH - Building Better Health
- BVACOP - Best Value Accounting- Code of Practice
- CDP - Capital Development Programme
- CPDP - Capital Project Delivery Plan
- CPO - Compulsory Purchase Order
- CTSG - Corporate Team Sub Group
- DCMS - Department of Culture Media & Sport
- DH - Department of Health
- EOI - Expression of Interest
- FIS - Finance Information System
- FM - soft Facilities Management- operational
- FM - hard Facilities Management- strategic
- FPM - Finance Performance Monitor
- GF - General Funds
- HRA - Housing Revenue Account
- ISB - Invest to Save Budget
- JSC - Joint Service Centre
- LCR - Life Cyclical Replacement
- LDP - Leisure Delivery Plan
- LEGI - Local Authority Growth Initiatives
- LIFT - Local Investment Finance Trust
- LPA - Local Planning Authority
- MRA - Major Repairs Allowance
- MSH - Mary Seacole House
- MTFS - Medium Term Finance Strategy
- NDC - New Deal for Communities
- NHO - Neigherhood Housing Officer
- NNDR - National Non Domestic Rate (i.e. Business Rate)
- OBC - Outline Business Case
- OJEU - Official Journal of the Eurpoean Union
- OMH - Olive Morris House
- PCT - Primary Care Trust
- PDP - Programme Development Programme
- PfH - Partnerships for Health
- PFI - Private Finance Initiative
- PID - Project Initiation Document
- PMT - Programme Management Team
- PPP - Public Private Partnership
- PQS - Professional Qualification Scheme
- PUK - Partnerships UK
- RSL - Registered Social Landlord
- SAP - Service Asset Plan
- SHG - Social Housing Grant
- SPA - Strategic Partnering Agreement
- SPB - Strategic Partnering Board
- SSDP - Strategic Services Development Plan
- UDP - Unitary Development Plan
- VfM - Value for Money