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Plain English definition
of
Managed budget
from
Think Local Act Personal (TLAP) Jargon Buster
![Think Local Act Personal](https://static.wixstatic.com/media/0b12bc_72097b1e3ee14fc986eff2b06ff14cec~mv2.png/v1/fill/w_81,h_81,al_c,q_85,usm_0.66_1.00_0.01,enc_auto/_edited_edited.png)
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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