11 Budget Monitoring PDF 678 KB
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Minutes:
The
Board gave consideration to a report providing a summary of the financial
position of the HSCP for the 11 months to 28 February 2022 and an updated
forecast. The year to date position was an underspend totalling £224k against a
budget to date of £272m.
Decision
The
Integration Joint Board noted –
1.
That the forecast outturn position was an underspend of £250k.
2.
The additional funding allocation by the Scottish Government and
the terms associated with it as contained within appendix 4 to the submitted
report.
3.
That unspent funds would be carried forward as earmarked reserves.
4.
That the HSCP now expected to repay debt owed to Argyll and Bute
Council early, estimated at an additional payment totalling £1.8m.
5.
That there was a year to date underspend of £224k at 28 February
2022.
(Reference: Report by Head of Finance and Transformation dated 30 March 2022, submitted)
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