Issue - meetings

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)