Issue - meetings

The Board gave consideration to a report providing an updated budget outlook for the 2023/24 financial year and medium term financial plan.  The report took into account the Scottish Government’s draft budget published in December 2022.  The report formed the basis for detailed financial planning and informed the HSCP value for money and savings target for 2023/24.

Decision

The Integration Joint Board –

1.    noted the Financial Plan and budget outlook for 2023-24 to 2025-26 and noted the high level of risk and uncertainty;

2.    noted the forecast budget gap totalling £9.4m;

3.    noted that indicative savings targets had been allocated to services; and

4.    noted that oversight of the budget process for 2023/24 would continue to be undertaken by the Finance & Policy Committee.

(Reference:  Report by Head of Finance and Transformation dated 25 January 2023, submitted)