Issue - meetings

The Board gave consideration to a report providing a provisional summary of the financial position of the Health and Social Care Partnership as at 31 March 2023 and year end position which would be reported in the Annual Accounts. The report also provided a summary of the delivery of the savings programme and reserves.

Decision

The Integration Joint Board –

1.    noted that the HSCP expected to report an underspend of £9.1m for 2023/24, equivalent to 2.7% of the resources allocated to it;

2.    noted that it is anticipated the HSCP would be able to carry this underspend forward to fund the 2023/24 budget gap and key infrastructure and transformation projects;  

3.    noted confirmation that savings of £4.1m had been delivered, 68% of savings plan;

4.    noted that total reserves held had reduced from £21.2m at the start of the year to £16.9m at the year-end; and

5.    noted that all figures provided in this report were provisional and subject to external audit. 

(Reference: Report by Head of Finance and Transformation dated 31 May 2023, submitted)