Issue - meetings

The Board gave consideration to a report providing a summary of the financial position as at the end of month 7 and a forecast for the year.

Decision

The Integration Joint Board noted that –

1.     the HSCP had overspent its budget by £1.6m;

2.     an overspend of £2.9m was forecast;

3.     actions were required to reduce spend and additional funding was required from Argyll & Bute Council who hold pension saving resource on behalf of the IJB; and

4.     savings of £4.7m had been delivered, 72% of target.

(Reference: Report by Head of Finance dated 27 November 2024, submitted)