7 Budget Monitoring - 3 months to 30 June 2023 PDF 633 KB
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Additional documents:
Minutes:
The Board gave
consideration to a report providing a summary of the financial position of the
Health and Social Care Partnership as at the end of month four.Ìý The report also provided an update on the
delivery of the savings programme and the use of reserves.
Decision
The Integration
Joint Board –
1. noted that there was a relatively small forecast
revenue overspend of £423k as at the end of month 4;
2. noted confirmation that savings of £6.2m had been
delivered, 70% of target;
3. noted that earmarked reserves of £0.9m had been
committed to date; and
4. noted that additional formula funding had been allocated to Health Boards to improve financial sustainability.
(Reference:Ìý Report by Head of Finance and Transformation dated 30 August 2023, submitted)
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