8 Provisional Year End - 12 months to 31 March 2023 PDF 617 KB
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Additional documents:
Minutes:
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)
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