Issue - meetings

The Committee RESOLVED:

1. To note the Adult Social Care General Fund forecast outturn revenue position of a £7 million overspend at P3 2024/25.

2. To note the forecast overspend of a breakeven position on the Capital Programme budget 2024/25.

The Committee was advised that this report presented information and analysis to the Adult Social Care Committee on the council’s financial performance against the approved budget and its forecast use of resources for the financial year 2024/25 (June / Period 3 extrapolated).

There were no decisions to be taken on this report which was for noting.

The Executive Director presented the report.

The Committee was invited to raise comments or questions. Key points from the discussion included:

1.      The complexity of the accountancy forecast reports was noted, with the expectation of future cost pressures. Regular financial updates were scheduled.

2.      A Member noted a potential inconsistency between gross spend outlined in Table 2 and Table 3 of the report (p212). Officers agreed to examine this.

3.      It was confirmed that Adult Social Care was on track to deliver £4m of the £10.9m in savings. Appendix 1 provided further detail around savings. Some spend control was also in place.

4.      Work around demand management was expected to play a key role in budget control.

The Committee RESOLVED:

1. To note the Adult Social Care General Fund forecast outturn revenue position of a £7 million overspend at P3 2024/25.

2. To note the forecast overspend of a breakeven position on the Capital Programme budget 2024/25.