Issue - items at meetings - Financial Peformance Report

Report of Director of Finance, NHS Sussex and Director of Finance, BHCC (copy attached).

(1)       That the forecast outturn for 2012/13 as at month 5 be noted.

13.1    The Board considered a report of the Director of Finance, NHS Sussex and Director of Finance, BHCC which set out the financial position and forecast for the partnership budgets at the end of month 5.

13.2    The Head of Finance – Business Engagement, BHCC reported that the table at paragraph 3.1 set out the month 5 position.  There were a number of areas of underspend.  There was an overspend in the Sussex Community Trust in the Intermediate Care Service. A process was in place to deal with this pressure.  The budget position for the Sussex Partnership Foundation Trust was improving.  There was a 50/50 risk-share arrangement in place between the council and the provider in 2012/13.  There was a forecast underspend on Learning Disability Services.  The block contract and inflation arrangements were set out in paragraph 3.5.

13.3    The Chair informed the Board that she would expect a much more detailed report to be submitted to the Board at the meeting on 28 January 2013.  

13.4    RESOLVED (1)  That the forecast outturn for 2012/13 as at month 5 be noted.