Issue - meetings

Miss M Goldsmith, Directorate Finance Manager, was in attendance for this item, with Miss S Abbott, Head of Performance and Information Management.

1.         Miss Goldsmith introduced the report and explained that the small overspend and the level of secured debt were both as previously expected, but that the level of general debt had reduced slightly and was staying down. 

2.         In response to a question, Miss Abbott explained that patterns of income from Older Persons’ Residential Care were very difficult to predict.  However, income in the last year from standard residential care had decreased while income from residential care for people with dementia had increased.  This has caused an overall slight increase in income.

3.         RESOLVED that:-

            a)         the information set out in the report be noted, with thanks;

b)         an Informal Member Group be established to meet on a regular basis in order to get a fuller understanding of the implications of potential budget reductions and to report back to the full POSC; and

c)         further update reports on debt management, including numbers of debts and examples of values, be submitted to the POSC, at a frequency to be decided.