Graham Hodkinson, Director of Care and Health presented the standing revenue budget monitoring report for quarter two of 2020-21 which provided members with an overview of budget performance for adult social care and health.

The Committee was informed that the projected year-end revenue forecast position was a favourable position of £0.06m which it was felt was a positive in the context of the ongoing challenges being faced. It was explained that the favourable forecast was due to several factors including a reduction in demand for social care services in the early stages of the pandemic, alongside hospital discharges being funded by the Clinical Commissioning Group. Members were advised that the demand for services had returned but would be partially offset by further NHS and Government funding.

Members acknowledged that the Revenue Budget Monitoring report was in line with corporate reporting timetable, but felt that a budget monitoring panel should be set up to enable more timely budget monitoring.

Resolved – That

1)  the projected year-end revenue forecast position of £0.06m favourable, as reported at quarter 2 (Apr-Sep) of 2020-21 be noted.

2)  a Budget Monitoring Panel be established with the Chair and Group Spokespersons to meet monthly to monitor the up-to-date financial data.