Issue - meetings

(i)            to note the indicative / projected financial performance of the IJB for the fiscal period 2025 / 2026;

(ii)          to note the financial performance of the IJB in Q2 – 2025/2026 (i.e., 6 month period) in relation to the updated 2025-2026 funding availability;

(iii)         to note the deterioration of the Costs of Services against budget from Q1 to Q2 further emphasizing the need to meet current year savings targets, and the potentiality of extending these savings targets to the incoming fiscal year;

(iv)         to note the update on on-going work in regards to the administration of client care requirements and the role it plays in tracking the management of IJB’s financial performance and position;

(v)          to note the link-up between the objectives of the public consultation and the savings targets being reviewed by the IJB, the message here being the prioritization of care demands whilst the IJB identifies areas of costs management efficiencies; and

(vi)         to note the impact of the KPMG Diagnostics Report to the IJB in reference to the Level 4 escalation of the NHSG.

The Board had before it a report prepared by the Deputy Chief Finance Officer in respect of Quarter 2 – 2025/2026 Financial Performance and Indicative results for year end 2025/2026.

The report recommended:-

that the Board:

(a)       note the indicative / projected financial performance of the IJB for the fiscal period 2025 / 2026;

(b)       note the financial performance of the IJB in Q2 – 2025/2026 (i.e. 6 month period) in relation to the updated 2025-2026 funding availability;

(c)        note the deterioration of the Costs of Services against budget from Q1 to Q2 further emphasising the need to meet current year savings targets, and the potentiality of extending these savings targets to the incoming fiscal year;

(d)       note the update on on-going work in regard to the administration of client care requirements and the role it plays in tracking the management of IJB’s financial performance and position;

(e)       note the link-up between the objectives of the public consultation and the savings targets being reviewed by the IJB, the message here being the prioritisation of care demands whilst the IJB identifies areas of costs management efficiencies; and

(f)        note the impact of the KPMG Diagnostics Report to the IJB in reference to the Level 4 investigation of the NHSG.

The Board resolved:-

(i)        to note the impact of the KPMG Diagnostics Report to the IJB in reference to the Level 4 escalation of the NHSG; and

(ii)        to otherwise approve the recommendations.