FINANCE: The primary care trust was more than £4m behind on its savings plan for the year at the end of November, newly published board documents show.
A document tracking the PCT’s commissioning intentions for 2010/11 showed that by the end of Month 8 it had planned to have made savings of £8,049,796 – in fact it saved just £3,944,146.
A finance report to the same board meeting said that “some issues have arisen about the level of savings expected both in-year and recurrently on a number of schemes”. It added that the “shortfall is being addressed through the savings plans for 2011/12.
But it said that despite these issues the trust’s current spending trend was “becoming more favourable” and the likelihood was that “the trust is heading towards delivering a larger surplus than the control total requires”.
Source date
19 January 2011
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