FINANCE: NHS Cumbria was projecting a £9 million deficit for 2010/11 in October, a report presented to the primary care trust’s December board meeting shows.
The finance report said: “The PCT has already set a budget for 2010/11 to deliver a £1 million surplus. With the latest agreement of the Board, this has been revised to a break-even requirement. The Board is faced however, with a £12 million cost pressure created by the outcome of adjudication to in 2010/11 and hence has been reporting a forecast deficit of £11 million, as reported at month 6.”
It continued: “Following agreement at the last Board, The PCT is still working to the agreed break-even position, but now projecting a deficit of £9 million for 2010/11”.
Source date
1 December, 2010
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