FINANCE: Gateshead PCT is forecasting an end of year surplus of £303,000, but has identified a number of risks to this.

A finance board paper says: “I am reporting a forecast year end “marginal” surplus position of £303k, however, this is predicated on a number of actions being delivered between now and year end.

“Although pressures/risks have emerged… they have been offset to a degree by slippage on reserves/under-spending budgets. Further work associated with the
action plans on acute activity will be required between now and the end of the year to provide sufficient tolerance to handle the inevitable pressures that the winter months tend to bring.”