FINANCE: Leeds Partnership Foundation Trust is planning to deliver a £2.3m surplus in this financial year - £1.4m less than it indicated in previous annual plans.
Delivering the surplus would require the trust to make more than £7m in savings – 4.5 per cent of its operating expenditure.
Board papers said £1.3m of these savings are identified as a ‘financial risk’ with income generation schemes being seen as very high risk.
The trust is also exploring a number of ‘terms and conditions’ options which are not included in this, according to board papers.
Source
Source date
28 March 2013
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