FINANCE: Integrated health and social care provider Torbay Care Trust is reporting an overspend in social care due to financial pressure on local authorities.
A report to the board said without intervention the overspend would be £1.74m on a budget of £41.6m. However, the impact of savings schemes and additional £165,000 of funding for winter pressures has reduced this to £1.49m.
The report said as the financial risk remained with the council, the council will be providing additional funding to cover the overspend.
It said: “The pressures being faced by local authorities have resulted in a recurrent Torbay Council budget for adult social care which remains challenging.”
21 March 2012