Meetings

Claire Clancy outlined that IRB were actively managing investments and projects in the pipeline with a view to achieving a projected £50k underspend by year-end. Eric Gregory, one of the appointed Independent Advisers, had attended the IRB meeting to provide scrutiny, in particular to the next stage of the HR/payroll project.

Following the capacity planning discussions of Management Board in November and December, the recruitment authorisation requests had started to come through to IRB and the impact of these were reflected in the Financial Management report.

Claire Clancy provided an update on the Investment and Resourcing Board (IRB) meeting of 20 October, also outlining the current financial position and projected available budget for investment, being in the region of £8-900k. Both Dave Tosh and Mike Snook had been asked to review their ICT and Estates forward work programmes, to explore what might be brought into the current financial year to relieve pressure on budgets in future years. The IRB would review the financial position again in November and ascertain what projects or investment items could realistically be brought forward.

Oral item

Nicola Callow provided an oral update on the financial report to the end of June 2014. The main highlight was the current projected underspend and it was, therefore, imperative that service areas provided a clear indication of spend and priorities so that the Investment and Resourcing Board could make the most effective use of the available budget. Management Board were asked to ensure Finance were made aware of any plans or proposals that might be drawn upon at short notice.

Claire Clancy advised the Board that she had signed the Annual Report and Statement of Accounts (2013-14) and that the Auditor General would sign the next day. The report would then be laid before the Assembly.