To note the current budget position in relation to the Adult Social Care budget in 2005/06, the management actions being taken and the implications this may have on service delivery.

THAT

(a)        the budget position be noted;

(b)               the approach taken to manage the over-commitment in the Social Care Budget be confirmed;

(c)               officers be authorised to explore “invest to save” options showing quantified investments and quantified savings; and

(d)               £714,000 from reserves be used to meet the carry forward overspend from 2004/05.

An understanding of the reasons for changes in service delivery and their financial implications is essential to support the management action to deliver the 2005/06 Budget within agreed tolerances. Confidence in the financial management procedures is critical.

None.