Transcript for Integration Joint Boards: Financial analysis 2020/21
William Moyes, Chair of the Accounts Commission
Funding to Integration Joint Boards in 2020/21 increased by just under £10 billion in real-terms.
A large part of this was funding to counter the impact of Covid.
This explains the substantial increase in reserves, most of which is ringfenced.
When this funding is ignored, the finances of IJBs give real cause for concern.
Planned budgets are materially greater than forecast income.
IJBs need to identify savings, which are mostly recurrent.
Credible long-term plans need to be developed.
Unless these issues are tackled, the sustainability of services provided by IJBs must be in doubt, particularly given the growth in demand.
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