1. Finance 2017/18 Update Month Ended 31st May 2017
Headlines at Month 2
On plan at month 2 with expenditure of £54.4m in line with the budget.
Savings delivery was at 91% of the required level.
Savings shortfall has been offset by underspends in other areas and release of some contingency reserves.
Key Priorities
Organisation working on improving delivery against savings target to get to at least 100% by:
Increasing the delivery value and speed of current schemes where possible
Reviewing all other expenditure for further opportunities
Identifying opportunities for the next financial year and beyond.