Financial summary
Each year we are set financial targets or budgets by the
Scottish Executive Health Department (SEHD)
The budgets are:
- A revenue resource budget for ongoing operations
- A capital resource budget for new capital investment
- Cash requirement to fund consequences of ongoing operations and new capital investment
Our performance against financial targets
We are permitted to carry forward up to 1% of allocation (£151k). The year end position of £147k is within this limit and therefore we expect to receive permission from the Scottish Government to carry this amount forward into 2007/08. This additional non-recurring funding will be used to further the patient safety programme of work.