Decision details

Cabinet agrees to:

Option 1 - Confirm the revised fee structure changes as per the 2022/2023 budget and activate from 01 July 2022 or earlier if possible, and

Option 3 - Undertake a review of the current Wightcare business model and to revert with a formal all options analysis and recommended forward plan for the unit going forwards.

As elements of 3 above, Cabinet agrees that the business model will:

·       Provide a definitive position on the regulatory requirements for the council charging structure for Wightcare as per the relevant legislation as identified by Finance.

·       Define a model for apportionment of council administrative costs to be used in relation to business units and hence applied to the business model for Wightcare

·       Define a forward business model for Wightcare taking into account the above, best practices elsewhere, predicted inflation, utility, and other costs, expected market demand for both the basic and enhances options and with regular review periods.

·       Be presented to Cabinet no later than September 2022.