Decision details

Shareholders Report

Decision Maker: Executive

Decision status: Recommendations Approved

Is Key decision?: Yes

Is subject to call in?: No

Purpose:

To consider various items related to the business of the Council owned companies, including their trading position

Decision:

The following declarations of personal interest were made by Executive Members in relation to this agenda item. These Members did not participate or vote on this item.

 

·       Councillor Prue Bray as a non-executive director of Berry Brook Homes and WBC Holdings Ltd.

·       Councillor Stephen Conway as a non-executive director of Loddon Homes and WBC Holdings Ltd

·       Councillor David Hare as a non-executive director of Optalis Ltd.

 

 

Councillor Imogen Shepherd-DuBey chaired this agenda item.

 

RESOLVED that the Executive noted:

 

1)    The Housing companies’ budget and operational position for December 2022,

 

2)    The Optalis budget and operational position update for December 2022.

 

REASON FOR DECISION

 

The purpose of the report is to ensure awareness and transparency of the financial performance of the Council Owned Companies.

Wards Affected: None Specific;

Reference Number: WBC 1347

Contact: Mark Thompson Email: mark.thompson@wokingham.gov.uk Tel: 0118 974 6555.

Report author: Mark Thompson

Publication date: 22/03/2023

Date of decision: 21/03/2023

Decided at meeting: 21/03/2023 - Executive

Accompanying Documents: