Decision details

Shareholders Mid-Year Report 2023-24

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 Chair and a Non-Executive Director of Berry Brook Homes, a Non-Executive Director at WBC Holdings Ltd and Chair of Wokingham Homes Limited.

·       Councillor Stephen Conway as Chair and a Non-Executive Director of Loddon Homes and Chair of WBC Holdings Ltd

·       Councillor David Hare as Chair and a Non-Executive Director of Optalis Ltd.

·       Councillor David Cornish as a Non-Executive Director of WBC Holdings Ltd.

 

Councillor Imogen Shepherd-DuBey chaired this item.

 

RESOLVED that the Executive noted:

 

1)    The Housing companies’ budget and operational position and forecast as at the end of quarter 2 (September) 2023/24 financial year,

 

2)    The Optalis budget and operational position and forecast as at the end of quarter 2 (September) 2023/24 financial year

Wards Affected: None Specific;

Reference Number: WBC1401

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

Report author: Mark Thompson

Publication date: 26/01/2024

Date of decision: 25/01/2024

Decided at meeting: 25/01/2024 - Executive

Accompanying Documents: