Issue - meetings

Shareholders' Report

Meeting: 28/06/2018 - Executive (Item 17)

17 Shareholders' Report pdf icon PDF 153 KB

Decision:

That:

 

1)        the budget monitoring position for the month ending 30 April 2018 be noted;

 

 2)        the operational update for the period to 30 April 2018 be noted.

Minutes:

(Councillors Norman Jorgensen, Pauline Jorgensen, Philip Mirfin, Stuart Munro and Anthony Pollock declared personal interests in this item)

 

The Executive considered a report which provided the budget monitoring position and the operational update for the Council Owned Companies for the period ending 30 April 2018. The report gave details of progress relating to the Council’s housing subsidiaries and Optalis which was the provider of choice for Adult Care services.

 

The Executive Member for Finance and Corporate Services went through the report and responded to Member questions.

 

In relation to the completion of the Fosters project it was confirmed that residents were now settled in their new homes and were happy with the facilities provided.

 

In relation to the operation of Optalis, it was confirmed that over the past seven years Optalis had delivered savings to the Council in the region of £6m.

 

RESOLVED that:

 

1)        the budget monitoring position for the month ending 30 April 2018 be noted;

 

 2)        the operational update for the period to 30 April 2018 be noted.