Issue - meetings

That:

1)        the budget monitoring position for the month ending 30^th September 2018 be noted;

2)        the operational update for the period to 30^th September 2018 be noted.

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

The Executive considered a report which provided an update on the performance and progress on those subsidiary companies that the Council has a controlling shareholder interest in.

The Deputy Leader of Council outlined the key points of the report which were that Wokingham Housing Ltd had built 123 new homes last year and were also starting to pay off the operational loans back to the Council which she was particularly pleased to announce.

Councillor Pollock reported that Optalis continued to deliver high quality adult social care services and highlighted the fact that recent CQC inspections of the services provided had resulted in a ‘good’ rating rather than a ‘requires improvement’ rating which had been achieved in the past. This was due to the significant improvement made by the current Chief Executive and his team.  It was also noted that the turnover of staff had recently halved which was due mainly to the efficiencies in working and the career opportunities for staff which had come about as a result of the recent merger with The Royal Borough of Windsor and Maidenhead. 

In addition Councillor Pollock advised the meeting that Optalis continued to make a profit and highlighted the private work that was being undertaken which included the service provided through Reading College where an employment service for young people with learning difficulties and disabilities was provided to enable them to gain employment. 

RESOLVED that:

1)        the budget monitoring position for the month ending 30^th September 2018 be noted;

2)        the operational update for the period to 30^th September 2018 be noted.