Issue - meetings

That:

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

2)         the operational update for the period to 31 December 2018 be noted.

(Councillors Julian McGhee-Sumner, Philip Mirfin, Stuart Munro and Anthony Pollock declared personal interests in this item)

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

The Executive Member for Finance highlighted a number of achievements that the companies had made which included the provision of housing and property development, the redevelopment of some adult social care facilities as well as new social housing facilities.  As an example Councillor Pollock made reference to a piece of waste land in Shinfield which had previously been the subject of antisocial behaviour.   With residents’ support the area had been developed to provide much needed affordable housing.  He asked Members to let him know if they became aware of any other pieces of land that might be suitable for social housing. 

In relation to Optalis Councillor Pollock stated how impressed he had been with the new partnership with Windsor and Maidenhead which had led to a reduction in the turnover of staff, improved staff satisfaction and had improved the delivery and quality of services to residents. 

RESOLVED that:

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

2)         the operational update for the period to 31 December 2018 be noted.