Issue - meetings

Financial Monitoring Update

Meeting: 12/10/2020 - Member Committee (Item 8)

8 Financial Monitoring Update pdf icon PDF 163 KB

To consider a report of the Director of Resources

 

The report provides an update on Stockport Homes’ financial performance to August 2020.

 

The Committee is recommended to note and comment on the latest financial results.

 

Officer Contact: John Kennedy on 0161 474 2868 or email: john.kennedy@stockporthomes.org

Additional documents:

Minutes:

The Director of Resources submitted a report (copies of which had been circulated which provided an update on Stockport Homes’ financial performance to August 2020.

 

The following comments were made/issues raised:

 

·         Members noted that there were some large variances in terms of income but were assured that it was likely that this would catch up in the next financial year.

·         In response to a question regarding transport costs, Members were advised that these covered fleet costs in the main, such as Care Call vans.  Some travel allowances were also included.

 

RESOLVED – That the report be noted.