Agenda item

Council owned companies - financial update

Report of Interim Corporate Director for Finance and Resources

Minutes:

This item does not contain any decisions that are eligible for call-in.

 

The Committee received a presentation by Ian Edward, Strategic Advisor for Companies, updating it on the latest financial position of each company and any material changes since the previous report and identifying any key risks.

 

Resolved to note the presentation.

 

Reason for recommendation

To ensure the sub-committee understands the current financial position of the group of companies of Nottingham City Council and any risks are highlighted for action.

 

Other options considered

None.

 

Supporting documents: