Agenda and draft minutes

Resolved –

That the Minutes of the meeting held on 14 September 2021, having been printed and circulated, be confirmed as read and signed by the Chairman as a correct record.

There were no declarations of interest.

Members of the public may ask questions or make statements at this meeting if they have given notice to Melanie Carr of Democratic and Scrutiny Services and supplied the text (contact details below) by midday on Thursday 16 January 2020, three working days before the day of the meeting.  Each speaker should limit themselves to 3 minutes on any item.  Members of the public who have given notice will be invited to speak:-

·          at this point in the meeting if their questions/statements relate to matters which are not otherwise on the Agenda (subject to an overall time limit of 30 minutes);

·          when the relevant Agenda item is being considered if they wish to speak on a matter which is on the Agenda for this meeting.

If you are exercising your right to speak at this meeting, but do not wish to be recorded, p  ...  view the full agenda text for item 67.

Recommendation:  That the Shareholder Committee notes the update.

The report of the Assistant Director for Strategic Resources, providing a Quarter Two financial and performance update for 2019/20 for the companies that make up the Brierley Group.

Vicki Dixon, Assistant Director for Strategic Resources introduced the report, providing an overview of performance and highlighting the second quarter achievements and challenges for the individual companies.  She noted that for this financial year, the Group continued to outperform the position as of the end of 2020/21, and that Covid could affect the forecasted outturns.  She also drew members’ attention to the actual loss at Quarter 2 of £333K, against a budgeted loss of £1K, and the end of the financial year forecast which was slightly below the budgeted profit of £368K at a predicted £268K.

She went on to note some of the individual company’s key performance factors driving their financial performance, as detailed in the report e.g. the effect of Covid-19, the rising costs and availability of supplies, and labour shortages etc.

Members noted:

·            The Quarter 2 report now included the financial position for NY Highways, which was forecast to deliver a small profit by the end of the financial year;

·            A reduction in the number of highways complaints being received since the inception of NY Highways;

·            The apparent loss for Brierley Homes, which was considered a timing issue that would be addressed once the properties were sold;

·            Align had expanded some of its working relationships with the other Brierley Group companies, which showed the benefits of the Group working together, as built in to the business plan;

·            The strong performance of NYNet, its roll out of public wifi, and its ongoing work to develop closer relationships with other public sector organisations;

·            Yorwaste had addressed its driver recruitment and retention issues;

·            Veritau’s expansion of its customer base;

In regard to NYnet, Gary Fielding, Corporate Director for Strategic Resources outlined the multiple benefits of the company managing the additional services on the Authority’s behalf, and Vicki Dixon agreed to provide a written response on why LFFN was not currently being marketed to Business Parks.

County Councillor Gareth Dadd noted that shareholder value was not just about the financial returns of £6m, but also about the performance to the Authority as its client and ultimately to the residents of North Yorkshire.

Members noted and endorsed the positive report, and thanked officers for the update. 

Purpose of the Report: To consider and develop the Work Programme for the Shareholder Committee

Members agreed the work programme for the Committee for the remainder of 2021/22.  The Leader also noted County Councillor Don Mackenzie’s contribution to the work of the committee and thanked him for his final attendance.