Management Committee Briefing May 2017

Management Committee Briefing

The following points were covered at the May Committee Meeting:

• The Committee formally agreed the finalised loan offer from the Bank of Scotland and all the necessary paperwork was signed.
• The Committee agreed their position regarding a restructuring of the SHAPS pension scheme, which it participates in.
• The Committee agreed to advertise for a new Finance Officer, given the forthcoming retirement of the existing post holder.
• The year-end Management accounts were considered and these showed a larger than expected surplus largely due to
o A revaluation of the pension scheme deficit
o Lower than expected interest rates
o Increased rental from early stock completion
o Slightly lower than anticipated spend
• The quarterly Tenant Participation report was considered and the following noted:
o Good satisfaction feedback regarding gas servicing and repair work and also on the new homes at Cultenhove
o The reaccreditation of the Association for the Scottish National Standards for advice provision
o A reduction in the number of complaints received, with all dealt with within target timescales
• Review of the Business Continuity Policy, the Flexible Working Policy and the Acceptable Use Of Computers Policy
• The Committee approved the Annual Return of the Charter and the EESSH Return for submission to the Scottish Housing Regulator.

John Cameron
31/5/17