Issue - meetings

To consider and agree the minutes of the meeting held on 5^th February 2019.

The Panel received a verbal update from BDO on the review of the pooling of housing capital receipt returns. It was noted that the total was estimated to be around £21m of which the Council was able to retain 30%. Further work was being undertaken to bottom out this figure including testing payments to third parties, such as housing associations.

The Committee sought further details on this issue, including information on the process used for transferring receipts to housing associations. Was this done through a tender process, for example? The Head of Pensions agreed to send round a note to Members on this issue. (Action: Thomas Skeen).

RESOLVED

The minutes of the meeting held on 5^th February were agreed as a correct record.