Agenda item

In response to a query from a Member about the organisation’s reserves policy, the CGO advised that the organisation held free reserves and used the income generated by interest to fund their core costs, which officers considered to be reasonable as the income generated was being spent rather than accumulated. The CGO also advised that the proposed salary was comparable to similar roles at other organisations and was in keeping with the rest of the organisation.

APPROVED £114,350 over three years (£34,740; £39,238; £40,372) to cover the salary and on costs of a specialist mental health worker for homeless people to work alongside a multi-disciplinary team at Seymour Place.