Background
The
Executive approved new governance arrangements for Council
companies at its meeting in June 2016. These involved establishing
a new Shareholder Committee whose terms of reference allow it
to:
·
Act as owners/joint owners of the company;
·
Sign off Strategic business plans;
·
Monitor performance and financial delivery against strategic
business plans;
·
Exercise decision making over reserved matters;
·
Determine the remuneration of Directors and any senior managers as
identified in the specific scheme of delegation and agreeing any
performance related bonus payments to staff;
·
Make recommendations to Executive for any investment in/asset
transfers to or lending to companies;
·
Delegating specific functions to Officers of the Council to
increase commercial flexibility.
Membership
·
The Committee is a Committee of the Executive and the same rules of
procedure apply to its meetings as apply to the Executive. Voting
Members therefore need to be members of the Executive.
·
In line with the arrangements for Executive meetings the Leaders of
each of the opposition groups or their nominated substitute will be
invited to attend meetings and be given full rights to participate
in meetings although they will not be entitled to vote. An
Independent Member will also be allowed to attend in the same
capacity.
·
Distribution of decision making powers for companies:
·
http://democracy.york.gov.uk/ecCatDisplay.aspx?sch=doc&cat=13483&path=0
Guidance Reference on City of York Council Companies as of July
2022
Company
|
Teckal status
|
Shareholding
|
Directors
|
Link Officer
|
City of York Trading
|
Yes
|
100% CYC
|
Cllr Ian Cuthbertson
Cllr Jason Rose
Cllr Kallum Taylor
|
Head of Human Resources & Organisational
Development
|
Make it York
|
Yes
|
100% CYC
|
Cllr Peter Kilbane
Cllr Darryl Smalley
|
Strategic Services Manager
|
Veritau
|
Yes
|
50% CYC
50% NYCC
|
Cllr Robert Webb
Debbie Mitchell Chief Finance Officer
|
Director of Governance
|
Yorwaste
|
Yes
|
77.8% NYCC
22.2% CYC
|
Cllr Rachel Melly
|
Head of Service, Finance
|
YPO Procurement Holdings
|
Yes
|
Equal shareholding between
13 Local Authorities (c.7.7% each):
City of York Council
St Helens Borough Council
Barnsley Metropolitan Borough Council
Bolton Council
Calderdale Borough Council
City of Bradford Metropolitan District
Council
Kirklees Borough Council
Wakefield City Council
Doncaster Borough Council
Knowsley Metropolitan Borough Council
North Yorkshire County Council
Rotherham Borough Council
Wigan Borough Council
|
Cllr Nigel Ayre
|
Chief Finance Officer
|