Finance Committee Meeting

Yesterday afternoon we had a scheduled meeting of the Finance Committee at Clyde Road,  chaired as usual by Brian Kavanagh.



Our preliminary un-audited accounts for the full year 2009 indicate a very satisfactory result,  given the pressure on the economy.   Some of earlier meetings in the year,  as I posted at the time,  expressed concern about the likely year end outcome,  and so it is very pleasing that the year appears now to have turned out with a reasonable result.   The details will be presented at our imminent Council meeting at the end of this month.

We also considered the appointment of additional Trustees to our pension schemes;  the status of what appears to be a good new Member Benefits scheme,  which we intend to launch for all Members in the very near term;  some pragmatic revisions to the benevolent fund levy,  which will now be proposed to Council for consideration;  an update on the ground rent negotiations for Clyde Road,   and finally agreeing metrics for the performance of the organisation in 2010.