Delivering value for money, an overview of our work in 2015-16

Updated: 19 September 2016 at 15:54pm

Achieving value for money is at the heart of all that we do.

As a social landlord our main source of income is rents. Any surplus that we make is reinvested in our people, homes and community. We always include value for money in our plans to make sure we get the best outcome for our money.

Our regulator, the Homes and Communities Agency (HCA), requires us to have a "comprehensive and strategic approach to delivering value for money" in meeting the organisation's objectives.  Every year we publish a value for money statement, which outlines how we do this and highlights key savings and outcomes.

This year, we've worked with members of our Residents Communications Group and other involved residents to produce an overview of this statement, which we hope is easy to understand and enjoyable to read.

In 2015/16 we exceeded our value for money savings target of £615,000 and achieved value for money savings of £1million.

Achieving value for money means we are able to provide homes for those who need them, while offering a range of services that allow our residents to enjoy living in their homes and community. It also means building more homes to help meet local housing need in our area. All of this helps us to achieve our vision: "to work together to build a better future for our Phoenix community."

If you have any ideas for how we can save money, or you would like to get more involved, please get in touch.

You can read the overview online or to request a printed copy, please contact us.