In a media release today initial details are included. Because surrounding Councils hold a 9% stake in Lothian Buses (with the remainder held by Edinburgh Council), the governance structure has three elements - Lothian Buses, the tram company and Transport for Edinburgh, the parent company.
The report will be considered at a meeting of Edinburgh Council on 22nd August.
Conservative Group Leader Cllr Cameron Rose has commented on the proposals and press release:
The report will be available on the Council web site late tomorrow morning."Given the history of the project, the top priority is to get trams up and running as efficiently as possible. With trams now being tested on the track between Gogar and the Airport, Transport for Edinburgh needs to focus on providing a good service to travelling customers with integrated tram and buses. Grand plans for the future are premature.
The reality is that the tram part of the companies will not run profitably for some considerable time and the priority is to get it running smoothly - and into the black as soon as can be. That is what the people and taxpayers of Edinburgh expect and deserve.
The proposals published by the Administration are for a politician to chair the board of the transport companies. That is not a good idea. I believe a non executive director with relevant transport expertise would be more appropriate and I will try to persuade the Administration to accept this improvement."