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Shared Finance Services

01/04/2016 - Shared Finance Services

Matter for decision

The report provided an update on the plans to create a shared finance service between Cambridge City Council and South Cambridgeshire District Council and sought further approval for further work.

 

Decision of the Leader

i.             Noted the success of the current interim arrangements to share the Head of Finance and other housing finance staff; and agreed to make these permanent to support the development of the shared service.

ii.            Supported further work to develop the finance shared service, as outlined in the report and noted that the final structure of the service would be determined after the implementation of the replacement financial management system.

iii.           Noted that a further report, which included a business case would be brought back to the Committee in due course.

Reason for the Decision

As set out in the Officer’s report.

 

Any Alternative Options Considered and Rejected

Not applicable.

 

Scrutiny Considerations

The Committee received a report from the Head of Finance.

 

The Committee noted that there were substantial savings to be made through shared services.

 

The Committee unanimously resolved to endorse the recommendations.

 

The Leader approved the recommendations.

 

Conflicts of Interest Declared by the Leader (and any Dispensations Granted):

Not applicable.