Decision details

The report was considered as an urgent item following agreement by the Chairman under Section 100b of the Local Government Act 1972 as the information contained within the report wasn’t available at the time the agenda was produced.

The report before the committee set out the outturn position for oneSource shared services for the financial year 2017/2018. Detailing the cost share of the final position between the three partner councils.

The overall position for oneSource shared is an underspend of (£1.335m), the split of the underspend between the three partner councils is as follows Havering (£0.630m), Newham (£0.645m) and Bexley (£0.060m).

It was reported that Havering and Bexley had transferred their share of the oneSource underspend to the oneSource earmarked reserve and Newham had allocated its split of the underspend into a corporate reserve, therefore the position shown on Oracle will be nil variance in each authority.

The Joint Committee noted the provisional outturn for oneSource services for 2017/2018.