Budget & Performance Task Group SEB & Strategic Support

1. Budget & Performance Task GroupSEB & Strategic Support Anna D’Alessandro Acting CFO/Section 151

2. Executive Summary • Mix of cost reduction and income generation • Tri-Borough Corporate Services Rationalisation – Legal Services and Human Resources • Managed Services Programme (MSP) implementation – Human Resources • Commercial Opportunities for Income Generation – City Promotions – work ongoing but will largely deliver dividends in 2015/16 • Legal Traded services income generation.

3. SEB & Strategic Support Budget • SEB & Strategic Support was allocated an approved budget of £9.8m in 2013/14 • The projected outturn for 2013/14 is £9.6m • The draft budget envelope for 2014/15 is £8.5m • The budget envelope for 2014/15 includes savings proposals of £1.7m and budget pressures of £0.4m.

4. 2014/15 Key Issues/Projects • Tri-Borough Corporate Services Rationalisation (Legal Services & HR) • Managed Services Programme implementation (HR) – integrated ERP solution with Finance • Integration of systems, processes and ways of working across Tri-Borough • Pension regulations changes engagement and implementation (HR) • Continuing focus on income generation

5. 2014/15 Savings, Pressures & Risks Savings Proposals consist mainly of the following: • Managed Services (HR) c£1m • Increased Income targets and efficiencies – Legal and Comms & Strategy Pressures & Risks • Contract inflationary pressures c£0.1M • Coroner’s Service c£0.1M • Reduced traded services activity due to schools opting out of HR – being looked at through MSP • Increased demand on back office resources to support change

6. 2014/15 SEB & Strategic Support Budget Composition