Councillor Julia McShane

SHARED FINANCE SERVICES

From: Guildford & Waverley Joint Executive Committee - Thursday, 4th December, 2025 7.00 pm - December 04, 2025

1.    This report recommends that the Joint Executive and the respective Councils agree to Waverley Borough Council discharging Finance functions on behalf of Guildford Borough Council. This will enable a shared service to be put in place within the current budget to both authorities.   2.    A shared service will provide greater resilience, capacity and capability for both authorities. It will fully support the authorities' strategic priorities offering best value for our residents and furthering the collaboration. This should result in a positive organisational reputation and improved staff morale.   3.    It will contribute to the Local Government Reorganisation (LGR), with the Government announcing its decision on 28 October to create two unitaries in Surrey (East and West), with both Guildford and Waverley councils being in the West Surrey Unitary along with Runnymede, Spelthorne, Surrey Heath and Woking councils plus Surrey County Council.

Recommendations Approved (subject to call-in)