Issue - meetings

REPORT OF THE SERVICE DIRECTOR - RESOURCES

To receive the second quarter update on Risk Management and the Annual Review of the Risk Management Framework.

RESOLVED:

(1)  That Cabinet noted the update on the Corporate Risks for the quarter, namely:

·         The review of the Covid-19 Leisure Management Contract Corporate risk with an unchanged risk score of 9 and a Target risk score of 6.

·         The review of the Novel Coronavirus (Covid-19) Recovery Corporate risk with a current risk score of 9 and a target risk score of 6.

·         The review of the Managing the Councils Finances Corporate risk with an unchanged current risk score of 9, and a target risk score of 3

·         The proposal to downgrade the Impact of Anti-Social Behaviour on Council Facilities Corporate risk to a service risk.

(2)  That Cabinet approved the annual review of the Risk Management Framework.

REASONS FOR DECISIONS:

(1)  The responsibility for ensuring the management of risks is that of Cabinet.

(2)  The Finance, Audit and Risk Committee has responsibility to monitor the effective development and operation of Risk Management.

The Executive Member for Finance and IT presented the report entitled Quarterly Update on Risk Management and Annual Review of Risk Management Framework and noted:

·         The impact of Anti-Social Behaviour on Council facilities would be changed from a Corporate Risk to a Service Risk, as the reduction in issues demonstrated that action taken has had an impact.

·         There were minor changes to the risk management framework as outlined in Appendix C.

·         Risks identified regarding leisure facilities were proved correct given the emergence of the new Omicron variant.

The Service Director – Resources requested that the recommendation 2.2 be changed from Cabinet noting the report to Cabinet approval of the report.

Councillor Ian Albert proposed, as amended, and Councillor Steve Jarvis seconded and, following a vote, it was:

RESOLVED:

(1)  That Cabinet noted the update on the Corporate Risks for the quarter, namely:

·         The review of the Covid-19 Leisure Management Contract Corporate risk with an unchanged risk score of 9 and a Target risk score of 6.

·         The review of the Novel Coronavirus (Covid-19) Recovery Corporate risk with a current risk score of 9 and a target risk score of 6.

·         The review of the Managing the Councils Finances Corporate risk with an unchanged current risk score of 9, and a target risk score of 3

·         The proposal to downgrade the Impact of Anti-Social Behaviour on Council Facilities Corporate risk to a service risk.

(2)  That Cabinet approved the annual review of the Risk Management Framework.

REASONS FOR DECISIONS:

(1)  The responsibility for ensuring the management of risks is that of Cabinet.

(2)  The Finance, Audit and Risk Committee has responsibility to monitor the effective development and operation of Risk Management.