Issue - meetings

REPORT OF THE SERVICE DIRECTOR – RESOURCES

To provide the Committee with an update on the effectiveness of the Risk Management Governance arrangements at North Herts Council.

RESOLVED: That Cabinet

(1)  Noted the update and any recommendations from FARC on the Half Yearly Risk Management update.

(2)  Approved the changes and any associated recommendations from FARC on the review of the Risk Management Framework.

(3)  Commented on and noted recommendations from FARC on the type of Risk Management Training they would like to see going forward.

REASONS FOR DECISIONS:

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

(2)  This Committee has responsibility to monitor the effective development and operation of Risk Management.

Audio recording – 35 minutes 57 seconds

The Executive Member for Finance and IT presented the report entitled ‘Half Yearly Report on Risk Management’ and advised of the following:

·         The comments made at Finance, Audit and Risk on this item had been noted and the Overview and Scrutiny Committee consider risk as part of the Council Delivery Plan.

·         The aim of this was to ensure that the Council was managing risk effectively.

·         It was important that all Members were given suitable risk management training.

The Chair of Finance, Audit and Risk Committee presented the referral on this item and noted:

·         There was a good debate on this at the meeting and overall the Committee were supportive.

·         Members of the Committee would be receiving training on Pentana and it was hoped this could be extended to all Members.

·         Finance, Audit and Risk and Overview and Scrutiny Committee Members could attend the quarterly risk management group, which took place during the daytime.

·         There was concern raised to the why the risk for the Empty House strategy had decreased in likelihood but has increased impact. The Service Director – Resources would investigate and confirm with the Committee, as it was expected this was an error.

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

RESOLVED: That Cabinet

(1)  Noted the update and any recommendations from FARC on the Half Yearly Risk Management update.

(2)  Approved the changes and any associated recommendations from FARC on the review of the Risk Management Framework.

(3)  Commented on and noted recommendations from FARC on the type of Risk Management Training they would like to see going forward.

REASONS FOR DECISIONS:

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

(2)  This Committee has responsibility to monitor the effective development and operation of Risk Management.