Issue - meetings

Corporate Risk Management

Meeting: 16/12/2020 - Audit and Governance Committee (Item 18)

18 Corporate Risk Management pdf icon PDF 75 KB

Report of the Executive Director of Corporate Resources and Customer Services

Additional documents:

Minutes:

The Committee considered the report of the Executive Director of Corporate Resources and Customer Services on the updated Corporate Risk Register, indicating that since the last meeting, the Corporate Risk Register had been reviewed and updated.

 

The report indicated that there had been no new risks which had been added or escalated from the Service Risk Register to the Corporate Risk Register; that following continual monitoring, the risk of ‘failing to secure external finding for revenue projects/programmes had been de-escalated to the service risk register for Economic Growth and Housing, where it would continue to be assessed. 

 

Mr David Eden, Chief Internal Auditor, presented the report and indicated that the risks had been re-scored in accordance with the revised assessment guidance included in the Corporate Risk Management handbook approved by the Committee in December 2019 and a revised Corporate Risk Management handbook was provided at Appendix 2 to the report, for noting by the Committee. The report also provided information on the planned work to formally define the Council’s Risk Appetite and the further proposed review of the Risk Management Handbook.

 

Mr Eden reminded the Committee that at the Audit and Governance Committee held on 18 December 2019, it had been agreed that for future meetings, a short presentation would be made by a risk owner on one of the risks listed in the Corporate Risk Register. In this respect Mr Chris Lee, Service Manager, Special Educational Needs and Disability – SEND had been invited to provide a presentation to the Committee on measures being taken to ameliorate the risk in respect of the Dedicated School Grant High Needs Funding for Special Educational Needs which was inadequate to meet requirements.  Accordingly, Mr Lee gave a presentation to the Committee and answered questions thereon.

 

RESOLVED: That

 

(1)

the contents of the Corporate Risk Register, particularly the nature of the major risks facing the Council and the controls and planned action in place to mitigate these risks be noted;

 

(2)

the updated Corporate Risk Management Handbook be approved;

 

(3)

the planned work to formally define the Council’s Risk Appetite and the further review of the Risk Management Handbook be noted; and

 

(4)

Mr Lee be thanked for his informative presentation on the risk associated with the Dedicated School Grant Dedicated School Grant High Needs Funding for Special Educational Needs and measures being put into place to reduce / remove the risk and he be requested to provide copies of the presentation slides to Members.