Report of the Director of Finance (s151 Officer) (Acting)

The Director of Finance (Acting) (s151 Officer) submitted a report presenting a quarterly update on the strategic risks affecting the Council.

To ensure that strategic risks were appropriately measured and that suitable actions were undertaken to mitigate the effect of each risk it had been agreed that the Scrutiny Committee would receive a quarterly monitoring report.

The report included the two key improvements requested by Audit, Governance & Standards Committee as detailed in the Annual Governance Statement at the June 2016 meeting:

a)    Strategic risks fully identified

b)    Project strategic risks are determined

The Committee asked a number of questions which were responded to at the meeting and where further information was requested it was agreed that the Committee would be provided with this information separately.

THE DECISION:

That the quarterly report reviewed  the strategic risks and project strategic risks affecting the Council together with the actions that are in place to mitigate the impact upon the Council of each risk be noted.