Decision details

RESOLVED:

That Cabinet reviewed feedback from Audit Committee and noted the contents of the Strategic Risk Register as part of the 6 monthly review process.

KEY DECISION:

No.

PORTFOLIO:

Leaders / All

ALTERNATIVE OPTIONS CONSIDERED/REJECTED:

As set out in report.

DECLARATIONS OF INTEREST:

None

DISCUSSION:

The Leader introduced the Strategic Risk Register following the 6 monthly review process and explained that most of the risks had been covered, with a specific budget set aside for any potential ‘rainy day’ issues that may occur.

It was clarified that the blue action points showed the progress of each action alongside the potential risk. The document highlighted the challenges facing the Council, outlined the actionable mitigation strategies attached to these risks, and laid out the proactive approach to assessing risks. A ‘risk owner’ would be designated to provide updates on actions and mitigation of risks.