Decision details

The Director of Resources and Housing submitted a report that provided an update on the Council’s most significant corporate risks, how they were currently being managed and presenting details on the further activity planned to address such risks during 2020/21.

In introducing the report, the Executive Member for Resources emphasised the impact of the Coronavirus pandemic upon the range of risks which were currently being faced by the Council, as reflected within the submitted report.

Responding to a Member’s enquiry, the Board received further information on the stress test work undertaken regarding the resilience of the Council to maintain its financial position and deliver services under certain circumstances, with it being undertaken that the details of such work could be provided to Board Members as required. 

In addition, further to the discussions in the preceding item, the need for continued dialogue with Government around the possibility of being able to address the Council’s financial position over a longer term and with greater flexibility was reiterated.

RESOLVED –

(a)  That the contents of the annual risk management report, as submitted, together with the assurances given on the most significant corporate risks, in line with the Council’s Risk Management Policy and the Board’s overarching responsibility for their management, be noted;

(b)  That it be noted that the submitted report will provide a key source of evidence on the Authority’s risk management arrangements contributing towards the Annual Governance Statement to be considered later this year by the Council’s Corporate Governance and Audit Committee.