Issue - meetings

To consider the report of the Head of Audit.

Scrutiny Committee – Resources considered the report at their meeting on 25 March 2009 and their comments will be reported.

(Report circulated)

The report of the Head of Audit was submitted, advising the Committee of the Council’s progress on risk management and seeking approval of the updated corporate risk register.

Scrutiny Committee – Resources considered the report at their meeting on 25 March 2009 and the support and comments of Members were noted.

With regard to the Royal Albert Memorial Museum (RAMM) project, members commented on the importance of the Council being proactive in relation to risk management by using past experience and that of other authorities to inform likely risk.  The Director Corporate Services responded that the RAMM project had its own risk management arrangements and considerable efforts were made and systems were in place to predict risk.  A twice-yearly report was made to Scrutiny Committee – Resources and annual reports were made to Executive and the other two Scrutiny Committees.

Executive resolved that:-

(1)     the updated Corporate Risk Register be approved; and

(2)     the risk management progress to date be noted and the steps outlined at paragraph 4.2 of the report be approved to provide the most up to date information possible for consideration at committee.

The report of the Head of Audit was submitted, advising the Committee of the Council’s progress on risk management and seeking approval of the updated corporate risk register.

Scrutiny Committee – Resources considered the report at their meeting on 25 March 2009 and the support and comments of Members were noted.

With regard to the Royal Albert Memorial Museum (RAMM) project, members commented on the importance of the Council being proactive in relation to risk management by using past experience and that of other authorities to inform likely risk.  The Director Corporate Services responded that the RAMM project had its own risk management arrangements and considerable efforts were made and systems were in place to predict risk.  A twice-yearly report was made to Scrutiny Committee – Resources and annual reports were made to Executive and the other two Scrutiny Committees.

RESOLVED that:-

(1)     the updated Corporate Risk Register be approved; and

(2)     the risk management progress to date be noted and the steps outlined at paragraph 4.2 of the report be approved to provide the most up to date information possible for consideration at committee.

(Report circulated)

To consider the report of the Head of Audit – report circulated

The Head of Audit presented the report on the Council’s Corporate Governance Risk Register Annual Review and sought Members support to submit the updated corporate risk register to the Executive for approval.

In answer to a Member’s question, the Head of Treasury Services stated that the Fund Manager at Devon County Council had advised that because of the drop in Global Markets the Council could be required to increase its contribution to the Superannuation Fund when the next 3 year review was due. This would have to be built into the medium term budget plan.

Members discussed the format of the risk register and the individual scoring of each of the risks.

Scrutiny Committee - Resources:-

(1)          reviewed the updated Corporate Risk Register;

(2)          approved submission of the annual corporate risk register to the Executive; and

(3)          noted the risk management progress to date and agreed to the steps outlined at paragraph 4.2 of the circulated report to provide the most up to date information possible for consideration at Committee.

(Report circulated)