Decision details

The Corporate Head of Finance introduced the report, advising there were no material changes proposed to the policy, risk appetite or process.  Paragraph 7 of the report summarised the changes since the previous year.

The Corporate Head of Finance and the Cabinet Member for Finance and Performance responded to members’ questions on the report.  The following points were raised for further review by Cabinet:

a)    Risks considered when acquiring properties as part of the new homes programme should include the build quality of the home; with quality assurance measures put in place to mitigate this.

b)    In connection with risk CR011, reference should be to ‘district’ paths and car parks, not ‘city’.

c)    The consideration of opportunities as well as risks should continue. 

RESOLVED:

That the Cabinet Member for Finance and Performance have regard to the discussion of this committee on the policy and the points outlined above in his presentation of report CAB3453 which would be considered by Cabinet at its meeting on 14 March 2024.