Agenda item

Risk Management - Top Risks

Report of the Chamberlain.

Minutes:

The Committee received a report of the Chamberlain which provided updates regarding the top risks within the Departmental Risk Register.

 

Focusing on Risk .., the Chairman raised the key points from the Commissioner of the City of London Police’s presentation to the Efficiency & Performance Sub-Committee on 11th September:

 

  • Governance piece for the Police with Finance Committee’s role to be clarified and defined in the autumn
  • The Corporation is underweight in terms of how it supports the Police Committee, compared with how other authorities are supported across the UK
  • If the Police need new funding for emerging risks/opportunities, then bids will not be heard unsympathetically. The key is getting their current finances in order
  • £4-5m structural deficit is unsustainable. Officers and Members needed to find a way to close this gap (the Home Office premium was insufficient)
  • The Police Committee’s co-opted Member, Andrew Lentin, was concerned with the Deloitte efficiency findings, he was a lot more confident with the work around the Transform Programme
  • The Commissioner and Deputy Chairman of Police Committee (who was in attendance representing that Committee) were confident about hitting their savings targets for 2018/19.
  • Members asked the Commissioner to return to the Sub-Committee in December to give greater clarity on the projections for FY2019/20 and beyond - with doubts around the robustness of the Deloitte work it was important to nail down for certain the Police’s baseline.

 

RESOLVED – That the Committee noted the report.

Supporting documents: