(a)                      Decision(s)

That the Corporate Governance Manager be advised of Cabinet’s comments on the Risk Register.

(b)          Reason(s) for Decision(s)

Cabinet reviews the Risk Register twice yearly having regard to the comments of the Audit Committee.  Cabinet commented on a number of aspects, including:-

·         It was felt that although progress was being made in relation to the recruitment/retention of professional staff (particularly IT and Planning), the risk rating should remain high.

·         Cabinet sought further information in relation to the item concerning the future planning for growth.

·         Cabinet sought and received an explanation of the risk rating given to The Exchange major project which, in the main reflected national retail trading conditions.

(c)        Alternative Options Considered

None.

(d)       Relevant Scrutiny Committee

None. This is a matter which is reported regularly to the Audit Committee, which had previously recommended that Cabinet review risks at suitable intervals as part of its role in budget setting and monitoring. (As this is a matter within the remit of the Audit Committee, it is not subject to call-in).

(e)        Conflicts of Interest / Dispensation(s)

Councillor Mrs Ward, as a member of the Board of Aylesbury Vale Estates (AVE), declared a personal interest insofar as the Risk Register related to AVE operations.