Agenda item

Effectiveness of Internal Control: Corporate & Financial Risk Assessment 2022/23

To receive and consider the report of the R.F.O.


Consideration was given to the report of the Responsible Financial Officer regarding the Risk Management Policy and Corporate & Financial Risk Assessment for 2022-23.


In response to a question raised by the Mayor it was confirmed that by signing the risk assessment she was signing on behalf of the Council to confirm it had received and considered the document under its financial management obligations, it did not hold her individually responsible as the Council was a corporate body with its own legal identity. Insurance was in place to cover the Council against loss or damage caused as a result of its actions unless these were proved to be reckless.


The RFO confirmed there were a few small amendments to be made to the document such as the updating of some officer job titles, these were outlined to members. As the amendments were minor, members were in agreement for these to be made post meeting.


The Deputy Town Clerk also confirmed that any risks identified by officers are detailed in their reports to committees so that members are kept informed as these arise.




1.      That, the report be noted and

2.      That, the Risk Management Policy & Corporate Risk Assessment for the financial year 2022-23 be endorsed.



Supporting documents: