Audit & Risk Subcommittee Agenda

1. Welcome
2. Apologies

   Apology received from Cr Gretchen Robertson.

3. Public Forum

   No requests from members of the public to address the Audit and Risk Subcommittee were received prior to publication of the agenda.

4. Confirmation of Agenda

   Note: Any additions must be approved by resolution with an explanation as to why they cannot be delayed until a future meeting.

5. Declarations of Interest

   Members are reminded of the need to stand aside from decision-making when a conflict arises between their role as an elected representative and any private or other external interest they might have. ORC Councillors’ Declarations of Interests are published on the website.

6. Presentations

   Currently, there are no presentations scheduled for this meeting.

7. Confirmation of Minutes

   That the minutes of the Audit and Risk Committee meeting held on 6 December 2023 be confirmed as a true and accurate record.

8. Actions (Status of Subcommittee Resolutions)
9. Matters for Consideration
   • Audit and Risk Work Programme 2024

     This paper outlines the proposed work programme to be covered at Audit and Risk Subcommittee meetings in the 2024 calendar year to ensure the responsibilities outlined in the Terms of Reference are fulfilled.

   • People and Safety Report

     The purpose of this report is to summarise year-to-date information on health, safety, and wellbeing (HSW), and people and culture (HR) at ORC.

     • Audit and Risk Incident and Near Miss Dashboard
     • HSW Critical Risks Profiles as of 14 Feb 2024
   • Treasury Report

     This report presents the quarterly Treasury Reporting Dashboard from Council’s Investment Advisor, Bancorp, as at 31 December 2023.

     • Bancorp Treasury Reporting Dashboard December 2023
   • Deep Dive - Strategic Engagement

     This paper facilitates a discussion, or ‘deep dive,’ into Council’s management of the Community Engagement strategic risk.

     • Strategic Risk Deep Dive Community Engagement
   • Internal Audit

     The Terms of Reference for this Audit & Risk Committee includes responsibility over Internal Audit. Previously, this Committee discussed and agreed to commence Internal Audit activity. This paper provides an update and outlines next steps.

     • Appendix 1
10. Resolution to Exclude the Public

    That the public be excluded from the following items under LGOIMA 48(1)(a):

    • Confidential Minutes - Audit and Risk Subcommittee, 6 December 2023
    • Managed Fund Report
    • Strategic Risk Register
11. Closure