Corporate Objective No 1: To Deliver Value for Money Services to our Customers Report on Board Action Plan Risk Description Current Controls Assurances Action By Whom Comment (Include DATE Risk Score End ADDED) Date L I S Rate 1. Levels of savings 4 4 16 High Budgetary Budgetary Monitoring DoF/ADFM in the overall Process (I) SMT Accountability environment for Breakeven to CX (I) External Approval of 2016/17 May 2016 BSO received a 2016/17 HSC are so great Budget with - Report to those budget DHSSPSNI allocation letter that BSO service specified charged with on 16 March 2016, providing provision to savings Governance (E) formal confirmation that a customers are programme Budgetary Control 15% cut to the BSO recurrent negatively affected process (I) Directorate RRL had been applied, and/or we fail to Latest Best Service Team effective from April 2016. breakeven. Estimates Meetings (I) Financial 2016/17 budget was Accountability Reviews approved at Board meeting The Leadership Service Offering with Directors (I) on 26th May. Centre may be Financial Management particularly affected Meetings held Standard (I) & (E) Risk by a reduced level with DHSSPS Reporting & Review (I) . of client income sponsor branch CX Review of Dirs e.g. HSCB Objectives (I) Dept Accountability Review (E) MIPB Assessment Risk DoF CX / Dirs Type of risk: Economic & Financial
Corporate Objective No 1: To Deliver Value for Money Services to our Customers Report on Board Action Plan Risk Description (Include DATE ADDED) Current Risk Score Controls Assurances Action By Whom End Date Comment L I S Rate 1. Levels of savings in the overall environment for HSC are so great that BSO service provision to customers are negatively affected and/or we fail to breakeven. The Leadership Centre may be particularly affected by a reduced level of client income e.g. HSCB Risk DoF CX / Dirs Type of risk: Economic & Financial 4 4 16 High Budgetary Process Breakeven Budget with specified savings programme Latest Best Estimates Service Offering Meetings held with DHSSPS sponsor branch Budgetary Monitoring (I) SMT Accountability to CX (I) External - Report to those charged with Governance (E) Budgetary Control process (I) Directorate Service Team Meetings (I) Financial Accountability Reviews with Directors (I) Financial Management Standard (I) & (E) Risk Reporting & Review (I) CX Review of Dirs Objectives (I) Dept Accountability Review (E) MIPB Assessment Approval of 2016/17 budget . DoF/ADFM May 2016 BSO received a 2016/17 DHSSPSNI allocation letter on 16 March 2016, providing formal confirmation that a 15% cut to the BSO recurrent RRL had been applied, effective from April 2016. 2016/17 budget was approved at Board meeting on 26th May.