performance in the next quarter. In addition, the library team continues to develop a programme of out-of-hours activities and events at Acton and Northolt Libraries to further increase visitor numbers and engagement.
More detailed performance information, including trends and analysis, is available on the council's website through our public performance dashboard - Ealing Council Performance Dashboard.
The Accounts and Audit Regulations 2015 and Public Sector Internal Audit Standards 2017 require the council to maintain a robust, adequate and effective system of risk management in its delivery of core services. Operation of an effective and embedded risk management framework is an important element of such a system so that the council effectively discharges its corporate governance responsibilities.
The Strategic Leadership Team (SLT) is responsible for reviewing the Strategic Risk Register, ensuring that the management of risk continues to be within the council's risk appetite. Audit Committee is responsible for considering the effectiveness of the council's strategic risk management arrangements.
Good risk management is a key contributor to successful delivery of the council's objectives protecting its assets and resources to deliver value for money and risk implications are required in all member decision reports.
The Strategic Risk Register was fully refreshed by SLT during the year, and this has been reported to the Audit Committee. The council's strategic risks are determined by SLT, and comprise of key risks which either:
Further details on the above issues are included in the Annual Governance Statement.
The council's medium-term finance strategy (MTFS) provides an overarching financial and business planning framework by which resources are allocated in line with council priorities and the council Plan. The MTFS sets out to embed financial sustainability into the council's financial planning processes, amid increasing social care and homelessness demands along with escalating costs driven by inflationary increases, increasing costs of delivering services and real terms funding reductions. The council is continually reviewing its savings and delivery plans while looking for alternative sources of revenue to fund services in order to balance current and future budgets.