Objectives, Strategies, Indicators and targets - Buffalo City

Compliance/RegulatoryInherent RiskCategory Sub-Category Risks Sub-RisksConsequences Impact Likelihood TotalRisk OwnerLegalLitigation against theFinancial Loss4.00 5.00 20.00 Municipal ManagerMunicipalityReputational damageFinancial Credit Inadequate revenuegeneration andcollection.Financial Various Inability to spendgovernment grants andreport appropriately.Non-compliance with laws andregulations, Lack ofunderstanding of legalframework,Lack of accountabilityThe potential that customers/ratepayers will not meet theirfinancial obligations inaccordance with the agreedterms.Increasing number of indigentdebtors, and inadequatenational funding (outdatedstatistics used by National).Incorrect and/ or incompletecharges to consumers.Incomplete, inaccurate debtorsand/ or debtors masterfileinformation.Lack of funding sited as a risk,however there is under spendingof the conditional grantFinancial lossNegative AuditoutcomesPoor service deliveryLoss of funding5.00 4.33 21.67 Acting CFO5.00 5.00 25.00 Interim Executive Director:Municipal ServicesFinancial Human Settlements Lack of co-ordinationwith Provincial andNational GovernmentInadequate processes andstructuresDelays in fundingPoor service delivery5.00 4.00 20.00 Project Manager: HousingSocialEnvironmentPublic Participation andStakeholder engagementPossibledisengagement andapathy by thecommunityLack of service deliveryInadequate communication withstakeholdersProtestsReputational Damage4.00 5.00 20.00 Interim Executive Director:Strategic Management163