CC 07-19-2022 Item No. 31. Fiscal Policy Inventory_Written CommunicationsFrom:Jean Bedord
To:City Clerk
Subject:Agenda Item #31 Fiscal Policy Inventory
Date:Tuesday, July 19, 2022 4:50:03 PM
Attachments:Enterprise Risk Assessment Report 12-9-20-PG-5.pdf
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Please put the following 1 page PDF on the screen when I am speaking on this agenda item
tonight.
Thank you.
Jean Bedord
Cupertino Resident
Enterprise Risk Assessment Report | 2
FOR INTERNAL USE OF CITY OF CUPERTINO ONLY
The risk assessment evaluates the organization’s risks across the following categories, organized
alphabetically for each risk level. The table below presents the summary results of the assessment.
RISK CATEGORY IMPACT LIKELIHOOD PREPAREDNESS TRAJECTORY
High Risk
Procurement and Contracting High Moderate-to-High Low-to-Moderate Increasing
Moderate-to-High Risk
Governance Moderate-to-High Moderate-to-High Low-to-Moderate Flat
External Environment High Moderate-to-High Moderate Increasing
Human Capital and Resources Moderate-to-High Moderate-to-High Moderate Increasing
Information Technology Moderate-to-High Moderate Moderate-to-High Increasing
Planning and Strategy Moderate-to-High Moderate-to-High Low-to-Moderate Flat
Policies and Procedures Moderate-to-High Moderate-to-High Moderate Flat
Moderate Risk
Capital Improvement Program Moderate-to-High Moderate Low-to-Moderate Flat
Compliance and Financial Reporting Moderate Low-to-Moderate Moderate Increasing
Ethics and Fraud, Waste,
Abuse Moderate-to-High Low-to-Moderate Low-to-Moderate Flat
Internal Controls Moderate Moderate Moderate Flat
Operations and Service
Delivery Moderate Moderate Moderate Flat
Organization and Staffing Moderate Moderate-to-High Moderate Flat
Risk Programs Moderate Low-to-Moderate Low-to-Moderate Flat
Low-to-Moderate Risk
Accounting and Finance Moderate Low-to-Moderate Moderate Decreasing
Asset Management Moderate Moderate Moderate-to-High Decreasing
Management and
Leadership Moderate Low-to-Moderate Moderate-to-High Decreasing
Public Safety and Security Moderate Low-to-Moderate Moderate-to-High Increasing
Reputation and Public
Perception Moderate Moderate Moderate-to-High Flat