Page 227 - City of Colleyville FY22 Adopted Budget

Public Works Business Risk Assessment

Risk Category Risk Likelihood of Mitigation Action If action is
Description Occurrence plans in required? required,
(high, medium, place? briefly
low) describe
water
distribution
systems

Physical Impact of High Ongoing Yes Public
evolution of construction engagement
our built on business and open
environment and adjacent communication
properties
Change in Shifting High No Yes Respond as
community priorities required and
priorities complicate adjust as
project necessary
development,
planning, and
execution.
Expectations Gap between High No Yes Identify
needs and funding and
resources make
available necessary
adjustments
where
applicable
such as utility
rate structure

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