The Dashboard Report indicated that the municipality had serious challenges that required intervention. The assessment pointed to problems in leadership, financial and performance management and in governance. The Report showed that the municipality, among other leadership shortcomings, failed to provide effective leadership based on a culture of honesty, ethical business practices and good governance, protecting and enhancing the best interest of the entity. It failed to exercise oversight responsibility regarding financial and performance reporting and compliance and related internal controls. The municipality failed to implement proper record keeping in a timely manner to ensure that complete relevant and accurate information was accessible and available to support financial and performance reporting. In addition, the municipality did not implement controls over daily and monthly processing and reconciling of transactions. Nor did it implement appropriate risk management activities to ensure that regular risk assessments, including consideration of IT risks and fraud prevention, were conducted and that a risk strategy to address the risks was developed and monitored.