3 Year Operating Forecast
By Tim Duhamel
A 3 part webinar series to build a tool to meet your municipality’s operating plan forecasting needs! Develop the forecast process and customize the template.
- Day 1
- Basics of Forecasting
- Forecasting Analytics
- Developing the forecast process
- Gathering the critical inputs
- Day 2
- Review of the forecast inputs
- Tool basics (basic build)
- Tool component review (tax revenue, reserve transfers, expenses, debt servicing, etc.)
- Day 3
- Tool Template review
- Customizing the template to your municipality
- Inputting data
PD Credits: 4.5
Updated: May 21, 2019
Updated: May 23, 2019
Updated: May 24, 2019
About the Author
Tim Duhamel is the founder and President of Bloom Centre of
He is a municipal veteran whose career has spanned over 21 years.
His passion is creating educational material and conducting lectures for municipal professionals. He has lectured as far away as Kiev, Ukraine for the Federation of Canadian Municipalities.
Under the new MGA all municipalities must complete a three-year financial plan. To meet compliance, all municipalities must have the capability to develop a three-year operating budget forecast.
This three-part webinar series provides the necessary training to:
Develop a process to gather the necessary information required to complete a quality three-year forecast!
Customize a three-year forecasting spreadsheet/tool (included) that meets the needs for MGA compliance and your municipality’s long-term planning!
Integrate an easy-to-use tool for operating budget building and forecasting
Learn how to identify risks, opportunities and challenges in your municipality’s operations
Forecast tax growth and future tax increase requirements
Forecast the municipal revenue envelope to comprehensively understand your municipalities’ resource needs to maintain services
Automatically calculate municipal price inflation (MPI) impacts to understand inflation risks and justify tax increase requirements