Skip to content

Calculating Municipal Price Inflation (MPI)

By Tim Duhamel

This webinar will provide the municipal executive and finance professional an in depth understanding of municipal inflation, and how to calculate it specifically for a municipality.

Register Today!

Course Content

  1. Inflation Basics – Includes an overview of the central banking system and how inflation is controlled.
  2. Inflation and the Economy – Gain an understanding of inflationary indicators and how to utilize that information to support municipal budgeting.
  3. The Municipal Basket of Goods – Understanding the municipal basket of goods and how it affects different departments strengthens a municipality’s ability to develop accurate budgets.
  4. Municipal Price Inflation – This webinar will illustrate the differences between consumer price inflation (CPI) and municipal price inflation (MPI).
  5. Linking the Municipal Price Inflation Index to Tax Increases – Municipal price inflation is critical information that supports the requirement for tax increases.
  6. Public Engagement and Inflation – Explaining the budget and what influences budget increases to the public is necessary for effective transparency.

Course Info


Price:$199.00

PD Credits: 1.5

Category: Budget and Reporting

Updated: April 17, 2024

Duration: 1:30:43


Course Synopsis

Calculating Municipal Price Inflation (MPI)

About the Author

Tim Duhamel is the founder and President of Bloom Centre of

Read More/Less
About the Author

About the Author

Tim Duhamel is the founder and President of Bloom Centre of Municipal Education.
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.
MEMBERS ONLY
Register

 

Course Description

Understanding the impact of inflation is critical for a municipality when developing budgets and justifying tax increases.  This webinar will cover the basics of inflation, the differences between CPI and MPI, and why municipalities should put in the effort to calculate the municipal price inflation that is specific to their own basket of goods.

Read More/Less

 

Learning Outcomes

  • Learn the basics of inflation with an understanding of why inflation occurs and how to explain it in layman’s terms.

  • Learn how economic influences impact inflation and the key causes of inflation. Gain an understanding of inflationary indicators and how to utilize that information to support municipal budgeting.

  • Learn how to identify your municipality’s specific basket of goods and where your key inflation risks are.

Read More/Less

 

Who Should Attend?

Any municipal financial professionals and senior executives from small, medium, or large municipalities.

Elected officials, CAO’s, planners, and finance officers will benefit from having a fundamental understanding and core knowledge of all financial processes.

BLOOM can customize courses for your needs.

Some topics include:

Questions? Get in touch…

Bloom Course 6b
Bloom Course 2b
Bloom Course 3b

*Please use your email address as your username
Min. 4 chars long
I want to receive periodical newsletters