Developing a Long Term Tax Strategy
By Tim Duhamel
Provides a comprehensive overview of municipal taxes and essential knowledge that all financial professionals and executives require.
- Developing a Tax Rate Bylaw
- Tax Rate Bylaw math explained
- Taxation and the budget – linking tax % increases to budgetary needs
- Review of a budget tax tool
- How to develop a long-term tax strategy
- Linking the capital budget/asset management to a taxation strategy
- Help the public understand taxes and long term requirements
- Public engagement, measuring and justifying tax increases
- Effective communication/presentation of tax increases to Council and the public
PD Credits: 1.5
Updated: Feb 13, 2019
PD Credits: 1.5
Updated: June 25, 2020
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.
February 13, 2019
June 25, 2020
This webinar will cover basic fundamentals, intermediate, and advanced methodologies, and includes new MGA changes related to commercial subclasses and the residential/commercial split ratio.
Tax Rate Bylaw math, taxation and the budget, review of a budget tax tool, how to develop a long-term tax strategy (project plan included), and measuring and justifying tax increases to Council and the public will also be covered.
How to develop a Tax Rate Bylaw (written section and council report requirements)
Understanding Tax Rate Bylaw math (assessment, mill rate, taxation revenue)
Linking tax % increases to budgetary needs (services, inflation, special projects, capital)
Tracking tax % increases/decreases as you develop the budget
How to develop a long-term tax strategy (needs assessment, implementation)
How to link the capital budget/asset management to a taxation strategy
Effective communication/presentation of tax increases to Council and the public
Help the public understand taxes and long term requirements (service, capital needs, inflation, growth)