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Municipal Finance 101 for Elected Officials

By Tim Duhamel, Wayne Rothe

This webinar covers the fundamentals of municipal finance management, and key financial processes the elected official must have extensive knowledge on in order to make policy decisions.

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Course Content

  1. Role of Elected Official in the municipal finance process
  2. Finance role (stewardship, financial sustainability)
  3. Fundamentals of the municipal operating and capital budget process (legislation, timelines, structure)
  4. Fundamentals of the municipal reporting process (legislation, timelines, structure)
  5. Taxes and Assessment 101 (purpose, calculations, legislation)
  6. Reserves, debt, amortization, revenues, expenses overview
  7. Key indicators for a financially healthy municipality
  8. Changes to the MGA (allowances for service capital – Fire, Recreation, Police)

August 12, 2021

1:00 PM – 2:00 PM MST

Course Info


Price:$150.00

PD Credits: 1.0

Category: Municipal Foundations

Date: Aug 12, 2021

Time:1:00 PM – 2:00 PM MST

Course Synopsis

Course Info


Price:$75.00

PD Credits: 1.0

Category: Municipal Foundations

Updated: Aug 12, 2021

Duration: 1:26:49


Course Synopsis

About the Author

Tim Duhamel is the founder and President of Bloom Centre of

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About the Author

Wayne Rothe has been a Councillor in Spruce Grove, Alberta for 25 years.

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About the Author

About the Author

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Course Description

  • Role of Elected Official in the municipal finance process

  • Finance role (stewardship, financial sustainability)

  • Fundamentals of the municipal operating and capital budget process (legislation, timelines, structure)

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Learning Outcomes

  • Overview of the entire financial reporting process (deliverables, timelines, goals)

  • Risk analysis related to financial reporting

  • Internal controls – how to incorporate internal controls into the reporting process

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Who Should Attend?

A unique professional development experience that has benefit for all municipal staff, including small, medium and large municipalities!

The webinar focus is on the professional development needs of municipal elected officials.  CAO’s and senior administrators who deal with the governance process will also benefit.

BLOOM can customize courses for your needs.

Some topics include:

Questions? Get in touch…

Bloom Course 6b
Bloom Course 2b
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