Reserve Policy Essentials

By Tim Duhamel

This course will deliver everything required to provide your municipality with an effective reserve policy. Included are the essentials for determining optimal reserve balances.

Register Today!

Course Content

Reserve Fundamentals – The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves.
Essential Reserves / Optional Reserves – Financial resources are limited in today’s difficult municipal world. Reserves are critical to municipal sustainability but can also be viewed negatively by council and the public if not properly justified.
Reserve Policy Must Haves – A comprehensive reserve policy requires certain information be included. Reserve description, justification, use, approval requirements and much more are required when drafting a quality reserve policy.
Optimal Balances – How much is enough, or conversely too much? Justifying reserves can be supported through the understanding of the optimal balance.

Course Content
1. Reserve Fundamentals – The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves.
2. Essential Reserves / Optional Reserves – Financial resources are limited in today’s difficult municipal world. Reserves are critical to municipal sustainability but can also be viewed negatively by council and the public if not properly justified.
3. Reserve Policy Must Haves – A comprehensive reserve policy requires certain information be included. Reserve description, justification, use, approval requirements and much more are required when drafting a quality reserve policy.
4. Optimal Balances – How much is enough, or conversely too much? Justifying reserves can be supported through the understanding of the optimal balance.

Course Info

Price:$199.00

PD Credits: 1.5

Category: Technical

Updated: July 5, 2023

Duration: 1:44:24

Course Synopsis

Reserve Policy Essentials

About the Author

Tim Duhamel is the founder and President of Bloom Centre of

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.

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Course Description

The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves. This webinar will cover the foundational what and why’s of municipal reserves.

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.

Who Should Attend?

Register Today!

In Alberta (GFOA)

BLOOM can customize courses for your needs.

Some topics include:

Financial Planning & Management
- Municipal risk and opportunity reviews
- Financial condition assessments
- Budget process reviews and development
- Priority based budgeting
- Program and service costing
- Operating budget forecasting and financial solution development
- Asset management
- Capital budget development and prioritization
- Capital plan development and prioritization
- Capital plan funding strategies (debt, grants, reserves, operating budget)
- Long term financial plan development
- Municipal price inflation (MPI) development
- User fee and permit reviews
- Development levy plans
- Grant research and application support

Strategic Business Planning
- Strategic plan facilitation and development
- Business plan facilitation and development
- Situational consulting and strategy development
- Facility project plans and feasibility studies

Education & Mentorship
- CAO mentorship and education
- Finance officer mentorship and education
- Council orientation and education
- Environmental education
- Communication and writing mentorship

Project & Change Management
- Project plans
- Change management plans and facilitation
- Services reviews

Advocacy
- Representation and negotiations
- Intermunicipal agreement reviews, frameworks and facilitation
- Intermunicipal negotiations

Communications
- Communication plans and strategies
- Facility sponsorship packages
- Narrative process development (budgets, strategic plans, business plans)
- Business plan writing
- Budget communication support
- Media releases
- Media strategy
- Newsletter development
- Public survey development
- Business case development

Environment
- Environmental education
- Environmental communication plans and strategies
- Climate change adaptation plan development
- Environmental strategic planning
- Environmental grant research and support

Questions? Get in touch…

Reserve Policy Essentials

This course will deliver everything required to provide your municipality with an effective reserve policy. Included are the essentials for determining optimal reserve balances.

Register Today!

Course Content

Course Info

Price:$199.00

PD Credits: 1.5

Category: Technical

Updated: July 5, 2023

Duration: 1:44:24

Course Synopsis

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.

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.

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.

Course Description

The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves. This webinar will cover the foundational what and why’s of municipal reserves.

Learn about essential reserves and how to choose optional reserves, the reserve policy “must haves” when drafting a quality reserve policy, and about optimal balances – how to calculate optimal reserve balances by reserve requirement category.

The key to successful reserve policy creation is having a fundamental understanding of the concept of reserves. This webinar will cover the foundational what and why’s of municipal reserves.

Learn about essential reserves and how to choose optional reserves, the reserve policy “must haves” when drafting a quality reserve policy, and about optimal balances – how to calculate optimal reserve balances by reserve requirement category.

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.

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.

Register Today!

BLOOM can customize courses for your needs.

Some topics include:

Questions? Get in touch…