Treasury and Risk Management 101
By Tim Duhamel, Hugh Bell
Learn how to manage money efficiently and effectively, as well as how to manage ongoing risks in an organization.
- Fundamentals of cash management
- How to invest municipal funds to minimize risk while maximizing returns
- Debt Management – responsible use of debt as a tool for capital planning
- Reserves – optimal reserve balances/justification, how to manage reserves, reserve policy
- Benefits of risk management
- How to develop risk management policy
- Key Areas of Risk – theft prevention, property risk, vandalism, disaster, weather
PD Credits: 1.5
Updated: Jun 26, 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.
About the Author
Hugh Bell is an associate of Bloom CME providing educational workshops
and consulting services.
In his 13 years as a Treasury and Risk Manager with Strathcona County, he developed several treasury policies including investment, debt, reserves, and risk management.
He is a past member of GFOA, recent graduate of the McGill executive mini MBA program, and has a CIM designation.
Treasury management ensures that money is properly managed, tracked and accounted for in an effective and efficient manner. The security of the municipal purse is paramount to ensuring municipalities can pay for essential services while achieving long-term goals and objectives.
Risk is an ongoing challenge for all municipalities. Risk Management is the process of making and carrying out decisions that will minimize the adverse effects of risk or potential losses on an organization.
This webinar will provide a review of the key treasury disciplines described below.
Cash Management – fundamentals and tools required for optimal cash use
Investments – how to invest municipal funds to minimize risk while maximizing returns
Debt Management – responsible use of debt as a tool for capital planning
Reserves – optimal reserve balances/justification, how to manage reserves, reserve policy
Risk Management – learn the benefits
Policy – how to develop risk management policy
Key Areas of Risk – theft prevention, property risk, vandalism, disaster, weather