Asset Management BC

Asset Management BC

How to Write a Long-Term Financial Plan for Asset Management

Richmond, BC
November 5, 2024

Date: November 5, 2024
Location: Radisson Hotel Vancouver Airport
8181 Cambie Road ,
Cost: $675 Includes: breakfast, lunch, coffee, all course materials and a full-day training session
Payment Methods:

Only VISA and MasterCard payments will be accepted with your online registration.

Registration Deadline: November 1, 2024
Refund Policy: Full refunds up to and including October 25, 2024; no refunds after.
Description: From data collection, through core calculations to developing funding options and communicating findings, this hands-on course is a must for anyone involved in creating a long-term sustainability plan for asset management and having to prove their case with solid calculations.

An optional LTFP Overview session will be provided on October 24th, 9:30AM-12:30PM (for Local Government) and October 24th, 1:00-4:00PM (for First Nations Government).

This is a pre-conference workshop for the 2024 AMBC Conference. Learn more about the conference here.
Requirements: Access to Microsoft Excel is required.
Format: Coursework for this full-day, in-person workshop will cover:
  • Module 1: Introduction – learn about the legislative and practical imperative for asset management financial sustainability.
  • Module 2: Data Collection – learn how to harvest the data needed to conduct financial modelling and financial sustainability analysis.
  • Module 3: Core Calculations – learn the core calculations required to communicate findings and develop recommendations.
  • Module 4: Modelling – learn how to conduct defensible financial modelling for financial sustainability and forecasting.
  • Module 5: Developing Funding Options – learn how to develop and present various funding options to governance decision makers.
  • Module 6: Sensitivity Analysis – learn how to conduct a sensitivity analysis that reinforces the credibility of findings and recommendations.
  • Module 7: Communicating Findings – learn how to effectively communicate findings and recommendations, the most important step of the process.
Outcomes: The workshops provide learning and experience of how to develop and implement long-term financial plans based on objectives established within the Guide. Preparing a long-term financial plan in a manner consistent with the Guide will accomplish the following:
  • Highlight unsustainable funding levels that may result in intergenerational inequitable access to capital services or intergenerational inequitable funding levels,
  • Demonstrate the life-cycle costing benefits to long-term financial planning, and
  • Construct “course-correction” options to achieving sustainable funding levels.
Recommended for: Municipal, Regional District and First Nation community staff. You will get the most out of this workshop if a minimum of two people from different departments and disciplines attend together – ideally finance and public works/engineering. Councillors and Area Directors interested in rolling up their sleeves are also encouraged to attend.
Important Note: Training subsidies of up to 50% per registration are available to eligible participants. For more information, please email us at [email protected]

For more information visit the AMBC website
Hotel Information: The host hotel for the event is the Radisson Vancouver Airport Hotel in Richmond. It is located in the annex of the President Plaza, at 8181 Cambie Road, in Richmond, BC, close to shopping, restaurants and the Skytrain. Rates are $179 sgl/dbl occupancy plus applicable taxes. All guestrooms include complimentary wireless high speed internet access, and complimentary overnight parking. To ensure that you receive the special quoted rate above, please let reservations know that you are attending the AMBC Conference. To make a room reservation, please call the central reservations at the toll free number 1-800-333-3333, call the hotel directly at (236) 305-5339, or e-mail [email protected]. Reservations are on a first come first served basis and should be made no later than October 7 2023. After this date, any rooms not reserved will be released for general sale. Please provide the name of the delegate attending at the time of booking

Instructions

  1. Complete the entire on-line form. Fields marked with * are required. Once the form is complete, click the "Register for Summit" button at the bottom of this page.
  2. After clicking "Register for Summit", your registration will be confirmed.
  3. After you have registered, refer to the on-screen instructions. Payment is accepted by credit card only.
If you experience any difficulties with this form, please contact CivicInfo BC at 250-383-4898.
Participant Information

Payment Information
Registration Fee:
$
GST 5% # 108150541RT0001:
$
Total Payment Due:
$

Need Assistance?

Please contact the Event Administrator.

Wally Wells
Phone: (306) 979-9135
Email: [email protected]