Upcoming Events

< Previous  Event 45 of 56 Next >
November 5, 2024
9:00 am - 4:00 pm PST

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

Asset Management BC
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)
 
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
Contact
Wally Wells
(306) 979-9135
[email protected]

Event Type: Course
Location: Richmond, BC
Region: Lower Mainland
Accredited: No
Certificate Provided: No
Back to Top