What You will Learn:
The first part of the webinar will focus on identification of current capital funding capacity through analysis of current funding sources, identification of lifecycle activities captured in the operating budget, outstanding debt repayment obligations, and existing reserves/reserve funds that can be used to support lifecycle funding requirements.
Following the discussion of establishing a baseline, the webinar will provide an overview of capital cost-recovery methods available to municipalities. Additionally, the webinar will provide a discussion of areas where there may be opportunities to enhance funding for asset lifecycle needs – e.g., adequately reflecting the costs of capital assets in the full-cost assessment of user fees (e.g., water/wastewater rates, building permit fees, parks and recreation fees, etc.). The sensitivity of tax levy and user fee impacts to assumptions on the overall funding mix will also be explored.
Part 1 of the Developing a Finance Strategy Series is available on-demand.