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Roads and trails are vital, but City Council should have thought of that before spending all our money....

  • Sam Aly
  • Sep 2
  • 1 min read

Updated: 5 days ago

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We are literally less than $200m in debt from bordering on an insolvency spiral.


An irresponsible 20% of the city budget goes towards debt servicing currently (the water debt is paid for separately with our abhorrent water rates), if a city gets to 25-30% it starts to run into serious budget management problems. Cuts would need to be made to vital services to afford the debt payments (we currently don't have available budget to pay for this additional borrowing as it is), which makes the city less desirable to new and current residents. As they move away or choose not to move here, our tax base decreases, but the debt still needs to be paid, so more cuts to basic services have to happen which perpetuates the cycle until full insolvency.


It is absolutely nuts that city council has not had any fiscal restraint in a decade. A couple more years of this and there won't be a way out at all.


Remember to vote for myself and Pat McCord like your town depends on it, because it does.

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