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Old Posted Jan 18, 2024, 1:49 AM
Colin May Colin May is offline
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Originally Posted by someone123 View Post
I wonder how much of this was deferred maintenance and the basic dynamics of running a newer growing suburb compared to a core municipality. Many metros even with struggling core municipalities have successful suburban municipalities. Often they start to struggle if they become fully developed and have to start coping with infrastructure maintenance without the development fee ponzi scheme.
Dartmouth finances were a mess from day 1 (1961 as a city) and 1995 amalgamation saved them. Burnside was a financial mess from the day it was started by Commodore Estates and then taken over by the city who thought land speculation would expand the tax base, didn't work because the costs and debt servicing were greater than the revenue.
Long ago I went through the Dartmouth financials from day one and traced the never ending financial mess/trouble of Burnside. In addition Dartmouth had the most generous pension plan of any municipality in Canada and that was also a financial drag. At amalgamation Halifax,Bedford and Halifax County all joined the same pension plan as Dartmouth.

Last edited by Colin May; Jan 18, 2024 at 2:08 AM.
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