Debt vs. Reserves: Analyzing the way St. Albert does business - St. Albert Gazette

Debt vs. Reserves: Analyzing the way St. Albert does business
St. Albert Gazette
In a commitment to reducing its debt, the City of St. Albert has been steadily moving toward a pay-as-you-go model, racking up $112.4 million in reserve funding, as of June 30, 2015. While the intent to bring St. Albert back to black is honourable ...