The City of Airdrie experienced unanticipated growth in several revenue streams leading to a surplus; however, it doesn’t mean a decrease in property taxes for Airdronians.
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The City of Airdrie experienced unanticipated growth in several revenue streams leading to a surplus; however, it doesn’t mean a decrease in property taxes for Airdronians.
Read more: https://tinyurl.com/25jja5pe
Airdrie Mayor Peter Brown is sharing his thoughts on recent provincial budget announcements that will affect the Airdrie area.
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The government of Alberta is making investments in water infrastructure, bridges, and roadways in order to boost the province’s economy and accommodate its expanding population.
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Benchmark prices climbed modestly, amid mostly fast-rising year-over-year supply, in most of Calgary’s surrounding communities with one standout for growth. Calgary Real Estate Board’s February report found Canmore led all municipalities with a 13 per cent increase year over year with its benchmark price reaching about $1.07 million. That’s despite sales falling about 26 per cent and inventory rising about 10 per cent.
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Airdrie is closing out 2024 with a $5.8 million surplus, significantly higher than the $1.7 million projected in Q3. The increase is primarily due to banks calling in city investments early, creating a financial windfall that wasn’t included in budget forecasts.
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A growing population, location close to Calgary, and supportive municipalities have led to a thriving business community in the Airdrie region.
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Airdrie City Council has approved a zoning change to allow front-attached garage townhouses in South Windsong, resolving site grading challenges that made the existing zoning unworkable.
Read more: https://tinyurl.com/6w2jjc44
Airdrie Mayor Peter Brown is hopeful following Alberta’s 2025/26 budget announcement last week.
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According to WorldAtlas.com, an online geography resource, Airdrie has been ranked as one of the best places to retire in Alberta. The city placed 11th on the list and is recognized for its affordability, recreational opportunities, and access to healthcare.
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Inventory levels saw substantial year-over-year growth for the second month in a row, rising by 76 per cent to 4,145 units in February. While inventory increases were seen across all price ranges, the largest increases were in homes priced under $500,000.
Read more: https://tinyurl.com/3jc5h6ax