If amalgamation were to proceed, would residents be responsible for the debt load of both municipalities?

If the communities were to amalgamate, most debts associated with the general fund would become the responsibility of all property owners within the combined municipality through general municipal property taxation (i.e. debt payments would continue to be funded through a municipal-wide general fund vs. only being funded through a specific geographic area). However, debt payments associated with utilities (i.e. water and sewer) would continue to be funded through the specific local area services (i.e. debt payments would not be spread throughout the larger geographic area)[1], unless and until local area services are eliminated or merged.

[1] Amalgamation Study, Technical Analysis. Urban Systems. April 21, 2017. Pg. 25

Updated June 20, 2018

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