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Strathcona County’s debt use sparks debate over limits and safety concerns at Sherwood Drive.
Strathcona County’s debt usage is under public scrutiny, with a letter claiming the county is nearing a $580 million limit at 17% ($98 million), warning it could hinder future capital projects and contribute to a 6.63% tax increase. The county’s Finance department counters that actual debt as of December 2024 was $112 million, within a $707 million limit (16% utilization), with projected borrowing expected to reach 41% by 2025, still below the cap. Meanwhile, residents report safety issues at the Sherwood Drive traffic circle due to drivers failing to yield, undermining its design.
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