
Coaldale a ‘low revenue-low spend’ municipality; analysis
A new report by the Town of Coaldale reflects well on the community and its finances.
The 2024 Comparative Analysis looks at neighbouring communities like Lethbridge, Lethbridge County and Taber, as well as similarly sized (8,000-10,000 population) municipalities such as Blackfalds, Innisfail, Drumheller, Olds, Hinton and Edson.
The Town of Coaldale explains that the report is a means of “benchmarking” itself, which is a common practice among businesses to assess their own financial and operational performance in relation to their closest competitors.
Chief Administrative Officer Kalen Hastings says Coaldale did quite well overall, classifying it as a “low revenue-low spend” municipality.