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Stratford Maintaining Ownership of Municipal Airport

Stratford will be holding onto the municipal airport.

Council voted to retain the ownership of the airport following a financial sustainability study on the airport was presented.

The report showed an annual tax supported operating deficit for the facility will jump to over $300,000 over the next ten years.

For next years budget, council also voted to increase its contribution to the airport from capital reserves to $207,000 up from $100,000.

Council will also look into ways to increase revenue generation for the facility.

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