$802,718landfill closure and care liability at December 31, 2025, against a reserve of $492,350
A landfill that stops taking waste must be covered and watched for many years. Accounting rules make the Township record that future cost as a debt today. The 2025 statements put it at $802,718 and say the Adelaide site reached capacity in 2025 (the Metcalfe site closed earlier). The reserve set aside for it was $492,350. The 2026 budget slides give different figures for the same two things ($733,444 owed, $469,001 saved) and say a report on options (expansion, closure or a transfer station) is still to come to Council. The Township has a plan to be fully funded by 2028.
7.51%2026 increase in tax money raised, against a 5.08% rate increase
The levy is the total money the Township collects in property tax. The rate is the amount charged per dollar of a property's value. The 2026 schedules show the Township raising 5,322,618 in taxes against 4,950,751 the year before, a change of 371,867 or 7.51%, while the tax rate rises 5.08%. Staff say the budget started at a 15.31% rate increase and the budget working group cut it to 5.08%.
$1,853,466increase in accounts payable and accrued liabilities during 2025
Accounts payable are bills received or owed but not yet paid at year end. The 2025 statements show 4,820,938 owed, against 2,967,472 a year earlier. Cash on hand was 13,637,371 at the end of 2025. Capital work in progress (projects not yet finished) rose to 2,033,384 and money owed to the Township by benefiting landowners (mostly for drainage work) rose to 1,098,195. The Township says the remaining drain billing is to be issued in August 2026.
$1,217,794actual general government expenses in 2025, against a budget of $971,175
General government covers council, the administration office and corporate costs. The 2025 statements show actual spending of 1,217,794 against a budget of 971,175, and 1,123,188 in 2024. The 2025 budget schedules show a large rise in the Economic Development line (studies and planning work). Amortization (the yearly write-down of what assets are worth) is only 16,931 in this department, so it does not explain the gap on its own. We cannot tell from the documents what does. The budget in the statements is a restated version, which makes a clean comparison hard.