Not the full picture. Built from public records, which leave things out.Read by hand, Oct 2026DetailsThis is built from public records, which leave a lot out, and some of it may be wrong or out of date. Check the sources, and tell us if you spot a mistake. What this site can't tell you Read by hand. We read Bancroft's own documents for this site in October 2026; the Sources page lists which ones. The comparisons with other places still come from the Province's yearly reports.
A clear, checkable guide to Bancroft's budget, taxes and council decisions. A town of about 4,100 people in Eastern Ontario. Every figure links back to the public record.
$4.8 milliona year gap, from $6.0 million needed to about $1.2 million set aside, in the town’s 2025 asset plan
An asset management plan lists what a town owns (roads, bridges, water and sewer pipes, buildings, trucks) and what it will cost to replace each piece as it wears out. Bancroft’s 2025 plan values what it owns at $134.8 million. It says the town needs to put $6.0 million a year toward replacing these things and now puts in about $1.2 million, a gap of $4.8 million a year. To close it over 15 years, the plan says tax-funded assets need an average tax change of 3.3% a year. The 2026 budget raises the town’s tax by 1.00% after growth, and sets aside $682,209 in reserves (savings for future projects), up from $312,352 in 2025. The town also has $15,666,841 of grant-funded projects under way. The town has published all of these numbers. What residents have not been shown is a plan that connects them.
Found by reading the town's own documents · 5 sources
$4,308,000landfill closing and monitoring costs recorded as owing at the end of 2025, against a landfill savings account of $751,472.60
A landfill has to be covered, watched and kept safe for decades after it closes. Since 2023, accounting rules make a town record that future cost as money it owes. Bancroft owns and runs two landfill sites and shares the cost of a third. Its audited 2025 statements record $4,308,000 for this: $730,600 for the open site, $166,400 for a site to be closed and $3,411,000 for the shared one. The town’s own May 2026 staff report says it is “not currently putting funds into reserve” for closing cells or for the final closing. The landfill savings account held $751,472.60 at the end of 2025. The reserve contributions in the 2026 budget list $76,000 for waste equipment replacement and no line for closing costs.
Found by reading the town's own documents · 3 sources
18 monthsfrom the end of 2023 to the auditor’s signature on June 25, 2025
Every year an outside accountant, called the auditor, checks a town’s books and signs a report saying whether the statements are fair. Bancroft has posted audited statements for 2019 to 2025, each with a clean opinion (“present fairly”). But the dates the auditor signed show a long slide and a recovery. The 2019 and 2020 reports were signed in July 2020 and June 2021. The 2021 report was signed January 26, 2023, the 2022 report February 16, 2024 and the 2023 report June 25, 2025, 18 months after the year ended. The 2024 report followed on September 29, 2025, and the 2025 report on May 26, 2026, five months after the year ended. So the town has caught up. The documents we read do not say why the earlier ones were late.
Found by reading the town's own documents · 4 sources
$68,000Mayor’s discretionary reserve contribution in the 2026 budget, 0.93% of the tax levy
Under Part VI.1 of the Municipal Act, which the Mayor’s written decisions cite, Bancroft’s Mayor now proposes the budget. Council can amend it, the Mayor can veto an amendment, and five members (two-thirds) can override the veto. The Mayor’s 2026 budget, presented January 27, 2026, includes a “Mayor’s Discretionary” addition of $68,000 to reserves, or 0.93% of the tax levy. The budget says what it is for: $66,000 toward library capital debt payments and $2,000 for community grants. The Mayor used the veto once, on March 3, 2026, on an amendment about arena fees, and gave written reasons. Both are posted. What is not shown is whether the $66,000 will come back every year.
Found by reading the town's own documents · 4 sources
The audited statements say the town “shares the costs of one landfill site”, and record $3,411,000 of future closing costs for it, most of the $4.3 million total. Council’s closed-meeting notices named the “Faraday Waste Management Board” at five meetings in 2025: January 14, February 11, March 11, June 3 and September 9. The open record does not say what the board is, what the town pays it, or what was discussed. The September 9 notice listed a legal matter about the Occupational Health and Safety Act under the same heading, and the June 3 notice a property standards issue. Separately, the 2025 statements show $124,447 of “external transfers” under garbage and recycling. They do not say who was paid, so we do not know whether the two are linked.
Found by reading the town's own documents · 3 sources
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