Is the Township replacing its roads and equipment as fast as they wear out?
$463,943spent on new assets in 2025, against $1,324,463 of wear (amortization)
Amortization is the yearly cost of an asset wearing out. In 2025 it was $1,324,463, but the Township bought only $463,943 of new assets. The net value of its assets fell by $897,104 (worked out by us) in one year. The 2025 budget had planned $794,850 of purchases.
Found by reading the town's own documents · 2 sources