$945,000yearly funding gap, according to the Township's 2025 asset management plan
An asset management plan is a long list of what a town owns (roads, bridges, buildings, vehicles, landfills) and what it will cost to keep it all working. The Township's 2025 plan says its roads and other assets would cost $69.5 million to replace. It says keeping them up needs $1.19 million a year, that the Township commits about $243,000 a year, and that the gap is $945,000 a year. The plan recommends a 5% tax increase each year for ten years to close the gap. The $945,000 gap is the plan's number, not ours.
$124,838capital assets bought in 2025, against a budget of $527,304
Capital spending is money spent on things that last, like trucks, roads and buildings. In 2025 the statements show purchases of $124,838 against a budget of $527,304. Over the same year the wear on existing assets (amortization) was $549,186, and the Township's "Future capital" reserve grew from $2,537,812 to $2,752,368 (a rise of $214,556, worked out by us). Road spending (transportation services) also came in under budget, at $1,597,605 against $1,886,734. A budget that is not fully spent is not a problem by itself, but it matters here because of the funding gap in the asset plan.
$2,878,364asset retirement obligation at the end of 2025, mostly landfill closure
The Township owns two landfill sites. Its statements list a liability (money it will have to spend later) for closing them and caring for them afterwards. The total "asset retirement obligation" is $2,878,364 at the end of 2025, of which landfill closure is $2,747,300. The Township's cash is $3,097,273. The statements say the sites are projected to close between 2034 and 2035. The reserves listed in the statements are "Working funds" and "Future capital"; none is named for landfill closure. The yearly accretion expense (the liability growing as closing gets closer) was $118,300 in 2025, and the budget printed "-" for that line.
April 9, 2024latest meeting listed on the Township's own agenda and minutes archive
The Township's finance page lists its audited statements for 2019 to 2025 and its tax levy by-laws. About the budget it says residents may "view or request a copy by contacting [the Township]". We did not find a budget file on the site, and we did not find the yearly statement of council pay and expenses on the council or finance pages. The Township's own archive of agendas and minutes ends at April 9, 2024, and the Council Meetings page points to a separate portal for May 2024 onward. That portal's robots.txt asks automated tools to stay out, so we did not read it. The Township's 2026 tax levy by-law and its schedules are posted as scanned images, so we did not use their figures.