The Township's own plan says it saves for 42% of what its roads and buildings need: is the gap $4.1 million a year or $1.5 million?
$4.1 millionyearly funding gap in the plan's summary; page 29 of the same plan says $1.5 million
The 2025 Asset Management Plan is the Township's plan for keeping its roads, bridges, buildings and vehicles in good repair. Its summary says the Township needs to put aside $6.99 million a year, puts aside about $2.9 million, and so funds 42% of what it needs, a gap of $4.1 million a year. On page 29 the same plan says the same 42% creates a gap of $1.5 million a year. Both cannot be right. The audited statements show roads being worn out on paper slightly faster than they are replaced.
Found by reading the town's own documents · 3 sources