How will the Township pay to close its landfills, while it plans a new one?
$1,644,209asset retirement obligations recorded at December 31, 2025 (landfills, asbestos and a gravel pit)
When a landfill stops taking garbage, the owner must cap and watch it for years. The audited 2025 statements record the Township's estimate of that bill as a debt called an asset retirement obligation: $1,644,209 in total, which also covers asbestos in buildings and a gravel pit. For the Huron Landfill the notes say closing costs start in 2030, and for the Kinloss Landfill in 2045. Reserves are savings set aside for a future cost. The notes name a reserve share for the Mid-Huron Landfill ($232,575) but give no matching savings figure for the other sites. The 2026 budget puts $15,000 into a reserve for waste and starts work to expand the Kinloss Landfill.
Found by reading the town's own documents · 4 sources