+42%roads and snow, 2019 to 2022
Nipigon spent $686K on roads and snow in 2019 and $974K in 2022. Prices only went up about 11% in that time.
$322Kowed in unpaid property tax, end of 2022
At the end of 2022, $322K of property tax had been billed but not paid. That is 12% of everything billed. Only 7 of 38 similar towns had a higher share. A year earlier it was $400K.
$7,279,414estimated total landfill closure and after-care cost, against $172,089 set aside
A town must cap and watch a landfill after it closes. The statements record a landfill liability of $363,123 at the end of 2022. They also say the total expected cost is $7,279,414 in future dollars, with $6,916,291 still to be recorded over the closure and care period. The Township has set aside $172,089 in a reserve fund. The Township explains that it expects to fund the liability through budget allocations to a landfill reserve over the site's remaining life.
$1,985,944Province of Ontario grants in 2022, against a budget of $1,116,023
Provincial grants were budgeted at $1,116,023 for 2022 and came in at $1,985,944. Total revenues were $5,934,233 against a budget of $4,730,241. The Township also bought $1,504,621 of capital assets (roads, buildings, equipment), against a plan of $775,820. Together this turned a planned deficit of $182,173 into a surplus of $505,308. The capital grants table shows $927,105 of capital grants in transportation, which fits grant-funded road work.
$488,941operating fund at the end of 2022, down from $827,023
The operating fund is the part of the Township's savings that pays everyday costs. Schedule 1 shows it at $488,941 at the end of 2022, down from $827,023. The same year the Township reported an annual surplus of $505,308. The fall is $338,082 (worked out by us).