$132,868.50plus HST in five rink change orders with printed amounts (worked out by us from five sets of minutes)
In June 2025 council said the Township's share would be $2,247,450, with a $2,000,000 grant, and that the Township would cover any overruns. In October 2025 it awarded the building contract at $4,175,463.00 including HST. Since then council has approved several change orders, each added to the contract on top of the price. The five whose dollar amounts the minutes print come to $132,868.50 plus HST, a total worked out by us.
$1,536,132owed in long-term debt at the end of 2025, before most of the rink borrowing
At the end of 2025 the Township owed $1,536,132 in long-term debt, up from $1,327,073. Its 2025 budget assumed an increase in long-term debt of $4,194,606. Only $340,000 of new borrowing was drawn in 2025, because little of the rink was built by year end. The 2026 payments printed in the notes cover only debt already borrowed.
$5,500,000outstanding claim named in the 2024 audited statements, not named in 2025
The audited statements for 2024 said the Township had "one outstanding claim in the amount of $5,500,000" and that its outcome was not yet determinable. The 2025 statements no longer give an amount. They say the Township believes its insurance coverage is adequate and no material exposure exists.
$188,163general operating surplus left at the end of 2025, down from $552,470
The adopted 2025 budget planned to use all of the general operating surplus carried in: a decrease of $552,470. In the end the general operating surplus fell by $364,307, from $552,470 to $188,163. On paper the Township reported an annual surplus of $748,196 against a budgeted deficit of $92,107. The town's own note explains the budget is restated for accounting, so the paper deficit is not a real shortfall, but the cushion left is small.