$6,712,996spent on transportation services in 2025, against a budget of $5,764,601
The audited statements show transportation services (roads, bridges, winter control and street lighting) spending $6,712,996 in 2025 against a budget of $5,764,601, a gap of about $948,395 (worked out by us). Spending on materials, wear on assets and a new loan's interest all grew from 2024. The Municipality as a whole spent only a little more than it budgeted, so other areas came in under.
$2,963,649owed on a 4.46% loan at the end of 2025, while cash on hand was $14,238,805
At the end of 2025 the Municipality held $14,238,805 in cash and owed $2,963,649 on a 30-year loan from Ontario Infrastructure and Lands Corporation (OILC) at 4.46%. It paid $129,300 in interest on that loan in 2025. Its investment income was $450,850 in 2025, down from $824,769 in 2024.
$7,605,295total cost of the joint fire and roads facility agreements, plus HST
In 2025 the Municipality signed agreements to build a joint fire and roads facility at a total cost of $7,605,295 plus HST. Only $343,603 plus HST had been spent by the end of 2025. The Municipality planned to buy $7,664,283 of capital assets in 2025 but bought $2,279,936, so most of that money was not spent. The 2026 budget deck says some of the building will be paid for by borrowing and reserves.
$270,328the 2026 O.P.P. bill is lower than the calculated amount because of the Province's cap
The Ontario Provincial Police (O.P.P.) bill for 2026 would have gone up 27% to $2,144,668. The Province capped the increase at 11%, so the 2026 bill is $1,874,340. The Municipality says it does not know whether future increases will be capped.