Sunday, May 28, 2017

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Meaford Council News

Meaford's Debt Continues to Decline, Is Now the Right Time to Consider Taking on New Debt?

longtermdebt future270Meaford's long-term debt continues to decline. During the 2010 municipal election campaign, many residents expressed concern over Meaford's debt load, which at the time was approximately $10 million.

Councils in the years since have committed to chipping away at the debt load, and a report provided to council at their February 13 meeting shows that the total long-term debt being carried by the municipality is now down to less than $7.4 million.


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