Bancroft’s debt is getting smaller: report
A burden that’s been carried by Bancroft taxpayers for years is easing.
The town is slowly trimming down a multi-million-dollar debt.
A report going to council Wednesday shows that the town’s net financial assets were valued at about -$4.7 million dollars by the end of 2021.
The number has gotten closer to zero each year since 2017, when it was at about -$8.2 million.
Those figures were unveiled in a comparative analysis report delivered to a council by an independent fi
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