Easing of debt will allow Bancroft to plan future projects: Mayor

Bancroft Mayor Paul Jenkins says he’s pleased with figures recently released as part of an audit of the town’s finances.
[caption id="attachment_56371" align="alignright" width="300"] Bancroft Mayor Paul Jenkins. Photo by Stephen Petrick, Moose FM.[/caption]
The report, from the firm Bakertilly, showed the town’s net financial assets were valued at -$4.7 million at the end of 2021. That represents an improvement from 2017, when it was -$8.7 million. 
“We put a plan