Finance Committee Reviews Preliminary 2026 Capital Plan

Finance Committee Reviews Preliminary 2026 Capital Plan - September 3, 2025

The Town of Aylmer has shared its preliminary capital budget plan for 2026. This is a first draft of how the Town will spend money on important projects and how it may pay for them.

What's happening next?

The Finance Committee is talking about this plan now and will share a final version later this fall for approval.

Why the Plan Matters

Every year, Aylmer must create and approve a budget that covers things like infrastructure, equipment, and town services. This helps the town figure out how much money to raise through taxes and fees.

This time, the proposed 2026 budget is about $8.4 million—plus a bit more money carried over from 2025.

Big Projects for 2026

Here are the main projects the town is planning:

SCADA and Lagoon Upgrades – Important updates for water systems.
Parks & Recreation Improvements – Especially pool and trail projects.
Town Hall Facelift – Fixing the roof, brickwork, and windows of this symbolic building with a clock tower.
South Street Makeover – Rebuilding the road, sidewalks, and underground utilities.
New Operations Vehicle – Replacing an aging salt-and-spread truck used in winter.
Trail Expansion – Building a new trail and bridge to connect paths in the town.

There are also plans to hire experts to study water and wastewater rates, and development charges—making sure the town has a good plan for future funding.

How It Will Be Paid For

Some projects will be paid with grants and special reserves. But starting in 2026, the town will need to use more money from property taxes to refill reserves for future repairs and projects.

What’s Next?

Town staff are asking Council to review and discuss the budget now, and give feedback.
They hope to approve it in principle soon so that project bids can start off strong.

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