Drummond Island Township Proposed Budget FY2026-2027
Township Funds Golf Course Mower Purchase with Savings
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Description
The township plans to continue annual $12,500 repayments into its savings for a golf course mower purchased outright, avoiding external lender interest. This is part of a 5-year internal equipment financing plan totaling approximately $68,599.
Contract Details
Contract Amount
$12,500 annual repayment (total cost approx. $68,599 over approx. 5 years)
Vendor
GOLF COURSE MOWER PURCHASE (FROM TOWNSHIP SAVINGS)
Agency
Town of Drummond, MI
Contract Type
EQUIPMENT
Document Date
March 21, 2026
Contract Term
Approx. 5 years (annual repayments; FY2026-2027 is one installment)
Renewal Date
2027-03-31
Renewal Info
Annual internal repayment schedule, approximately five years total. FY2026-2027 represents the next scheduled payment.
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Drummond Island Township Proposed Budget FY2026-2027
Drummond Island Township Proposed Budget FY2026-2027
Drummond Island Township Proposed Budget FY2026-2027
Drummond Island Township Proposed Budget FY2026-2027
Drummond Island Township Proposed Budget FY2026-2027
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