Long-term debt policy update
Town of Cobourg- Detected
- Oct 22, 2026
- 22 days ago
- Sector
- Administration & Finance
- Est. value
- Free account
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From the meeting
At its September 24, 2025 meeting, Council approved an updated long-term debt policy effective September 1, 2025. The policy set a $2,000,000 minimum project threshold for debt eligibility and said debt could be used for large capital projects with useful lives over 20 years. The report listed 2025 capital projects that had been identified for debt financing, including the Cobourg East Trunk Sanitary and Watermain and Monks Cove and Harbour Seawall Repair.
Decision state: approved policy framework, with project-by-project financing still to come.
- Meeting date
- October 22, 2026
- Agency
- Town of Cobourg
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