Alfred and Plantagenet township council has adopted a financial plan required for the municipality to continue operating a licensed water supply system.
At the Monday, August 11 council meeting, Nancy Neale of Watson and Associates presented the Water Financial Plan. The financial plan is required by the Ontario government, along with a Drinking Water Works Permit, an Accepted Operation Plan based on the Drinking Water Quality Management Standard, Accreditation of the Operating Authority, and a Permit to Take Water for the municipality to renew its Municipal Drinking Water Licence in 2026.
Neale said a single financial plan may be used for Alfred and Plantagenet’s three systems, which are in Alfred-Lefaivre, Plantagenet, and Wendover.
The Water Financial Plan is required to include all of the assets, liabilities, debts, and cash flow for the water systems, and projected changes in those categories.
An increase of $2,081,726 in the township’s water system assets is projected from 2026 to 2034. The tangible capital assets are projected to increase by $1,190,405 during that same period of time.
From 2026 to 2034, $6,200,000 of acquired tangible capital assets for the systems is projected.
Councillor Jean-Pierre Cadieux noted that the Alfred-Lefaivre system actually supplies water to the Plantagenet system, but it is still considered a separate system. Cadieux said the village of Plantagenet formerly had its own filtration system and took water from the South Nation River, but that water source and filtration system was discontinued because it was more difficult to treat water from the South Nation River, and the filtration system was more expensive to maintain.
Cadieu also asked if the connection to St-Isidore would affect the financial plan. Neale said that would require more research.
Council unanimously adopted the Water Financial Plan.
