Gananoque council will vote Tuesday on adopting an updated tangible capital asset (TCA) policy to align with Public Sector Accounting Board (PSAB) standards and strengthen the municipality’s long-term financial planning. Article content

The proposed bylaw would repeal the town’s existing 2012 policy and replace it with a new framework outlining how municipal assets are recognized, valued, amortized, and disposed of. The update is designed to improve asset data quality, support life-cycle planning, and link levels of service to asset performance. Article content

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Treasurer John Morrison’s report notes the policy will enhance Gananoque’s asset management program by ensuring consistency in how capital assets are tracked and maintained, while also inform

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