Town expects more disrepair in next decade with funding shortfall for asset management The Town of Newmarket is bracing itself for a “wave” of infrastructure repair that could see it experience greater challenges to keep up. Budgeted funding is falling short of matching the repairs needed for parks and facilities within the next decade, according to a staff report to council May 27. While assets are presently in fairly good condition, staff are projecting a significant surge of facility replacement needs starting in 2026-2028, with a shortfall of $70 million over the next decade to address infrastructure on a needs-based basis. Still, the town is planning to address it with reserves and p
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