The Town of Kensington, Prince Edward Island, has released its draft budget for the 2026-2027 fiscal year, outlining the municipality’s financial plans for the coming months. The document, which was made available for public review on April 13, 2026, details how the town intends to manage its revenues and fund essential community services.
The draft budget projects total revenues of $4,938,528 against total expenses of $4,492,810, resulting in a forecasted surplus of $445,718. This financial plan will determine local property tax rates and set funding levels for key services such as water and sewer utilities, snow removal, facility maintenance, and emergency services.
A major focus of the town’s long-term financial strategy is its proposed five-year capital plan, which totals $12,404,340 in projects. This plan includes significant investments directed toward water and sewer infrastructure at $7.755 million, parks and recreation at $2.58 million, and public works at $911,000. These infrastructure plans reflect the needs of a growing community, with the town’s population projected to reach 3,000 by 2030, nearly doubling its size over 15 years.
The town’s budget also supports its local police service, one of the few municipal departments of its kind in Prince Edward Island. The police service accounts for nearly 20 percent of the town’s annual budget. Current leadership, including Mayor Jeff Spencer, Deputy Mayor Rodney Mann, and Councillors Tyler Doucette, Ivan Gallant, Bonnie MacRae, Wade Toombs, and Shawn McCarvill, are managing these expenditures amid broader provincial discussions regarding the sustainability of municipal funding models, where smaller towns often serve larger populations than their tax bases account for.
Residents are encouraged to review the draft budget to understand how these funds are allocated. Copies are available for inspection at the Town of Kensington Hall, located at 55 Victoria Street East, or can be downloaded from the town’s official website.
