Net Financial Position
Total Debt Issued
Debt per Household
Township of Langley: Debt Burden Escalation (2020-2025)
Six-year progression showing dramatic increases in debt burden per capita, per capita aged 20+, and per household
Per Capita
2022: $1,209 → 2025: $3,943
+226% increasePer Capita Aged 20+
2022: $1,589 → 2025: $5,074
+219% increasePer Household
2022: $3,348 → 2025: $10,754
+221% increaseNote: Debt burden decreased from 2020-2023 under the previous administration's pay-as-you-go strategy, then dramatically increased starting in 2024 following the 2022 election. The asterisk (*) indicates projected data for 2025.
Debt per Household: Over $10,750 by 2025
Household debt burden projected to exceed $10,750 - a 221% increase from 2022
Note: Data from 2020-2024 are actual figures. The asterisk (*) indicates projected data for 2025.
Debt-to-Revenue Ratio 2024: Highest Risk Profile
Township's 62.1% ratio indicates debt equals nearly two-thirds of annual revenue - highest among peers
Township of Langley: Net Financial Assets (2020-2024)
Tracking the dramatic shift from net creditor to net debtor position
Peak Position (2022)
+$124.7M Net Financial Assets
Strong creditor positionCurrent Position (2024)
-$8.5M Net Financial Debt
$133.2M deterioration from 2022Note: Net Financial Assets (NFA) are calculated as Total Financial Assets minus Total Liabilities. If the number is positive, it means the municipality has enough financial assets to cover all of its liabilities, with a surplus left over. This is often referred to as a Net Financial Asset position. If the number is negative, it would mean the municipality's liabilities exceed its financial assets, indicating a Net Debt position.
Net Financial Position Change (2023-2024)
Township of Langley experienced the only negative swing among peer municipalities