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HomeMy WebLinkAboutThe Lucknow Sentinel, 1964-10-14, Page 8• ;4 0 • .• Au '/ THE': • LUCKNOW -SENTINEL .LUCKEOW, ONTAKIO: Corporati�n of..the Township . of Kinloss itor's Report andFinancial Statements A, M. HARPER :A: 004...Auditor 'FOR, 'THE.- YEAR ENDED DECEMBER 31. !63 Auditor's Report The Reeve, Councillors and: Ratepayers The Corporationof the Township of :Kinloss; Holyrood, Ontario Gentlemen:, I. have audited the accounts and records of the Township of Kinloss for the • year ended. December 31, 1963, and have prepared. therefrom . the Statements listed in the Index accompanying this, Report. OPERATIONS The ' operations for the year: resulted in a surplus of $2,013.03:, after providing for the deficit of $5,811.54 for 1962 Presented herewith is a condensed, comparative Statement of Revenue and Expenditure for the three years ended December 31, 1963, 1962 ' and 1961,.:' July , 1964 Year ended December 31, Revenue 1963 ` 1962 • 1961 • $110,433 43 ' $101,611.53 50,671.48 .. 37,851.78 • 553.00 ' - 506.00 /1,714.31. t 1,098.43 • 2,989.68 3,990.73` Taxation . Subsidies, Province of Ontario Licenses and permits .. Interest and tax penalties Other. revenue Expenditure .General government. Protection to persons & pro Public works -- roads Conservation . of health Social welfare Education • $ 95,180.30 34,343.43. • 503.00 891.07 5,476.29. $166,361.90 $145,058,47 $136,394:09 •$ 6,266:01 2,361.98. „ 45,992 82: ' 1;268.01 3,831,37 47;$69.04 Debt. ' charges 6,690.66 County: 'rates 23,027.69 Recreation A community service . ,22314.' 'Taxes refunded 75.52 37.00 195:48 Sanitation & waste„ removal Stodry Capital expenditure firom, current. revenue 20,998.61 • Deficits for previous years levied for 5,811.54 • 5,941.41 $ ' 5,26117 '1.,895.85 2,056.09 00,918.92 , ' 49,80735 947.08 '1,196.85 4,550.53 '6,782.89 43,860.43 38,236.28. 7,166.25 6,426.39,. x3,048,65:" 22,,70429' 209.25. ' 315.81. 132.92, 28.00 •20:00:: 2,303.64 12.73. $164;348.87 , $150;870.01. $132,953.57 Surplus or (deficit) for year ....$ 2,01303 .$ (5,811.54) $. 3,440.52 GENERAL T .did ;not examine :.a fidelity bond: for :the Treasurer o f U.S.S. No. 1 Kinloss and Greenock; ` and therefore it is presumed that he is not bonded as is required by Section 34 (7) of the Schools Administration Act , No budget . was prepared in 1963 as is required' by. section 297 of the Municipal Act. It iS, recommended that a budget be prepared in future years.' It: is recommended that duplicate serially numbered by the printer receipts be issued by the Treasurer for all funds by hila During 1963 the ' sum of . $90.00, ' was received 'by your Treasurer: but not deposited in the . Municlpality's bank account This sum has been shown as cash held by the Treasurer as at December 31, 1963. • If the accounts and records of the Township had been pro- per'? ro- pert : kept, ' the following : would. have been completed before my (A) The cash difference :,of . $90.00 previously referred to would have been discovered and, deposited into the Township's bank: , ' • � . .. •' ' ' ': . . (B) The • bank accounts, both general and tax bank account, would ' have been .in agreement. with . the Bank's records, and the errors both by. the Treasurer and the Bank would have been. found - and adjusted. (C) The tax collector's roll would b have been balanced, and .a correct listing' of ' taxpayers that had not . paid their taxes would have been available. • (D) The 'drain accounts would have been balanced and ,all prior. balances, 1963 charges ; and credits entered . therein: I am not aware of any authority permitting the ' Township. to advance credit to members of the Whitechurch Water System or to turn the ownership . of a . water system `.constructed with.:. Township funds over to a group of individuals 'while' $4,799.20 is still owing to the Township by the members of • the systema Auditor's Opinion , ctions; , I hereby report that N . • Subject to the foregoing quahfi a in : 'my opinion • (1) The financial transactions ' which have come under . my notice have been within. the powers of • the municipality, (2) The audit has :been conducted in accordance with the instructionsof the Department of Municipal ,Affairs.. . (3) Thefinancial statements present fairly the financial position of ' the • ' municipality, as at December 31, 1963, . and the results of its operations for the year ended on that date. Signature, ' ' A. M. Harper Date of filing, July 20, 1964 License number 2544. THE CORPORATION OF THE TOWNSHIP OF 'KINLCSS.. Capi#al and Loan,Fund. BalanceSheet December 31, 1963 ASSETS GGenarl Fixed (as per. Schedule 18) t Due from Schools : (for Debentures) • Public and Continuation Collegiate and 'MA &vomits Receivable (Schedule 17) • l $ 31;m9 52 91,00000 16,43434 m..,. ,.„•..., $167.' . 27,003.99 $226,048.06. • • LIABILITIES. Debenture IABILITIES- Debenture Debt Issued and Unmatured , Drainage (other than General)' Schools • , Public and Continuation • Total. .. Due to Other Municipalities (For Debentures Assumed' '' Schedule 2) Due to Other Funds Revenue Funds. . Investment in Capital . Assets $ $,22,204.79 .• 91,000.00 • $ 91,000.00 THE CORPORATION OF THE TOWNSHIP Revenue fund Balance 'December.” 31,' 1%3 ASSETS Cash on Hand ' :...:.............. ........ • Cash in :Bank • Accounts Receivable ,Sundry Total' Due from Province of Ontario :..'............ Due' from Other ` Municipalities Due from Schools . Due from Other Funds (specify) Capital funds ..$ 4,799.2(1 $ 4,799.20 Taxes Receivable (Schedule '5) ' , $ 30,731.40 ' WEDNESDAY : OBE* 14 114 HOIyIOOd Couple United In' I' arriag FRIENDORF HAI-DENBY The •Chum MeOnsion,. tough was the setting ,when Ba bare Jean Haldenby, r Mr. and Mrs. Ie. byrn E. $aloe by, R.R. i .Hobiro.. d and' F .. eriek and ,, son Mr. and Mrs. Edward. Friendol R.R. , 2 Holyrood, . were. united marriage .on September 12th: three o'clock. The church was $113,204.79 c oratedwith. mums and gladia Rev;.. Canon Rs , W. Stump,: ' p $ 76,43454 fin charge,' officiated at t' 4,799,20 dor ' ouble ring ceremony with l 31,609.52. Benson Cox assisting. Miss Ed Boyle was organist and Mr.. D $226,048.05 Haldenby, Lucknow, brother " the bride, sang "The Lord's OF She and the "Weddi ,,ItINLOSS' � p Prayer.herd"" SheetThe bride, given in marria by her father, wore a floor leng gown of chiffonover satin v1 sequins and pearls appliqued the sweetheart neckline . and $ 151.36 .5 the front of the. front of the' geni 6,414:68 $ 6.04 • controlled skirt that fellin swee at ' the. back and fastened w rose buds. Her "shoulder .lent veil • of lace '.was held by a crop of crystals and ' seed pearls..S carried a cascade of .:red row and white pinnacho mums ' . w rose buds on white satin strea 81023 • F 810.23 '$ ' 810.23 23,619.79 . 4,773:01 102.54 Less ' Allowance for uncollectible taxes (Schedule 8) .Total ' Assets Temporary Loans. (Schedule 6) • Accounts Payable ;, • Debentures and Coupons Due • "Principal. • Interest 643:42. �. $`30,087,98 • ' LIABILITIES Due to' Schools Due to 'Other Funds (specify). • • Drains. Other' Liabilities Deferred Revenue Surplus . (Form 'C) (Schedule, '.8) ., •917.47 4,033.12 ' . '$ 4,950.59 218.69 $.70;758.79 $:43;000.00 8,762.92 $ 1,222-66 Total Liabilities and Surplus THE , CORPORATION' OF THE :TOWNSHIP 1,222:66 1,682.78 $ 1,682.78. $ .10,921.15 $.; 76,758.79 OF ' KINLOSS Revenue Fund Surplus Account. December 31., 1163 .. . Debit . Credit Balance Balance at beginning of 'year $ $ 3,096.5$. $ 6,811.54 Deficit' included .in. Current Budget Balance after " above adjustments Surplus for the year (Form. D) Totals of ' Debit dz. Credit columns: $ Balance of Surplus at year end (Form' B) .... • $ .8,908:12. $ .8,908.12' 2;413413, $'10,92t15 $' 10,921. THE CORPORATION OF THE ' TOWNSHIP OF KINLOSS.. Statement of Revenue andExpenditure d For ' the year ended December 31, 1963 REVENUE Actual Budge Total Revenue .from Taxation (Schedule 3) Contributions,. Grants and Su Governments Cana a • Ontar o Children's Protection Direct Relief " . Highway Irnprovement Payments in lieu of municipal taxes 'Unconditional Per' Capita Grants Other (specify) Warble Fly Other Municipalities County of Bruce, Township of Huron' Government Enterprises: Canada ,Hydro Electric : Power Commission ' licenses and Permits 'include dog tax y. Interest; Tax Penalties, etc. $ . $110,433.43 bsidies , 483:85 2,761.17 . 43,375.81 37.75 3.753.00 '.259.n s 50,671.48 (Continued on, Page Nine) ers. Kiss ` Norma Haldenby, denby, R,R. Holyrood, sister of the bride, v maid of honour and Misses Be and Brenda Haldenby of R.R. Holyrood, also sisters of the brig were. ' bridesmaids. They w e identically gowned in ,semi -sty street length' , dresses • of ac peau de gernadine, full skirts iv scalloped ' necklines. Their mat ing headpieces were wedding' ru with :shoulder length . veils j they carried. nosegays ,of pink. a white mums Mlsses Cathy and Beverley Hi ley, nieces of ' the bride, w identically gowned in pink pe de 'gernadine to match the briC maids. 'Their headpieces ' w e bands . of pink and white • : buds and : they carried' little w baskets GI ; pink : and white nacho mums. • , Stan 'Friendorf, !Mama, ' 1 tiles' :of the groom, was 1 man. Mr. Rae Haldenby, R.I Holyrood, brother of the bride. Mr. Michael O'Malley, R.R Teeswater, friend of the , gro were ushers. 1 The wedding dinner was 1 on the lawn of , the bride's hi where the guests were recti by the .bride's and groom's titers. Later m the evening 'a ception was held in the 'Holli Township. Sall, ' For , travelling to'Mon heal New York Oty, the bride cl a' two piece' semi styled teal, l wool suit with matching hat,';b patent . accessories and :a corp of red sweetheartroses and v pinnacho ' inums. The yuong couple will : re in . Lucknow. maty, ': responsibility, ac acy and leadership / are ' 1 makes a newspaper a vital aunty 'force, according to a mittee of the Associated F 1 Managing Editors which under a longterm study . to detect criteria : for a good newsps OUR HAIR cREAToM WILL REAIMP [SS, LLY IN . AFTERNOON AIM Off EYEJY/N6 PRESS G1.ADY5 BEAUTY SALO