HomeMy WebLinkAboutThe Lucknow Sentinel, 1971-06-30, Page 7171
e
The Huron. County Board .0f. Education
I have examined the Revenue Fundand Capital (Building) Fund Balance Sheets of fhe Huron County
Board of F,ducation as; at . December 81,
1970 and the Statements of Revenue Fund Revenue and
Expenditure and Source, and Application of,'Capital. Funds for the year then -ended.. My ,examination
• included a'general. review of the accounting procedures and such .testsof accounting, records and. other
supporting evidence as, I considered necessary in" the circumstances,
In my, opinion. these Financial "Statements present"fairly the 'financialosition .of the :Board, as at
' December 31, 3970 and; the• results ,of:'its operations and the source and a" pI tion, of its=capi.tal4nds-for
the year then ended, in accordance •with accounting'principals generally'acce ted for Ontario School,Boards
applied on .a basis' consistent with that of the preceding 'year except for the ,apportion►ment of head office,,
" y expenses, which, were pro rated en a daily enrolmer;t• basis 'in' 1970,= compared to an apportionment to
direct -cost basis in 1969: •
•
' . A. M. Harper
Gdderich, Ontario.
• ' Date of filing May 7, 1971
Duron Couh#y Board Of ..E......ation
REVENUE FUND $ALANCE SHEET
ASSETS
',AS ATDECEMBE;R 31,
• Cash.... • , ; • , , , $ 1,970.
Account¢ Receivable • '
Municipalities (including tinder
requisitions;) , ; , ,
'Government. of Ontario,.
Other .'..
•
`Other Assets` : .. , , . , , •
Deficit, Predecesor Boards'as at
January 1, 1969 • '
• Total • •
1970
Bank
•
125„811
683,068
212,287
• 65,882. '
145,261,
1, 23427
ied,
a v.'
vs
•
•I
Dated June :21`, ,1971
••Rob'ert M. Elliott'
• APPROVED
,EL. EMENTARY..
REVENUE FlUND':STATEMEN.T:OF REVENUE AND EXPENDITURE
...FOR `1THE YEAR .'ENDED , DECEMBER • 31,, 1:970
R.OBN,IJ E
Indebtedness, . .. .
Accounts Payable and
Accrued. Liabilities . '.
Municipalities (including
o er'requisitions)• . ,
Other . . . ,
LIABiL'ITIES
78,310
Oti erLiabilitig's_ . , _-.,.. :
Surplus Predecessor Boards as,at .:
.January 1, 1.969 , .. •
Total
•
3,7,.244
• 955,307
41,262 ..
,116,156.
$ 1,234,2.79
• Dated. June••21, 1971 .
' Cochrane.
Local. Taxation . •
Requisition.,and, Supplementary
Taxes, etc
Under or Over Requisition •
to be adjusted in 1971 ; ....
Government of Ontario . .
Government of Canada •
ether School Boards '.: , ,
Other
Total Revenue ..... .. .
REVENUE ` FIND
• $ 1,362,245'
1,624: •
3,774,656
11.;204
16,426
25,406
•
EXPEND r'i` tiRf
Business'Administration and
' Computer Services . , , • .: $•.'..108,941• ,'
I'nstruction's 3.1, 48 962'
r:ducationaJ Services. 131,712
Attendance, Health and '
Food Services
:Plant Operation and
.'Maintenance,
Transportation ,
$ 5,2U'3,561 • Other Operating Expenditure. :•..':
Debt Charges. .. ' . ..
• Non -Operating Expenditure . a ....
Total Expenditure
.1,398
.504, 556
566;130,• •
14,246 `
': 8,431•
• 7'03,403.
15;782
S. 5,203,561
SECONDARY......
STATEMENT OF . REVENUE AND EXP.ENDITU.RE -
FOR THE':YEAR ENDED: DECEMBER 31, 197.0.
EXPENDITURE
Business Administration and
Computer Services $ 60,485
• $. 1,492,745 Instruction .... .. 3,620,968
Educational Services . .. 81,741'
Attendance; :Health and
' Food Services 76,527
Plant Operation and Maintenance.. 4.33,9.92:
REVENUE.
_.Local`Taxation ; �'
Requisition and Supplementary'
Taxes,'.etc. ' : •
Under/[or.Over Requisition to be, •
••: sted. in 1971 40,833'
' Government of, Ontario : 3,196•,273
Government, of Canada, .. 104,,173
537,078
83,232 ,
$ 5;454,329•, .
Other School. Boards : , . .. • % •
Other. : ... , ... ....
Total Revenue .': , . •
•
•
.Total
• Transportation ....
• Tuition Fees' .
` Other :Operating Expenditure
Debt Charges
No.n•.Operating Expenditure .'.:.
Total Expenditure :. .
CAPITAL. (BUILDING)
• FUND BALANCE SHEET
AS AT `DECEMBER 3`i'; 1970
ASSETS
23, 28,495
•
435,742,
;244,587'
11;:486
471,•463
17,338 '•
$' 5;454;329.
Total
'STATEMENT OF .SPORCE. A.Np ...AppticATioN opyrAL.FuNps
Capital Expenditure froin the . .•
•
Fixed Assets . ,
School Sites and
Total
8328,29
Unexpended Funds or (A4fOunts, Not,
Beginning a the Year
FOR THE YEAR ENDED.DECEMBER .31,, 1970 *
$ 24,499
Ointoatifivvio:••••ei 4410•4110$01111
Capital Eitpenditure froth the
•
11 5,490
82,174
Nel, Change in' Citpitol Funds
Unexpended Funds or (Amounts NOt
Permanently Financed)
Belated et gagiorafig 'est the, Yea;
Ilalittice at the ttict ()I° the Year
4
(4,990)'
•