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HomeMy WebLinkAboutThe Huron Expositor, 1972-05-25, Page 11FanesIber nr.F* 104 . pamopAvssEWs871:6403. Other Days, Mo 347-224I. Auto Insurauee Beforyou buy -SPECIAL .FIVE YEAR SELECT RA,Tg%;,, We can budget your premium for iirqglitIF INVESTMENT CERTIFICATES AVAILABLE ,THE HURON OM TO 44. .:25i.lf*Al. Ph. 527-0240: Expositor Action Ads THE EASY VVAY TO BOY BETTER CONCRETE STEPS . FrankKling 8,001,287 15,927,018 The Huron County Board of Education , • For the year ended December 3 1st, 1971 • TO THE HURON COUNTY BOARD OF EDUCATION. I have examined the Balance Sheet of the Huron County Board of Education as at December 31, 1971 and the Revenue Fund State- ment of Revenue and Expenditure and the Statement of Source and Application of Capital Funds for the year then ended. My exam- ination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as I considered necessary in the circumstances. In my opinion these Financial Statements present fairly the financial position of the Board as at Decerriber 31. 1971 and the results of its operations and the source and application of its capital funds for the year then ended, in accordance with accounting prin- ciples generally accepted for Ontario School Boards applied on a basis consistent with that of the preceding year. Municipal Auditor. A. M. HARPER, Goderich, Ontario, May 3, 1972. Balance Sheet ASSETS Revenue Fund Current Assets Cash AccOunts Receivable Municipalities (including under-requisitions Government of Ontario Other Due from Other Funds Other. Current Assets Total Current Assets Fixed Assets Other Non Current Assets. Deficit as at January 1, 1969 reduced by Ont. Government Assistance in'resPect thereof $ 1,727,258 $23,928,305 LIABILITIES Revenue and Expenditure For Secondary Purposes EXPENDITURE Business Administration Computer Services Instruction Educational Services. Attendance, Health-- and Food Services Plant Operation Plant Maintenance TranAportatiop Tuition Fees Capital Expenditures (non-alloca.ble) Other Operating Expenditure Debt Charges on Capital Borrowing Non-operating Expenditure, Exclwling Trans- fers to ,Reserves If Capital Fund 1,865 $ 24,765 1,304,172 98,110 ' 64,675 13,225 , 1,493,587, 13,226 52,530 ' 23,915,079 • 181,141 $ 89,105 1,343 3,280,750 97,192 3,703 414,748 62,768 419,128 17,383 245,000' 34,665 633,694 13,373 Current Liabilities Bank Indebtedness $ Accounts Payable and Accrued Liabilities Municipalities (including over- requisitions ) Other Due to Other Funds Other 'Current Liabilities Total Current Liabilities Unmatured Debenture Debt Other Investment fn Fixed Assets, $ 1,727,258 $23,928,305 Approved on Behalf of the Board ROBERT M. ELLIOTT, Chairman. D. J.. COCHRANE, Chief -Executive Officer. TOTAL EXPENDITURE $ 5,312,852 RECOVERIES OF EXPENDITURE Other School Boards Government of Ontario, Tuition Fees and Miscellaneous Government of Canada Individuals Other Revenue, Excluding Transfers from Reserves NET EXPENDITURE FINANCED BY: Government of Ontario General Legislative Grants Local Taxation Raised in 1971 on Account of 1971 746,848 209,758 " 748,997 13,225 5,613 1,724,441 2,817 .13,728 2,919 11,512 49 40,139 - • 68,347 • 3,886,210 1,393,305 5,244,505 • Reirenue and Expenditure For Elementary Purposes NET UNDER (OVER) REQUISITION ACCOUNT OF 1971 REQUIRED TO APPLIED To 1972 TAXATION ON BE 1,393,305 5,279,523 (35,918) EXPENDITURE Business Administration Computer- Services Instruction Educational Services Attendance, Health and Food Plant Operation Plant Maintenance Transportation Tuition Tuition Fees Other' Operating Expenditure Debt Charges on Capital Borrowing Non-operating Expenditure, Excluding Trans- fers to Reserves 7,837 TOTAL EXPENDITURE RECOVERIES OF EXPENDITURE • Other School Boards 572,373 Government of Ontario, Tuition Fees and Miscellaneous • 4,796 Government of Canada 38,278 Individuals 12,300 Other Revenue, Excluding Transfers from Reserves 40,831 NOTES: • 1. A Reconciliation of Local Taxes Raised in 1971 to Local Taxation Raised in 1971• on Account of 1971 Follows: Local Taxation Raised in 1971 $1,223,443 Less: 1970 • Under (Over) Requisition as per Audited Financial Statement 13,698 Subsequent Adjustments Related to 1970 or Prior, as set out Below* 4,709 (18,407) 1968 Surplus from Predecessor Boards Applied in 1971 188,269 169,882 LOCAL TAXATION RAISED IN 1971. ON ACCOUNT OF 1971 , $ 5,585,273 ' Included in local taxation raised in 1971 on account of 1971 are supplementary taxes, license fees for trailers, and payments in lieu of taxes. 668,578 Services $. 82,244 1,240 " 3,716,974 88,827 51,813 499,236 30,090 ' 388,652 215,336 61,267 441,757 $1,393,305' NET EXPENDITURE FINANCED BY: Government of Ontario General Legislative Grants .3,506,135 Local Taxation Raised in 1971 on Account of 1971 1,571,426 NET UNDER (OVER) REQUISITION' ON , ACCOUNT OF 1971 REQUIRED TO BE APPLIED TO 1972 TAXATION 'NOTES:. 1. A Reconciliation of Local Taxes Raised in 1971 to Local Taxation Raised' in 1971 'on Account of 1971 Follows: Local Taxation Raised in 1971 Less: - 1970 Under (Over) Requisition as per Audited'. Financial Statements 5711 Subsequent Adjustments Related to . . • 1970 or Prior, as set out Below. (35,329) 29,618 1968 Surplus from PredeceSsor Boards Applied in 1971 LOCAL. TAXATION RAISED IN 1971 ON ACCOUNT OF 1971. Included in local taxation raised in 1971 on account of 1971 are supplementary, taxes, license fees for trailers, and payments in lieu of taxes. • capital Funds SOURCE Capital Expenditure from the Revenue Fund $ 386,584 .$ 388,584 APPLICATION • Buildings Fixed Assets Other Furniture and Equipment $ 245,000 44,710 96,874 386,584 Net Change in Capital Funds Unexpended Funds . or (Amounts Not Permanently Financed) Balance at Beginning of the Year 13,226 Nil Balance at the End of the Year • $ 13,226 4,916,695 5,077,561 (160,866) 1;492;624 49,184 78,802 $1,571,426 • SATURDAY, May 27, 1272. a 9;30 a.m. Live & Laugh 10:30 Undfirdo6 *1;00 Spiderman 11:30 The Pink Panther 12:00 Noon Here Comes The Brides 1:00 Andy of Mayberry 1;30 The outdoor Sportsman 2:00 Major League Baseball 4;40 Roundup 5:00 Bugs Bunny 6:00 Adam 12 6;30 FYI 7:60 All In The Family 7:30 p.m. The Smith Family 8.:00 The Six Wives of Henry VIII 9:30 Bless This House • 10:00 The performers ▪ 10:30 Country Time 11:00 National News 11:15 Provincial Affairs 11:20 -PM - Weather, News, Sports 11;40 "Pajama Party"Tommy Kirk and Annette Fun- - leen°. and "The Electronic Monster"-Rod Cam- eron and Mary Murphy. SUNDAY, May, 28, 19'72 1:00 Roy Jewell Farm Show 1:30 Country Canada 2:00 Distinguished Canadians 2;30 Kaleidosport 4:00. Only One Earth 5;00 Audubon wildlife Thea- tre 5:30 Disney 6:30 Act Fast 7:00 p.m. The Rovers 7:30 Jimmy Stewart Show 8:011 Flip Wilson Show 9:00 Sunday at Nine 10:00 CBC Weekend 11:00 National News 11:15 Nation's Business 11;20 PM - Weather, News, Sports 11:40 Heritage Highways 11:45 Under Attack MONDAY, May 29, 1972 Mevie Fashions in Sewing DickBerryman Take 30 Edge of Night ' Family Court Drop-In Bewitched Truth or Consequences Best of Berton FYI Gunsmoke • Partridge Family Cannon Front Page Challenge Man at The Centre Man Alive The National News pm - weather,News, A Sports. "Isle Of Fury" Humph- rey Bogart and Mar- . garet Lindsay. e TUESDAY, MAY 30, 1972 12;40 Movie 2:20 Fashions in Sewing 2:30 Galloping Gourmet 3:00 Take 30 3:30 Edge of Night 4:00 Family Court 4:30 prop-In 5;00 13eviltched 5:30 The Wild Kingdom 6;00 Best of Berton 6:30 FYI 7:00 The New .Dick Van Show 7:30 David Frost Revue 8:00 Mary Tyler Moore Show 8:30 Carol Burnett Show 9:30 Telescope 10;00 Tuesday Night 11;00 The National News 11:20 PM - Weather, News Sports 11:40 Movie - "90 Degrees in the Shade- Anne Hey- wood, James Booth WEDNESDAY, MAY 31, 1972 12:40 Movie 2;20 Fashions in Sewing 2:30 Dick Berryman 3:00 Take 30 3:30 Edge of Night 4:00 Family Court 4130 One Northern Summer 5:00 Bewitched 5:30 Truth Or Consequences 6:00 Best of Berton • 6;30 FYI 7;00 My Three Sons 7:30 Bewitched 8:00 Expo Baseball 10:30 Sports Week 11:00 The National News 11:20 PM - Weather, News, Sports 11;40 Movie - "Little Men" Jack Oakie and Kay Fran- cis • THURSDAY, JUNE 1, 1972 12:40 Movie 2:20 Fashions in Sewing .2:30 Galloping Gourmet 3:00 Take 36 3;30 Edge of Night 4;00 Family Court 4:30 Drop-In 5:00 Bew itched 5:30 Reach For The Top 6;00 Best of Berton 6:30 FYI 7:00 Midweek Magazine 7:30 The Odd Couple 8:00 O'Hara: US, Treasury Agent 9:00 Movie - "The Sergeant" Rod Steiger and John Phillip Law . 11:00 The National News 11:20 PM - Weather, News, Sports 11:40 Movie - "13 WeatStreet" Alan Ladd andRociSteiger FRIDAY, JUNE 2, 1972 12:40 Movie 2;20 Fashions in Sewing 2;30 Dick Berryman 3:00 Take 30 3;30 Edge of Night 4:00 Family Court 4;30 Drop-In 5;00 Bewitched 5:30 Truth Or Consequences 6:00 Best of Berton 8:30 FYI - News, Weather, Sports 7:00 The Brady Bunch 7:30 Arnie 8:00 Laugh-In 9:00 Tommy Hunter Show 10;00 Hawaii Five-0 11:00 The National News 11:20 PM - Weather, News, Sports 11:40 Movie - "The Dance of Death" Michele Mercier and Felix Marten W.M..S. The First Presbyterian Church W.M.S. May meeting opened with a poem by presi- dent Mrs. Jack Thompson, fol- lowed by prayer. Twenty mem- bers answered the roll call by reading selected items. The programme was in charge of Mrs. W, W a dell. Mrs.Munn and Miss Belle Campbell read stories on the work of Christian Medical Workers in other count- ries and Mrs. Jack Thompson read the scripture. Mrs. Wa - dell, as a delegate to the syno- dical in Hamilton reported. Gov- ern ourselves accordingly and think about others and don't give up when we get discouraged, she told the meeting. USE EXPOSITOR WANT - ADS Plione 527-0240 No waiting. for concrete to cure. Over 100 Sites in stock. An ExSter area Oheeplawi, Gerald Dearing, has been earned as a member of an interim Can- ada Sheep Markellng Council. The Council was formed at a meeting of representatives of lamb, wool and sheep associa- tions from across Canada at s7" meeting in Ottawa. The meeting was called by Agriculture Minister H.A. (Bud) Olson to discuss with producers problems facing the sheep Ind- ustry. The sheepmen decided an im- portant first step was the form- ation of a marketing council to provide industry coordination of marketing efforts and rec- ommend changes 'to improve re- turns to sheep producers. "We are pleased with the opportunities this council will open up for sheeprnen," said Lalovee Jensen, the council's interim chairman. "The council is not a mark- eting board, but it will 'pre us the opportunity to help ourselves through positive and coordinated action,' 4'One of our first tasks will be the selection of a permanent council, but in the interim we must consider assisting existing Provincial marketing groups, improvements to the grading sys- tem, and a promotion campaign. Following , their, founding meeting, the interim council members met with Agriculture Minister H. A. (Bud) Olson to discuss their plans. "We welcome the initiative shown by the sheep industry in establishing this council," Mr. Olson said. The federal government is' willing to provide assistance to the council up to $250,000 in the first year. 1,We are prepared to provide assistance beyond • .the first year." Mr.OisonnPireriat e council on their p for imprOving the industry and of- imeLetd rgehtteilpng ofonthweithlleptrest tasks. Members of the interim coun- cil are representatives of the industry across Canada. The council's interim executive is: George Phillips, Muirkirk, Ont.; W. Wilson, Saskatoon, Sask.; James H. Hewitt, Sherbrooke, N.S.: Bernard Benoit, Sutton, Que.; L. R. Jensen, Magrath, Alta. Smiles . . The woman called to the stand was attractive but no longer Young. The judge gallantly instructed: "Let the witness 'state her age. , after which she may be sworn." CFPL TV List Named to sheep marketing council 12;40 2:20 2:30 3:00 3:30 4:00 4:30 5:00 5;30 6;00 6:30 7;00 8:00 8;30 9:30 10:00 10:30 11:00 11:20 11:40 Dyke • CLINTON - 482-9514 SEAFQRTH - 527-0910 HENSALL - 262-2713 Enhance the beauty and value of your • home with precast steel - reinforced concrete Unit Steps. Ltd. r, Our installation crews work. I trickly and cleanly, Phone 527.1320 - - Now in stock in .2 sizes 6 x 5 - $ 64.88 8 x 7 - $ 109.88 Other sizes available. , Drop in and look at the quality in our display model. Seaforth