HomeMy WebLinkAboutThe Huron Expositor, 1972-05-25, Page 11FanesIber
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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
•
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