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PHONE EXETER 235-0620
The Huron County Board of Education
Far the year ended December 31st
Auditor's Repori
TO THE HURON COUNTY
BOARD OF EDUCATION:
I have examined the Balance Sheet of the Huron County Board of Education as at pecember 31, 1972, and the Statements 9f 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 tests of Account-
ing 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 December 31, 1972 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.
A. M. HARPER,
Municipal Auditor-4440, Goderich, Ontario,
May 30, 1973.
1972
BALANCE SHEET
as at December 31, 1972
ASSETS
Revenue
Current Assets Fund
Cash ,„, $104,39
Accounta Seceivabk • ••
Municipalities
Government of Ontario
Other .
Due from Capital funds
Other current assets
Total Current Assets 659,227 250,000
Fixed Assets 24,312,291
Deficit as at January 1, 1969 reduced by
Ontario Government Assistance
in respect thereof 91,020
Total Assets $750,247 $24,562,291
LIABILITIES
NOTES:
(1) Other° revenue includes transfers from the capital fund, proceeds
from the sale of a's'sets, insurance claims, earnings on temporary
investments, reimbursements for services and other miscellaneous
items that are in the nature of recovery of expenditure.
(2) Local taxation includes the total of the 1972 requisition on muni-
cipalities, supplementary taxes, license fees for trailers, taxes
evied di ectly sebool baarels and ar)y etber amounts
uni paitfes over and aboye t1K requisition. •
REVENUE FUND
Statement of Revenue and Expenditure
For Elementary Purposes
For -the year ended December 31, 1972
EXPENDITURE
41
3,535
299,860
66,463
141,973
43,005
Current Liabilities
Accounts payable
Municipalities-over-requisitions
Other
Due to revenue fund
Total. Current Liabilities 550,247
Unmatured debenture debt
Reserve for working funds 200,000
Investment in, fixed assets
Tel Liabilities.. $ 750,247 $24,562,291
Approved on behalf of the Board,
E. C. HILL, Chairman.
D. J, COCHRANE, Chief Executive Officer.
REVENUE FUND
Statement of Revenue and Expenditure
For Secondary Purposes
I For the year ended December 31, 1972
EXPENDITURE
Business Administration
Computer Services ,
Instruction
Educational Services
Attendance, Health and Food Services
Plant Operation .
Plaint Maintenance
Transportation
Tuition Fees
Capital Expenditures (Non-Allocable)
Other Operating Expenditure
Debt Charges on Capital Borrowing
Non-OperatineEkpenditure, excluding Transfers
to Reserves
Total Expenditure
RECOVERIES OF EXPENDITURE
Other School Boards
Government of Ontario, Tuition Fees and Mis-
cellaneous
Government of Canada
Individuals"
Other Revenue, excluding Transfers
from Reserves
Net Expenditure
Net Expenditure financed by:
Government of Ontario
General Legislative Grants
Local Taxation:
1971 Over (Under) Requisition
Local Taxation raised in 1972
Decrease (Increase) in Reserves
Net Under (Over) Requisition required to be
applied to 1973 Taxation
$ 42,463 $
507,784
141,973
141,973
7,710,317
16,710,001
(23,696)
37,981
1,511,312 -
(103,0001 1,446,293 5,599,907
Business Administration
Comptiter Services
Instruction
Educational Services
Attendance, Health and
Plant Operation
Plant Maintenances
Transportation
Tuition Fees
Capital Expenditures (Non-Allocable)
Other Operating Expenditure
Debt Charges on Capital Borrowing
Non-Operating Expenditure, excluding Transfers' '
to Reserves
Total Expenditure
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
Net Expenditure financed by:
Government of Ontario,
General Legistlative Grants
-Local Taxation:
1971 Over (Under) Requisition
Locel Taxation raised in 1972
Decrease (Increase) in Reserves
Net Under (Over) Requisition Required to he
Applied to 1973 Taxation
APPLICATION
Fixed Assets and Work in Progress:
Buildings
Furniture andEquipment
Other Payments on Projects:
Administrative Costs
School Sites-Administrative Offices Site
Buses
Unexpended Funds at end of year
Total
$ 82,658
1,364
4,004,322
68,488
8,513
492,207
18,354
401,590
276,200
11,273
38,829
379,975
32,806
$5,816,579
$ a2,728
10,818
14,847
18,042
7,663 694,098 Total
18,767
Food Services
Capital
Flu ut
250,000
$ 87,771
1,448
3,665,432
78,592
3.522
418,194
49,096
508,801 ,
18,323
103,247
33,272
616,168
.20,880
$5,604,746
13,766
4,014
8,168
200
2,387 • 28,535
5,576,211
4,153,614
$5,122,481
3,820,042
163.378
1,254,828
(97,0001 1,321.206 5,141,248
Statement of Source and Application
of Capital Funds
For the 'year ended December 31, 1972
SOURCE.
Unexpended Funds at Beginning of Year
• Long-Term-Liabilities, at Par:
Sold to Province of Ontario Education Aid
C Jrporation
Capital Expenditures from the Revenue Fund
Federal Sales Tax Refund
250,000
5 13,226
250,000
242,012
8,646
. 513,884
$ 240,066
69,071
5,059
38,190
53,471
405,857
108,027.
$513k884
V.Wa 101.7 " •
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• • THIS WEEK
from .Ottawa chprter0 Atecouorir'th
476 Main St!, EXETER
" 4
R. W. REID, C.d. 4 '
•
TV COMMERCIALS
CBC President Laurent Pi-
card announced that the Corp-
oration , will remove all com-
mercials from programs aimed
Primarily at children,
The move 114-s been highly
Praised by the public, schdol
associations - P‘cern,mercials
should have been removed from
childrenPs television shows
&Wu", "a break-through for
children".
EXPORTS UP
Exports of Canadian goods
rose to $7.4 billion during the
first quarter of the,. year., as
compared with $5.8 billion for
the same period a year ago.
An increase of almost 25%0 in
sales to the United States accoun-
ted for much of the boost.
FINAL OFFER TO IMMIGRANTS
ManpoWer and Immigration
Minister Robert Andras intro=
duced a bill in the House of
Commons offering illegal immi-
grants a final -oPtiktiinity--.:to
apply for landed immigrant status
without penalty. Those who do not
come forward will be deported
without any right of apPeal.
The bill will also expand the
lamigration Appeal Board and
will help eliminate existing and
possible backlogs of, cases.
HOUSING LEGISLATION
PASSED • •
• Amendments to the National
Housing Act passed in the House
•
of Commonayill make good hous-
ing more accessible to more
Canadians.
The legislation will provide
low-cost loans for house repairs
for individuals in certain areas;
will make federal funds avail-
able to municipalities and pro,.
vinces at low interest rates for
land 'acquisition and assembly;
and will increase mortgages
available under the Act to a
maximum of $30,000 from
for the purchase of a new house-
and to $27,900 from $24,000 for
%
Remetnber! It takes but a
moment to place an Expositor
Want Ad and be money in pocket.
Ton- advertise, just. pis1 Seaforth
527-0240.
resale houses.
FOOD PRICES BOARD MEETS
The newly-appointed Food
Prices Review Roan{ met tor
the first time June 18, It will
hold public hearings, investi-
gate price increases of parti-
cular products, and make re- ,
commendations to the govern-
ment.
The Review Board will accept
written complaints about rising
food prices from individual con-
sumers and will use them in
determining what areas to
investigate. Individuals wishing
to. contact- the Board should
write the Chairman, Mrs. Beryl
Plumptre, Box 1540, Station B,
Ottawa, KIP, 5Z 5....
Rick Dale, student at St. James' Seaforth, is the cat about to attack Mike Vander Veldon and
Tony Van Miltenburg. Ted Jantnaat and Tony Van Miltenburg (foreground) sleep on unaware of
the danger. The. students are acting in the play "catching the Ghost" in a video tape production•
put on by the students for the other students.
News of Walton
Women's Institute holds meeting
Correspondent
Mrs. Allan McCall
The Walton Women's Institute
met in the Community Hall on
Wednesday evening June 20th with
guests from Blyth, Brussels and
Seaforth also 4-H Club girls
and their leaders.
The President, Mrs. Allan
McCall called the meeting
to order with Mrs. Bill
Humphries as pianist. Mrs. Mc
Call welcomed the guests. A
step-dance number was , con-
tributed by Jeanne, McDonald and
Kathy McGavin and the 4-H girls
put on their fashion show of the
clothes they had made In the
last project, "Sportswear with
Knits". The leaders for Walton
were Mrs. Gerald Watson and
Joan Bennett; Walton 2 - Mrs.
Don McDonald and Mrs. Mac
Sholdice; Walton 3 - Mrs. Harold
McCallum and Mrs. Barry Hoegy;
Walton 4 - Mrs. Bill Leeming
and Mrs. Neil McNichol.
Mrs. • Kep McDonald the
secretary-treasurer read min-
°. liutes-->followed by the Roll Call,
"Name a simple invention you
would dislike doing without."
Thanks was given to the
committee that had planned the
bus trip to Stratford.
The July meeting will be in
charge of the convenors, Mrs.
Mac Sholdice and Mrs. Graeme
Craig on Citizenship and World
Affairs. Roll C all to be answered
by "One way I may set an example
as a good Canadian citizen."
This will be an open meeting
With a speaker onSocialServices.
The meeting was turned over
to the Family and Consunier
Affairs convenors. Mrs. George
McCall introduced Mrs. Victor
Emmerson of Whitechurch who
brought information on family and
consumer items, followed by
question and answer period on the
fit of shoes, both adult and chil-
dren. She spoke on securities
and investments, how to lose your
friends and your money too, the
help for the hard of hearing, toys
`4, suitable for all ages, and the
different textiles and their uses.
Mrs. Ron Behett thanked the
speaker for her most informative
talk and the amusing °manner in
which she delivered it, and pre-
sented her with a gift.
Mrs. Walker came with Mrs.
Emynerson and she discussed the
workshop in Lucknow. This was -
her first time in Huron County.
Mrs, Jan Van Vliet, Jr. led
in a sing song assisted by Mrs.
Neil McGavin at the piano, fol-
lowed by contests.
Hostesses, Mrs. Norman
Schade, Mrs. W.J. Leeming, Mrs.
Neil McGavin, Mrs. Mervyn
Smith, Mrs. Bill Humphries,
Mrs. Stewart Humphries, Mrs.
Herb Traviss and Mrs. Mac Shol-
dice served lunch.
Mr. and Mrs. Allan McCall
spent Sunday with Mr. and Mrs.
Harold Brown and Jim of Burling-
ton. Mr. and Mrs. Warren Brown
of Toronto also visited at the
same home.
Kim Humphries is holidaying
in London with Mr. and Mrs.
Robert Humphries., and family.
Brian McGavin had the
misfortune to fall from a tree
and break his arm.
Gordon Kerr of Newmarket
visited at the home of Mr. and
Mrs. Nelson Reid, attending their
40th wedding anniversary.
Wm. Blake is a patient in
Clinton Public Hospital. We wish
him a speedy recovery.
35th anniversary
Mr. and Mrs. Ross Driscoll
of R.R. 4, Walton, who cele-
brated their 35th wedding anni-
versary on June 25, were enter-
tained by family, neighbours and
friends, at Family Paradise on
St. James
students
make film
During the past few weeks
students in Grades 5 and 6 of
St. James School, Seaforth, have
bee'n busy preparing a program
to be filmed by video-tape. Three
Grade eight boys worked the
camera and recorder of the
porta-pack which is part of the
Huron-Perth Board's_ audio-
visual equipment.
Grade 5 prepared a play
"Catching the Ghost", Grade 6
students presented their own
commercials, three of which
were "Keep Canada Beautiful",
"Big Turk", and "Jet's Instant
C offee".4
Thanking their teachers, Mrs.
F. V anSteelandt and IVIr. T,Craig
for helping to make it a success)
Cathy Mcdifejilthie `Van bo6a en,
Martha DeCorte and Joanne Van
Doornik, who prepared a report
of the proceedings, said it was'
fun while it lasted becausethey
enjoyed doing it very much.
"We hope to see the finished
product on closed circuit tele-
vision soon", they added.
Pictured in the "KeepCanada
Beautiful" commercial are left
to right: Diane Van Dooren, Jo-
anne Van Doornik, Cathy McCue,
Martha DeCorte, Janine Melan-
son.
Monday night. The Driscolls
were, married at Winthrop Manse
by the Rev. Craw on June 25,
1938 and have farmed near Walton
since their marriage.
• Mrs. Driscoll is the former.
Dorothy Mary Somerville, a
daughter of the late Mr. and Mrs.
William Somerville, Walton. Mr.
Driscoll is a son of the late
Mr. and Mrs. John Driscoll,
Walton.
Mr. and Mrs. Gilbert Smith,
Walton, ,sister and brother-in-
law of Mrs. Driscoll, who atten-
ded the bridal couple thirty-five
years ago were guests at the
anniversary party.
4 .• 1
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