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Home My WebLink AboutThe Huron Expositor, 1975-05-29, Page 20e Huron County Board of Ed cation For the year ended December 31st, 19.74 Auditor's Report TO ,THE HURON' COUNTY BOARD OF EDUCATION: I have examined the Balance Sheet of the Huron County Board of Education as at December 31, 1974, the Revenue Fund - Statement of Operations and the Statement of 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 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 December 31; 1974 and the results of its operations and the soure,e and application Of its capital funds for the year then ended, in accordance with accounting principles generally acepted for Ontario School boards applied on a basis consistent with that of the preceding year. A. M. HARPER Municipal Auditor-195 Goderich, Ontario May 8,1975 BALANCE SHEET As at December 31, 1974 Net Under (Over) Requisition Required ASSETS to be Applied to 1975 Taxation (53,332) Current Assets Revenue Fund Capital Fund TOTAL NOTE: $ 5,990,650 Cash 33,602 Accounts Receivable Municipalities: Under Requisitions 76,722' Other School Boards 44,082 Government of Ontario 661,726 Government of Canada Other 1,862 Due from Other Funds Capital 132,936 Prepaid Expenses 75,321 TOTAL CURRENT ASSETS Fixed Assets Land Buildings Furniture and Equipment Projects in Progress Buses LIABILITIES Current Liabilities Revenue Fund Accounts Payable Municipalities Over-Requisitions 53,332 Other School Boards 161,781 Trades Payable and Accrued Liabilities 611,138 Due to Other Funds Revenue Long Term Liabilities Unmatured Debenture, Debt 6 667,516 Less Sinking Fund Reserve for Working Funds Elementary 103,000 Secondary ... 97„,000 Other $ 1,026,251 FOR SECONDARY SCHOOL PURPOSES for the year ended December 31, 1974 EXPENDITURE Business Administration, Computer Services /e. Instruction Educational ,Sery ices Attendance, health and food services Plant Operation Plant Maintenance Transportation Ttiition Fees Other operating expenditure ,,,,,,,,, Debt charges on capital borrowing Non-Operating expenditure excluding transfers to reserve TOTAL EXPENDITURE 15,584 (1) Other Revenue includes transfers from the capital fund, proceeds from the sale of assets, insurance claims, earnings on temporary investment, reimbursement for services and other miscellaneous items that are in the nature of recovery of expenditure. (2) Government of Ontario - General Legislative Grants is the amount payable by the Province of Ontario under the provisions of Ontario Regulation 200/74 as amended other than specific reimbursements reported as Government of Ontario, tuition 'fees and miscellaneous. (3) Local Taxation includes the total of the 1974 requisitions on municipalities, supplementary taxes, license. fees, for trailers, taxes levied directly by school boards and any other amounts provided by municipalities over and above the requisition, other than amounts in respect of sale of assets to a municipality or revenue from cost-shared programs. REVENUE FUND Statement of Operations FOR ELEMENTARY SCHOOL PURPOSES for the year ended December 31, 1974 Business Administration 92,811 Computer Services 1,606 Instruction 4,446,005 Attendance, health and food services 1,454 Educational Services 114,265 Plant Operation 510,966 Plant Maintenance 130,931 Transportation 595,009 Tuition Fees -18,636 Capital Expenditure (non-allocable) 251,456 Other Operating Expenditure 28,350 Debt Charges on capital borrowing 550,658 Non-operating expenditure excluding transfers to reserves 12,513 TOTAL EXPENDITURE RECOVERY OE EXPENDITURE Other school boards Government of Ontario, tuition fees and miscellaneous Individuals (1)Other Revenue, excluding transfers from reserves TOTAL RECOVERY OF EXPENDITURE NET EXPENDITURE Financing of Net Expenditure: Government of Ontario (2) General Legislative Grants $ 6,754,660 7,670 15,772 280 3,228 26,950 $ 6,727,710 5,110,680 Local Taxation 1973 Over (under) requisition 20,883 (3)Local taxation raised in 1974 1,519,425 Decrease (increase) in reserve Net Under (Over; Requisition Required to be Applied to 1975 Taxation TOTAL $ 1,026,251 $200,000 225 15,809, 359,182 21,587,906 2,485,597 132,936 537,049 $ 1,026,251 $ 25,118,479 Capital Fund 7,500 . 132,936 6,667,516 18,310,527 $ 25,118,479 • REVENUE FUND Statement of Operations 90,973 1,574 4,608,707 61,234 3,490 573,441 45,944 527,243 282,947 32,282 391,347 13,697 $ 6,632,879 1,540,308 76,722 $ 6,727,710 586,512 fees and 28,201 25,272 2,244 $ 642,229 5,990,650 RECOVERY OF EXPENDITURE: Other school boards Government of Ontario, tuition miscellaneous Individuals (I)Other Revenue, excluding transfers from reserves TOTAL RECOVERY OF EXPENDITURE NET EXPENDITURE ti Financing of Net Expenditure: Government of Ontario (2) General Legislative Grants Local Taxation 1973 Over (under; requisition (31,327) (3)Local taxation raised in 1974 1,626,430 Decrease (increase) in reserve TOTAL APPLICATION Fixed assets and work in progress Buildings Furniture and equipment 87,349 TOTAL 4,448.879 ,595,103 387,967 4 75,316 $ 475,316 T Statement of Source and Application of Capital Funds for the year ended December 31, 1974 SOURCE Unexpended funds at beginning of year Capital Expenditure from the revenue fund Federal sales tax refund Balance at the end of year not permanently financed $ 9,415 337,404 3,869 124,628 Former resident likes In Years }gone - This is our Hometown Paper - in our small town we have no. time for propaganda. Truth is the most fascinating word in the „English language - always search for it - daily in your friends, in your work, in your religion, and weekly in your 'newspaper. As. I am 4i b'anker, will you kindly read my thoughts on your assets and deficits in Our Huron Expositor: ASSETS: We are proud of our new Lady Editor - Susan White writes a column that makes one think. 'Tis enjoyable to see all wedding pictures - to read all school board meetings, to be so informed about our very efficient hospital. `Tis great to read all letters to the editor and to admire their courage for writing them. Read the ads and you really get the bargains. 'Tis fun to tease all the excellent card players for winning the booby prizes at the Senior Citizens' card parties. We're happy to learn of the newcomers to our community, and hope they like living here. Years agone is very amusing - may we all live to be 300 years old. The High School news is very informative - just one suggestion - HVRON E1XPOSITOR, MAY 29, 1975 etOWn paper is pt uth, eaforth reader say who gives you support n ow? All the big-wig meetings clinics with respiratory organi zations in the cities give lots of support - but there is no encouragement for a small town mouse to not smoke. Please help me to grow up to be the biggest non-smoking rate in Seaforth. WHY A NEWSPAPER? The weekly newspaper in a small town should be the leader in promoting the most important project necessary at any given time - plate help us get a very much needed Day-Care Centre whieh we were denied by the Government of Ontario. Why couldn't we the citizens' of Seaforth supply our own Day Care Centre? This most important • project in Seaforth seems to be the least regarded in importance. We have the most precious children in the world entrusted to us - surely they should come before new sewers, roads, etc. Please let me win :the Four Hundred Dollars to donate to our First Day Care Centre in "Seaforth. Your most interested reader, Mrs. Alice Stiles, Box 20.7, Seaforth, Flowers Of Hope -carnpatql1 buys= treinsporfOtioh Congratulations ! ! Seaforth on your 100th Birthday. I am very proud to have Seaforth as my home town. Although, I have been away from Seaforth a good many years it is still home to me. There are so many wonderful memories of my parents the late Mr. Mrs. Edward Mole, my two ers, Mrs. Laura Stewart and er husband Ure, who are still living at home, Mrs. Vera McDonald and her husband Alvin and daughter Lynne who live near WaltOn. Also my second mother. Mrs. Bessie Wurm, who is still in Seaforth. • Since my late husband, Mr. George Cassidy, passed away in 1973, I don't get up home as often as I'd like to. So now you have an idea why I enjoy my Huron Expositor so much. It's not really until you move from home you realize how much your weekly' paper means to you. One loses touch with old friends especially the kids you went to school with. By reading your home paper each week "ou find out where your friends and neighbours hav moved to and "what's happening" at home. My favourite part of the Huron Expositor is "In the Years Gone By" section. Once in a while Dad's name is mentioned and friends and neighbours of years ago. I really have enjoyed the Centennial Supplement, it has taken me back many years. I surely more intelligent and creative ideas would be more beneficial to our Centennial celebrations than another beauty contest - please try something different. DEFICITS: The Amen column is too wordy - the best sermon I ever heard wttg Cardinal Ledger before going to Africa: he said in Canada people always ask why but in Africa they ask how. But please Mr. Amen continue - your column has by far the best morale. Also on religion • pictures are not spiritual - instead why not invite a different minister or priest to write a short message we might remember all week to help uplift some of our lower spirits? Sugar and Spice is past it's prime • since T.V. came into existence, we all like change whether were 20 or 90. T.V.listings are also useless as they appear in all other dailies. For editorials, why not write more ideas put forth from ,invited guests. NEW IDEAS : Everyone complains "1 hate you puffing smoke in my face". After having an infection in my throat for four months, I gained the courage •to quite smoking - cold turkey. But South Huron and District Association 'for the Mentally Retarded are completing their annual Flowers of Hope campaign with two thirds of their objective reached. Anyone still wishing seeds, or who cares to donate may still do so by contacting Mrs. Erlin Whitmore! Seaforth. Flowers of Hope Chairman. The funds this, year are being used to provide transportation to !younger reside is of Huronview driver and six residents from ;who could b /milt from the Huronview are being transported training pro r mme at ARC daily to Dashwood. industries, D wood. Since the it is hoped by September to Middle of May the association have a twenty-two passenger bus has rented a van and hired a with a chair lift that wheelchair residents from Horonviev may' also attend ARC Industries. Other trainees from the Clinton, Seaforth and Brucefield area will also benefit from this service worked in John Beattie's store arid so did my sister Vera. 1 remember ,the old Van Egmond Home and I am anxious to see it now as a museum. I enjoyed also the write-up about the Old Pottery Building that used to be on the Bayfield River. The new Public School and, of course, the new hospital shows how much Seaforth has grown My sister Laura had a kindergarten picture of mine enlarged, I am very proud of it after all the picture is 50 Oars old. It took me quite a while to figure out who everyone was, but 1 did. I am still working on the school pictures in the Centennial Supplement. It was good to see old friends again. It was good too to see Dad's picture in too. Also the late David Wilson, John Daly 74 TORONTO STREET MITCHELL Phone • 348-9412 [Long Distance Call Collect] - Home - Life - Auto - Commercial - - Farm Liability - - Accident '& Sickness - PETER DECOO INSURANCE , CO-OPERATORS 1NSURANCE ASSOCIATION 44,F.044.44~............~~~~~mov•••••••• and many more. One thing about the Huron Expositor, it keeps the readers who are living away from home informed on the growth of Seaforth and surrounding communites. A very special memory I have of Seaforth is about two of my best pals the late Chief of Police, Mr. Gillespie, and the late Jack Cummings, who was at that time the town policeman. We used to send Sympathy 'cards to each other at election time. Jack was a Grit and of course I was a Tory. I do know that the Huron Expositor helps me to pass many a lonely hour. I really love' my home paper; every bit of it and the Huron Expositor takes me home at lease once a week. Mrs. G.L.Cassidy (Donna) 85 North Town Line Ingersoll, Ontario. "". SEAFORTH PHONE 527-1746 cutting and pick up-less maneuvering saves time, effort and fuel. NO mess on drives, walks and patios! Also available: Conventional side discharge mowing deck and trail-behind gang reels to cut a giant 93" swath. GILSON TRACTOR WITH REAR DISCHARGE MOWER! Trims close on both sides ... See'it! Watch this Gilson Tractor with 42" rear discharge mower trim closely on both sides, there's no protruding chute to get in the way. Great for cutting along fences, shrubs, through narrow gates. Clippings fall in a neat row behind the mower for one pass Sharpe's Maintenance Service