HomeMy WebLinkAboutThe Huron Expositor, 1975-10-30, Page 5.H.E..kly.n.im.EsPOSTOk,00ivio40:341-1970
Tw Car10#01. trop CrOguirtY.
attended agathering at CAI/en
Church, Exeter' 39 hear.Lillian
Dickson speak of her work In
Tiawan as Presbyterian
missionary and head of The
Mustard Seed Inc.
Alec Scott spent the weekend
with a friend in Thunder Bay.
On Friday night, Mrs. J.
Jefferson and Mr. and Mrs.
Robert Laing and family were
present at a gathering at the
home of Mr. and MO. Donald
Riehl, Seebach's Hill, in honour
of the twentieth wedding
anniversary, of Mr. and' Mrs:
,Gordon Laing.
m Wallace 'led g..41400$014
onon 'A fWory of EOlbrOlotr
and we filled in the outline .sheet
provided.
Congratulations to Mr. and,
Mrs. Eldon Men on the W444
their first grandchild, Cafeil,
Douglas Gammon. The prottd'
parents are Mr.. and Mrs. Barry
Gammon of Toronto. r
Tuesday visitors with Mrs, •
John Jefferson were Mr„ and
Mrs., George Reeves, Stratford,
'Mrs. Ina Frederickson and Mrs.
Gladys cartenson, North Daipta.
Mr. and Mrs. Robert 'Laing
and boys visited recently with
Mrs. Bruce Cleland, Listowel.
4,0 pledge 'followed by the.roil .
'What, have you decided to
make, for yottr free choice
article?" ,Yeana Elliott gave the
secretary's report.
Mrs. John Wallace and Mrs,
Douglas then demonstrated the
Satin Stitch, Sheaf Fillingfititch
and the French Knot„
"An idea for your club
Achievement Day Presentation",
was the roll call for the sixth
meeting of Staffa #2's "Setrand
Sews".
Bonnie Norris; opened 'the
meeting with the pledge after
Which Jeana' Elliott gave the
secretary's repOrt.
(*ToOliOn4pot
Mo. R. Laing , •
Mrs. Ivan Norris opened' the
October meeting of the Marian
Ritchie Evening 'Auxiliary with a
call to worship, meditation and
prayer. "God of . Earth and
, Planets" was sung. The roll call
' was answby a verse on
Praise. Mrs. ohn Miller read the
scripture rom Psalm 100,
followed by the' meditation on
, singing. The offering was
received and dedicated by. Mrs.
Norris. "Give Thanks, My Soul,
for Harvest" , was suinr Mrs.
Robert Laing was in charge of die
study book chapter on minority. •
Kmeans Japan,etWewoups
.groups. psloliesividl Oudfiligh0
osuch as i the Ukranians. and
Chinese In Canadian cities,
Indian 'Canadians and the Hill
tribes of Tiawan. The topic, Faith
Makes eople Strong, was taken'
by Mr John Miller, and lylr,S
Carter Kerslake led a ' contest of
Biblical names. The meeting
closed with "Almighty Father' of
all Things" and the .11ord's
Prayer.
Meeting 5 of the Staffa "Sew &
Sews" wa held Monday evening
at the home of Mrs. Charles
Douglas.
The meeting, opened with , the
Toinm of SegforthAuditor's Report
In. our opinion these financialstatements present fairly the financial position
, of the Municipal Corporation of the Town of Seaforth as at December 31, 1974
and the results of its operations for the year then ended, in accordance with
accounting principles generally accepted for' Ontario municipalities applied on a •
basis consistent with that of the preceding year.
Clarkson, Gordon &
Lo on,, anada
Chart red countants.
Licence No. 059
, The Mayor, Menibers,•of Council and Ratepayers,
Municipal Cortibration of the Town of Seaforth.
We have examined the combined balance sheet of the Municipal Corporation
of the Town of Seaforth as at December 31, 1974 and the related statements of
revenue and expenditure and capital fund operations for the year then ended.
Our examination included a general review of the accounting proCedures and
such tests of accounting records and other supporting evidence as we considered
necessary in the circumstances.
FIVE GENERATIONS - .Great Great Grandmother Mrs. Lena Bennewies of
Kilbarchan Nursing Home had another five generation picture taken when' relatives
visited her recently. Front left is her daughter Mrs. Hilda French,. Brodjiam
holding the fifth 6ener'atIon, Mark Ezekiel, ' St. Marys. Behind are Mark's
grandmother, Mrs. B. McLean, Brodhagen and his mother Mrs. M. Ezekiel, St.
Marys. • "(Phcfsto by Phillips)
April 30, 1975.
Combiped Balance Sheet
DECEMBER 31, 1974
(with comparative.amounts at December 31, 1973)
1974 1973
ASSET'S • . LIABILITIES
1974 1973
$105,000 t. Columban $ 19,576 $ 41,408 Due to bankers on demand loan Cash
Accounts receivable:
Province of Ontario
Local boards .
Sundry'
Accounts payable and accrued charges:
Sundry
Province of Ontario
37,647
9,210
46,857
$ 23,842
5,692
29,534 Seniors plan euchre plan
27,642 15,961
7,569' 4,256
4,772 2,316
39,983 22,533
Net long term liabilities
applicable to sewer projects 147,082 159,135
Reserves _ statement 5 11241 56,453
Accumulated net revenue (deficit) - statement 2 (2,726) 36,404
Wednesday, NoyeiPber 12th: '
Personals
Mr. and Mrs. D.ave Regier ancl
family of Kitchener visited with
her parents, Mr. and Mrs. Albert
Cronin.
Mrs. Elizabeth Murray, Marion
Villa, London, visited with Mr.
and Mrs. Thos Murray on
Sunday. •
Mr. Neil Murray , Windsor,
visited his parents, Mr. and Mrs.
Th os Murray on the weekend.
St. Columban Mosquitos
soccer champs played a return
exhibition with London district
'champs on Sunday and again
defeated them 3 - 1, to prove that
their victory here (5-2) was no
fluke. The mosquitos remain
undefeated all season. Their
coach Joe Visser can be very
proud 'of his charges as well as
their sponsor John Moore Ins. ,
Dublin and all parents and friends
of those goys who show much
talent for the future.
Correspondent
V. J. Lane.
St. Columban old timers are
considetting a Senior Citizens
Euchre beginning the second
Wednesplay of November
weather( permitting. Games will
be held monthly thereafter in the
"Knights of Columbus" hall
here, .hopefully in conjunction
with Seaforth and Dublin.
Cards will begin at 2 p.m. to 4.
Mod • prizes and lunch will be
novided afterward . A silver
/donation of a maximum 50c _will
be used to defray expenses and
any surplus at the end of term will
be given to some worthwhile
cause, such as Right to Life, or
whatever the majority decides
upon.For a starter ladies please
bring sandwiches as well as y our
neighbours and friends.
Remember the date
19,346 18,662
1,592 290
17,754 18,372
17,861 15,578
Taxes receivable
Less allowance for uncollectible taxes 4
Deferred charges and other assets'
447 Government of Canada Savings Bonds,
d ue' September 1, 1983 -eat cost
(Market value: $20,450 - 1974)
Capital outlay to be recovered in future years:
Funded - -
Cost of sewer projects to extent• of balance
of related debt
Unfunded -
Cost of expenditures on the Seaforth Memorial
Community Centre '
• Expenditures net of donations
park building
Winthrop
24,500 24,500
Correspondent
• Mrs. Robert Hulley
The Bread Baking Buddies held
their 4th meeting at the home of
Mrs. Hoste on. Oct. '21. Seven
members answered the roll call,
The • minutes of the ,previous
meeting were read. Different
kinds of buns s'uc-filmClover leaf
and fan tans were made from a .
sweet dough.
The members brought a
variation of Brown Batter rolls.
They enjoyed cheese herb bread
buns and refreshmentg after the
meeting.
147,083 ' 159,135
79,404
on recreation
8,093
234,580 •159,135
$354,254 .S..2.11.131L6 .(See accompanying nOtes), $354,254 $281,526
Sta.te.ment_of .fipv.ppueand Expenditure
figkARiEN,LW)EelillBfri, 31, 1974
(and,compitrA,Poti',Wit)vbIldtget etit'iinates and 1973 actual)
1 1th • ,•• 4.* .41, ''""t
'77
1 .w ,..
tiff
1974 1973
Budget Actual Actual
REVENUE E'XPENDITURE
Notes to Financial Statement
DECEMBER31, 1974 1974 1913
Budget ACtuaf Actual Taxation - statement 3 $260,281 $269,480 $265,402
Contributions from other governments:
Payments in lieu of taxes 14,174 .11,337 5,991 ------
Expenditures: • 1. Combined balance sheet
The combined balance sheet reflects the assets and liabilities of the• revenue fund, the
capital fund and all reserve funds of the municipality.' Assets and liabilities of local boards of
the municipality have not been included in the combined balance sheet.
2. Net long term liabilities , .
Total char .ges.for the year for net long term liabilities were as follows: ,
Principal payments ' ' )
' Contributions to the debt retirement fund of Ontario Water
Resources Commission (Ministry of the Environment) 5,552
Interest ' 11,395
General government $'55,005
Protection to persons and property 95,901
Public works 129,870
Sanitation and waste removal' 61,623
Social and, family services 382
Recreation and community services 17,634
Community planning and development 8,800
Financial expenses 1,775
Region or county - share of expenditure 63,427
$ 58,755 $ 41,830
96,596 67,843
133,3i4 41,265
57,072. 107,183
2,047
29,042 26,394,
1,000-N 12,162
5,597 1,626
63,411 50,821
91,505'86,601
Subsidies - Province of Ontario
General support grant
Resource equalization grant
Per capita grant
Roadways
Recreation
Liquor license fees
18,272 " 17,559
.45,728 43,942
22,484 22,484
66,000 .66,559
5,676
1,100
159,260 150,544
10,400 10,412
1,058
3,019
40,206
16,740
32,761 $ 6,500
92,726
10,295
509
1,929.
12,733
Municipalities -
Huron County. Road Rebate
Municipal utilities .
Rebate of Huron.County stabilization grant
$23,447
10,400 11,470 All charges shown above were paid from the general revenue of the municipality and are
included in expenditures, classified under the appropriate headings. 173,351 111,450 183,834
750
38,900
Other revenue:
Licenses and permits
Rents,,conoessions and franchises
Fines
Penalties and interest on taxes
Parking meters
Sundry
Charge back to school boards
Charge backs to county
Income from investments
Total long term liabilities incurred by the municipality
and outstanding at the end of the year amount to
Of the outstanding long term liabilities shown above,
the responsibility for payment of principal and
interest charges has been asssumed by others for an .
amount of
1,1m
39,031
234
2,842
3,749
1,784
1,173
697
1,072
41,361
221
2,623
3,685
6,375
•
$785,579 91'503 Education
1,700
3,700
154
(582,000)
1,103
56 440
499-,271
36,402
1,103 1,600
46,804
t The balance in the debt retirement fund of the Ontario
Water Resource& Commission which has accumulated
to the fiend of the year to retire the outstanding long
term liabilities shown,above amounts to,
51.801
Total expenditure, .
Accumulated net revenue (deficit),end
of yeat
525,920 538,399 435,725 428,653,
43,474
490,919 Total revenue (56,497)
(2, 726) 36,402 Accumulated net revenue, beginning of year 35,001
$525,920 $535,673 $4720.27
) (See accompanying notes)
SaMmary of 1974 Tax Levy
(with comparative totals for 1973)
• ,1974
Net long term liabilities at the end of the year t $147,082
$525,920 $535,673 $472,127
3. Assumption of debentures issue
,for school purposes
On January 1, 1969 the Huron County Board of Education assumed from the municipality •
the responsibility for the payment of the principal and interest charges on the debentures
issue&for school purposes.
4. Expenditures on 'the Seaforth Memorial
Community Centre,
During the year, the Municipality expended $79,404 on repairs to the Seaforth Memorial
Community Centre without having -received pri6r approval for this expenditure from the
Ontario Municipal Board. These repairs were temporarily financed out of the proceeds of
bank borrowings which, at December 31, 1974 amounted to $105,000. This would appear to•
be in violation of Section 332 (2) of the Ontario Municipal Act which restricts such
• borrowings to 70% of the uncollected revenues for the year-which amounted to $57;737 at
that date. •
Subsequent to year end, 'April, 1975, the Town was granted authority under a private bill
to issue up to'$79,000 indebentures of the Corporation of the Town of Seaforth, payable in
not more than 10 years, for the purpose of paying the cost 9f repairs to the Community
Centre. The 'passing of this %bill also provides authorization for the Town to arrange for
temporary bahk borrowings to cover the cots of their. repairs until the debentures are
si s. sued.
Contingent' liability . =
The municipality has an accumulated sick leave plan for the Seaforth Police Department.
Vnder the terms of this plan, the municipality was contingently liable at December 31, 1974
for sick leave credits to its employees Of the Police Department to a maximum amount of
approximately $2,700: In the event of termination of employment for any reason other than
discharge for cause or illness,, this liability may be reduced by 50%. The Municipality's
liability in this respect at December 31, 1974 amounted to approximately $1,350.
No provision for these contingent liabilities has been made in the accompanying, financial
statements at December 31, 1974 and 1973.
1973
Mill rates Taxable assessments
Commercial
and .
Industrial
Commercial
' and
Residential Industrial Original Supplementary Total Total ..„ ' .
' 42.6 56.6 $ 86,977 $1,320 $ 88,297 $ 817,762
23,447 23,447 23,710
'I...-. ,
, . $110,424' $1.320 111,744 105,47.2
10,455 10,237
' 10,026 8,987-
(106) (117)'
, 132,119 1244.___ 579 __,...
Residential
Municipal: E~
General
Debentures
Sewage service rates'
Telephone and telegraph
Farm rebate
$1,608,895. • $740,020
2.0 2'.0 4,698 .3,992'
18.1 18.1 42,786 50,645
1,6,3,895
1,608 ,895
740,020 Special area rates
Regionoe<O4ty '740,020 •
' Education:
School Boards -
Elemental)? -7 public
- separate
\ '
1,352,4)60 668,660 18.66 ..-# 18.66 $ 37,707 $ 240 ' 37,957 ,41452
256,835 71,360 23.13, 25.7 7,774 , 65 7,839 7,622
1,608,895 740,020. 18.66 18.66 - 43,831 250 441 081 37,112 ------ --1---
0 $ 89,312 $ 565 A9,877 86,186
$269,480 $265,402
I '
• -
SecondsiY
6. Sale or Market Street Sewer
subsequent to year end •
„ , Subsequent to December 31, 1974, the Municipality sold its interest in the Mark treet
' Sewer Systatn to the Ministry of thee -environment for a iota] cash consid ation df
$45,9 28.73, This amount will be qedited to the operating revenures of the Municipality for
the year ended December 31, 1975.
• .
t•
Total taxation levy
100.02 114.02
121.06
Public school m 11 rate
Separate school mill rate
- •
104.49
(see accompanying notes),
it