HomeMy WebLinkAboutClinton News-Record, 1972-06-22, Page 17Clinton News-Fiecord, Thursday, June 22, 1972-7 A
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Bill Thurton presents the most valuable player award for junior soccer to Randy Millar.
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THE CORPORATION
OF THE
VILLAGE OF
BAYFIELD
FINANCIAL STATEMENTS AND AUDITOR'S REPORT
FOR THE YEAR ENDING DECEMBER 31, 1971
REVENUE FUND STATEMENT OF REVENUE AND EXPENDITURE
FOR THE YEAR ENDED DECEMBER 31, 1971
Taxation
Contributions from other governments
Other
Total revenue
General government
Protection to persons and property
Public works
Social and family services
Recreation and community services
Financial expenses
• Education
Region or county-share of expenditure
Other-Capital expenditures out of revenue
Total expenditure
Excess of revenue over expenditure for the
REVENUE
EXPENDITURE
year
34,876
1971
$
52,622
30,418
4,934
87,974
12,106
4,029
29,075
319
2,470
479
16,344
99,798
1970
$
58,668
29,013
4,720
92,401
8,944
2,856
12,258
97
1,061
41,616
14,924
• 5,228
86,984
5.417
(Excess of expenditure over revenue for the Year)
(11.824)
Surplus at the beginning lif ‘the Year " " ," • • • 36,829 31.412
Surplus at the end of the year ................................................. 25.005 36,829
STATMENT OF CAPITAL FUND OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 1971
1971 1970
UNFINANCED CAPITAL. OUTLAY (UNEXPENDED CAPITAL FINANCING)
at the beginning of the year Note: (685)
CAPITAL OUTLAY
General government 1,046
Protection to persons and property 4,7'79
Public works 10,187 918
Recreation and community services 10,938
11.233 16,635
CAPITAL FINANCING
Contributions from other governments 5.000
Contributions from the revenue fund 10,233 5,228
Other-Public subscription functions 1,652
-Proceeds, sale of fixed assets 1,000 469
(11,233) (12,349)
(1) 3,601
1970
Unfinanced capital outlay at end of year
(1) Bayfield Community Centre-not
consolidated in 1971
CONSOLIDATED BALANCE SHEET
AS AT DECEMBER 31, 1971
1971
ASSETS
Current
Cash 9,079 12,849
Accounts receivable 5,770 7,142
Taxes receivable 3,470 5,770
Other current assets 15,000 15,000
'33,319 40,761
LIABILITIES
Current
Accounts payable and accrued liabilities 4,235 1,003
Other current liabilities 4,079 6,530
8,314 7,533
Surplus and unapplied capital receipts 25,005 33,228
33,319 40,761
AUDITOR'S REPORT
To: The Members of Council, Inhabitants
and Ratepayers of the Corporation of the
Village of Bayfield
We have examined the 1971 financial statements of the Corporation of the Village of Bayfield and its
local boards, which are listed in the attached index, 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,
In our opinion these financial statements present fairly the financial position of the Corporation of
the Village of Bayfield and its local boards as at December 31, 1971 and the results of their 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, except as to the matters
referred to in Note 1 to the financial statements.
G.N. Ward 81 Partners
London, Ontario
April-26, 1972
License 4256
Gov't, asked !tot to drop scholarships
Ken Clynick, head of the physical education department presents
the WOSSA championship volleyball pennant to captain-coach
Paul Bartliff.-photo by Jack Hunt.
Secondary school principals in
Ontario have asked the Province
to re-consider its decision to drop
$150 scholarships for Grade 13
students averaging 80 percent or
more in six subjects,
In a letter released here today,
the Ontario Secondary School
Headmasters' Council asked
Education Minister Thomas L.
Wells to take into consideration
financial problems that many
families face because of higher
tuition fees, the rising cost-of-
living, and the increased
difficulties students have
experienced in getting summer
jobs.
C.W. Perry, OSSHC Executive
Secretary, said principals have
recognized another problem that
arises from a large number of
Despite a slow and somewhat
discouraging start, plans are well
under way for the Huron County
Playhouse.
The summer theatre, located
on the B-line of Stephen township,
east of Grand Bend, will produce a
total of six plays. They will begin
_purlilg1970 American's pent
$114 billion for food, accounting
for some 16. per cent of their
disposable income. If American
consumers were spending the
same percentage of their take-
home pay today as they did 20
years ago, they would be spending
in the range of $40 billion more
for food per year.
During the early months of
1972, the average per-ton price
for baled alfalfa hay was $40.
awards ear-marked specifically
for students who are not Ontario
Scholars (80 percent on six
subjects), Many of these awards
are based on the terms of trusts.
"Schools could find
themselves, therefore, legally
bound to make some cash awards
to students whose averages are
less than 80 percent while other
students whose averages are
higher than 80 percent would
receive no monetary
recognition," said Mr, Perry.
Mr. Wells announced in April
that the Ontario Scholarships
would not be awarded this spring.
After considerable public
reaction the Province agreed to
award them this spring -- but for
the last time.
Last year 5,794 Grade 13
July 24, and will range from west-
end and Broadway productions to
Canadian hits. The first play,
tentatively, is "The Owl and the
Pussycat,"
"They are light entertainment
productions," said the company's
director, Jim Murphy. "We hope
to have something to please
everyone,"
The summer playhouse is the
end of a 20-year dream for Jim
Murphy. He has been doing
summer stock for eight years,
and last year, formed his own
company of players in Toronto.
He was educated in the United
States and Europe, and taught
university for six years,
including three at the University
of Guelph.
He produced plays in Toronto
last year, and decided he wanted a
location for his company for the
summer. "Grand Bend is just a
tremendous place," said Mr.
Murphy.
It took a long time to get
commitments, he said, but he
finally got them, found the
property and the company
managed to buy it themselves.
By next year, the company
hopes to have the barn partially
renovated, but in the meantime,
they will• be playing in a large
circus tent.
"So far, it is more or less a
trial run. We will see how things
work out, but we hope to make our
permanent headquarters there,"
Mr. Murphy said.
Once school starts again in
September, the company would
like to tour the various schools,
doing productions.
They would also like to do at
least a couple of plays during the
summer, especially for children,
perhaps on Saturday mornings.
"We did "Sleeping Beauty" in
Toronto last year, and it was
tremendously received," said
Mr. Murphy.
Although the whole company is
made up of about 25 designers,
directors and technicians, the
largest play cast will be only
seven.
Mr. Murphy explained this by
saying "We are very, very
specialized in summer stock."
Casting is not yet complete, but
Mr. Murphy is hoping for
commitments from several well-
known Canadian actors.
"It is also our intention that we
develop some local people," said
Mr. Murphy. "We are
particularly interested in
youngsters of upper high school,
but preferably college age
students who want to apprentice,"
If anyone is interested, they
should contact Mr. Murphy by
calling the playhouse.
Each play will open on a
Wednesday evening and will run
until the following Sunday. There
will be two shows on Saturday, one
at 6 p.m. and one at 9 p.m. The
early show will cater to the older
citizens, who may not like to drive
after dark, said Mr. Murphy.
"We will try to play to different
people at different times, but
generally the season is geared to
the permanent residents of the
area," he said. Season's tickets
will be available, and the company
will be making a ticket drive
starting around the beginning of
July.
Response has been quite good
said Mr. Murphy and we have an
excellent Board of Trustees.
They include Mrs. Mel Gaiser,
Exeter; Gray Knap, Parkhill;
Bruce Sully and Bill Cochrane,
Goderich, Joh Payne, Reeve of
Grand Bend, Mrs, Jean Schlegel,
Grand Bend, and Mrs. Peter Ivy,
of London and Grand Bend.
On their advisory board are
Don Southcott, Toronto, Elmer
Bell and Ken Murray.
"We would really like anyone
who's interested to drop by and
see what we're doing," said Mr.
Murphy.
In addition to the actual plays,
the company hopes to sponsor
such things as art and
photographic exhibitions.
1111442111a
SAT/S'AY YOUR NEEDS
students who averaged 80 percent
or more in at least six subjects
were pail a total of $869,100.
Mr. Perry said principals and
teachers have found that the $150
scholarships have motivated
many students to aim for them as'
a goal in Grade 13, and have
influenced many to carry on past
secondary school,
The recommendation by the
principals was endorsed by the
June meeting of the Provincial
Executive of the Ontario.
Secondary School Teachers'
Federation, The headmasters'
group„representing roughly 60Q
principals, is part of the OSSTF
which represents 34,000
secondary school teachers.
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