The Exeter Times-Advocate, 1967-06-15, Page 3EXPENDITURE
Salaries
Librarian • . • . . . # • . • . 1,480.00
Assistant librarian . • • • • . 234.60
Child librarian • . • . . • • 480.00
Secretary . . r . , . • • 120.00
Heat, light, water and telephone 506.10
Books purchased . .. 1,396.48
Magazines and newspapers . . . 197.70.
Stationery and gupplie$ • .. • 143.14
Insurance ,. . . . . . • • 177.08
postage exPrese and bank charges 46,25
Membership fees 165.40
Maintenance 395,25
Microfilming • . • 199.56
Employees fringe benefits . . . 131,99
5,723.60
$ 825.57 Excess of revenue over expenditure
EXPENDITURE
General Government
Executive and Legislative 3,775.00
Administrative 11,717.39
Other 15,820.04
Actual
31,312.43
Budget
31,475.00
Protection to Persons and Property
Fire , • 8,945.44
Police .... 17,663.01
Law Enforcement „ , 48.00
Street Lighting 9,380.55
Protective Inspection . 1,037.25
Other (specify)
Ausable River Authority 3,308.91
40,383.16 37,293.06
Public Works-Roads, High-
ways and Streets, etc. . . 79,337,63 84,950.00
Sanitation and Waste Removal 40,858.81 35,500.00
Social Welfare (Schedule 10)
Welfare Assistance . • . 5,091.10
Institutional Care . . . 7,350.00
12,441.10 14,000,00
Education, including debt charges
(Schedule 9) 110,597.68 110,072.49
Recreation and Community Services 19,421.44 19,525.00
Debt Charges
Long-term debt charges
(Schedule 11) 138,725.35
Less own share of school
debt charges 37,199.31
101,526.04
Short-term interest and
other charges . . . 272.48
101,798.52 111,730.84
Discount for Taxes . . 1,984.53 1,800.00
Taxes written off 302.53 1,200.00
Capital Expenditures out of Revenue
(Schedule 13) 686.33
Joint or Special Expenditures
County Rates 56,298.82
56,298.82 56,041,92
Miscellaneous 1,100,00
Provision for Allowances, Reserves
and Reserve Funds (Schedule 8 and
Form G) 7,152.46
Gross Total Expenditure . 502,575.44 504,688.31
Deficits from Previous Years
Levied for 5,303.60 5,303.60
507,879.04 509,991.91
Surplus for the year . . 6,030.95
Total Expenditure Section . 513,909.99 509,991.91
LIABILITIES
138,032.01
1,111,140.15
Debenture Debt Issued and Unmatured
General
Storm drains 5,985.68
Town owned watermains . . . . 17,826.02 '
Arena 5,400.00
Street lights 13,100.00
Sanitary sewers 91,689.28
134,000.98
Schools
Public and Continuation 134,500.00
Collegiate and High . 263,000.00
397,500,00
Public Utilities and Other Municipal
Enterprises
Water Supply System 129,400.00
Electric Light and Power . • • 43,558.22
172,958.22
Total 704,459.20
Other Long Term Debt (specify)
Due to Ontario Water Resources
Cornmisslon 148,734.28
Less Debt retirement fund . 10,702.27
138,032.01
Temporary Loans 44,000.00
Investment in Capital Assets • 224,648.94
1,111,140.15
NOTE: Guarantees or Contingent Liabilities (Schedule 16)
Revenue Fund Balance Sheet
December 31, 1966
ASSETS
Cash on Hand
Cash in Bank ....... . .
534.18
16,418.69
16,952.87
Accounts Receivable
Sundry ......... . . 1'7,727.50
17,727.50
Province of Ontario . . . . 30,078.37
Other Municipalities . . . . 600.16
Taxes Receivable (Schedule 5) • „ 69,017.95
Deferred Charges . 5,238.92
Total Assets 139,815.77
LIABILITIES
Temporary Loans (Schedule 6) • 22,600.00
Accounts Payable 7,309.04
Debentures and Coupons Due
Principal 7,000.00
Interest 2,087.24
9,087.24
Other Municipalities 216.69
School Boards 10,442.79
Surplus (Form C) 89,960.01
Total Liabilities and surplus . . 139,615.77
Guarantee or Contingent Liability (See Report)
Exeter Cemetery Board
For the year Ended December 31, 1966
REVENUE
Sale of Plots • • • .
Care of Plots
Burial Charges
Miscellaeeous Revenue (specify)
Investment Income
Foundations
Rent
Sundry . . . • .. •
2,140.00
502.50
3,910.45
4,395.03
517.50
670.00 -
7.00
5,589.53
Provided by Municipality from Tax Levy 1,000.00
Total Revenue 13,142.48
EXPENDITURE
Administration and General 1,309.98
Maintenance and Care of Buildings, Plots
and Grounds . . , . . • . . 11,740.09
Total Expenditure . - . • 13,050.07
Surplus for year . 92.41
13,142.48
Community Centre Board
For the year Ended December 31, 1966
REVENUE
Skating 1,884.85
Ice rental 1,525.25
Hockey . 2,191.79
Figure Skating 692.00
Snack Bar 7,356.67
Swimming Pool 1,919,80
Other rentals 996.57
Horse barn . . 448.50
Sign rental 625.00
Park rentals 128.58
Skate sharpener . 110.45
Grants Town of Exeter 2,000.00
19,879.46
EXPENDITURE
Salaries and wages 3,378.47
Light and power . . 2,218.88
Snack bar .. 6,357.78
Repairs and maintenance 1,254.96
Fuel 1,012.93
Telephone 251.01
Advertising and supplies 116.62
Unemployment insurance 24.48
Insurance 2,541.20
Bank charges 12.25
Convention and travel 56.00
Repairs and maintenance barn . . 102.83
Swimming pool 1,068.39
Skate sharpener '72.25
Parks 96.50
Miscellaneous . . . 74.09
Excess of revenue over expenditure
18,638.64
$ 1,240.82
Exeter Recreation Committee
For the year Ended December 31, 1966
REVENUE
Grants - Town of Exeter 8,020.69
Exeter Community Centre Board 2,383.14
Day Camp , 854.50
Promenaders Square Dance . . . 470.21
Teen Town 4,955.55
Junior Hawks Hockey 1,396.16
Figure skating 1,620.06
Playground . 776.25
Minor Hockey 1,966.41
Swimming pool . . . 1,245.60
23,697.57
EXPENDITURE
Salaries - directors and assistants 11,467.00
Administration 1,645.04
Minor hockey . . 2,007.67
Playground 279.78
Figure skating 804.25
Band 200.00
Junior bowling 100.00
Square dancing 40.00
Minor ball 31.78
Day Camp . 1,071.23
Swimming pool 154.10
Teen Town . ... •40444 5,312.21
Junior Hawks Hockey . . . . . . . 1,389.31
Capital expenditure (ball lights)
-
200.00
24,702.37
Excess of Expenditure over Revenue $ 1,004.80
Development Corporation
Exeter Industrial
For the year Ended 'December 31, 1966
REVENUE
Grant - Town of Exeter . ,
'EXPElpITIIRE
806.50
Intl:aft*, postage and advertising a a 13.62
titirlOhleg . . . 44004 44404 12.59
Telephone . it• • 4.4 4 41;41 53.75
Travel 6 4 . 4 .. a 4 4 553.46
Registration toog ea . 4 4 . 4 5.00
Bank thatgeg at. 414afi*a4 1,00
639,41
Excess of Revenue over Expenditure .1048
Exeter Public School Board
For the year Ended December 31, 1966
REVENUE
Government Grants
Ontario 94,897.19
Taxes requisitioned (including debt charges)
From own municipality 60,000.00
From other municipalities (specify)
Township of Stephen 617.68
Township of Usborne 197.90
60,815.58
Tuition fees from counties, other school
boards and individuals 781.48
Other Revenue
Interest 151.23
Additions Section 53 291.29
442.52
Surplus at end of prior year • • • 21,409.58
Total Revenue 178,346.35
EXPENDITURE
Administration 6,074.17
Plant operation and maintenance 16,743.99
Instruction
Salaries -principals, teachers and
inspectors 85,240.37
Instructional supplies 9,426.27
94,666,64
Auxiliary services
Other 1,491.18 1,491.18
Debt charges
Long-term debt - interest 7,382.50
principal instalments 16,000.00
23,382.50
Interest on temporary borrowing, bank
charges, etc .45
23,382.95
Capital expenditures from current revenue 2,303.39
Other Expenditures
Share of taxes written off . . 48.89
Total expenditure 144,711.21
Surplus 33,635.14
Total 178,346 35
Roman Catholic Separate
School Board
For the year Ended December 31, 1966
REVENUE
Government Grants
Ontario 13,883.00
Taxes requisitioned (including debt charges)
From own municipality . . . . . 1,973.00
From other municipalities (specify)
Township of Stephen 243.00
Township of Usborne 1,455.00
Township of Hay 331.00
Township of Fullerton 104.00
4,106.00
Tuition fees from counties, other school
boards and individuals 3,236.00
Other Revenue
Interest 48.00
Total Revenue 21,273.00
Deficit 6,828.00
Total 28,101.00
EXPENDITURE
Administration 1,204.00
Plant operation and maintenance 2,198.00
Instruction
Salaries principals, teachers and
inspectors 8,816.00
Instructional Supplies 2,016.00
10,832.00
Transportation 2,826.00
Auxiliary services
Other 18.00
Debt charges
Long-term debt interest , . 4 2,771.00
principal instalments 2,006.00
4,777.00
Interest on temporary borrowing,
bank charges, etc 142.00
4,919.00
Capital expenditures from current revenue 271.00
Deficit at end of prior year . . . . 0,833.00
Total Expenditure ........ . 28,101.00
Exeter Public Library Board
For the year Ended December
REVENUE
31, 1906
Grants
1COWII of Exetet . . . 4a a a a • 3,500.00
Province of Ontario . . , . , 2,671,51
County Of 'Mittel . . aa e 4 4 a 40.00
Pees and fines 4 M 4 i 4 i i a e 204.00
Recovery of itierefilitiing cost s . 133,04
Bank interest a 0 4 4 a • 4 a a a .62
6,549.17
Report to the Ratepayers of Exeter For The Year 1966
Interest . • • • • 014,0
Water heeter rental , 1,036.50
1,043.00 980.00
3,882.86
Total Revenue Section
• • •
212,782.91
Contributions, Grants and Subsidies
Governments:
Canada -
Ontario -
Welfare Assistance 9,336.91
Highway Improvement 40,805.34
Payments in lieu of muni-
cipal taxes . , 1,873.34
police and Fire 193.70
Unconditional Per Capita
Grants 9,997.50
Recreation 2,629.69
Other (specify)
Centennial . . . . 1,942.00
9,706.38
10,400,93
113,227.13
297.88
16,162.76
Auditor's Opinion
Subject to the foregoing qualifications, I hereby report that in my
opinion:
(1) The financial transactions which have come under my notice
have been withie the power of the municipality.
(2) The audit has been conducted inaccordance with the instructions
of the Department of Municipal Affairs.
(3) The financial statements Present fairly the financial position of
the municipality as at December 31, 1966 and the results of its
operations for the year ended on that date.
A. M, HARPER
Date of filing May 25, 1967 License number 3244
EXPENDITURE
Administration and General . . . .
Customer's Billing and Collecting . .
Electrical Energy Purchased . . , .
Transmission and Transformation:
M aintenance • • • • • • • • * • •
Distribution:
Maintenance
Street Lighting:
Maintenance
Other - Exclusive of Depreciation and
Debenture Debt Charges: (specify)
Building operation and maintenance 2,272.90
Apartment maintenance . . . . 428.44
• 64,395.58
14,550.90
1,567,00
4,500.00
1,074.84
66,778.48
14,514.60
2,435.00
5,334.43
Other Municipalities . . .
Licenses and Permits (include dog tax)
Interest, Tax Penalties, etc.
Other Revenues -
Rents, Concessions and
Franchises
Fines f •
Service Charges . •
Recreation and Community
Services
842.59
597.96
450,00
Capital and Loan Fund
Balance Sheet
144.75
2,801.34
Depreciation 13,057.10
Debenture Debt Charges Matured in Current Year
Interest . . . . ........ 2,512.50
2,035,30 1,900.00 Serial Debentures- Principal Instalments 1,441.78
3,954.29
( 11.94)
170,670.70
42,112.21
212,782.91
Provision for Debt Charges of Future Years
Total Expenditure
Surplus for Year carried forward
to Surplus (Deficit) Account . . .
Total Expenditure Section
Miscellaneous (specify)
Provision for deferred
revenue 1,504.92
358,649.92 Recovery of taxes written off 122.81
Sewer charges 15,042.26
Miscellaneous 191.75
188,230.90
December 31, 1966
ASSETS
General Fixed (as per Schedule 18)
Due from School Ratepayers (for Debentures)
Public and Continuation . . . . . , 134,500.00
Collegiate and High . . 53,730.90
Due from Utilities and Other Municipal
Enterprises (for Debentures)
Water Supply System 129,400.00
Electric Light and Power System. 43,558.22
Total Revenue Section
16,861,54 7,227.50
513,909.99 509,991.91
172,958.22
209,269.10
44,000.00
148,734.28
10,702.27
Debentures Assumed by Other Municipalities
(Schedule 2)
Accounts Receivable (Schedule 17)
Other Tangible Assets (specify)
Sewage-Ontario Water Resources
Commission ..... . . . .
Less: Reserve for debt retirement
PUC Water Supply System
For the year Ended December 31, 1966
REVENUE
Sale of Water:
Residential 34,360.79
Commercial 7,222.84
Industrial 16,177.83
Hydrant Rental 5,718.75
63,480.21
Miscellaneous Revenue: (specify)
Miscellaneous 42,94
Interest 738.50
781.44
Total Revenue Section 64,261.65
EXPENDITURE
Administration and General
Customers' Billing and Collecting
Power and Pumping
Maintenance
Operation
Revenue Fund Surplus Account
8,164.12
3,400.68 December 31, 1966
5,660.30
2,512.28
11,564.80
2,697.05
442.84
15,894.37
18,712.72
Transmission and Distribution
Maintenance
Other (specify)
Building operation and maintenance
Provision for depreciation
Debt Charges (Schedule P-3A)
Total Expenditure 0.0.
Surplus for year . . . . .
57,484.86
6,777,29
64,261.65 Total Expenditure Section
Debit Credit Balance
Balance at January 1, 1966
Surplue or deficit included in
Current Budget 4
78,146.85
5,303.60
83,450.45
Adjustments affecting operations of
previous years: (specify)
Overestimate of 1965 costs re
1965 debentures • 478.61
Balance after above adjustments 83,929.06
Surplus for the year (Form D) 6,030,95
Total of Debit and Credit 89,960,01
Balance of Surplus at December 31, 1966 (Form B) 89,960.01
PUC Electric Power
For the year Ended Deeember 31, 1966
REVENUE Statement of Revenue
and Expenditure
For the year Ended Decembet 31, 1966
REVENUE
Sale of Electrical Energy;
Residential Sales r i • 4 • • 444041
Comtnercial Sales
Lighting, etc. . ...... ...,
IndUetrial Sales
Lighting, etc. . . . a • 0 . * r 4
Salee to own Municipality
Street Lighting . . . . . 4 4 • 4 4
Miscellaneous Revenue:
Sales of Merchandise . ... 4 .
Othet: (specify) sundry . . . . . .
Apartment rental . • . . . • a 4
111,097.23
41,295.62
48,947.97
,559.23 Adtual Budget
Total Revenue from Taxation (Schedule 3) 328,427.45 338,384.58
Laeg-Territ Debt Charges Recoverable
(Schedule 12) „ , . d
1,-WA6
10,0 16,480.19 76,480,19 180.00