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Home My WebLink AboutThe Exeter Times-Advocate, 1969-05-29, Page 11May 2, 1969 The Mayor, Members of Council and Ratepayers The Corporation of the Town of Exeter Exeter, Ontario Gentlemen: I have audited the accounts and records of the Town of Exeter for the year ended December 31, 1968 and have prepared therefrom, the statements listed in the index accompanying this report. Operations The operations for the year resulted in a deficit of $3,040.29 after providing for the deficit of $9,491.72 for the year ended December 31, 1967. The results of the operations of the other Boards were as follows. Public Utilities Commission - Water Supply Public Utilities Commission - Hydro South Huron District High School Board Exeter Public School Board Exeter Cemetery Board Exeter Public Library Board Exeter Community Centre Board Exeter Recreation Committee Exeter Industrial Development Corporation surplus $ 13,589.83 surplus $ 26,363.84 deficit $104,616.00 deficit $ 20,924.20 deficit $ 459.90 deficit $ 38.65 deficit $ 2,516.24 deficit $ 898.97 deficit $ 218.06 General The financial statements of the Combined Roman Catholic Separate School - Exeter, were not available for inclusion herein as of the date of this report. I would like to thank the employees of the Town of Exeter and the Local Boards with whom I dealt during my audit for their co-operation and the manner in which the records were maintained. Auditor's Opinion Subject to the qualifications concerning (1) The Combined Roman Catholic Separate School - Exeter I hereby report that in my opinion 1. The financial transactions which have come under notice have been within the powers of the municipality. 2. The audit has been conducted in accordance 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, 1968 and the results of its operations for the year ended on that date. 4. The financial statements have not been prepared on a basis consistent with those of prior years, but on new forms developed by the Department of Municipal Affairs. A. M. HARPER Date of filing May 5, 1969 License Number 3664 Total Revenue 1,605.52 $ 77,932.24 EXPENDITURE 5,430.86 2,680.30 12,337.25 3,637.90 Administration and General Customers' Billing and Collecting . Power and Pumping Maintenance Operation 15,975.15 3,411.69 1,764.00 17,994.91 17,085.50 64,342.41 13,589 83 Transmission and Distribution Maintenance Other Rent Provision for depreciation Debt Charges (Schedule P-3A) Total Expenditure Surplus for year Total Expenditure Section $ 77,932.24 Exeter Public School Board For the year Ended December 31, 1968 REVENUE Net long term liabilities General Municipal activities Municipal enterprises School boards Equity in fixed assets 149,603,86 245,377.10 394,980.96 467,793.89 $ 862,774,85 243,144.95 149,603.86 245,377.10 638,125.91 224,648.94 $ 862,774.85 119,711.34 44,449.05 56,425.85 9,425.72 771.46 1,556.29 840.00 1,017.35 176,53 4,361.63 $ 234,373.59 12,288.86 12,254.37 140,153.62 881.75 16,624.06 1,639.94 3,240,71 16,499.14 2,349.89 1,489,39 3,839.28 (11.981 208,009.75 26,36;1.84 234,37La Provided by Municipality from Tax Levy Total Revenue . • - 41.••• 14,576.87 Deficit for year ... - ..... - ......... - 469.90 16,036.77 EXPENDITURE Administration and General 1,205.49 Maintenance and Care of Buildings, Plots and Grounds 13,831 28 Total Expenditure 15,036.77 Community Centre Board 5,500,00 200,00 1,789.50 1,882.25 4,314.27 675.00 9,916.33 780.00 425.00 725.00 205.00 123.35 550.00 For the year ended December 31, 1968 REVENUE Grant - Town of Exeter Donation - Rodeo Association Skating Ice rental Hockey Figure skating Snack bar Other rentals Horse barn Sign rental Park rental Skate sharpener Sale of scrap steel 27,085.70 EXPENDITURE Wages 4,844.56 Ball diamond 160.16 Horse barn repairs and maintenance 151.28 Light and power 2,460.72 Snack bar . 7,578.07 Arena repairs and maintenance 9,634.14 Fuel 1,098.06 Telephone 191.37 Advertising and supplies 223,80 Membership fees 45.00 Insurance 2,476.09 Skate sharpener 36.28 Travel and conventions 55.00 Prior years ice rental written off 606.00 Miscellaneous 41.41 29,601.94 Excess of expenditure over revenue $ 2,516.24 Exeter Recreation Committee For the year ended December 31, 1968 REVENUE Grants Town of Exeter 7,000.00 Province of Ontario 3,337.00 Fees & Admissions Swimming pool 2,929.30 Minor hockey 3,707.91 Figure skating 2,357.70 Teen Town 2,453.65 Junior Hawks 4,472.86 Square dancing 324.60 Playground 184.84 26,767.86 EXPENDITURE Salaries Recreation director 5,800.08 Assistant recreation director 2,600.08 Secretary-treasurer 250.00 Administration 1,882.30 Playground 933.23 Figure skating 2,511.02 Junior bowling 60.85 Square dancing 592.95 Minor ball 86.66 Swimming pool 3,093.52 Teen Town . 2,322.92 Junior Hawks 5,234.71 Minor Hockey 2,288.51 27,666.83 Excess Of Expenditure over Revenue $ 898.97 •••••••• Exeter industrial Development Corporation for the year ended December 31, 1968 REVENUE Grant - Town of Exeter 814.42 Private donations re liquor vote - .. .. 330.00 1,144,42 EXPENDITURE Land option 500.00 Expenses re liquor vote - - ... . . ..... .... 237.06 M unicipal taxes„......... ................. 165.00 Legal ........ .....,,......... 106,80 Landscaping .... ......... 401,00."•411Villi 288.76 Lunches and travel ..... ...... .. . , . . - ... 58.67 Post office boX rental .. lr ............ Y,ItIt al 4.00 tank charges .. - - . 2.20 1,362.48 218.06 Excess of expenditure over revenue - Baten Around with the editor Tirn**-Advocate, Maly 29 196'5 Conduct shower for Shipka 'bride About 40 friends, relatives and neighbors gathered at BlackbuSh school Saturday evening to honour .Sharon Moreriz, bride elect of June with a miscellaneous shower' Program Included two readings, one by Mrs. Ortha Baker, and one by Mrs. Jack Corbett, and two contest games. An address was read by Mrs. Peter Martin and gifts presented by Bonnie & Darlene Ziler. Sharon graciously thanked ail and lunch was served. Hostesses were Sharon's aunts, Mrs. Les Adams, Mrs. Jack Corbett, Mrs, Harry Chapman and Mrs. Hugh Morenz. MANY EXETER RIDERS AT 1..VCAN SHOW - A goodly number of members of the Exeter Saddle club participated in Saturday's Lucan horse show that drew more than 90 contestants. Some of the - Continued from'Page 4 picks a can of pineapple or a jar of pickles Off the grocery store shelf and when the product Is eaten, the container becomes garbage. The examples of this are numerous and include non-return pop bottles, TV dinner cartons, juice cans, instant food packages and almost everything imagineable. Naturally, the disposal of this refuse creates problems. A considerable amount of it can not be burned (even if health officials would allow it) and so it must be buried or stacked into great heaps. Small heaps grow into big heaps and soon we find that dumping grounds are inadequate. In most cases, the land already used is of no value for any other purposes. It's a problem that will soon have to be solved or our local riders are shown above. From left, Scott Smith, Janet McDowell, Lisa Cording, Bob Parsons, Karen Cornish, Maxine Bilyea, Danny Turvey and Nancy Swartz. T-A photo eivilization will be choked by its own refirse. We could go on at great lengths citing examples that indicate .it is ,unfair to .ask publications to cough up anywhere from 400 to 600 percent more for postal privileges, but the fact Is we wouldn't mind that so much if in fact we were assured you subscribers received full value for the increased cost of your newspaper. Ent that hasn't happened yet. In fact, we've had some people in more distant points cancel subscriptions in recent months for the simple reason their newspaper was arriving a week - or even more - late. People in Australia may understand the delay, but people living in Toronto or Michigan find it impossible to comprehend, and so do we. PFASONALS Mrs. Eileen Morenz of :Florida has been visiting with ,frienda and relatives in the community,. Mr. & Mrs. Fred. Hoffman of Barryton, Michigan, visited a few days last week with Mr. Mrs. Harold Vincent and Lou.i Sue, Mr, 4 Mrs, Harry Ohaproan of London spent the weekend with Mr, St Mrs. Les Adams and. 11..arv. Mrs. Mabel Desjardine and Mrs. H. Morenz attended the District annual held at Elltrivillo Sunday visitors with Mr, & Mrs, Wray Sweitzer were Mr. & Mrs, Gerald Brintneil, Terry and Scott, Miss Lori Russell and Mr, •gi Mrs. jack Smith, all of Woodham, Report to the Ratepayers of Exeter For The Year 1968 Public Utilities Commission - Water Supply System. For the year Ended December 31, 1968 REVENUE Accounts payable and accrued liabilities Other governments Municipalities Local boards and other funds South Huron District High School Exeter Public School Precious Blood Separate School 1,299,76 63,299.76. 1,319.36 811.12 15.44 65,445.68 46,805.59 18,218.98 3,076 86 133,547.11 39.53 78,201.57 (3,040 29) $ 208,747.92 Other Trade accounts payable Principal and interest due on long term liabilities Refundable deposits Sale of Water: Residential Commercial Industrial Hydrant Rental 39,353,83 9,244.31 21,303.87 6,424.71 76,326.72 1,585.67 19.85 Other liabilities Reserves Surplus (deficit) Miscellaneous Revenue: Interest Miscellaneous Statement of Revenue and Expenditure for the year ended December 31, 1968 REVENUE Taxation Realty Business Special charges 289,451.31 39;426.17 25,521.62 354,399.10 5,421.35 279,737.04 15,460.20 300,618.59 10,754.45 665,772.14 32,626.26 51,091.20 269,043.07 83,723.19 7,387.70 22,544.69 2,559.06 13,797.02 67,221.06 109,327.46 659,320.71 6,451.43 (9,491.72) (3,040.29) Government Grants Ontario Contributions from other governments Payments in lieu of taxes Subsidies Municipalities Other revenue Total revenue EXPENDITURE General government Protection to persons and property Public works Sanitation and waste removal Social and family services Recreation and community services Community planning and development Financial expenses County - share of expenditure Education - local contributions Total expenditure Excess (deficiency) of revenue over expenditure for the year Surplus (deficit) at the beginning of the year Surplus (deficit) at the end of the year 125,549.40 Recovery of costs from Province of Ontario For use of school for practice teaching Taxes requisitioned (including debt charges) From own municipality From other municipalities Township of Stephen Township of Usborne 605.00 40,000.00 472.54 158.79 40,631.33 77.10 124.80 1,258.42 1,383.22 25,095.75 193,341.80 Tuition fees from counties, other school boards and individuals Other Revenue Bank interest Additions under Sec. 53 Capital Fund Balance Sheet as at December 31, 1968 ASSETS Future recoveries from levies or rates Municipal enterprises School boards Surplus at end of prior year Total Revenue Public Utilities Commission Hydro For the year Ended December 31, 1968 REVENUE EXPENDITURE Fixed assets Administration Plant operation and maintenance Instruction Salaries - principals, teachers and inspectors Instructional supplies LIABILITIES Sale of Electrical Energy: Residential Sales Commercial Sales Lighting, etc. Industrial Sales Lighting, etc Sales to own Municipality Street Lighting Miscellaneous Revenue: Sales of Merchandise Other: Interest Apartment rentals Water heater rental Sundry 6,095.35 20,302.32 121,310.00 13,248.09 184,558.09 2,796 77 5,965.00 19,000.00 24,965.00 447,30 189,164,83 4,176,97 $ 193.341,80 Auxiliary services Other Debt charges Long-term debt - interest principal instalments .. Other Expenditures Share of taxes written off Total expenditure Surplus Total Total Revenue Revenue Fund Balance Sheet as at December 31, 1968 ASSETS EXPENDITURE Exeter Cemetery Board For the year ended December 31, 1968 REVENUE Administration and General Customer's Billing and Collecting Electrical Energy Purchased Transmission and Transformation: Maintenance Distribution: Maintenance Street Lighting: Operation Other - Exclusive of Depreciation and Debenture Debt Charges: Building operation and maintenance Depreciation . Sale of Plots 1,165.00 Care of Plots 1.• ....... 44•44••••••••••••• 659.55 Burial Charges 3,880.00 Miscellaneous Revenue Interest - - .. .. . . ........... Foundations Winter. Storage Rent Debenture Debt Charges Matured in Current Year Interest ...... . . . ... ... . . Serial Debentures - Principal Instalments 5,121.52 430.80 75.00 745.00 6,372.32 • ••• .0, y Other, after deducting allowanee for doubtful accounts . . . .. . Takes receivable, after deducting allowance for uncollectable taxes .... . Cash . Accounts receivable Other governments Ontario Municipalities Local boards and other funds Public Utilities Corritnission - Wat erworks 20,085.27 118,454.43 333.51 138,873.21 2,537.82 141,411.03 4,871.50 62,465.39 $ 208,747.92 62,000.00 .14 Provision for Debt Charges of future years Total Expenditure - • Surplus for Year Carried forward to Surplus (Deficit) Account . ..... Total Expenditure Section „ , - - LIABILITIES Temporary loans 4444.1% it 44•110•0•1 4,0