Loading...
HomeMy WebLinkAboutThe Exeter Times-Advocate, 1971-02-25, Page 7TAX TROUBLE? For expert, Ichl-copt preparation of Financial Statements and I ncome Tax Haturns; Clip qnd ltlaii Name ... • r . ••• 14 41,** Address; Lot Con.-.. , ... Township Telephone Pleases/where applicable; ( ) Farmer ( ) Business man ( ) Contractor J contact: Farmers' Income Tax Service BOX 35, Lucan, Ont. Telephone 227-4851 The highest priced mere Silhouette sold for $56000, This mare is five years Old and had been imported to the States as a yearling. She was ft representative of .a female line that is seldom sold. The highest: prices for ,thin important line was sok. last year, when .televisien Atop.-147-.0.yee Newton pureheved from. the' estate of Mrs,, Fowler McCormick, .4 44014;91 nomvtl, Na0911f9r,$150,009, By ALVIN WI In Novice houseleague there Were two shut outs. In the first game the Black Hawks won 4-0 over the second place Road Runners. David Bogart scored a "hat trick" and Randy Cantle a single, The Canucks defeated Boston by a similar score 4-0. Randy Fisher notched three goals and Mike Burke ssored the single. • Standings W L T Pts Boston 8 4 3 1.9 Road Runners 5 6 4 1.4 Canucks 5 7 3 1.3 Black Hawks 6 8 1 13 The Blues shut out Boston 2-0 in the first Pee Wee houseleague game. Brian Horrell and Paul Brooks scored the goals, The Seals defeated the Panthers 4.2 in the other game. Seal goals were scored by Brian Clarke with two and Morley Irish lose to Belmont 1 Southwinci lightweight name that carries a lot of weight IF you want the looks and luxury of a fine light- weight English worsted, you want Southwind. The great value in lightweight suits is here in handsome new shades, tailored For us by Shifter-Hillman. NEW SPRING SAMPLES JUST ARRIVED FOR MADE-TO-MEASURE AND STOCK SUITS Thanks Por Shopping At MoKnights Len McKn i ght. & Sons. MAIN ST. EXETER MEN'S WEAR 0.0v410\40M LUMEN PHONE 23E-2320 QUALITY TA RIM' •WWWS• f.1 WIN AT MI LPIVIAY - An Exeter Legion rink took top honours at the Mildmay men's curling bonspiel held last week. David Wendt, (left) president of the Mildmay club presents the Formosa Spring brewery trophy to skip Bev Alexander, Stan Obre, Doug Brintnell and "liar" Brintnell. The Exeter entry had a three win plus thirteen total in the nine o'clock draw to win the honours. Mildmay Town Crier Photo Doubles enjoy bowling party 3. Net long term liabilities Total long term liabilities incurred by the municipality and outstanding at the end of the year amount to .. . ........... 858,427 Of the long term liabilities shown above, the responsibility for payment of principal and interest charges has been assumed by the Huron County Board of Education, for a principal amount of 291,444 Net long term liabilities at the end of the year $566,983 4. Capital ootlay to be recovered in future years Some capital outlay does not represent a burden on general municipal revenues, as it is to be recovered in future years from other sources Special charges on benefiting landowners 182,983 Municipal enterprises 384,000 $566.983 Analysis of Revenue for the year ended December 31, 1970 1970 1970 1969 Budget Actual Actual Taxation Realty - Residential and farm 260,256 237,728 Commercial and industrial 278,832 14,708 13,322 274,964 251,050 Business 5,701 4,764 Special charges 30,600 32,132 29,493 309,432 312,797 285,307 Contributions from other governments Payments in lieu of taxes Ontario 600 617 597 600 617 597 Other revenue: Licenses and permits Rents, concessions and franchises Penalties and interest on taxes Provision for deferred revenue Taxes written off recovered Discount on county rates Sundry interest Sundry Total revenue 2,500 1,714 2,672 1,000 1,038 935 2,500 4,649 2,516 444 200 228 275 1,223 890' 250 456 4,588 6,450 10,198 11,430 447,682 455,735 415,358 Analysis of Expenditure for the year ended December 31, 1970 1970 1970 1969 Budget Actual Actual $ $ $ General government: Members of council 3,000 1,631 2,810 General administration 16,000 14,808 13,809 Unclassified 500 471 368 19,500 16,910 16,987 Protection to persons and property Fire Protective inspections ......... • - , Street lighting Unclassified Public works: Roadways Drainage Unclassified Sanitation and waste removal: Garbage collection and disposal Social and family services: General assistance Unclassified Recreation and community services: Parks and recreation Community planning and development Planning and Zoning Urban renewal Industrial development . - ... . . Unclassified „ Financial expenses: Interest on temporary borrowing „ .14444444 444 2,000 677 Provision for reserves 10,000 10,000 10,500 Unclassified , . . .... „ „ 300 5,686 707 4 " 12,300 15,686 11,884 Education Elenientary public 64,776 63,980 50,912 separate , 15,074 15,135 11,889 Secondary .. 44 4 4114 41,4 bit 644*44 91,304 88,121 79,669 171,154 167,236 142,470 County --share of expenditure 72,450 72,712 75,986 Other . Police Village of Datliwood, . „. 3,329 3,329 3,439 •••••••topon..•1 ,•••••••*.ar 3,329 3,329 3,439 Total. expenditure .... „ 452 640 450,128 417,353 350 476 374 350 476 374 5,000 4,935 3,767 95 95 95 5,095 5,030 3,862 500 305 825 500 305 825 6 114 10 243 10 261 3,750 10 277 4,107 2,500 1,825 75 75 2,277 2,298 4,852 4,198 132,500 2,920 48 23 1,925 4,916 115,630 7,380 29,493 152,503 127,092 4,725 30,600 32,132 163,100 163,949 imemniminummennimme m niment emninini e ntigiemilli nillitell11111111111111111111111111111111111111111 Roc News Two shut outs. • Sunday,• the Lucan Irish dropped a 7-6 loss to the Belmont Sunsets before a jubilant home town crowd in the first game of the junior OHA round robin playoffs. The Sunsets were ready for the Irish and were two goals up by the 8:38 mark of the first period. At 10:50 Dave Revington took a pass from Tom Hodgins and shoved it past Mike MacLaughlan in the Belmont goal. Near the 19 minute mark Brian Abbey scored to make it 3-1 for Belmont. In the second period, Jack Bradley scored at 2:25 and Dave Revington at 7:36 before Ed Landon got the puck past John McLean at the 10:42 mark. Jim Hearn scored at 12:52 and 18:55 to put the Irish in the lead. eo Belmont's Brian Abbey scored early in the third period to tie the game scoring at 1:48, then, at 2:01 Doug Hepburn gave the lead to the home team. At 16:57 Ken Needham again tied up the game but less than a minute later, Brian Stratton scored the winning goal for the Sunsets. Both teams were assessed 7 penalties in the game. Belmont played well enough for the win. Lucan was without the services of Brad Barclay who dressed but was unable to play because of illness. Last night the Exeter Hawks were in Lucan. The Irish will play in Exeter on Friday night then meet Belmont in Lucan on Tuesday night to close out the round robin series. Every game from here on in is a must for Lucan if they are to make the finals. et 1,4 LLERT Obre and Jeff Darling with singles. Jim Webb and Howard Schenk got the Panther goals. Standings W L T Pts Seals 12 0 2 26 Blues 8 3 3 1.9 Panthers 4 10 0 Boston 1 12 1 3 This Saturday there will only be Novice houseleague and the mites and squirts because of the figure skating carnival. Games this week 9-10 Boston vs Black Hawks' 10-11 •Canucks vs Road Runners 11-1 Squirts vs Mites §aturday March 6 Minor Hockey Day will be held in Exeter. All players of teams in houseleague, All-stars and the No. 2 Novice, Pee Wee and Bantam teams will be playing. A tenative schedule is as follows 9-11 Novice Houspleague 11-1 Squirts & Mites 1-2 No. 2 Novice Team 2-3 No. 2 Pee Wee Team 3-4 No. 2 Bantam Team .4-6 Pee Wee houseleague 6-7 Novice 7-8 Pee Wees 8.9 Bantam 9-10 Midget Combines ready for playdowns The Zurich Combines start two playoff series next week. Wednesday night they travel to Plattsville for the first game of an ORHA round, Friday they are at home to Elora in WOAA play and Sunday, March 7 they , are at home to Plattsville. During the past week, the Combines picked up , three straight WOAA wins and dropped an exhibition tilt to the Petrolia Chiefs by a score of 7-2. They chalked up back to back wins over league leading Milverton by scores of 7-4 and 7-2. The other victory Was 10-6 over Listowel. The former district players were responsible for most of the Petrolia goals in the win over Zurich. Bill Fairbairn scored three times with Scott Burton and Craig Chapman counting one goal apiece. Fred Lamb and Paul Young each scored once for the Combines. Against 'Listowel, Dick Bedard gained a hat trick for the Zurich club with Fred Lamb and Gary Watts scoring doubles and one goal each going to John Gautreau, Bob Buchanan and Paul Young. In the 7-2 Zurich win over Milverton Fred Lamb and Bob Merner took care of all of the scoring points. Lamb fired five goals and assisted on the other two while Merner scored two and assisted on five. By MRS. WILLIAM ROHDE THAMES ROAD Fourteen members of the Happy Doubles Club enjoyed their annual bowling party. Hidden scores were won by Glen Stewart and Mrs. Allan McLennan; men's high, Donald Bray; ladies' high, Mrs. Edwin Miller, The members went to the Burkley for lunch after the games. 4-H CLUB The 4-H girls and their mothers attended the first meeting of the Hurondale V, Separates for Summer, February 15 at Thames Road Church. The leaders are Mrs. Floyd Stewart, Mrs. Harold Patterson, Mrs. Chas. Kernick. The election of officers are as follows: president, Judith Cann; vice-president, Cathy Easton; secretary, Sylvia Stewart; press reporter, Nancy Alexander. PERSONALS Joe Kernick returned to the home of his son Donald Kernick last week after being a patient in St. Joseph's Hospital, London, since Christmas Day when he fell and broke his hip. Mr. & Mrs. Jim Harris, Windsor visited recently with Mr. & Mrs. Leonard Harris. Mrs. Lloyd Ballantyne, Mrs. Ray Cann, Mrs. Mac Hodgert, Mrs. Ross Hodgert, Mrs. Edwin Postmaster passes away By MRS. FRED BOWDEN CENTRALIA OUR LIST OF SAT/SF/E0 CUSTOMERS IS ON tHE RISE, SURELY FOLKS WE MUST SATISFY Jerry Arnold & Sons ESSO HOME HEAT SERVICE AR 2 bASHWOOD 238.2649 Miller, Mrs. Stewart Miner and Mrs. William Rohde attended the fourth annual meeting of the Huron-Perth Presbyterial United Church Women at Mitchell United Church, Wednesday. Mr. & Mrs. Carl Dresser, Windsor, were weekend guests, and Mr. & Mrs. William Rowe and family, Mr. & Mrs. Bryan Wedlake and Cheri, Exeter, Mr, & Mrs. Ross Rowe and Laura Lee, Simcoe, Mr. & Mrs. Wayne Rowe were Sunday guests with Mr. & Mrs. Harold Rowe and Dennis. Mr. & Mrs. Glenn Jeffery, Alan and Connie visited on Sunday with Mr. & Mrs. George Kellett and family. Margaret Kernick and Paul Passmore, Guelph spent the weekend at their respective homes here. The February-March combined meeting of the UCW will be held February 25. Power sermon at Clandeboye By MRS. J. H. PATON CLANDEBOYE Last Sunday at the United Church Rev. Tupling spoke on Power. He said the power of the church is the Holy Spirit, who is Christ alive in the world today. If we believe in Him he will give its power for our own lives. ST. JAMES CHURCH At the service in St. James Church, Rev. R. „A. Carson preached on the fact that we are in a time of crisis. A crisis that may lead to disaster. He said we should submit to the judgement of God for when we do so we realize we should develop a strong seanse of truth; practice loving-kindness; seek balanced justice, and achieve a splendid righteousness. Next Sunday, the service will be at 12:30 p.m. The Sunday School will meet during the service. St. James Church cemetery board will meet Thursday at 8 p.m. in the church hall. PERSONALS J. E. Cunningham, Glencoe, visited Mrs. Omar Cunningham and Mr. & Mrs. Roy Cunningham, Sunday. Mr. & Mrs. Max Bloye and Susan visited Mr. & Mrs. Harry Murless, and other friends, Mrs. Wm. Campbell and Mrs. W. Campbell, Sunday. Mr. & Mrs. Wilfred Cunningham entertained their grandchildren, Kimberley, Tracey and' Jill, over the weekend. They are the daughters of Mr. & Mrs. Joe Cunningham, London. Mr. & Mrs. Clarence Milison were entertained by their family Mr. & Mrs. Ralph Milison, Sunday in London. Mr. & Mrs. Arnold Blake entertained Mr. & Mrs. Wayne Ridick, Mrs. Bill Murphy, Billy and Sharon of Sarnia, recently. Paul Hodgins, Danny Hardy and Cathy Stilson were among the Grade VIII students from McGillivray Central School who visited Toronto last week. Mr. & Mrs. Carlyle Carter, Jim, Steven and Wayne visited Mr, & Mrs. Mervin Carter, Sunday. Mr. & Mrs. Wilfred Logan, Thorndale, visited Mrs. Paton, Sun day. Exclusive Healing Substance Relieves Pain As It Shrinks' Hainorrboids. If you want satisfactory relief from 'Itching Piles'-here's good news. A renowned research laboratory has found a unique healing substance that promptly relieves the burning itch and pain-actually heitiorthoids. 'Phis substance has • been shown to produce a most effec- tive rate of healing. Its geritekilline properties also help prevent infection. In case after case "very striking improvement" Was noted, even among cases of long standing. And this improvement was maintained over a period of moethsl This was Accomplished by n new healing substance (Bio-Dyne)- Which quickly helps heal injured tells and stimulate growth, of neW tissue. Now 1310-Dyne is offered in ointment and suppository form a Called Preparation -"II". Ask for it at all (keg stores--satisfaction or Money refunded. Finkbeiner attends Arabic n meeting Exeter Arabian home cnthusiast Dalton Finkbeiner cortibieed business with pleasure during a recent trip .14? ttSdale, Arizona. ,F1r) kbpirm .attended the Annual directors meeting of the International Arabian Homo Association, As one of only two Canadian elirectoee, of the .group, he is in the second year of a three year term. The other Canadian on the board •of directors is Dr. Gordon ]Muzak, Edmonton. One business item on the agenda, was selecting the site for the National Arabian. show, Edmonton is expected to make application for the 1973..74 shows, Finkbeiner said he hoped to get this show for the Royal Winter Fair grounds in Toronto sometime in the near future. One of the main requisites needed is to be able to make at least 1,000 box stalls available. While in Scottsdale, which is near Phoenix, Finkbeiner attended an Arabian horse sale, . He reports that 27 head sold for an average price of $20,200. To: The Members of Council, and Ratepayers of the Corporation of the Township of Hay have examined the 1970 financial statements of the Corporation of the Township of Hay and its local boards, which are listed on the attached Index. My examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as 1 considered necessary in the circumstances. In my opinion these financial statements present fairly the financial position of the Corporation of the Township of Hay and its local boards as at December 31st, 1970, 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. Goderich, Ontario February 9, 1971 Licence Number 3859 A. M. Harper Statement of Revenue and Expenditure for the year ended December 31, 1970 REVENUE 1970 1969 $ $ Taxation 312,797 285,307 Contributions from other governments 132,740 118,621 Other 10,198 11,430 Total revenue 455,735 415,358 EXPENDITURE Protection to persons and property 4,198 Sanitation and waste removal 476. General government 16,910 Public works 163,949 152,503 16,987 4,916 374 Social and family services 5,030 3,862 Recreation and community services 305 825 Community planning and development 277 4,107 Financial expenses 15,686 11,884 Education 167,236 142,470 County - share of expenditure 72,732 75,986 Other 3,329 3,439 : Tcltal expenditure . , Excess of revenue over expenditure for the year (Excess of expenditure over revenue for the year) (1,995) Surplus (deficit) at the beginning of the year 5,035 7,030 Surplus (deficit) at the end of the year 10,642 Statement of Capital Fund Operations for the year ended December 31, 1970 1970 $ Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year CAPITAL OUTLAY Capital expenditure General government Public works Community planning and development Other - Tile Drainage Program Transfers to others Total capital outlay CAPITAL FINANCING Long term liabilities incurred Contributions from the revenue fund for capital expenditure Total capital financing Unfinanced capital outlay (Unexpended capital financing) at the end of the year Consolidated Balance Sheet as at December 31, 1970 ASSETS 1970 1969 $ $ Cash 29,773 27,845 Accounts receivable 40,404 64,269 Taxes receivable , 60,355 34,844 Other current assets 63 63 ----- Total current assets 130,595 127,021 Capital outlay to be recovered in future years 565,703 879,901 Total assets 696,2981,006,922 LIABILITIES Temporary loans 10,900 Other current liabilit▪ ies Accounts payable and accrued liabilities , . , 12,164 6,624 5,066 4 33,790 28.130 40,418 Total current liabilities 566,983 881,132 Net long term liabilities 90,543 80,317 Reserves and reserve funds 10,642 5,035 Unappropriated balances 696,298.1,006,922 Total liabilities ..4 44 4444,44 Notes to Financial Statements 1. Charges for net long term liabilities Total charges for the year for net long term liabilities were as follows: Principal payments ...... .. .... „ $44,929 Interest ....... 4 4.44 44 • .6 V*...“00 .0 .... 0 30.53$ Of the total charges shown above, an amount of $32,132 was paid from the general revenues of the'municipality and is included in expenditure, Classified tinder the appropriate headings. An amount of $43,332 was recovered from Hay Municipal 'telephone System, for which The related iset long teen liability was incurred. Basis of consolidetion The Consolidated flalance Sheet reflects the assets and liabilities of the revenue fund, the capital fund and all reserve funds of the municipality, Trust: fund assets administered by the municipality anotteting to $581 and the assets and liabilities of the local boards have not been consolidated, Centralia mourns the loss of a public servant with the passing of Ray Lammie, village postmaster over a period of years. MESSENGERS MEET The February meeting of the Messengers was held Sunday morning in the schoolroom of the church during the church service. Pearl Buswell gave two Bible readings and the story "The Neglected Garden" was told by Mrs. Harvey Smith. Plans were made for a skating party to be held this coming Sunday afternoon at the Huron Park Arena. Boys and girls are requested to meet at the church at 1:30 and transportation will be provided. Out of the proceeds from the sale of Christmas cards the group contributed $20.00 to the current expenses of the church and $40.00 to the mission and service fund. PERSONALS Murray Abbott accompanied Mr. & Mrs. Don Abbott of Lucan to Varna Sunday where they were guests with Mr. & Mrs, David Turner. Mrs. Turner was entertaining in honour of her grandfather who was celebrating a birthday. Mr. Abbott was feted again on Monday at the home of his daughter and son-in-law, Mr. & Mrs. James Mugford, Lucari, Mr. & Mrs. Mervin Elston were guests also. Dan Shoebottom, a student at the Sir Sanford Fleming College in Lindsay was a weekend visitor with his parents, Mr. & Mrs. Ray Shoebottom. Mr. & Mrs. Harvey Smith and Penny were Saturday evening visitors with Mr. & Mrs. Don Smith and family in Lucan. Mr. & Mrs. Cliff Abbott of Lucen were Sunday visitors with Mrs. Clara Abbott. Burning Rectal Itch Relieved In Minutes 450,128 417,353 1,230 5,035 1969 $ 1,183 402 24,990 3,750- 33,800 49,000 49 47 59,241 52,797 33,800 49,000 25,392 3,750 (59,192) (52,750) 1,279 1,230 67,960 68,504 64,612 3,500 3,928 2,862 375 289 235 131,200 132,123 118,024 131,800 132,740 118,621. ..11,1111.11••••••11Y TOWNSHIP of HAY AUDITOR'S REPORT Subsidies - Ontario - General Per capita 9,645 9,645 9,645 Residential property tax reduction 49,720 49,757 40,670 Specific: Roadways General welfare assistance 5,607 Warble fly ii,cauma **J. 44.4.4_.,. **,46 4 44.4 W.** 4444..::.-141- 4.4* .44444 46*444 ai**14 44,. All.11111.111.1.111".1