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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1971-06-30, Page 14t ti., a ST, PATRICK'S GRADUATES -- The annual grade eight graduation was held Tuesday night at St. Patrick's Separate school, near .Lucan. Back, left, Nancy Murphy, Helen Sentjens, Joe Mitchell, Kevin O'Shea, David Crane, Robby Gimminek and Anne Heenan. Centre, Mary-Jane Martens, Nellie Timmermins, Jeff De Brouwer, Martin Vander Loo, Tim Fortner, Randy Harrigan and Nancy Ryan. Front, Joanne Vereyken, Marianne Van Gelderen, John Thivierge, Mark Siefried, Peter Duel*, Joan Toonders and Mary Gysbers Absent Maggie Biemans, Joanne Von Leishout and Leonard Duynisveld. T-A photo Lucan Correspondent: Mrs. Frances.$ewai.d. Phone 227-4517 Revenue Fund Balance Sheet AS AT DECEMBER 31, 1970 EXHIBIT "A" (with comparative figures for the previous year) (to the nearest hundred) ASSETS Elementary Cash on hand and in bank $ 50.6 Accounts receivable: Local taxation - Secondary 1970 1969 $ 26.1 $ 76.7 $ 1.9 LIABILITIES Elementary Secondary 1970 1969 Bank overdraft $ - $ - $344.7 Accounts payable: Underlevies (net) 80.4 Local governments - Other 19.9 28.0 47.9 27 .8 Overlevies (net) . . . 86.5 357.4 443.9 Other school boards 2.4 122.1 124.5 89.5 Other school boards - tuition Government of Ontario note 1 0.4 25.6 26.0 251.8 General legislative - Other 11.6 grant 67.5 169.8 237.3 313.0 Municipalities 57.7 Canada pension plan 4.8 4.5 9.3 12.8 Trade accounts 14.4 9.0 23.4 106.7 Education mill rate Accrued salaries 4.6 3.6 8.2 subsidy 241.8 241.8 436.8 Payroll deductions 18.9 12.4 31.3 12.9 Cost of education 2.2 2.2 Surplus (deficit) - note 5 406.8 (167.6) 239.2 239.2 Government of Canada 20.7 1.2 21.9 $531.6 $240.4 $772.0 $1,024.6 Other 4.3 3.9 8,2 3,4 Prepaid expenses 0.7 4.1 4.8 Due from (to) other funds: Capital (49.0) General 157.8 36.3 (157.8) (12.7) 38.8 APPROVED T.G. LLOYD Chairman of the Board Other assets 10.1 10.1 20.2 J.A. GUMMOW $531.6 $240.4 $772.0$1,024.6 June 7, 1971 Secretary-Treasurer SOURCE OF FUNDS: Capital expenditures from revenue APPLICATION OF FUNDS: Adjustment for Federal Sales Tax Refund Purchase of Fixed Assets Buildings Furniture and Equipment School Sites and Improvements Other DECREASE IN FUNDS: Unexpended funds, beginning of year Funds not permanently financed, beginning of year Unexpended funds, end of year Funds not permanently financed, end of year $ 371.5 $ 344.0 1.2 6,028.7 5,134,4 183.2 130.0 6.1 28.5 687.0 613.0 155.0 41.7 1,238.4 1,117.9 1,154.0 1,340.5 27.4 25.8 8.8 1.7 1,088.6 1,057.1 1.3 0.9 $10,950.0 $9,836.7 EXPENDITURE: Business administration $ 246.0 $ 125.5 Computer service Instruction 3,167.0 2,861.7 Educational services 106.0 77.2 Attendance, health and food services 2.9 3.2 Plant operation 413.6 273.4 Plant maintenance 95,1 59.9 Transportation 691.8 546.6 Tuition fees - note 2 1.6 1,152.4 Capital expenditure (non-allocable) 27.4 Other operating expenditures 5.8 3.0 Debt charges 800.6 288.0 Non-operating expenditures 0.4 0.9 $5,530.8 $5,419.2 Capital (Building) Fund Balance Sheet AS AT DECEMBER 31, 1970 (with comparative figures for the previous year) (to the nearest hundred) ASSETS CURRENT ASSETS: Elementary Secondary 1970 1969 Due from Revenue Fund $ 103,8 $ 0,1 $ 103.9 $ Accounts receivable .... 0,6 0.6 119.8 104,4 0.1 104,5 FIXED ASSETS: (at cost - note 4) • Land 276,5 35.1 311.6 Buildings 7,583.2 7,040,7 14,623.9 Furniture &equipnient 765,8 1,244,6 2,010.4 Other ..... 13.0 91.6 104.6 Projects in progress .. 826,8 82.3 850.1 Buses 9,465.8 8,444.3 17,900.6 9,569,7 8,444.4 18,014,1 119.8 299,6 14,614.1 1,882.3 9'7.4 826.8 59.3 17,779.5 17,899.3 Local native WI members dies in north host 4-H girls Members of Lucan Women's Institute invited members of the 4-H group, to a picnic in the Lions Park, Tuesday. There were 32 present including 8 4-H members and 7 of their mothers, The girls gave a fashion show of their dresses and jackets they had made at a recent course. After a pot luck picnic supper the members of the WI held a short meeting. After some discussion it was decided to make enquiries about a "Supper is Served" program in the near future. Auditors' Report In our opinion, these financial statements present fairly the financial position of the Board as at December 31, 1970 and the results of its operations and the Source and Application of its Capital Funds for the year then ended in accordance with accounting principles generally accepted for Ontario School Boards applied on a basis consistent with that of the preceding year, WELSH, WARREN, DAVIS & CO, Chartered Accountants London, Ontario, Licence Number 3903 May 18, 1971. Revenue Fund Statement of Revenue and Expenditure FOR THE YEAR ENDED DECEMBER 31, 1970 (with comparative figures for the previous year) (to the nearest hundred) REVENUE: Elementary Secondary 1970 1969 Local taxation: Requisition - note 3 $1,819.6 $1,981.0 $ 3,800.6 $3,717.0 Supplementary taxes 22.1 27.8 49.9 70.0 Licence fees for trailers 4.3 5.8 10.1 Other school boards 9.8 207.6 217.4 231.4 Hold discussion about barbecue The evening unit of the UCW of Lucan United Church was held in the C. E. building last Tuesday with eight members in at- tendance. The worship service was conducted by Mrs. A, E. Reilly and Mrs. Ed. Melanson. An evaluation discussion was led by the leader, Mrs. Frances Saward on the chicken barbecue. Arrangements were made for a booth at the Chown auction. Lunch was served by Mrs. Reilly and Mrs. Melanson. Mrs. Eldon Young and Mrs. H. B. Langford will convene the next meeting in September. Perdoofed4 Ivan Needham underwent another operation in St. Joseph's Hospital last Friday. Mr. & Mrs. Terri Culbert and family have returned from a few days vacation. Mrs, F. A, Roulston of Exeter formerly of Lucan is now a resident at the McCormick Home, Mr. & Mrs. Lawrence Grose of Tillsonburg were recent visitors with Miss Lina Abbott. Mrs. Alex Young is now in extendacare on Waterloo St. London, Mr. & Mrs. Ken Allen of London visited Mrs. Marion Cochrane for the weekend Bill Cochrane is spending the summer months with his uncle Roy Davidson at Lake Charles. A family gathering was held to celebrate the birthday of Mrs. Eldon Hodgson at the family farm on Concession 4 McGillivray, now the home of her grandson, Wesley, last Sunday. Mrs. Burns Smith has returned Cora M. Short, wife of the late Gordon Banting of Lucan, died at Kagawong, Manitoulin Island, June 24, 1971 in her 84th year, She is survived by sons Carl G. of Kagawong and Elmer T. of Ottawa, and daughters Mrs. Harold (Muriel) Cobleigh of London Twp. and Mrs, William (Verna) Killam of Newmarket, a sister Mrs, Pearl Paton of London, two brothers, Norman and Roy Short of Cleveland, Ohio. She is also survived by 12 grandchildren and one great- grandchild. The body rested at the Murdy Funeral Home, Lucan, after Saturday, where funeral service was conducted by Rev. Susan Sunshiners enjoy trip Members of the Sunshine Club and some friends took an en- joyable bus trip last Thursday. They toured the Stratford-St, Marys district, stopping at places of h?terest on the way. One stop was made at the Rothman Art Gallery at Stratford which was interesting, especially the show of costumes of the Shakespearean period. Another stop was made at•the Stratford Theatre and the senior citizens enjoyed walking through the grounds and by the river. Supper was taken at the Pine Crest 'Inn, and then home to Lucan about 6 p.m. home after spending the past week with W. G. Crandon at his home at Strathroy SS awards, bars are presented The AYM met last Monday and decided to meet three times in July. July 7, they are holding a swimming party at Morrison Dam, July 11, they will attend the 8 a,m. Holy Communion and breakfast afterward, and July 21 they are planning a hay ride. Last Sunday the Sunday School awards were presented as follows: bronze, Patty and Eleanor Carson, Steven Glenn, Karen Radcliffe; silver, Jean Barker, David Gilmour, Joanne Hodgins, Liza and Lora McKenzie, Cheryl Noyes; gold, Paul Gilmour, Jeff and Lori Shipley. Four-year bar, Tim Culbert, Ron Glenn, Robin Kraul, Donna Hodgins, Ferlin and Faron Sovereign. five-year bar, John Henderson, Kevin Gilmour; six- year bar, Wendy Kraul, Cheryl Hardy, seven-year bar, Karen Henderson, nine-year bar, Bill Carson, Holly Elson, tenth-year bar, Bill Henderson. Also presented at the service were the League of Loyalty awards; first-year, Lori and Jeff Shipley, Patty and Eleanor Carson; second-year, Wendy Kraul; fifth-year, Tim Culbert, John Henderson; eight-year, Cheryl Hardy, Holly Elson, ninth-year, Karen Henderson. THE MIDDLESEX COUNTY BOARD OF EDUCATION FINANCIAL REPORT; 1970 Or To: The Supporters of The Middlesex County Board of Education, We have examined the Revenue Fund and Capital (Building) Fund Balance Sheets of The Middlesex County Board of Education as at December 31, 1970 and the Statements of Revenue Fund Revenue, and Expenditure and Source and Application of Capital Funds 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. Village of Lucan notice to property owners to Destroy Noxious Weeds Notice is hereby given to all persons in possession of land in accordance with the weed control act 1960 - Sections 3, 13, and 19 and amendments thereto that unless noxious weeds growing on their lands within the village of Lucan are destroyed by the date of July 15, 1971 and throughout the season the municipality may enter upon the said land and have the weeds destroyed charging the cost against the land in taxes and set out in the act. The cooperation of all citizens is earnestly solicited. M. L. Gibson Clerk - Village of Lucan Seymour, Monday, June 28. interment was in Ebenezer cemetery, McGillivray Town- ship. Government of Ontario: General legislative grants Education mill rate subsidy French language grant Canada pension plan recoverable Practice teachers Government of Canada Individuals Other 3,301.0 3,122.2 6,423.2 5,235.7 241.8 241.8 436.8 3.8 12.5 16.3 31.8 22.1 53.9 51.3 0.7 0.7 8.4 57.0 2.5 59.5 72.9 12.4 6.9 19.3 9.0 26.5 30.8 57.3 4.2 Statement of Source and Application of Capital Funds FOR THE YEAR ENDED DECEMBER 31, 1970 (to the nearest hundred), $5,530.8 $5,419.2 $10,950.0 $9,836.7 Elementary $ 54.0 9,9 Secondary $ 80.6 Total $134.6 9.9 (.2) 32.3 32.1 60.1 68.6 128.7 12.0 12.0 7.3 7.3 77.1 112.9 190.0 4 $ 23.1 $ 32.3 $ 55.4 $72.0 $ - 72.4 48.9 40,1 sh $23.1 $ 32.3 Notes to the Financial Statements AS AT DECEMBER 31, 1970 LIABILITIES AND NET INVESTMENT Elementary Secondary 1970 1969 CURRENT LIAtILITIES: Due to Revenue Fund $ 54.8 $ 86.5 $ 91.3 $ 38,8 Accounts payable 12,9 54.8 UNMATURED DEBENTURE DEBT . . . . . 6.293.1 5,347.0 1,810.3 7,158,2 7,747.9 INVESTMENT IN FIXED ASSETS . 4,221,8 6,684.1 10,85$,9 10,151,4 9,569.1 8,444.4 18,014.1 17,890.3 1. Tuition fees payable to other boards are based on the estimates made by those boards in their 1970 invoices. The final invoices were not available when the financial statements were prepared, therefore it, is impossible to indicate the effect On the Statement of Expenditure for tuition fee cogs, 2. Subsequent to the preparation of the 1969 financial statements the board received a credit for 1969 tuition fees from the London Board of Education of $90,114.00. This amount was applied against the 1970 tuition fee expenditure. 3, The requisition for local taxation represents the actual 1070 requisition less the accumulated over requisition (net) for 1969 and 1070. 4, The financial statements for the North and East Middlesex District High School Boards at December 31, 1968 did not provide for the cost of land, buildings, furniture and equipment. In accordance with the instructions from the Ontario Department of Education, the Board estimated these values as follows: North Middlesex District High School $ 1,000 784,000 125,000 These estimates have been included in the Capital (Building) Fund Balance Sheet December 31, 1069 and as at December 81, 5. The surplus (deficit) as reported on Exhibit "A" represents the net surplus, deficits and reserves of the former school boards at January 1, 1969. 36.5 91.3 51.7 1,713.8 7,066.9 _7,696.2 Land Buildings Furniture and equipment East Middlesex District High School $ 9,000 2,597,000 475,000 fixed assets of the (secondary) as at 1970,