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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1973-02-22, Page 8To set a man apart Warren K. Cook has been Canada's leading tailoring firm for almost 50 years and our clothes are recognized without question as the finest custom tailored clothes in Canada. ORDER NOW FOR SPRING George Vriese *IcTfre MAIN STREET The Store With The Stock EXETER RgaRORgRIR R WHAT DO YOU ASK US ABOUT MOST? It is no secret that our customers frequent- ly ask our advice about many of the health products that we regularly sell in our pharmacy that require no prescription. And, it is also established of course, that we recommend a person see their physician for all but the most simple ailments, The products that we are mos', often asked to recommend are, in order of frequency, as follows. 1. Cold remedies 2. Cough relief products 3. Vitamins 4. Analgesics G. Antacid & Indigestion items 5. First aid antiseptics 7. Antidiarrheals R 8. Laxatives S. Suntan & Sunburn Lotion 10. Acne products 11. Athlete's Foot products 12. Eye preparations 13. Feminine Hygiene products 14. Vaporizers & Humidifiers 15. Heating pads Naturally, we carry a complete stock to fulfill all your needs. R Bob Middleton, PhmB Stan Harrell, PhmB L TON Drugs ed.x.A.ip. PHONE 235-1570 EXETER ark, R-O.RgR‘TRORgR,VR, R 1•1111111.111.11.1111.15 TOWNSHIP OF HAY AUDITOR'S REPORT,-1972 TO: The Members of Council, and Ratepayers of the Corporation of the Township of Hay. I have examined the 1972 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 I considered necessary in the circumstances. In my opinion these financial statements present fairly the financ- ial position of the Corporation of the Township of Hay and its local boards as at December 31st, 1972, and the results of their operations for the year then ended, in accordance with accounting principles generally accepted for Ontario municipalities applied bn a basis consistent with that of the preceding year. Goderich, Ontario January 31, 1973 Licence Number 4223 A.M. Harper 3.NET LONG TERM LIABILITIES Total long term liabilities incurred by the municipality and out- standing at the end of the year amount to 844,680 Of the long term liabilities shown above, the responsibility for payment of principal and interest charges has been assu- med by the Huron County Board of Education for a principal amount of 265,880 Net long term liabilities at the end of the year $578,800 4, CAPITAL OUTLAY 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 benefitting landowners Municipal enterprises - Hay Municipal Telephone System 237,800 341,000 SfTT,T10, STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1972 ANALYSIS OP REVENUE for the year ended December 31, 1972 1972 1971 $ $ 1972 Budget 1972 1971 Actual Actual $ $ Accumulated net (deficit) at the beginning of the year (6,322) 10,642 EXPENDITURE Taxation Realty- Residential and farm Commercial and industrial 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 Education Region or county - share of expenditure Other 326,353 293,110 16,265 15,129 347,621 342,618 308,239 6,155 5,748 40,591 40,591 34,795 388,212 389,364 348,782 Business Special charges 19,707 6,141 162,339 5,451 4,793 646 427 11,005 167,389 78,843 4,464 461,205 569 600 Contributions from other governments Payments in. lieu of taxes Ontario -569. 23,473 11,755 178,047 6,212 95 466 509 1,308 170,800 84,401 3,430 480,496 666 066 GOO 9,835 REVENUE Taxation Contributions from other governments Other 07,900 348,782 79,895 15,564 444,241 Subsidies - Ontario - General Per capita Provincial municipal employment incentive program-1971-72 Specific- Roadways General welfare assistance Warble fly 389,364 83,037 12,091 484,492 77,735 9,783 9,645 1,650 1,2.15 70,800 64,704 69 3,582 150 82,371 79,326 Accumulated net revenue (deficit) at the end of the year Analysed as follows: General revenue Municipalities (2,326) (6,322) 78,335 83,037 79,895 (2,326) (6,322) STATEMENT OF CAPITAL FUND OPERATIONS for the year ended December 31, 1972 1972 1971 $ $ Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year 1,330 1,279 Other Revenue Licenses and permits 1,500 2,232 1,293 Rents, concessions and franchises 1,200 1,006 1,101 Penalties and interest on taxes 6,000 6,545 6,417 Provision for deferred revenue 18 5,065 Taxes written off recovered 300 665 224 Discount on county rates 1,000 1,196 1,068 Sundry interest 309 Sundry 500 429 87 10,500 12,097 15:564 Total Revenue 477,047 484,492 444,241 CAPITAL OUTLAY General government Protection to persons and property Public works Transfers to others 307 1,710 12,547 46,500 60,757 66,951 67,258 ANALYSIS OF EXPENDITURE for the year ended December 31, 1972 CAPITAL FINANCING Long term liabilities incurred Contributions from the revenue fund Other 1971 Actual 1972 Actual 1972 Budget $ 46,500 66,900 14,257 , 307 563 61,320 67,207 2,991 16,568 148 19,707 3,200 18,000 1,000 22,200 Unfinanced capital outlay (Unexpended capital financing) at the end of the year 3,818 18,435 1,220 3,473 General government Members of council General administration Unclassified 767 1,330 CONSOLIDATED BALANCE SHEET as at December 31, 1972 Protection to persons and property Fire Protective inspections Street lighting Unclassified ASSETS 4,000 5,272 4,048 75 71 78 21 6,179 6,391 2,015 10,254 11,.756 6,141. Cash Accounts receivable Taxes receivable Other current assets 132,200 Public works Roadways Drainage Unclassified 40,591 1972 1971 $ $ 49,.392 24,591 86,417 74,294 60,193 58,895 16 63 196,018 157,843 17-2,791 134,476 2,980 40,591 178,047 123,064 5,580 34,795 162,330 Capital outlay to be recovered in future years Sanitation and waste removal Garbage collection and disposal 578,033 584,637 774,051 742,480, 6,000 6 ,212 6,000 .414 LIABILITIES Social and family services General assistance Unclassified DS Si; Temporary loans Accounts payable and accrued liabilities Other current liabilities 4,698 95 4.7`93 39,112 52,581 57,915 9,726 2 97,027 62,309 578,800 585,968 100,550 100,525 Recreation and community services Parks and reereation Net long term liabilities Reserves and reserve funds Accumulated net revenue (deficit) and unapplied capital receipts 646 460 . . 4 _ -66 500 646 (2,326) (6,322) 774,051 742,480 Imp 520 SOUS TO FINANCIAL STATEMENTS I.CHARGES FOR NET LONe TERM LIABILITIES Total charges fur the year for net long term liabilities were as follows: Principal payments Interest payments 135 9 283 427 CoMmunity planning and development Planning and zoning Industrial development Unclassified A65. 53,668 29,375 $,_83,043 Of the total chargui shown above, $40,590 was paid from the revenue of the municipality and is included in expenditure, classified under the appropriate functional headings, and $42,453 was recovered from Hay Municipal Telephone System for which the related net long turn liability was incurred, 2.BASTS OF CONSOLIDATION The Consolidated Balance Sheet reflects the assets and liabilities of the revenue fund, the capitol fund and all reserve funds of the municipality. Trust fund assets administered by the municipality, amounting to $414, and the assets and liabilities of the local boards have not lout, consolidated. Fihancial expenses Interest on temporary borrowing Prevision for reserves Unclassified 300 500 300 274 10,000 1,308 731 tibo 11_,005 Education Elementary - public separate Secondary Region or county - share of expenditure Other: Police Village of Oashwood Liquor vote expense 'Petal expenditure 76,209 76,528 63,311 19,530 19,530 16,905 71,489 24.742 88.1 70 170;226 17.0T8b0" 167_ 38'1 8.1,135 _84 ,410 ?8:81 3 3,418 3,430 540 1,054, 4"R-5- .,"4"iiW 42115 22, 1973 9e 8 Times-Advocate, February Is RODEO MAKES DONATION Exeter's Midwestern Rodeo committee presented a cheque Sunday to Lon- don's Crippled Children's Treatment Centre, Shown above is Rodeo chairman Lloyd Mousseau making the presentation at the right to the Centre's chairman Ralph Duffus. At the left are George Beer of the Pineridge and Bill Brady, a director of the Centre and an honorary director of the Rodeo. T-A photo. WI sees fire alarm system Lady celebrates birthday Ladles complete sweet pea quilt Py MAKIEL CURTS GREENWAY The ladies of the Corbett community have finished quilting a gat in the sweet pea pattern and it is on display at Cbarltort's Ladies Wear, Parkhill. Evelyn Curts was guest organist Saturday Or the McArthur-Johnson wedding in Grand Bend United Church. Mr. & Mrs, Gerald Merrier and Stephen, Toronto and Gary Eagleson, Guelph Veterinary College, were weekend visitors with Mr. & Mrs. Harvey Eagleson. Sunday visitors with Mr. & Mrs. Hugh Adair and family were Mr. & Mrs. Wilmer Harrison, Goderich and Mr. & Mrs. Peter iiitermark, Lambeth, Elton Curts has returned home from St Joseph's Hospital; Helen Eagleson is still confined there; Harvey Eagleson is convalescing at his home; and Harry Isaac is also home after another short stay in Strathroy Hospital. Russell Brown has had the misfortune to dislocate his shoulder, and as a result has his arm in a sling, Mr. & Mrs. Selbourne English were Detroit visitors for a couple of days last week. By the way: When a fellow gets married, his spooning days are over, From then on, he has to fork it out. Mrs. Leo Boyle, Shelia, Mrs. Westelaken and Deborah Westelaken enjoyed the fashion show Thursday evening in Parkhill. Shelia Boyle was also in the show. Mrs. Emily Tomes who is a patient in St. Joseph's hospital expects to be home soon, By MRS. SUS EOM NTON CLANDEBOYE The Clandeboye W.I. met at the home of Mrs. J. Donaldson with 15 members and one guest an- swering roll call. Mrs. R. Williams convened the program on citizenship and world affairs with Mrs, Bruce Henry, and Mrs, Donaldson assisting her. Richard Beck, London showed slides and demonstrated the fire alarm system, "Pyre-Vox." Nancy Holland of Clandeboye 4- II club is a contestant for the dairy princess contest in the farm show, There will be a short course on "Bath and Bedrooms," presented in Clandeboye United Church March 8. Thursday evening. Demon- stration were by the St. John's Ambulance Corps. Lorne Derbyshire is a patient in St. Joseph's Hospital, London. Clare and Nathan Skinner visited Sunday with Dave, Eleanor and Janis Kestle. Ansley Neil, father of Rea Neil Clandeboye, has been moved from St, Joseph's hospital, London to South Huron Hospital in Exeter and is progressing favorably. Cindy Donaldson spent the weekend in Shipka with her sister and brother-in-law Joan and Scott Sweitzer. Carolyn and Susan Hardy enjoyed the production of "My Fair Lady" at U,W.O. theatre Thursday evening. Bill Simpson and Mr. D. Kestle attended a safety seminar for school bus drivers at Catholic Central High School in London Baptismal at Whalen By MISS ELLA MORLOCK Last Tuesday evening the Youth Fellowship of Zion. United Church held a tobogganing party at the Morrison Dam. Thursday evening Seniors of Zion United Church enjoyed a social evening in the Community Hall, arranged by Harry Schroeder, social convener of the Adult Bible Class. The Women's Institute provided a roast beef dinner, Rev, Douglas Warren offered the blessing and led a singsong Ella Morlock conducted a contest. The rest of the evening was spent playing table games. About 56 members were present. Laura Mathers visited her sister Mrs. David McLarty in the Strathroy Hospital Thursday afternoon. Mrs. McLarty is recovering from surgery. Roy Smith, making recovery at Victoria Hospital from injuries sustained in a motor accident, spent a few hours with his parents Mr. & Mrs. Alf Smith one evening last week. Lynda Haugh returned Monday to classes at the University of Western Ontario. Rev. Armin Schlenker and Mary Ellen attended anniversary services at Bridgeport United Church, Sunday. Robert Bushfield Jr. returned home from South Huron Hospital Saturday. Sunday guests with Mr. & Mrs. Keg Finkbeiner were Mr. & Mrs. j,R. Pollard, London, Mrs. Fink- beiner's brother, Wayne Sass of Waterloo, her mother and J. Ilellebuyek, Chatham. Rev. Donald Stuart, before his retirement,minister at Brucefield United Church conducted the morning service in Zion United Church Sunday, bringing a message on social justice from the Book of Amos. Newspaper reading is a daily habit in households at all income levels, Audits & Surveys research shows. The rate ranges from 95 percent of households with in- come over $10,000 annually to 86 percent of households in the $3,000-$5,006 income bracket. Personals Aggie Northgrave celebrated her 86th birthday on Friday with good wishes from many friends and neighbours. Mrs. C. Coughlin, Kathy and Karen attended the Fashion Show at Parkhill High school. Kathy participated in it. 1111111111=INIF By MRS. HAMILTON HODGINS WHALEN Mr. & Mrs. Cleve Pullman visited Sunday with Sam Giles, RR 1, St. Marys. Tecia Louise, baby daughter of Mr. & Mrs. Allan Hodgins was baptized on Sunday, following the service Mr. & Mrs. Hodgins entertained the Hodgins and Gee families at dinner, Jeffrey Betteridge, St. Marys spent the weekend with his grandparents, Mr. & Mrs. Gordon Johnson, Visitors on Sunday with Mr. & Mrs. Alton Neil were Mr. & Mrs. Rae Adams, Ailsa Craig and Mr. & Mrs. Chas. Rollings, Centralia. Mr. & Mrs. Bruce Wallis and family, London were Sunday visitors with Mr. & Mrs. Alton Wallis. Father McGee, Windsor a former resident of Whalen celebrates his 50th year in the priesthood this week. Mr. & Mrs. Gerald Wallis were Sunday dinner guests with Mr. & Mrs. Jack Switzer, Kirkton. Mr. & Mrs. Gerald Hern were Friday night guests with Mr, & Mrs. Bob Spence when Omand Spence, Atwood celebrated his birthday. Mr. & Mrs, Bill Morley visited with Mr. & Mrs. Bill Brock, Exeter Sunday evening, Se% eral from the community spent Sunday at the Pineridge Chalet at the Crippled Children's day. Mrs. Ethel Squire, Granton, a former Whalen resident held a Valentine dinner party Wed- nesday evening in the Foresters Hall, Granton for several friends and her family. Those attending from the community were Mrs. Margery Morley, Mr. & Mrs. Allan Hodgins, Mr. & Mrs, Gordon Hodgins and Mr. & Mrs. Norman Hodgins. Mr, & Mrs, Hamilton Hodgins visited with Mr. & Mrs. Fred Mardlin, Wesley on Sunday evening to celebrate Lisa Mar- dlin's first birthday. ALL 1973 Models Now Available From lt's Delicious Fun British Leyland Including The 1973 Austin Mini and the 1973 Marinas SEE THEM NOW A glass of milk is so good, it's like having a party every time you drink one, It's so cool and refreshing, so good for you . just like all milk products, Hove a party today! Phone 235-2144 8xe-ter South End Service EXETER 235-2322 Open Evenings By Appointment i.