The Exeter Times-Advocate, 1974-07-11, Page 13PFAFF
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IN EVERY AISLE
%INC
SCHNEIDER'S BY- THE,- PIECE BONELESS
Sirloin Steak LB $1.79
COUNTRY STYLE
Pork Ribs LB 99'
BY-THE-PIECE
Slab Bacon LB 79c
Bologna LB 79'
OUR OWN LB
Country Sausage 89'
STORE SLICED
COOKED 2 1/2 to.3 1/2 LBS Cooked Ham LB $1.49
Swifts WeinersLB79' Dinner Ham LB 9.29
WATERMELON U.S. NO.1 EA $1.27
U S. NO 1
TOMSAN ES I PEACHES
2 LBS..854
SANTA ROSA
PLUMS
SILVERWOOD I S DELUXE
2/894
LB 83$
Ice Cream PINTS
Butter CANADA NO1
Coffee MAXWELL HOUSE
1 8AG8
O $1.09
Lemonade wiff 2/04
99$
X1.45
2/894
ESSEX 14 Oz
Corn Beef Hash
S. 500's
Aspirin Tablets
OLD SOUTI I
Orange Juice 12 oz
wit oiston TM WO 10 L8119 WRIT*
THE TENDER SPOT
PHONE 2382512 GRAiND REND
4. I
few,414 foreeg94
4 JAck RIDDELL m.p.p-,
• Plan paymOnts..
Since 1965 khevoak.of living has
increased 55 percent while the
WorkMen'a •Compensation
Amendment AO will .onlygive an
injured worker who went on
pension in 1965, a 22 percept in-
crease - to cover rising Pest*.
July 11, 1974 • Po 13
well-paid generally high riark
Industries.
The new Workmen's Cum-
pensation Amendment Mt was
well intentionedhOtthe proVisioOs
of the act are inadequate.
Increased benefits are the right
of every worker in Ontario.
lasting effect on the financial
future of the workman.
The increased clothing
allowance is still woefully
Inadequate and the $12,90o
Maximum ceiling ahnUld be
removed entirely as it only
serves to Penalize the workers in
be taken care of for the injured
workman.
Independent medical advice
should be available to any
jured workman. We must move
away from maintaining,a staff of
doctors whp work for the Board
and whose opinions have such
The act also should have
provided for a continuation of
Canada Pension Plan Parnente
for the Injured workman an
arrangement could be made with
the federal government. QHfP
Payments and unemployment
insurance payments should also
The Huron County Board of. Education
allowance for the repair or
replacement of clothing worn or
damaged by reason of wearing an
artificial limb.
This act was passed only after
a long and tiring ten hours of
debate in the Legislature. All
Liberal members who spoke,
expressed disappointment with
the inadequate provisions of the
bill.
The increase in pensions which
the government granted were
minimal. The Liberal caucus feel
that workmen's compensation
penSions must be directly in-
dexed to the cost of living -
anything else is unacceptable.
The federal government has
taltenthis *pin the provision of
old age security and the income
supplement and Canada Pension
For the year ended December 31st, 1973
Auditor's Report
July 1, 1974 increased workmen's
compensatipn pensions by a
maximum of 60 percent based on
the following formula;
Pensions of those whe became
eligible for disability pensions
during 1973 will be increased by 4
Percent;
For those who became eligible
for penaions in 1972, their pen-
sions will be adjusted by 8 per-
cent;
For those who became eligible
for pensions in 1971, their pen-
sions will be raised by 10 percent
and for each further year a
person has been eligible for a
disability pension prior to
January 1, 1971 that pension will
be Increised by an additional 2
percent per year to a maximum
60 percent increase.
The legislation also:
1) Increased the earnings
ceiling for the calculation of
benefits from $10,000 to $12,000.
2) increased the minimumn
total perthanent disability
pension and .widow's allowance
from $250 to $260.
3) provided for the continuation
of full benefits to partially
disabled workmen who are
unable to find suitable em-
ployment as long as that work-
man is seeking employment or
accepting whatever training
which the Board deems ad-
visable.
4) eliminated the requirement
that a dependant's pension not
exceed the deceased's earnings.
5) ensured that the pension to a
permanently totally disabled
workman will never be less than
the pension which would be
payable to his dependents if he
died.
6) increased the clothing
In my opinion these Financial Statements present fairly the
financial position of the Board as at December 31, 1973 and the
results of its operations and the source and application of its capital
funds for the year then ended, in accordance with accounting prin-
ciples generally accepted for Ontario school boards applied on a
basis consistent with that of the preceding year.
A, M. HARPER.
Municipal Auditor-4440
A three car mishap was one of
three accidents investigated this
week by officers of the Ontario
Provincial Police detachment at
Lucan.
Sunday vehicles driven by
Randy Arthur Goforth, Karl
Heinz Koehler and Rudi Mikler,
all of Stratford were in collision
on Highway 7, west of the
Thames River bridge,
Constable D. R. Vance in-
vestigated and listed damages at
$700.
Friday, Constable Vance
estimated damages at $500 when
vehicles driven by Jessie Pearl
Ellis, St. Clair, Michigan and
Joseph David Palsa, Hensall
collided. The accident occurred
on Highway 7 at Elginfield.
The third accident of the week
involved vehicles driven by
Donald Shipway, Ailsa Craig and
John Wibniga, RR 3 Lucan,
The mishap occurred at 8:50
a.m. Tuesday on Highway 4 at the
easterly limits of Lucan and
Constable J. Craig set damages
at $10.
•
NOTE:
(1) Other Revenue includes transfers from the capital fund, proceeds
from the sale of assets, insurance claims, earnings on temporary
investments, reimbursement for services and other miscellaneous
items that are in the nature of recovery of expenditure.
(2) Local Taxation includes the total of the 1973 requisitions on muni-
cipalities, supplementary taxes, license fees for trailers, taxes
levied directly by school boards, and any other amounts provided
by municipalities over and above the requisition, other than
accounts in respect of sale of assets to a Municipality or revenue
from shared cost programs.
REVENUE FUND
Statement of Operations
Current Assets Revenue
Fund
Capital
Fund
Cash i $ 85,403 $ 26,921
Accounts Receivable:
Municipalities:
Under-requisitions 30,292
Other School Boards 100,775
Government of Ontario 445,183 1,993
Other 7,273
Due from Other, Funds:
Capital 4,572
Prepaid Expenses 84,697
TOTAL CURRENT ASSETS $ 758,195 28,914
Fixed Assets
Land 359,182
Buildings / 21,336,450
Furniture and Equipment 2,308,542 •
Buses 537,049
$ 758,195 $24,660,137
An act to amend the Work-
men's Compensation Act
received third reading and Royal
Assent on June 28, the last day of
the Session.
The 'Minister of Labour, the
Honourable John MacBeth in-
troduced the Workmen's Com-
pensation Amendment Act on
June 21, Many of the ,Changes
proposed in the act were based on
the recommendations of the task
force on workmen's com-
pensation which reported to the
Legislature last fall.
The new legislation effective
Three cars
in one crash
New Zealand
guest in area
By MRS. FRED BOWDEN
The Caldwell Reunion was held
at the home of Mr. & Mrs. Jack
Essery, RR 1 Centralia on
Sunday with 56 people attending.
The day was spent swimming and
all enjoyed a smorgasbord
dinner. Mrs. Olive Essery was
also celebrating her birthday.
Jeffrey Keller spent July 1st
holiday weekend with his
grandparents, Mr. & Mrs. Jack
Essery.
FOR ELEMENTARY SCHOOL PURPOSES
for the year ended December 31, 1973
EXPENDITURE
LIABILITIES
• Rural
• Industrial
• Residential
• Nutone Central Vacuuming
FREE ESTIMATES
Call Exeter 235-0909
Business Administration $ 86,401
Computer Services 1,473
Instruction 3,967,318
Educational Services 90,452
Attendance, health and food services 2,258
Plant operation 448,882
Plant maintenance 83,153
Transportation 565,877
Tuition fees 17,083
Capital expenditure (non-allocable) .44,849
Other operating expenditure 19,044
Debt charges on capital borrowing 557,034
Non-operating expenditure excluding
transfers to reserves 20,666
TOTAL EXPENDITURE $ 5,904,490
MT. CARMEL
Rev. Father Basil Sullivan
C,S,B. Toronto; is visiting with
his sister, Mrs. Charles Glavin
and family and his brother
Patrick Sullivan of Strathmere
Lodge, Strathroy.
Mr. & Mrs. Tom Buttle,
Kingston, spent the weekend with
her parents Mr. & Mrs. Tom
Ryan and family.
Many relatives from a distance
attended the Wright-McCann
Wedding held in Our Lady of Mt.
Carmel Church last Saturday.
Mrs. Cowan Wright, Wanganui,
New Zealand, Mr. & Mrs, Ted
Lane and family, Mrs. Bernard
Gibbons; Mr. & Mrs. Bob Miller
and Mr. & Mrs. Jim Doran from
Southfield, Michigan; Mr, & Mrs.
Herb Person and family of
Drayton Plains, Michigan, Grace
Doyle, Toronto; Mr. & Mrs.
George Nangle; Mr, & Mrs. Jack
Doyle; Mrs. Jack Walsh; Mr. &
Mrs. Jim Doyle and girls, Jack
and Ed Doyle all of London,
Noreen and Marie Sheahan
Toronto spent the weekend with
their aunt, Mrs. Noreen McCann
and family,
Mr, & Mrs. Donald Hartman,
London were weekend guests
with Mrs. Evelyn McKeever and
Pat.
Rev. Father Tom Mooney, St.
Marys Parish London, and Rev,
Father Donald Mooney CSB
Texas, and. Rev. Father Paul
Mooney PP of Bothwell were
visitors last Monday with their'
Brother Rev. father John
Mooney PP Mt. Carmel and all
visited in Stratford during the
afternoon with friends.
Mr. & Mrs. Bruce Hodgins have
returned home after an enjoyable
10 days spent at Moosonee and
Sanit Ste Marie.
Mrs. Lorraine Hodgins and
Dianne Hodgins have returned
home after two weeks vacation at.
their church camp as leaders of
the Youth group.
Eighty nine relatives
registered at the Carey Reunion
and picnic held last Sunday on the
lawn of Mr. & Mrs. Joe Carey.
Cousins arrived early from
Simcoe, Burlington, Hamilton,
Galt, London, Parkhill and Grand
Bend.
Current Liabilities
Accounts Payable
Municipalities: Over-requisition
Other School Boards
Trades Payable and Accrued
Liabilities
Due to Other Funds:
Revenue
Revenue
Fund
$ 26,624
48,362
483,209
Capital
Fund
14,926
4,572
Total Current Liabilities 558,195 19,498
Long Term Liabilities
Unmatured Debenture Debt 7,198,930
Less: Sinking Fund 7,198,930
Reserve for Working Funds 200,000
Investments in Fixed Assets 17,441,709
$ 758,195 $24,660,137
BALANCE SHEET
As at December 31, 1973
ASSETS
Goderich, Ontario,
May 31, 1974
TO THE HURON COUNTY
BOARD OF EDUCATION:
I have 'examined the Balance Sheet of the Huron County Board
of Education as at December 31, 1973, the Revenue Fund, Statement
of Operations and the Statement of Source and Application of Capi-
tal Funds for the year then ended. 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.
Note 1: There is a contingent liability of an unknown amount with
respect,to accumulated sick leave.
RECOVERY OF EXPENDITURE
Other School Boards $ 12,311
Government of Ontario, tuition fees and
miscellaneous 6,423
Individuals 200
(1) Other Revenue, excluding transfers
from reserves. 4,655
TOTAL RECOVERY OF EXPENDITURE ., $ 23,589
NET EXPENDITURE $ 5,880,901
FINANCING OF NET EXPENDITURE
Government of Ontario:
General legislative grants ... $ 4,359,502
Local Taxation:
1972 Over (under) requisition 11,019
(2) Local taxation raised in 1973 1,537,004
Decrease (increase) in reserve 1,548,023
Net under (over) Requisition required to
be applied to 1974 taxation .. (26,624)
TOTAL $ 5,880,901
EXPENDITURE:
Business Administration $ 82,516
Computer Services 1,407
Instruction 4,230,666
Educational Services 47,850
Attendance, Health and Food
Services 5,587
Plant Operation 497,691
Plant Maintenance 55,259
Transportation 450,473
Tuition Fees 802,259
Capital Expenditures (non-allocable) 42,236
Other Operating Expenditure ,,,,, „ 21,004
Debt Charges on Capital Borrowing . 393,118
Non-operating expenditures excluding
transfers to reserves 35,772
TOTAL EXPENDITURE $ 6,165,838
RECOVERY OF EXPENDITURE:
Other School Boards 633,557
Government of Ontario: tuition fees
and miscellaneous 19,034
Government of Canada 9,980
Individuals ... 23,792
(1) Other Revenue excluding transfers
from Reserves . . 4,064
TOTAL RECOVERY OF EXPENDITURE $ 690,427
NET EXPENDITURE $ 5,475,411
Financing of Net Expendlturet
Government of Ontario '
General Legislative Grants $ 4,101,103
Laeal 'taxation
1972 Over (under) Requisition 13,260
(2) Local Taxation raised in 1973 1,330,756
Degrease (increase) in reserve 1,344,016
REVENUE FUND
Statement of Operations
FOR SECONDARY SCHOOL PURPOSES
for the year ended December 31, 1973
Statement of Source and Application
of Capital Funds
for the year ended December 31, 1973
SOURCE
Unexpended funds at beginning of year
Capital expenditures from Revenue
$ 108,027
Fund 220,321
Federal sales tax refund
Bank interest
4,540
03 7
TOTAL 333,681
APPLICATION
Pixed assets and work in progress:
Buildings ... 169,437
Furniture and equipment 83,922
Buses 70,907
324,286
Unexpended funds at end of year• 9,41.5
TOTAL
NOTE: The bank interest should have been shown
revenue fund instead of in the capital fund.
$ 333,681
AS revenue in the
Net Under (over) Requisition Required
to be applied to 1974 taxation 30,292
TOTAL .. $ 5,475,411