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HomeMy WebLinkAboutThe Exeter Times-Advocate, 1977-06-02, Page 20Usborne & Hibbert Mutual Fire Insurance Company (Established in 1876) Provides Full Insurance Coverage for Town Dwellings as well as Farm Properties Ross Hodgert Hugh Benninger John Moore Clayton Harris Joseph Uniac Mrs. Elaine Skinner Wally Burton AGENTS Woodham Dublin Dublin Mitchell Mitchell Exeter Exeter 229-6643 345-2001 345-2512 348-9051 348-9012 235-1553 235-0350 DIRECTORS AND ADJUSTERS Jack Harrigan R.R.3, Lucan Robert Gardiner R.R.2, Staffa Lloyd Morrison] R.R.1, St. Marys Lorne Feeney R.R.2, Dublin Ray McCurdy R.R.1, Kirkton William Chaffe , Mitchell Have Fun at the Fair! Ontario's Largest Spring Fair INTON SPRING FAIR CLASS "8" CLINTON COMMUNITY PARK „=1::i5A 3 DAYS FRSLUNSA. T. JUNE3 -4-5 OVER $22,000 IN CASH PRIZES FRIDAY, SATURDAY, SUNDAY, JUNE 3 JUNE 4 JUNE 5 Bill Flynn, President RR 4, Clinton, Ontario Robert M. Gibbings, Secretary RR 1, Clinton, Ontario Mrs. Barbara Lovett, Treasurer RR 1, Londesboro, Ontario S JOYES MIDWAY IN FULL OPERATION ALL THREE DAYS LUNCH COUNTERS Operated by Ladies Division 1 12 Noon - Ontario Jersey Show 1 p.m. - Huron Holstein Show -. 3 p.m. - Arena Concessions open to public 8 p.m. - Queen of the Fair Contest; Entertainment - Local Talent Show 1 p.m. - Parade Through Town - Livestock Judging 2 p.m. - Official Opening - Baby Show and Childrens Show 7 p.m, -- Teams in Harness 9 p.m.- Evening Grandstand Show - PONY EXPRESS HURON CENTRAL AGRICULTURAL SOCIETY 1 p.m. - Horse Show - Stock and Show Type Horses NOW OPEN SHAW'S Dairy Store 5 Oak St., Grand Bend 8 a.m. - Midnight Daily Same Building as Max s TV & A polionces1 The Huron-Perth County Roman Catholic Separate School board will advertise within the Huron-Perth system for one week for a new director to replace John Vintar. Vintar, director of education since the board was formed, resigned April 24 to take a position as superintendent of schools with the Dufferin Peel separate school board effective July 31. In other business at the meeting held in Dublin Monday night, the board accepted the resignation of Marigold Collins effective May 18- the termination SS board to seek director from within own employees By MRS. IRVIN RADER DASHWOOD Four young adults were received into church mem- bership by Confirmation by Rev. M. Mellecke at Zion Lutheran Church, Sunday. They were Scott Hasselback, Judith Mellecke, Steven Miller and David Stephen. Mr. & Mrs. Albert Rader at- tended confirmation service at Good Shepherd Lutheran Church, London, Sunday, when Richard Keller son of Mr. & Mrs. Carl Keller was confirmed. They were guests of Mr. & Mrs. Carl Keller for the day. Mrs. Jean Wainer and Mr. & Mrs. Ed. Wurm, Exeter, spent of her contract was by mutual consent. The board gave permission to the property committee to hold a joint meeting May 30 at 1:15 p.m. at the board office with a com- mittee from the Perth County Board of Education to discuss using board property in Strat- ford. The property involved is six portables at St. Ambrose School, Stratford and the use of three classrooms (expected to be empty in September) at St, Michael's School, Stratford. Mr. Vintar reported there is some difficulty in getting the two new French teachers for the system as required to extend the French classes to lower grades. He said he has interviews scheduled for May 26. In answer to a question from a trustee, Mr. Vintar said qualifications call for a teacher to have taken the ministry courseor to be a qualified French teacher. Christopher Martin of Goderich, co-ordinator of youth services for the Huron County Children's Aid Society, was appointed to the Early School Leaving committee, He replaces Bruce Heath who has been transferred to Toronto. Trustees John O'DrowskY, John O'Leary and Gregory Fleming were appointed to the family life advisory committee to serve on the parents' committee. Donald Crowley and Ronald Murray were named to assist John O'Drowsky on the board- staff dinner in September. Superintendent Joseph Mills who supervises the special education classes in the schools said each school gets 40 per cent special education time. ‘There are 221 children in the system with such problems as hearing, seeing, behavioural, intellectual, he said, Over 120 pupils have gross speech problems. Five teachers outlined the special education program starting with the assessment of a student's particular problem, and how he is given special training to overcome it, A special meeting will be held June 9 in committee of the whole in camera. Sunday with Mr. & Mrs. Stan Slezak, Roy and Joanne, London. They attended confirmation at Trinity Lutheran Church where Joanne was confirmed. Confirmation day dinner guests with Mr. & Mrs. Earl Miller, Steven and Fred were Mr. & Mrs. Cliff Pepper; Mr, & Mrs. Bill Weigand, Mark and Andrea and Mr. & Mrs. Fred Negrijn and son, Exeter; Mr. & Mrs. Oscar Miller and Mr. & Mrs. Ernie Miller. Evening guests were Mr. & Mrs. Fred Keller, Kevin, Steven, and Lisa, Windsor; and Mr. & Mrs. Murray McLeod and Doug, Chatham. Confirmation day visitors with Pastor and Mrs. M. Mellecke and family were Mrs. David Schilcker, Dana and Tonia, Suring, Wisconsin and David Mellecke from Saskatchewan. Mrs. Frieda Keller, Mr. & Mrs. Earl Keller and family attended confirmationm at Good Shepherd Church, London, Sunday, when Mrs. Keller's two grandsons, Richard, son of Mr. & Mrs. Carl Keller and Edward, son of Mr. & Mrs. Elgin Keller were con- firmed. They were guests at both homes. Mr. & Mrs. Fred Miller and girls, Zion, and Mr. & Mrs. Irvin Rader were supper guests with Mr. & Mrs. Dave Rader and Stacey, Sunday, at a barbecue. Mrs. Edith Beierling spent Sunday with Mr. & Mrs. Doug Stephen, Doris and David, Woodham. Also David's spon- sors, Mr. & Mrs. Lorne Beierling and son, Ron, of Zurich. Mr. & Mrs. .Wellwood Gill, Grand Bend, were supper guests with Mr. & Mrs. Ross Love last Tuesday evening. John Becker has returned home from University Hospital, London. Rev. & Mrs. Wm. Schatz, Pittsburg, Pensylvania, are spending two weeks with Mr. & Mrs. Vernon Schatz. Please phone your news next week to 235-1331. By MRS. HAMILTON HODGINS Mrs. Ruth Glider and Jane, Lucan visited Tuesday with Mr. & Mrs. Ernest Ferguson. Mr. & Mrs. Ray Kadirka, London were Sunday visitors with Mr. & Mrs. Grafton Squire. Mr. & Mrs. Bruce Mills visited Sunday with Mr. & Mrs. MacLeod Mills. Rev. and Mrs. "Thornton, Exeter, were Thursday visitors with Mr. & Mrs. Ernest Ferguson. Mrs. Gerald Wallis, Mrs. MacLeod Mills, Mrs. John Eglitis and' Mrs. Margery Morley at- tended a shower for Vera Mykyta, London, on Sunday afternoon in London. Sunday afternoon Mr. & Mrs. Ernest Ferguson visited with Mrs. Wilma Gowan and Murray, London Township. Mr. & Mrs. Gerald Hun and Mr. & Mrs. Bill Morley visited with Mr, & Mrs, Ken Hodgson, St. Marys, Saturday evening. Sunday evening visitors with Mr. & Mrs. Ernest Ferguson were Mr. & Mrs. Dave Hord Stra throy, To: The Members of Council, and Ratepayers of the Corpora- tion of the Township of Usborne We have examined the 1976 financial statements of the Cor- poration of the Township of Usborne which are listed on the at- tached Index. 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. In our opinion these financial statements present fairly the financial position of the Corporation of the Township of Usborne as at December 31, 1976, and the results of its operations for the year then ended, in accordance with accoun- ting principles generally accepted for Ontario municipalities applied on a basis consistent with that of the preceding year. Goderich, Ontario DURST, VODDEN & BENDER March 28, 1977 Chartered Accountants Licence Number 434 Statement of Revenue and Expenditure for the year ended December 31, 1976 1976 Accumulated net revenue (deficit) at 1975 the beginning of the year (11,145) 37,737 EXPENDITURE General municipal purposes General government 29,197 27,754 Protection to persons and property 13,729 12,482 Transportation services 157,452 147,425 Environmental services 11,439 14,292 Health services 25 25 Social and family services 25 25 Recreation and cultural services 133,084 126,161 347,703 330,727 Region or county purposes 82,786 81,886 School board purposes 1'76 756' 129,694 Total expenditure 607,245 542,307 REVENUE General municipal purposes Taxation 146,102 117,348 Payments in lieu of taxes 396 240 Ontario grants 129,019 98,921 Other 89,092 76,063 364,609 292,572 Region or county purposes Taxation grants •Ontario 66,498 20,876 63,551 11,012 87,374 74.563 School board purposes Taxation 178,360 125,326 Other 964 178,360 126,290 Total revenue 630,343 493,425 Accumulated net revenue (deficit) at the end of the year 11,953 (11,145) Analysed as follows: General revenue 7,662 (9,336) Region or county 4,464 (124) School boards Special charges (134) (39) (1,738 53 ) 11,953 (11,145) Statement of Capital Operations for the year ended December 31, Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year CAPITAL EXPENDITURE 1976 1976 1975 $ $ nil nil Transportation services 14,218 Environmental services 2,500 50,573 Recreation and cultural services 8,521 Planning and development 174,774 200,608 Total expenditure 200,013 251,181 CAPITAL FINANCING Contributions from the revenue fund 75,339 65,353 Long term liabilities incurred 100,300 120,700 Ontario grants 24,374 32,332 Other 32,796 Total capital financing 200,013 251,181 Unfinanced capital outlay (Unexpended capital financing) at the end of the year nil nil Balance Sheet as at December 31, 1976 CURRENT ASSETS 1976 1975 Cash 81,783 28,310 Accounts receivable 58,273 81,376 Taxes receivable 23,627 25,132 Other current assets 4,674 3,297 168,357 138,115 Capital outlay to be recovered in future years 472,566 437,686 Other long term assets 14,500 655,423 575,801 CURRENT LIABILITIES Temporary loans 24,400 42,400 Accounts payable and accrued liabilities 64,253 58,626 Other current liabilities 2,885 91,538 101,026 Net long term liabilities 472,566 437,686 Reserves and reserve funds 79,366 48,234 Accumulated net revenue (deficit) and unapplied capital receipts ' 11,953 (11,145) 655,423 575,801 Notes To The Financial Statements 1. Accounting policies (a) Statement of Revenue and Expenditure This statement reflects the revenues and expenditures of the revenue fund of the municipality. (b) Statement of Capital Operations This statement reflects the capital expenditures and the related capital financing to be recovered from general municipal revenues of the municipality. (c) Balance Sheet This statement reflects the assets and liabilities of the revenue fund, the capital fund and the reserve funds of the municipality. (d) Fixed assets The historical cost and accumulated depreciation of fix- ed assets is not reported for municipal purpose. Instead the "Capital outlay to be recovered in future years" which is the aggregate of the principal portion of un- matured long term liabilities and capital funds transferred to other organizations, is reported on the "Balance Sheet". (e) Charges for net long term liabilities Debt retirement costs including principal and interest are charged against current revenues in the periods in which they are paid. Interest charges are not accrued for the periods from the date(s) of. the latest interest payment(s) to the end of the financial year. 2. Capital outlay to be recovered in future years (a) Some capital outlay to be recovered in future years does not represent a burden on general municipal revenues, as it is to be recovered in future years from other sources: 1976 1975 Special charges on benefitting landowners $435.076 $397,686 (b) Capital outlays, including fixed assets and the transfers of capital funds in the amount of $75,339 which have been financed from general municipal revenues of the current year, are reported on the "Statement of Revenue and Expenditure". 3. Reserves and reserve funds (a) The "Statement of Revenue and Expenditure" does not reflect the following revenues for the year which were credited directly to reserve funds: 1976 1975 $ 1,923 $ 70 205 145 31,704 $33,832 $ 215 (b) The total balance of reserves and reserve funds is $79,- 366 and is comprised of the following: Reserves 1976 1975 for working capital $47,095 $47,095 Reserve funds from contributions by subdividers from the Ontario Home 154 1,139 Renewal Plan 32,117 Total reserves and reserve funds $79,366 $48,234 4. Net long term liabilities (a) The balance for net long term liabilities reported on the "Balance Sheet" is made up of the following: Total long term liabilities incurred by the municipality including those incurred .on behalf of former school boards outstanding at the end of the year amount to $680,055 Of the long term liabilities shown above, the respon- sibility for payment of principal and interest charges has been assumed by the Huron County Board of Educa- tion for a principal amount of 207,489 Net long term liabilities at the end of the year $472,566 (b) The net long term liabilities amounting to $472,566 reported in (a) of this note are payable as follows: 1977 to 1981 1982 to 1986 From general municipal revenues $16,855 $20,635 From benefitting landowners 299,853 135,223 $316,708 $155,858 5. Accumulated net revenue (deficit) at the end of the year Accumulated net revenue of $11,953 at the end of the year reported on the "Balance Sheet" includes amounts related to benefitting landowners which are not available as general municipal revenues, and are analysed as follows: Special charges for Kirkton Woodham Street Lights deficit $(39) 6. Charges for net long term liabilities Total charges for the year for net long term liabilities were as follows Principal payments Interest Total charges The total charges were paid from general municipal revenues of the municipality and are included in expenditure on the "Statement of Revenue and Expenditure" classified under the appropriate functional headings. 7. The anti-Inflation Act The municipality, its local boards and commissions are by agreement between the Government of Canada and the Government Of the Province of Ontario dated January 13, 1976 subject to The Anti-Inflation Act (Canada) and the national guidelines. This legislation limits increases in compensation payments effective October 14, 1975. • 00bian Stone. Calcium Chloride in 100 pound bags Sand & Stone Gravel Stone for Weeping Beds EARL LIPPERT TRUCKING LTD. Creditor) 234-6382 j Advertising... makes thiggs dear. CANADIAN ADVERTISING ADVISORY BOARD ENGAGED? Better see me first about Metropolitan's policy that's so popular with newlyweds. It's designed particularly for the early years of marriage. For real happiness, plan your peace of mind. NOW Larry Lichty Hwy. #83 Box 1510, Exeter Phone 235-2561 Metropolitan Life Where the future is DO RE MI - Bill Smith sits down on the job while directing the Hamilton-Wentworth Regional Police Male Chorus at South Huron District High School Thursday. T-A photo TOWNSHIP OF USBORNE 1976 FINANCIAL REPORT Conduct confirmation at Dashwood church income from investments subdivider and developer contributions for the Ontario Home Renewal plan 1976 1975 $65,420 $54,925 15.916 14,887 11523.6 $69,812 Page 20 June 2,1977