HomeMy WebLinkAboutThe Exeter Times-Advocate, 1977-08-11, Page 13.amorg=mrlaW ROGIMA NT T.71we.1r 1:‘
LUCAN
August
12, 13
and 14th
Featuring SATURDAY NOON 4 P.M.
CANA DA 'S
owN VALDY
IN CONCERT
With Redwood and the Rebels
Ontario's Newest Fun Fair
Midway - Exhibits a Oantes of Chance
A project of the Luton Lions Club
$ $
29 035 68.029
4,474
26,025
136,135
166,fiaet
30,499
75,200
23,905
39.878
169.482
54,356
198.630
253.1.86
54,422
133,200
39,182
65,37Q
122189
26,187 29,035
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DALEY'S WEEKLY COMMENTS
By SID DALEY
Kid's party
To: The Members of Council, Inhabitants and
Ratepayers of the Corporation of the
TOWNSHIP OF BIDDULPH
We have examined the 1976 financial statements of the Cor-
poration of the Township of Biddulph. Our examination was
made in accordance with generally accepted auditing stan-
dards, and accordingly included such tests and other
procedures 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 Bid-
dulph as at December 31st, 1976 and the results of its operations
for the year then ended, in accordance with accounting prin-
ciples generally accepted for Ontario municipalities applied,
after giving retroactive effect to the changes referred to in note
7 to the financial statements, on a basis consistent with that of
the preceding year.
London, Ontario,
Apri16, 1977,
Licence Number - 569.
KIME & COMPANY
Statement of Revenue and Expenditure
for the year ended December 31, 1976
1976 1975
Accumulated net revenue (deficit) at
the beginning of the year 5,117 _ 55 919
38,977 37,436
24,625 25,705
144,585 169,132
25,700 22,728
13,864 11,531
13,853 2,071
48.107 33.5,4
309,711 302,149
73,618 65,759
250.589 179.072
642.9.18 546 980
107,531
1,501
120,141
4,274
57.346
290 793
91,575
1,217
109,554
4,002
41.183
247,531
66,315
_12.2311
78,573
62,453
8.000
70.453
260.665
260.665
630 031
178.194
178.194
496.178
(7:770)
5,117
(31,081)
21,850
5,208
(6,353)
275
2 331
(7,770)
(13,234)
16,895
4,132
(8,103)
422
5.005
5.117
EXPENDITURE
General municipal purposes
General government
Protection to persons and property
Transportation services
Environmental services
Social and family services
Recreation and cultural services
Planning and development
Region or county purposes
School board purposes
Total expenditure
REVENUE
General municipal purposes
Taxation
Payments in lieu of taxes
Ontario grants
Other grants
Other
Region or county purposes
Taxation
Ontario grants
School board purposes
Taxation
Total revenue
Accumulated net revenue (deficit) at
the end of the year
Analysed as follows:
General revenue
Region or county
School boards
Special charges
Special areas
Local boards
Statement of Capital Operations
for the year ended December 31, 1976
1976 1975
Dorchester Majorettes are not
only nice to look at, but talented
too.
All these attractions and many
More will be lined up to entertain
you on Sunday, August 14 at 1:00
p.111. What a way to start an
enjoyable day. At the Lucan Fair.
APPLES
AVAILABLE NOW
Excellent Varieties Of Early Apples
CRUNICAN BROS.
1 '/s miles south of
Elginfield on Hwy. 4
Special charges for
Tile drainage $ 2,725 $ 789
Garbage collection (9,078) (8,892)
$ (6,353) $ (8,103)
6. Charges for Net Long Term Liabilities
Total charges for the year for net long term liabilities were
as follows:
1976 1975
Principal payments $ 34,697 $ 24,173
Interest 11,590 7,232
$ 46,287 $ 31,405
Notes to the Financial Statements
Accounting Policies
(a) Statement of Revenue and Expenditure
This statement reflects the revenues and expenditures
of the revenue fund of the municipality and includes the
activities of all committees of council and local boards
for general municipal activities. The local boards whose
activities are included are as follows:
Granton Community Centre
Granton and Area Fire Department
(b) Statement of Capital Operations
(i) This statement reflects the capital expenditures and
the related capital financing to be recovered from
general municipal revenues of the municipality and
its local boards described in note 1(a).
(c) Balance Sheet
This statement reflects the assets and liabilities of the
revenue fund, the capital fund, reserve funds and the
local boards described in note 1(a).
(d) Fixed assets
The historical cost and accumulated depreciation of fix-
ed assets is not reported for municipal purposes. Instead
the "Capital outlay to be recovered in future years"
which is the aggregate of the principal portion of un-
matured long term liabilities, capital funds transferred
to other organizations, and the cost of capital projects
not yet permanently financed, is reported on the
"Balance Sheet",
Municipal enterprises
There are no municipal enterprise activities carried on
by a local board or by a committee of council of the
municipality.
(f) 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 of the latest interest payment .
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 land-
owners $360,542 $322,887
(b) Capital outlays, including fixed assets and the transfers
of capital funds in the amount of $30,499 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
The total balance of reserves and reserve funds is $57,360
and is comprised of the following:
1976 1975
Reserves
For working capital $ 49,000 $ 49,000
Reserve funds
For Ontario Home Renewal Plan $ 8,360 $ 8,360
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, other municipalities and municipal enterprises
and outstanding at the end of the year amount to $512,355
Of the long term liabilities shown above, the respon-
sibility for payment of principal and interest charges
has been assumed by others for a principal amount
of (178,000)
Net long term liabilities at the end of the year....$334,_355
(b) Of the net long term liabilities reported in (a) of this
note $193,443 in principal payments are payable from
1977 to 1981, $140,912 from 1982 to 1986.
1977 1982
to to
1981 1986
1.
(e)
From benefitting landowners $193,443 $140,912
5, Accumulated Net Revenue (Deficit) at the End of the Year
Accumulated net revenue (deficit) of $(7,770) 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:
1976 1975
Special areas
Police Village of Granton $ 275 $ 422
Something for you
4* and neighbours, too
C4oet for three days
limes,Aelv ate, August 11, 977. Pagel,
Fair makes the summer
forced off County Road 20, near
Highway n by an unknown
vehicle at 1:20 a.nt. Monday,
Constable Craig investigated.
Something for everyone!
That's the slogan of the 1977
Lucan Fair which is expected to
bring a throng of visitors to the
Irish town Friday, Saturday and
Sunday.
Whether you're young or just
young at heart, and no matter
what your idea of a good time,
Big Al
. talent host
Soccer teams
get three wins
Lucan minor soccer teams
scored three victories in four
league games Saturday against
Thamesford, In all games the
losers failed to score any goals.
Lucan won the squirt and atom
games by identical 4-0 scores and
the Lucan mosquitoes eked out a
1-0 victory. Thamesford won the
pee wee contest 4-0.
Kevin Koricina booted three
successful shots to lead the Lucan
'squirts to victory. The fourth goal
was scored by Erin McComb.
Jeff Turnbull was in goal for the
shutout.
A two goal effort by Jeff
Shipley was best for the Lucan
atoms, Scoring in single fashion
were Jesse Crawford and Paul
Crunican, Jerry Emery picked
up the shutout,
Dean Mills was the lone Lucan
mosquitoes marksman and Eddie
Hayter recorded the shutout.
In exhibition play, the Lucan
girls held Clinton to a 1-1 draw.
Scoring for Lucan was Heather
Hodgson.
chances are you'll find it at this
year's Lucan Fair.
If you like music, try recording
stars Faron Young or Valdy on
for size, Or if a parade is your cup
of tea, Sunday's your day. And in
the evening there is always
something lively happening in the .L
Lions Den with the Molly
McGuires.
Maybe you prefer watching
tomorrow's stars today.
Television personality, Big Al,
and a host of area youngsters are
lined up to give you their best.
Or, if you're like most of us, it's
that special blend of fresh air, .a
relaxing stroll, gool old-fashioned
hospitality, the smells of cotton
candy and camel corn and the
whirling bright lights of the
midway.
Come and join in. The 1977
Lucan Fair promises something
for everyone. Where kids can be
kids. No matter what their age,
Joint service
for churches
Several Anglican's joined with
members of the United Church
for the service on Sunday when
Rev. Keith Brown continued his
series on the book of Psalms.
Basing his comments on Psalm 3,
Mr. Brown said it was written
when David fled from Absalom
and tells of man's inhumanity to
man, which is still as prevalent
as in the time of David.
David prayed about his
troubles and left them with the
Lord in confidence that He would
take them unto Himself and God
encouraged and strengthened
David and gave him peace, So
God will give us these same
things and help us work out our
difficulties if we have the faith
and trust to do His will. This is
true worship and may God help
us to worship Him in this way not
only on Sunday, but all through
the week.
Debbie Lynn, Clandeboye was
the guest organist and a quartette
composed of Mrs. Clarence
Hardy, Mrs. Keith Dickson, Mrs.
Emerson Degraw and Mrs.
GaryJones sang Malott's "Lord's
Prayer" and "Amazing Grace".
Their beautiful harmony added
much to the service,
Mrs. Roy Dykeman will be the
guest organist next Sunday and
will accompany the singing group
"The Cornerstones".
Flowers in the sanctuary, were
from the funeral of the late Grant
Hawkshaw, brother of Mrs. Roy
Hodgins, and the sympathy of the
members of the congregation is
extended to Mrs. Hodgins.
Damages totalled only $2,000 in
six accidents investigated this
Week by officers of the Lucan
detachment of the Ontario
Provincial Police.
Wednesday a vehicle owned by
Linda Lee Lewis, Ailsa Craig was
damaged when it caught fire in
Ailsa Craig. The fire occurred at
5:40 a.m. Constable B.D. Munro
investigated.
A parked and unattended
vehicle owned by Jane Jolly,
Clandeboye was struck Thursday
by an unknown vehicle on
Hodgins street in Clandeboye.
Constable D.R. ' Vance set
damages at $50,
In a similar mishap sometime
after midnight Friday, a vehicle
owned by Lorna Bulgin, Granton
was struck by an unknown
vehicle.
The Bulgin vehicle was parked
on County Road 22, a half mile
south of concession 13-14 in
London township. Constable W.R.
Disher, listed damages at $300.
Sunday at 2 a,m. a tire blow out
forced a vehicle driven by Donald
Kelly, RR 3, Stratford to leave
the roadway of Highway 7, just
east of the Thames River bridge.
Constable Jim Craig set damages
at $600,
Vehicles driven by Anthony
Bogoslowski, London and
Gwendolyn Pickett, Clinton
collided at 3:30 p.m. Sunday.
Educational trip
for area student
Tami McRoberts, daughter of
Mr. & Mrs. Ross McRoberts has
recently returned from her stay
in the Province of Quebec, on a
"Bilingual Exchange".
Tami was staying as a guest at
the residence of Mr. & Mrs. Guy
Germain, in Charlesbourg,
Quebec.
While in Quebec she took a
cruise on the St. Lawrence,
visited a ranger station and an
ecology school in Duchesnay and
took a tour to main tourist at-
tractions. This tour included the
Basilica, Montmorency Falls and
Ile d'Orleans. A guided walk
through "Old Quebec City" was
also featured in the two weeks in
Quebec.
The exchange was a lot of fun
and very educational for all its
participants.
Branch 540's annual children's
party went off on schedule last
Sunday, for a short time it ap-.
peared as tho' the weather
wouldn't co-operate - but ap-
parently somebody up there likes
us - and we all had a most en-
joyable Sunday afternoon's en-
joyment.
There were childretis races,
shoe throwing contests, tug-of-
war. However in my opinion the
most fun was the fresh egg
tossing contest, it was simply
amazing just how far one person
could toss a fresh egg to another
person without breaking it.
Of course the team which
tossed its egg the greatest
distance was the winner, Some
pictures were taken of the picnic
and published in another area of
this paper (I hope).
We are pleased to note the
horse shoe pits are getting use,
they could be busier, come on
over and enjoy a game or two -
besides ITS FREE.
Many thanks to my friends who
wished me a Happy Birthday
while at the Legion Saturday -
The mishap occurred on High-
way 4, just north of Mooresville,
Constable J,A, Wilson estimated
damages at $150.
A vehicle driven by Scott
McElroy, London suffered
damages of $200 when it was
Lina Abbott
celebrates
Miss Lina Abbott, former
resident in Lucan and the T-A.
correspondent for many years,
celebrated her 90th birthday this
past week.
Among the many callers were
Mr, & Mrs. Gilbert Bauer of
Haslett, Michigan and Miss
Helen de Coursey of Detroit.
Other Michigan friends are
coming on August 15. Miss Abbott
also received a lovely yellow
mum from Lucan friends, a
miscellaneous bouquet from her
nephew in B.C. and another one
from the London Free Press for
whom she is still a correspon-
dent, and many, many cards. She
will be among those for whom the
August Birthday Party will be
held at McCormick Home on the
15.
Another way in which Miss
Abbott celebrated was to to lead
the service of worship, Sunday.
Congratulations and loving best
wishes from your many friends in
Lucan and area, Lina.
Local ladies
at conference
Two delegates from the Lucan
United Church Women will be
attending the four day Alma
Conference for Women, namely
Sharon MacDonald and Linda
Froats. Open day for other
members is Tuesday, August 16
and transportation is bei,pg
arranged for any who wish to
attend. Pleage 'phone Hazel
Williams 227-4697 at Clandeboye,
or Mabel Froats, 227-4879, Lucan,
if you are able to go.
The Regal Card order will be
sent on August 20. If the
catalogue has not yet come to
your area please 'phone Kit
Hearn, 227-4295, Bernice
Lockyer, 227-4421, or Mabel
Froats.
and to those of you who conjured
up a most unique birthday cake -
the centre piece being a hollowed
out cucumber which held a large
birthday candle - surrounded
with delicious pieces of pickled
wieners each holding a smaller
birthday candle,
I'll get you for that, "No kid-
ding Comrades it was a delight, I
enjoyed every single minute of
the entertainment supplied by
Jeanine Hare on the honky tonk
piano plus every delicious morsel
of my birthday cake.
The members of Branch 540
wish to extend to Doris and
Harold Lightfoot every best wish
as they celebrate, I mean ob-
serve, their 45th wedding an-
niversary this coming Saturday.
We wish them both good health,
good luck and happiness for
many years to come.
And that's 30 for this week -
remember you are approaching
middle age, or better, when you
are beginning to realize that time
and patience have many good'
points.
What's a summer without a
visit to a country fair? And
what's a country fair witheut
parade?
You won't be disappointed at
this year's Lucan Fair. The
Lucan Lions have put together
one of the best parades ever.
Bands? You bet. There's the
renowned Dutch Boys Cadets
from Kitchener, the Young
Conquerors Pipe Band and the
Popular Listewel Pipe Band,
Floats and displays? Absolutely,
The Mocha Jeepsters and the
Exeter CB Radio Club, just to
name a couple, will be on hand.
Pretty girls? You didn't think
they would be forgotten? The
Goderich Majorettes and the
1976 1975
572 5,005
40,395 12,982
_81,237 48.225
369.542 322.887
444,779 371,112
44,240
16,594
334,355
5'7,360
4,384
10,399
14,783
293,852
57,360
444,7
Anil
79 371112
Two parked cars hit
Little damage in accidents
Unfinanced capital outlay (Unexpended
capital financing) at the beginning
of the year
CAPITAL EXPENDITURE
Protection to persons and property
Transportation services
Planning and development
Total expenditure
CAPITAL FINANCING
Contributions from the revenue fund
Long term liabilities incurred „ „...
Ontario grants
Other
Total capital financing
Unfinanced capital outlay (Unexpended
capital financing) at the end of
of the year
Balance Sheet
as at December 31, 1976
CURRENT ASSETS
Cash
Accounts reeeivable
Taxes receivable
Capital outlay to be recovered in
future years
CURRENT LIABILITIES
Temporary loans ....................
Accounts payable and accrued liabilities
Net long term liabilities
Reserves and reserve funds
Accumulated net revenge (deficit)arid
tmapplied capital receipts
The total charges shown above were paid from general
municipal revenues of the municipality and are included in
expenditure on the "Statement of Revenue and Expen-
diture" classified under the appropriate functional
headings.
7. In the Case of a Joint Local Board Consolidated for the First
Time
The accumulated net revenue at the beginning of the year
has been restated to give effect to the inclusion of the ac-
cumulated net revenue of joint boards which are now con-
solidated. The effect on the accumulated net revenue at the
beginning of theyear has been an increase of $4,904 over
that reported in the 1975 Financial Report. The 1975 corn-
parative figures in these financial statements have, accor-
dingly, been restated.
8. 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,
19'76 subject to The Anti-Inflation Act (Canada) and the
national guidelines. This legislation limits increases In Com-
pensation payments effective October 14,1975,
TOWNSHIP OF BIDDULPH
AUDITOR'S REPORT