HomeMy WebLinkAboutTimes-Advocate, 1979-05-09, Page 27Lucan area ladies attend Wl officers' conference
The thirty-first annual
Officers’ conference of the
Federated Women’s
Institutes of Ontario was
held at the University of
Waterloo May 1, 2 and 3. The
Conference was primarily
for Tweedsmuir History
Curators and Mrs. M.H.
Hodgins as such, for the
Lucan Branch, attended all
sessions.
Mrs. J.S. Radcliffe
represented Granton Inst
itute for Mrs. Clarence
Lewis. Both reported a most
excellent and worthwhile
conference and hope to put
many of the suggestions into
practice.
One of the speakers Dr,
Richard Barham, chairman,
Department of Family
Studies, College of Family
and Consumer Studies,
University of Guelph
directed our thoughts to the
meaning of “The Year of the
Child" on Tuesday evening.
Wednesday evening the
“K-W Harmonizers” gave
“An Evening in Song” which
was much enjoyed and
received a standing ovation.
AU other sessions were on
the Tweedsmuir History
project with the main
speaker being Mr. David
Roberts, Research Co
ordinator, Heritage
Administration Branch,
Ontario Ministry of Culture
and Recreation, who gave
excellent advice on how to
research and preserve the
history of the community.
Mission and Service
Committee meet
The mission and service
committee of the Lucan-
Clandeboye charge met in
the C.E. Wing on Monday
evening to plan activities for
SIGN UP FOR RIDE ~ Stephen Versteegh signs up with Donna Maslen and Marg Cocquyt
prior to Sunday's Family Ride for Cancer from Lucan to Granton. T-A photo
the next few months. Ron
Burr chaired the meeting
and led in opening worship.
The dedication to mission
Sunday will be held on May
27. The next minute talk will
be on May 13 with Sharon
Newman telling of one of the
“Live Love” Projects, ac
cepted by the congregation.
Other minute talks will be
July 8 - Mabel Froats. and
August 12, Ron Burr.
The next meeting will be
held September 11 and
“World Development
Sunday” will be recognized
either October 28 or
November 4 when-ever Miss
Lillies Brown, returned
Missionary from India and
sister of Rev. Keith Brown,
will be available.
Lucan has busy weekend
Lucan was “buzzing"
Saturday and Sunday, May 5
and 6. The Couples’ Club of
Lucan United Church held its
spring garage sale com
mencing at 9 a.m., at the
home of Bob and Helen
Patterson. The Scouts held a
Cleanup
time again
Lucan residents are
reminded that the annual
spring cleanup will be held
on Tuesday, May 15.*
Residents are urged to
have all articles to be picked
up at the curbside by Tues
day morning. They are ask
ed to keep stones, wood,
metal, mattresses, etc. pil
ed separately.
The normal household gar
bage collection will be held
as usual the day previous on
Monday, May 14.
“car wash” at the Glen
Haskett garage. The Guides
and Brownies were out in full
force, visiting every home
with their cookies to “sell
guiding."
Then Sunday afternoon the
“flea market” proved to be a
real drawing card at the
arena, when many of the
local organizations searched
their attics for “lost
treasures”, and finally the
Family Ride for Cancer
Elsie Henderson and the
Lobb family entertained the
residents at a family night
with a variety of numbers.
The Over-90 Club was held.
Music -and refreshments
were served.
Mary Broadfoot, piano;
Ken Dale guitar; Lome
Lawson, mouth-organ;
Wilson McCartney, violin;
entertained the residents for
a delightful hour of music.
Residents went on a
shopping spree as Caravan
Clothes from Toronto
brought in a wide variety of
clothes for the residents to
choose from.
The 99c movie on April 11
when “Other Side Of The
Mountain" came to
Huronview.
Tuesday, April 17 Family
Night was held with Mrs.
Orville Storey and a number
of her students. Many toe
tapping numbers were
performed. Cross-Country
Square Dancing — Jack
Storey played the guitar and
sang while the McQuaid
family played violins. Nelson
Howe and Mrs. Bailey
provided the music.
Teachers for the group were
Mrs. Gail Glanville and
Sherri McCall.
The birthday party was
held on April 18 by the
Crediton W.I. The M.C. for
the afternoon was Gloria
Martin. A musical number
was played by Maggie Clark
and Glen and Lois Hodgins.
Refreshments and gifts were
served.
April 19 Warren Whitmore,
Art Finlayson, Keith Sharp,
Elgin Nott and Gladys Van
Egmond came in to entertain
the residents.
Times-Advocate, May 9,1979
READY TO RIDE FOR CANCER El ise Gibson gives final instructions to Colleen Foran,
Laurie Burns and Martine Engel as they prepare to leave Lucan for Granton in Sunday's Fami
ly Ride for Cancer. ___________ _____________T-A ohotn
M * ON FASHION DRESS FABRICS |
AW / /I• ON BEAUTIFUL READY MADE
/"W Wf I 1J• ON DRAPERY AND UPHOLSTERY
Mfe W fabrics
WE GUARANTEE
JUST A SHORT DRIVt WILL ALWAYS SAVE YOU MONEY
CORRECTION!
In our advertisement of May 2nd,
1979 (May 3rd) we advertised
Sakrete Sand at $1.99 for a 66 lb.
bag. This should have read 99c per
bag. We regret any inconvenience
this may have caused any of our
customers.
Discount Dave's
at FASHION FABRIC
&
DRAPERY CENTRE
555 Wellington St S.LONDON 681-7780
Just South of Commissioners Rd.
Open Weekdays 9:30 a.m.-9:30 p.m., Saturday ’til 6 p.m.
Lots of Textile Bargains—Plenty of Free Parking
The Newest Division of Fabric & Drapery Mill Outlet
Ontario's Largest Stock House of Ready-Made Drapes
• f*°n(lon • Mississauga • Oakville • Brampton • Don Mills • Barrie • Concord
The Middlesex County Board Of Education FINANCIAL STATEMENTS December 31, 1978
REVENUE FUND STATEMENT OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31, 1978 (with comparative figures for the previous year)
EXPENDITURE
Elementary
Schools
------- 1978 ----
Secondary
Schools Total
Elementary
Schools
-----— 1977
Secondary
Schools Total
Business administration $ 290,185 $ 149,387 $ 439,572 $ 305,728 $ 161,094 $ 466,822
Instruction 8,461,130 7,279,982 15,741,112 7,892,527 6,741,895 14,634,422
Educational services 123,942 173,028 296,970 101,129 144,465 245,594
Attendance, health and food services 13,742 12,308 26,050 12,933 11,997 24,930
Plant operation and maintenance 1,300,460 986,629 2,287,089 1,300,020 958,133 2,258,153
Transportation 1,264,596 1,102,524 2,367,120 1,104,255 1,010,543 2,114,798
Tuition Fees 8,293 1,901,754 1,910,047 6,047 1,861,498 1,867,545
Capital expenditure (non-allocable)(653)3,835 3,182 56,021 277,946 333,967
Other operating expenditures 56,139 26,766 82,905 56,196 27,531 83,727
Debt charges on capital borrowing - note 5 646,698 776,953 1,423,651 664,765 692,546 1,357,311
Non-operating 21,778 31,763 53,541 29,680 33,13?62,817
12,186,310 12,444,929 ' 24,631,239 11,529,301 11,920,785 23,450,086
RECOVERIES OF EXPENDITURES
Tuition fees
Other school boards 7,310 116,133 123,443 6,583 129,785 136,368
Government of Ontario 395,319 226,874 622,193 346,122 205,551 551,673
Government of Canada 165,377 21,831 187,208 160,625 28,492 189,117
Individuals 5,834 18,793 24,627 4,234 13,961 18,195
Other revenue excluding transfers
from reserves 45,543 44,165 89,708 107,218 45,486 152,704
619,383 427,796 1,047,179 _____624J82 423,275 1,048,057
NET EXPENDITURE $11,566,927 $12,017,133 $23,584,060 $10,904,519 $11,497,510 $22,402,029
AUDITOR'S REPORT
To the Middlesex County Board of Education
We have examined the Balance Sheet of The Middlesex
County Board of Education as at December 31, 1978, and the
Revenue Fund Statement of Operations, the Capital Fund
Statement of Operations and the Statement of Continuity of
Trust Funds for the year then ended. Our examination was made
in accordance with generally accepted auditing standards, 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 Board as at December 31, 1978 and the
results of its operations and the changes in its financial position
for the year then ended in accordance with generally accepted
accounting principles for Ontario school boards applied on a
basis consistent with that of the preceding year.
London, Ontario Davis, Martindale & Barnes
April 2, 1979 Chartered Accountants
Municipal Auditor’s License No. 816
BALANCE SHEET
AS AT DECEMBER 31, 1978
(With comparative figures for the previous year)
ASSETS
CURRENT ASSETS 1978 1977
Cash $ 2,225 $ 2,315
Bank certificates (at cost)643,000 200,000
Accounts receivable
Local Taxation
Municipal levy 141,262 321,448
Other school boards 131,443 15,704
Government of Ontario 803,832 1,145,814
Government of Canada 23,797 27,282
Accounts receivable - other 18,542 16,894
Prepaid expenses 5,464 7,161
1,769,565 1,736,618
Capital outlay to be recovered in
future years 6,400,835 7,300,124
S 8,170,400 $ 9,036,742
STATEMENT OF CONTINUITY
OF TRUST FUNDS
For the Year Ending December 31, 1978
FINANCING OF NET EXPENDITURE
Government of Ontario
General Legislative Grant $ 6,906,819 $ 7,567,743
Local Taxation
Prior year's over (under) requisition 47,414 r
Decrease (Increase) in reserve (142,493)(114,930)
Local taxation raised during the year 4,755.187 4,564,320
Net under (over) requisition to be applied
to subsequent years.-
$11,566,927 $12,017,133
$14,474,562 $ 6,747,511 $ 7,422,621 $14,170,132
47,414
(257,423)
9,319,507
(342)
32,134
4,162,148
(264,360)
(232,042)
4,571,291
(264,702)
(199,908)
8,733,439
13(^932)136,932)
$23,584,060 $10,904,5.19 SI1,497,510 $22,402,029
Balance December 31, 1977 $17,014
Capital Received 4,544
Revenue 1,833
Expenditures (1,680)
Balance December 31,1978 $21,711
Cash $349
Capital 21,655
Liabilities (293)
Held in Trust, December 31,1978 $21,711
LIABILITIES
CURRENT LIABILITIES 1978 1977
Bank and other short term borrowing $ 588,167 $ 397,985
Accounts payable
Local Government
Over requisition - elementary -36,932
secondary --
Other school boards 40,106 18,641
Accounts payable - other 350,269 749,460
978,542 1,203,018
Reserve for working funds - note 2 791,023 533,600
Net long term liabilities - note 4 6,400,835 7,300,124
$8,170,400 $ 9,036,742
Approved - James M. Scott, Chairman of the Board
- John A. Gummow, Director of Education
NOTES TO THE
FINANCIAL STATEMENTS
December 31,1978
\
1. Accounting Policies
a) Accrual Accounting
The accrual method for reporting revenue and
expenditures has been used with the exception of reporting of
charges for net long-term liabilities. Principal and interest
charges are not accrued from the due date of payments to the
end of the fiscal year.
b] Fixed Assets
Fixed assets are charged to current expenditure unless
financed by long term debt. Principal and interest charges on
net long-term liabilities are included in expenditure in the
period due.
Fixed assets described as capital outlay to be recovered in future
years, are included on the Balance Sheet only to the extent of the
balances of the related net long-term liabilities outstanding and
of the related temporary financing at the end of the fiscal year.
cl Net Long-Term Liabilities
Debentures are recorded as unmatured debenture debt in
the year of sale,
2. Reserve For Working Funds
The reserve for working funds at December 31, 1978 is
applicable to the elementary and secondary school operations of
the Board as follows;
Elementary
Secondary
$410,343
$380,680
$791,023
The elementary reserve includes a reserve of $33,450 for
capital expenditures regarding the sale of Ailsa Craig School.
3. Employee Sick Leave Plans - retirement Gratuities
An employee shall be entitled to the payment of an allowance
on retirement if, immediately prior to retirement, he has
completed ten or'more continuous years of service with the
Board or its predecessors and if he fulfills the requirements of
one of the following sections:
a) is not a contributor to the Teachers’ Superannuation Fund
and is 60 or more years old or is the age eligible for receipt
of a Retirement Gratuity established by the Collective
Agreement applicable to theretiring employees.
b) is a contributor to the Teachers’ Superannuation Fund and
is eligible for an “A” pension under the existing provi
sions of the Teachers' Superannuation Act.
c) is a contributor to the Teachers' Superannuation Fund, is
more than 60 years of age, and is eligible for a pension un
der the then existing provisions of the Teachers’ Super
annuation Act.
The Retirement Gratuity is calculated on the following basis:
i) For Teachers
Accumulated Sick Leave x 1 x annual salary on retirement
2 200
;i) For Other Personnel
Accumulated Sick Leave x 1 x regular annual salary on
2 240 retirement, excluding over
time.
The contingent liability of $2,585,213 was calculated in
accordance with the above policy based on accumulated sick
leave for those Board employees with ten or more years service
with this Board or its predecessor Boards.
4. Net Long-Term Liability Repayments
Of the net long term liabilities outstanding of $6,400,835.
principal amounting to $3,651,074 plus interest amounting to
$1,669,870 is payable over the next five years as follows:
Principal Interest Total Eligible
For Grant
1979 $ 873,951 $ 457,563 $1,331,514 $1,022,448
1980 895,737 392,088 1,287,825 979,115
1981 712,248 324,118 1,036,366 872,315
1982 633,786 269,405 903,191 764,202
1983 535,352 226,696 762,048 631,196
$3,651,074 $1,669,870 $5,320,944 $4,269,276
5. Debt Charges and Capital Loan Interest
The Revenue Fund expenditure for debt charges and capital
loon interest includes principal and interest payments as
follows;
Principal payments on long-term liabilities
including contributions to sinking funds
Interest payments on long-term liabilities
Interest payments on temporary financing of
capital projects
$ 899,290
524,361
6. Anti-Inflation Act (Canada)
Under an agreement between the Government of Ontario and
the Government of Canada, authorized by the Anti-Inflation
Agreements Act (1976), remuneration paid by an Ontario school
board to Its employees is subject to the provisions of the
Anti-Inflation Act (Canada).
CAPITAL FUND
STATEMENT OF OPERATIONS
FOR THE YEAR ENDED DECEMBER 31.1978
(with comparative figures for the previous year)
Capital Expenditure
Fixed Assets and Work in Progress 1978 1977
Buildings, furniture
and equipment $47,096 $847,447
School sites and improvements
to sites -5,019
47,096 852,466
Less: Federal sales tax refund 969 28,954
$__46,127 $823,512
Capital Financing
Unexpended Funds at Beginning of
Year, or (Balance at beginning of
year not permanently financed)
- Elementary $$
- Secondary $$*
Long term liabilities issued and
sold $$430,000Capital expenditure from the
Revenue Fund
(Balance at end of Year not
Permanently Financed) or
Unexpended Funds at end of
Year
- Elementary ■$
46,127
$
393,512
• Secondary $*$ , ....
$.46,127 $....823,512