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HomeMy WebLinkAboutTimes-Advocate, 1978-08-31, Page 2Page 2 Times-Advocate, August 31, 1978 PUC debate firemanFinal plan review Continued from front page whether it also applied to boats and travel trailers. Boyle’s interpretation was that the adjective applied only to vehicles and there was a general restriction that people could not store any boats or travel trailers on their properties for a period of more than one month unless such vehicles are stored in an enclosed accessory building or gar­ age. Council members also were pleased to note that the problem of merchants dis­ playing merchandise on the town sidewalk in front of their stores may also be covered in the new zoning bylaw. Council had planned to prepare a bylaw to confine such displays, but Boyle suggested the zoning bylaw appeared to cover the matter adequately. “If this covers your con­ cern, we won’t need a bylaw,’’ Clerk Liz Bell com­ mented. Councillor Wright said that it may be necessary for merchants to contravene the bylaw to stage their annual sidewalk sale, but Shaw suggested a sentence could be added giving council the right to allow street displays on certain occasions. The regulation in the bylaw stipulates that dis­ plays are permitted in areas located “to the rear of the front lot line’’. There was also some debate about the list of ap­ proved businesses which could operate in a highway commercial area. Mrs. Bell said that probably none of the listed businesses would be of the type the owners of the northend shopping centre would want as tenants, other than a restaurant. “They (the planners who drew up the document) may be expecting the owners (of the shopping centre^, to provide some input in that regard,’’ Shaw suggested. At the end of the meeting, parking authority chairman Bill Batten expressed some concern that the lot coverage restrictions had been dropped from the new bylaw for the core commer­ cial. He said this could create problems for the pre­ sent plan to open parking behind the stores. The previous bylaw stipulated , that core buildings could cover only 75 percent of the existing lot. Members discussed that matter for some time and suggested having a meeting with the parking authority prior to next week’s public meeting in an effort to resolve the matter. PIES FOR BARBECUE — Delicious pies topped off a successful pork barbecue at Kirkton, Saturday. Displaying the pie varieties are Elsie McIntosh, Annie Weernink and Isobel Fletcher. T-A photo Water restriction soon off Water restrictions in Ex­ eter are expected to be lifted “very early in September” according to PUC manager Hugh Davis. He provided that informa­ tion in answer to a query from Mayor Bruce Shaw at Tuesday’s Commission meeting. Davis also suggested that the restrictions for next year will probably be the same as this, allowing residential users to water lawns and gardens for two hours each evening. In the past, before the Usborne wells were in operation, watering was confined to three nights per week. The Commission members were advised that water consumption during the month of July was up 10 percent over last year, despite the fact one of the major users, Tucke.y Beverages, had moved their operation to Huron Park. Continued from front page rect. In such cases, the fire department member would have to take the truck to get to the fire hall or fire scene and therefore would be tak­ ing most of the equipment with him. Chan Livingstone said the major problem may be con­ veyance to the fire hall, but noted that if all employers were reluctant to let employees join the fire department “we wouldn’t have much of a fire department.” It was finally agreed to get statistics from Fire Chief Gary Middleton per­ taining to the number of fires per year during the day and an estimate of the number of hours involved before making a decision on the request. Increase insurance The Commission reviewed their insurance coverage and agreed to increase the protection on non-owned vehicles. For an additional $3 per year, the protection will increase from $500,000 to $1 million. However, they decided not to take out a policy on the water tower. The elevated tank is valued at $400,000 and the premium would be $2,000 per year to have it replaced should it fall down. There is liability in­ surance on the tank for any damage caused to persons or property injured by such a catastrophe. “For $2,000 we can put guys on the tower,” Livingstone suggested, while Greene noted that a parachute installed on the tank on Nelson St. would keep it from coming down too quickly. Later in the meeting, Davis asked what price the Commission would consider charging the town to have the police communication antenna installed on the tank. No decision was made, PLAN MEETING The Huron-Perth district 8 members of the Ontario Association of Agricultural Societies have announced plans to hold their annual meeting at the Kirkton- Woodham Community Centre. The session will be staged on Wednesday, October 25 and will be hosted by the Kirkton Agricultural Society. William Westman, Milverton, is president of the Association, but plans to retire after three years in that position. Don Young of Auburn is secretary of district 8. with the Commissioners offering varying suggestions from Livingstone’s $1.00 per year to Greene’s suggestion that $2,000 in rental would cover the insurance policy. In other business, the Commission: Learned that Snell Bros. Ltd. had been granted per­ mission to use their water cooled air conditioning system for relief from the heat this summer on the un­ derstanding it would be con­ verted for next year. In Ju­ ly, the Commission decided to stick by a policy of not permitting water cooled systems in view of the vast amount of water they con­ sume. Learned from Davis that the electrical storm last week knocked out six ballasts in the street lighting system, causing damage of about $300. He said prior to the meeting that in earlier times, the only damage caused by such storms was the necessity of replacing a few light bulbs. Were advised by Livingstone that a new Ex­ eter firm, Windward Marketing, started up by two former employees of Dashwood Industries, plann­ ed to provide an answering service for the community. He made the announcement after Davis said the PUC would have to start thinking bid about an alternative service if Mrs. Lorna Dale ter­ minated her service when the new police communica­ tion system comes into effect. COMPLETE COURSE Dorothy Van Esbroeck. RR 1, Hensail and Greg Dougall, RR 3, Exeter have returned from Bark Lake after successfully com­ pleting a two week residen­ tial course in camping skills and outdoor recreation. The course was held at the Ontario Camp Leadership Centre operated by the Sports and Recreation Bureau near Irondale, On­ tario. The two local youths were two of 144 young people selected from applicants from all over Ontario to at­ tend the training course. Students who succeed in completing the course are better qualified to give leadership in outdoor educa­ tion in their schools. Skills taught include nature lore, out-tripping, canoeing, sailing, swimming and crafts, Dorothy Van Esbroeck and Greg Dougall expect to try out some of the new techniques upon returning to South Huron District High School in September. Report to the Ratepayers of Exeter For The Year 1977 Auditor's Report Public Utilities Commission Water Supply System To: The Members of Council, Inhabitants and Ratepayers of the Corporation of the Town of Ex­ eter. We have examined the consolidated balance sheet of the Corporation of the Town of Exeter as at December 31, 1977 and the consolidated statements of revenue and ex­ penditure and capital operations, for the year then ended. Our examination was made in accordance with generally accepted auditing standards, and accordingly included such tests and other proceedings as we considered necessary in the circumstances. In our opinion, these consolidated financial statements present fairly the financial position of the Corporation of the Town of Exeter as at December 31, 1977, and the results of its operations for the year then ended in accor­ dance with accounting principles generally accepted for Ontario municipalities applied on a basis consistent with that of the previous year. London. Ontario April 9,1978. Licence Number - 777. 69,284 ASSETS 1977 1976 $$ Current Cash.....................................63,404 111,762 Accounts receivable.........3,880 5,910 Inventory.............................2,000 1,200 118,872Total current assets............. Fixed - at cost Land..................................... Pumphouses and wells .... Transmission and distribution system.............................. 1,444,117 Equipment.......................... 23,047 1,890,644 Less accumulated depreciation. 482,647 1,407,997 6,000 417,480 6,000 226,490 Kime, Ditchfield, Mills & Dunlop Chartered Accountants Statement of Revenue and Expenditure for the year ended December 31,1977 Accumulated net revenue (deficit) at the beginning of the year.......................................... EXPENDITURES AND TRANSFERS Municipal expenditures General government....................... Protection to persons and property.......................................... Transportation services................ Environmental services................ Health services................................ Social and family services........... Recreation and cultural services. Planning and development............ Total expenditure................................ TRANSFERS Transfers to region or county....... Transfers to school boards............ Total transfers..................................... Total expenditures and transfers............................................ REVENUE Revenue by purpose Municipal purposes Taxation............................................ Payments in lieu of taxes............... Ontario grants Other grants..................................... Fees and service charges............... 1977 Actual $ 1976 Actual $ 62,066 32,945 Other Debenture discount.......... Total assets............................ LIABILITIES AND SURPLUS Current Accounts payable.............. Due to electric department. Sales tax payable.............. Holdbacks payable........... Total current liabilities....... Long-term Debenture debt outstanding. Capital surplus Equitv in assets financed by debenture................... Contributed capital.......... Retained earnings . Total liabilities and surplus ................. REVENUE Sale of water Domestic................... Commercial............. Fire protection......... Investment income .... Late payment charges Miscellaneous.............. 4,300 1,481,581 3,479 5,886 76 15,793 25,234 619,300 270,100 254,118 524,218 312,829 120,114 92,857 22,870 3,290 864 2,420 1,158,921 20,618 1,412,029 425.309 986,720 1,105,592 400 3,578 3,978 384,000 1,105,592 1976 $ 94,176 68,845 17,674 5,522 613 772 3,360 85,793 113,017 EXPENSES 242,415 187,602 267,169 181,748 General administration.......16,682 12,339 224,174 232,250 Billing and data processing.8,905 6,988 346,199 170,887 Power and pumping.............41,802 30,310 12,785 11,706 Maintenance 4,390 4,911 Mains....................................12,353 8,134 135,209 117,472 Meters.................................618 192 2,264 7,785 Services...............................4,030 3,255 3,9001,077,983 839,776 169,844 375,487 545,331 165,531 306,408 471,939 Rent.............................. Principal and interest charges .................... Depreciation.............. 1,623,314 1,311,715 58,680 55,875 202,845 39,570 273,259 Net income............................. Retained earnings, January 1, Retained earnings, December 31.312,829 516,281 15,790 311,257 65,257 77,722 463,712 13,962 272,076 45,762 39,468 Public Utilities Commission Statement of Capital Fund Operations for the year ended December 31,1977 Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year.......... CAPITAL EXPENDITURE General government.........'................ Protection to persons and property. Transportation services.................... Environmental services.................... Recreation and cultural services.... Planning and development................ Total expenditure................................ CAPITAL FINANCING Contributions from the revenue fund. Contributions from reserve funds 1 »" and reserves..................................... Long term liabilities incurred......... Ontario grants..................................... Other...................................................... Total capital financing....................... Unfinanced capital outlay (Unexpended capital financing) at the end of the year...................... 1,: l,j 1977 Actual $ 1976 Actual $ 215,585 112,500 45,113 93,739 2.033 108,606 212,539 811,157 981,013 125,933 ,332,404 5,584 1,053,313 248,839 111,311 222,925 8,000 676,430 520,437 31,642 236,385 122,845 ,228,586 950,228 319,403 215,585 South Huron Recreation Centre STATEMENT OF REVENUE AND EXPENSE FOR THE FOUR MONTHS ENDED DECEMBER 31,1977 REVENUE Grants Twp. of Usborne................... Twp. of Stephen................... Twp. of Hay..............,.......... Donations.................................. Rentals Ice........................................... Other....................................... Admissions and registrations Concession sales....................... EXPENSES Bank charges............................ Salaries and wages.................. Materials and supplies........... Services and rents.................... Excess of expenditures over revenues........................... 9,578 2,879 16,294 12,543 266 24,036 20,171 13,021 $51,968 57,494 $ 5,526 Exeter Cemetery Board December 31,1977 (with comparative figures at December 31,1976) * '’'’”"’3 1977ASSETS 1976 $ Balance Sheet as at December 31,1977 ASSETS CURRENT ASSETS Cash........................... Accounts receivable Taxes receivable.... - Investments............. Other current assets Capital outlay to be recovered in future years Other long term assets....... LIABILITIES CURRENT LIABILITIES Temporary loans................ Accounts payable and accrued liabilities.......... Net long term liabilities...... Reserves and reserve funds Accumulated net revenue (deficit) and unapplied capital receipts................. 1977 1976 $$ 26,689 121,320 53,183 64,123 50,302 51,517 1,222 1,222 44,394 42,203 175,790 280,385 1,892,893 1,470,035 82,636 31,979 2,151,319 1,782,399 53,784 253,981 240,360 307,765 240,360 1,573,491 1,254,450 279,668 225,523 (9,605)62,066 2,151,319 1,782,399 Notes to Financial Statements Other ................................................20,180 30,502 Revenue to pay for municipal purposes............................... .......... 1,006,487 865,482 Region or county requisition Taxation...........................................127,468 116,901 Payments in lieu of taxes.............1,502 1,930 Ontario grants.................................40,723 48,135 Revenue to pay the region or county requisition..........................169,693 166,966 School board requisition Taxation...........................................373,295 306,235 Payments in lieu of taxes.............2,168 1,719 Other.................................................434 Revenue to pay the school board requisition........................................375,463 308,388 Total revenue.....................................1,551,643 1,340,836 Accumulated net revenue (deficit) at the end of the year........................................(9,605)62,066 Analysed as follows: General revenue.............................(15,295)56,189 Region or county.............................1,515 2.041 1,666 School boards..................................2.065 Local boards....................................2,134 2,146 (9,605)62,066 REVENUE ro Sale of energy Residential..................... Commercial.................... Street lighting................. Rental................................... Interest and late payment charges ........................... Miscellaneous.................... EXPENSES Energy cost.................... Operation maintenance Administration............. Financial expense......... Depreciation................. 4,116 7,274 759,001 Net income (loss)................. 20,067 Retained earnings, January 1. 441,432 Deduct prior period adjustment (note 4).......... 2,111 Retained earnings, January 1 - restated............................. 439,321 Retained earnings, December 31.459,388 340,266 241,827 9,805 3,125 3,548 2,925 601,523 450,065 60,562 69,090 4,355 26,033 610,105 (8,582) 450,014 441.432 538 90 Current Cash ............................. Accounts receivable 2,517 Total current assets.........................2,517 628 Fixed - at cost Land..................................................10,225 10,225 Buildings..........................................7,287 7,287 Tools and equipment......................4,398 21,910 4,398 21,910 Less accumulated depreciation ....1,169 20,741 584 21.326 Other - at cost Perpetual Care assets...................152,940 142,790 Pre-Need Fund assets...................1,523 154,463 1,513 144,303 Total assets.......................................... LIABILITIES AND SURPLUS 177,721 166,257 Current Accounts payable............................195 223 Perpetual Care owing to trustee.......................................131 1,509 Total current liabilities....................326 1.732 Reserves Reserve for Perpetual Care Contracts............................152,940 142.790 Reserve for Pre-Need Contracts.................1,523 154,463 1,513 144,303 Surplus.......................... ,.22,932 20,222 Total liabilities and surplus .............................................177,721 166,257 1. Accounting Policies (a) Statement of Revenue and Expenditure This statement reflects the revenues and expen­ ditures of the revenue fund and the following local boards: South Huron Recreation Committee Industrial Development Commission (b) Statement of Capital Operations This statement reflects the capital expenditure of the municipality to be recovered from the general municipal revenue of the municipality and its local boards as 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 local boards ds described in note 1(a). The assets -and liabilities of enterprises that have not been consolidated are reflected only to the extent of their related net long term liabilities and capital outlay to be recovered in future years. (d) Fixed Assets The historical cost and accumulated depreciation of fixed assets is not reported for municipal pur­ poses. Instead, the “Capital outlay to be recovered in future years” which is the aggregate of the principal portion of unmatured 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. (e) Municipal Enterprises Municipal enterprises are those activities whose costs are substantially recovered from service charges on the users. The enterprises of this municipality whose revenues and expenditures have not be consolidated in these financial statements are: Public Utilities Commission Exeter Cemetery Board (f) Charges for net long term liabilities Debt retirement costs including principal and in­ terest are charged against current revenues in the periods in which they are paid. Interest charges are not accrued for the periods from the dates of the latest interest payments to the end of the finan­ cial 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: Municipal enterprises.. 1977 $643,166 (b) Capital outlays, including fixed assets and the transfers of capital funds m the amount of $248,839 which have been financed from general municipal revenues of the current year, are reported on the Statement of Revenue and Expenditure.