HomeMy WebLinkAboutThe Brussels Post, 1968-04-11, Page 6Source of tunds
.600,N11.99
STATEMENT OF SOURCE AND APPLICATION
OF CAPITAL FUNDS
For the year Ended December ,31, 1967
SOURCE
.Provin(q., of Ontario - Ti10 Drains $24,900.00
'$ 6;550.37
$ 1.,036.111!
Due to Other Funds (specify)
Municipal Drains-
Other Liabilities ,
1)0i:erred Revenue
• • Credit
$30,21,1.52 Balance at heelithinv el' year
Surplus or deficit 'nonfood in Current .Paidael:
REVENUE Actual Budael•
aq8t,aN,36
• .1,s16.lift:f5
1,,900,00
1,307,00
Total. ItOVEilitte irom 'Vasa:Lion
Long-Tern). Debt Chargos. 1:teeu5'rable
i1lOrernments: •
Ontario •
Direct Relict $ 2,821.14
Highway Improvement 51,068.63
Unconditional Per Capita Grants •8,221.50
Other (specify) •Warble Fly 411,65
• „467.4
Other • Municipalities Helier' 618.51
Miscellaneous. • 414.31 1,092,82- 400.:00:
Utosa Total Revenue
Total Revenue Section
2,433.86 2,34,1.(i0
$257,045.57 $236,542.5e
$257,04Ci.57 $266,542.50
EXPENDITURE Actual Budget
3,312.93
889.80
335.10
Public Works, Roads, Flighiways
Streets etc,
Sanitation and Waste Removal
Conservation of 11,ealth
Social Welfare
Relief a6SiStuitee
'institutional Care
Welfare Administration
40,724.53
42,168.58
Itidacation, including debt. charges
ReCreation and Community Services
Debt Charges • •
Long-term debt charges
Less own share of school
debt charges
9,010, 9,100.0,
150,00
22,007,00
j160.00
150.00 60,88
2v,216.79
CAPITAL ANC) LQAN FUND 6ALANCE SHEET
.pecember 31090:7
ASSETS
ertil -Pi$o2t1 (as per 'SeliedUle 18)
to 'rem Schools: (for Debentures).
Public anti Continuation •
CVlegitate and High
Technical anti Vocational
Due irum Other Municipalities
er Debentures Assumed
Accouuts Receivable
Tile and Municipal Drains
LIABILITIES
Drainage (other than (;eneral)
School's
Publie :(11 Continuation
,Total
1.`110 Lu Other 111unicipalities •
1::'orl,lebentures Assumed)
aVestment in Capital Assets •
APPLICATION
Application of funds during the year
Fixed Assets and Work in Progress
Public Works
REVENUE FUND BALANCE SHEET
December 31, 1967
ASSETS
Cash on Hand
Cash in Bank
Accounts Receivable
Sundry
Agreements
Due from Province of Ontario
Due from Other MunicipalitieS
Due from Other 13'unds (specify)
Municipal Drains
Taxes Receivable (Shedule 5)
LesS Allowance for unceilectable taxes
Total Assets
LIABILITIES
Teinporary Loans
Accounts Payable
Debentures. and Odupons Due
Principe I
Interest :15,692.50
Due to Other Local:Boards and Commissions (specify)
Police Village of Ethel $ 738,10
Surplus
Total Liabilities and Surpltis $84,110:81
REVENUE FUND SURPLUS (DEFICIT) ACCOUNT
• December 31, 1967
STKIEMEIN't R vENUE r..NU EXPE.!NDITURE
For the year ended December 31, 1967,
CiON Enterprises: Ontario
1.1.E.P.C: in Lieu of Taxes $17,33
17,33 17,94
Lieunses and Pumas (inelude dog tax) 726.00 750,00
interest, Tux I'enalties; etc. . • 2,334i:55. 2,300.00
Other ltevcnue •
Pines • ;57.70.
service. Charges 2,083:93
Recreation and Community
Services 2,141,63 1,600.00
Miscellaneous (specify) . •
Defered Income taken into Revenue 192.1.0
School Audit Fee Recovered 100..00
From Municipal Drains.tor
Debentures • : • 2,141.70
General Government
Exectitive. and .Degislative $1,450.00
Administrative 7,106.02
Other -490.17
Protection to Persons and Property
Fire
Flood Control
Street Lighting
Protective Inspection, Weeds
Other (specify) Warble Fly
(Livestock Damage
523:04
1,272.13
24.912
49.91
1,212.25
1.26.91
18,555.95
Short-term interest & other charges '3,720.84
150,00
56,808.30
506,25
57:214,55 57,314,55
114176 POdt, ki,U$S.FIL14 oirr,4440
11th,
25th, March, 1008
The Reeve, Councillors
and Ratepayers,
Township of Grey,
Mhel, Ontario.
Dear Sire;
As per your instructions we
have completed the audit of the
books and aeCounts of the Town-
ship of Grey and the local boards
for the year ending 3Ist Decemb-
er 1967, and have prepared the
various statements and schedules
as required by the Department
of Municipal affairs.
The operations of the Town
ship General Account for the past
year resulted in a surplus of
$2,117.91 as set out in Statement
D, The accumulated surplus at
31st December, 1967, is $32,132A4
as set out in statement C.
We hereby report that in our
opiniont
.3.) The financial transactions
which ha-re come under our
notice have been within
the powers of the munici
Palit,5%
2) The audit has been con-
ducted in accordance with
thet instructions of the
Department of Municipal
Affairs,.
8) The financial, statements
pr'esent *fairly the financial
position of the municipal-
ity as at 81st of Dec-
ember, 1967, and the re-
sults of its operations for
the year ended on, that date.
In conclusion, we wish to ex-
press our appreciation for the co-
operation which we received from
the :officials,„ .,of. your township
with whom Au were in contact
iluring the course of our audit.
Respectively submitted,
Monteith, Monteith & Co.,
Chartered AecountaTits
License Number 3275
Date of Filing March 29th, 1968
.139,795'.35
'954120;19
33S,4(i2.99
30,410.00
85,203,65
$ 85,203,65
tV75,000.00
275,000.00
$260,203,65
100,812.90
1311,795.35
$24,900,00
$24,900,00
$ 1,117.'81
6,562,58
$ 124.00
ti •
$19,151.18
$11,472.72
$12,000.00'
$ 7,98 .39
124.00
16,218.66
$19,451.13
41,472.72
$84,410.81'
$16,000,00
961.39
27:692.50
:/38.f0
f 650.37
.1.036.01.
32,4:4:4 4
Rah-ince after above adjustments
Surplu(J, or Defieit for the year
Totals of Debit and Credit columns
Balance of Surplus or Deficit at year end
Institutional and Public Utility
,:Deficits -Provided :(specify) •
'Cemetery
;TaXOR written on '
Joint or Special 11ixpenditures
County. Rates.
Pollee Village Rates
3;880,76
85,000.00
3'50.00
57,103.,83
414.00
72.00
3,346,08
69,724.64'
710.00
4,097.83 3,7(0,00
69,124,00
1,100.()0
Miscellaneous '(specify)
Police Village Grant
Gress TotaA Expenclittlre
Tr'
SurpluS foi the Year
• BalanCe
$30,31.4.53
$30,314,53
$.32,432.4.4
556,57 ri56,00
$2;1.1,921.66 *25 3,032.25
2,117,91
Total FAiPelitlitiire Section $257,045.57 $256,542.51Y
2,11.7.91
2',432.44
554.87