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HomeMy WebLinkAboutThe Brussels Post, 1969-05-22, Page 3Box 299 Blythe 00o Phone 5.23921.1 'Timilakopitolosoilki*mhtiiii(otigozo, THE BRUSSELS POST ROY W, KENNEDY, Publish.er Published at Brussels, Ontario, ev'e'ry Th.prsclAy Box 50, Brussels, Ontario, lieeend Class Mail Registration Number '',56•W • Member' of Canadian Weekly Newspapers P,ssoolatIP Ontario. Weekly ,Newspapers Association S(.11001 hat' get t he, for. of regional g,overitnio)it back ton years. if that is the cage. maybe tne intervening decade will. I>I'in n change in thinking and: at toast some modification to Itti!. entire businesS! • `Pt-ETC . rry,uf,sW ATER NEA WS R. J. BAIJER YOUR MASSEY - FERGUSON DEALER Complete Line Of New and 'se R' Farm Equipment PHONE 5 BRUSSELS. ONT. 141, D. A. RANN FURNITURE STORE Liidenseci Funeral Director and Embalmer MAX L. WATTS, PROPRIETOR PHONE 36 or 85 BRUSSELS, ONT. WINGHAM MEMORIAL SHOP PTLI TY SERVICE unAcvsmANSHIP Open Every Week Day Your Guarantee for Over 35 Years CERMETERY LETTEING BOX 156 WINGHAM JOHN MALLICK CRAWFORD, SHEPHERD & MILL J. N. CRAY/11000, Q. G. N. A. SHIPKERD, M.A., L.L.D. A, R. M. MILL S.A.. L. I— IL BRUSSELS and . WINGHAM Phone 120 Phone 357-3630 J. E. LONGSTAFF OPTOMUTRIST SEAFORTH MEDICAL CENTRE 521-1240 rtiesday, Thursday, Friday, Saturday Thursday Evening CLINTON OFFICE, 10 ISSAC STREET Monday arid Wednesday 482-7010 :ail Either Office For Appointment VHF Mi.X.Ii.:LOP MUTUAL., FIRE • jNSURANCE COMPANY Street at/Armen*, meow • Town Dvonimp ▪ Alt Classes of Farm Feeiriert, * Summer Cottages " Churches, Schools, king Extended coverage (Wet smoke. water damage, falling objects, tie.) Is also avaHable AGENTS. -arras Keys, Rit i, Seieforth; V. J. Lans. RR 5, irmisfortt , Wm. 'Alper, Jr. Londesboro: Selwyn Raker, 111rUseels: Harel0 Squires, Clinton: Georg.) Coyne, NON Donidif G. titbit, SeifiNtitk THE) BRUSSELS POST, 13rtussitlLs, ONTARIO THITRSDAY, MAY 22nd, 1969 Future School 0t,hor CAPITAL FuNp BALANCE sHgET as at December 31, 1968 recoveries from levies or rates. boards Note 4, 2-101 assetS 110,057 195,7; .605,794 :330,435 79,622 year is Not long term liabilities a 2, Charges for Net Long Term Liabilities. • • Total charges for the year for net Principal Payments hilities were as follows: Interest long term lia- LICENCE PLATES FOR • HISTORICAL, VEHICLES. 'Eft NA oly licence • plates Will be issu e ill rQspeCt or biBtorie vohicies for , I cep of $10. Historic vehicles are at least thirty years old and must be substantially un- changed from the original manu- facturers product. Commercial vehicles do not qualify. • fliatoric motor vehicles cart 339,403 only be operated on a highway for tho purposes of exhibition, tours or similar functions organixed1iy properly constituted •• automobile' clubS, of for the put-pose of par- odes, repair, testing er demon- Stration •for sale, The plates are marked to iden-. (fly the Mass of vehicle and to in- dicate limited highway use. They err issued only at the Queen's Park. office or (Ere ()Ataxic Depart- ment of Transport Theonto and are similar to sinndarU Viates (white lettering an blue hae,t7 ;ground I with 4i red stripe on each side carrying the words "Histor- ic Vehicle" inn white letters. REGIONOL :GOVERNMENT. PHOOEY! Whet • "regional government". Was first Ment(oried as being $6,3:10 the general public took an alias-' the cards. for Ontario that wraS• 10st a bit over a year' ago'F. thetic 'attitude. Most of us thought 23,541; it was just another dream.of some $ 59;851 way-out politicians that woolen never materialize; others took the attitude of, well. it. can't he Much. worse than what we already have. The• apathy has now turned to alarin. -Why? Because it is evident from the small taste of "regional- it18" already experienced, that it IS. going to be a costly move — more costly than even. government source~ could foresee. Further, it is •diffieult to see at• this early stage, the benefits. that are sup7 poSed to follow. W4uleavouring to watch the ehang# lag scene and .assess the ;picture as fairly CIS possible. We Can't Make lip our 11110(1 about. the.ulti7 mate outcome of regional govern- ment. Certainly it's going to be Costly to the point that Mr. and Mrs. Trixpayer will nod the butd-• en almosq. unbearable. The bene- fits,.if any. are going to be a long• time materializing. It adds up to the nue.,stion: Are we sure we. are • moving in the right direction. County School :Boards were the big Move toward regional govern- ment. We could see this increas- ing costs, but not to the point. -reached within four months of the larger Boards' information. It's the same right across Ontario, and the public is raising n great hue and cry. The people "in pow- r'r' are asking why did the public .• wait until now to object. why wd.nicsi they not raise cry when the first 1 prop —HNl almou T1 em en t made. We'll tell you why: be- cause it conic On us (Mite suddenly 1 rosy picture of clew-10111y was ioninted. and the general public .bad little or no idea is to just Mika the move entailed. Now that tile picture. quire elenr a5 to what "regionalitis" meats and the effect it will have 011, the taxpayers' purse-strings — well,. as We say, the apathy Wa.y ,to alartn. it has ht1.011.. p.taqt ri, [hid tip., i'intt)110 OV.611. County.. Net long term liabilities (Note 1, 2-10) General municipal activities (Note 3, 2.10) School boards (Note 1, 2.1(1) 14.4111[1.y in Bxed a 'eta • Of the total charges shOW).1 altove, an amoitnt of 16,000, was paid from Un' general revenues of municipality and is included iu extieuditurc classified under the apProprial functional head- ings, and an aniount of $43,851. was recovered froni the school boards for which :the related net long term liabilities were incurred, (These • charges are included in tbe "'.Coral Expenditure" of $329,713. on Statement 2-1 ) !,,.• Net Long rinerm Liabilities to be Specially Assessed Certain net long term liabilities, the terms of which will require. certain lands to be specially 'assessed, have boon included in the net long term. liabilities classified under gem,kral municipal activ- ities. The basis 111t1 the amount of these asses- sments are as follows; $.73,900 The Tile Drainage act The Prainage Act 716 $ '79,622 • •(This antount is included -with "Alta • Long 'Tern Liabilities General 'Municipal Activities" on the Capital Fund Balance Shoot, Statement 2-fl. Assumption of Lebentures Issued for School PtirposeS ()in Jant.iry 1st, 1'.169, the Huron County Board ot Education assumed from the municipality the re- sponsibility for the paymPlit of the principal and interest charges on the delientures issued for school puilioses. The ncl long term Liability for such dehc-ntures amounting to $330;135, is report- ed under "Net Long Term School Boards" on the capital fund lyala.nce silent. The: related amount recoverAle is reported nutlet' "U'uture Recoveries from Levies or Rates School. Boards." (See Statement 2-61 NOTES TO FINANCIAL STATtIVIENTS. .for the year ended December 31, 1968 .1 Net Long Term Liabilities Total long term liahilriles incurred. by the municipality and outstanding at the end of the year amount to $336,622 In addition, the municipality has assumed respon- sihility for the payment:E. of principal and interest charges on the long term liabilities of other muni- cipalities, (lie principal timount of which at the Year is 107,123. Of the .outstanding long term liabilities shown. hhoye, the roSponsihility for payment of principal itnd interest. charget,„ has Ile(-;t1 aSsumod by others. The principal amount of which at the end of the (33;093,1 end of IA year (2-6) $11.076.6:1 • .3:30.135 339,4.03 • .79,622 85,204 195,737 139„795 6115,794 564,402 410,057 121,6117 421,607 139,795 50 ,4,402 8,201