HomeMy WebLinkAboutThe Brussels Post, 1969-07-24, Page 2THMSIWY, Ji:LY 24th, 1969
Itevenue
Taxation
Realty
Rosiness
Contributions from other gaxernment8
Payment in lien of taxes
Subsidies
VILLAGE OF BRUSSELS
STATEMENT OF REVENUE AND EXPENDITURE
for the year ended December 31, '1968
1968 1967
8.
Other revenue
Total revenue
Expenditure.
General government
Protection to persons and property
Public Works
Sanitation and wake removal
Social and Family Services
Recreation and community Services
r;inancial expenses.
Other
Courity•-- share of expenditure
Education - local contributions
Total expendiiture
Deficiency of revenue over
expenditure for the year
Surplus at the boginring of the, year
Surplus at the end of the year
45,057
5,690
50,747
941
49,206
3,401
53,548
5.351
109,646
8,095
9.600
18.295
2,978
16,586
8,05(1
743
6,058
14,358
20,435
111,098
(3,452)
32.918
31,466
ANALYSIS OF REVENUE
for the year ended December 31, 1968
Taxation
Realty Residential and farm
• Commercial ..and. industrial
Business
Contributions from other governments
P...iyments in lion of taxes
Canada
Ontario.
General
I 'el' c1i pita
Residential property tax reduction
Spez!ific
li Lwa3.,..s
,eral lvelta re. Ssistu nee
t.,.r creation
Caltrmd facilities •
Centennial grant
Fire
SAlunicipatities
County of Huron
Other revenue
Licenses and permits
Rents, concessions and franchiseS
Fines
Service charges
Penalties and interest on taxes
income from investnients
Precision for deterred revenue
Transfer from library board
Recovery of taxes Written off
Total revenue 109,646
ANALYSIS OE EXPENDITURE
for the year ended December Z1, 1.963
Ceneral government
Members of council
administration
PruoctIon to persons and property'
Irira
Police
Street lighting
trnclassified
1,106
6„98q
8,0a6
6,1.62
32
2,678
628
5,351
49,206
3,401
53,54S
2,800
1,037
112
460
162
130
646
941
941
50,747
5,563
15,219
1,720
3,674
17
80,812
14,245
45;057
5,690
3,955
19,058
Local boards and other funds
Public Utilities Comthission - Itydro
Brussels Public library
Huron 'truce District High School. Bo
2,618
1113
20
303
141,405
17
1,397
36,887
• Other, after .•deduCting allowances
for doubtful' accounts • .
Ta.x.es receivable, atter deducting
allowance for uncollectirlde taxes
'Property acquired for taxes, after
deducting allowance for loss. on sale.
. Other assets.
1,345
3,522
550
4,070
31,466
on- long term
5.400
166,670
172,070
34,326
1206,396
Lriabilities
Local boards and other (rinds
Public Utilities Commission -Waterworks 1.32r7i . Morris East -Wawanosh Township School
Area - •
Other
Trade aCCOUlltS payable.
Principal and interest due
Surplus
36,887
CAPITAL FUND BALANCE SHEET
as at Oecember 31, 1968
Cu r rant .Assets•
Future recoveries from. levies or •rates
Municipal enterp r ises •
School boards
Fixed assets
Liabilities
Net long term liabilities
General activities
Municipal enterpri ses
S01001 boards
Equity in fixed assets
2,200
5,400
166,670
gQ8,890
'hill BRUSSELS POST, BRUSSELS, ONTARIO
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Village of rtissels
Pu bli c \\•,,r ks
Roadways
L'uclassitiett
June 13, 1.969
The Reeve, Councillors
1.11d Ratepayers
The Corporation of the
Village of Brussels
th.ussets, Ontario
Gentlemen:
1 have a audited the accounts
and the records of. the Village of
Ilrussels tor the year ended. Dec-
ember 31, 1968 and have prepared
therefrom the statements listed
in the index of this report.
Operations
The results the operations
for the year of the general ac-
count and other boards. were as
follows:
Genera: account deficit $
Public Utilities Commis-
sion - 'Hydro surplus $ .6,270.
Public Utilities Commis-
sion - Water surplus 1,173
Itecreation Com-
mittee surplus 1,351
Public. Library • deficit 36o
General
It is 'suggested that the amount
Of accumulated surplus that is not
to be used to reduce the 1969 tax
levy be set up. in a Reserve' for
-Working Moods. in .accordance
with the regulations of the De-
partment; of Municipal Affairs,
Auditor's. Opinion
I hereby 'report that. in my opinion
1. • The financial , transactions
which have com e under my
notice have been within the
powers of the municipality.
'2. The audit has been condnet,
eel in accordance with the
structions of the .Department
of Municipal Affairs.
• .The financial. statements pre•
sent fairly the financial pip:-
ition of the nticipi)lity as 1)1
December 31, 1968 and the
results of its operations for
the year ended on that date
The lioancial statements ar ,v.-
net been prepared Orl a basi.,
consistent with prior yea
but; in the torn] required b.\
the Department of•.pal
Affairs. •
Dote of tiling June 18, 569
Signature A.M. Harper
Licence 'N'ttniber 3604
(1.arbage collection and disposal
Social and family sers'it.es
Clenern) assistanee .
Assistance to aged persons..
Recreation and community services
Parks anti recreation
•• Financial expenses
Interest, on temporary lu
Discount en taxes
Unclassified
Other
AVaterworIcs debentures provided for
(`minty ,share a oxpenditure
Education - local contribut ions
Elementary public
.Secontlary
Retarded children
Total epxenditure
Assets
Clash
Accounts receivable
Other gocernm en tS•
Ontario
Municipalities
111,098
REVENUE FUND BALANCE SHEET
as at December' 31, 1968 •
1,270
1.2.210.
10,586
'11,872
,978
4,78
1,1)18
5,802
•