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The Brussels Post, 1975-06-04, Page 646 43 46 43 9,540 8,176, 4,908 3,319 27,653 21,705 1974 1973 183,160 2,843 13,119-- 169, 656 3, 850 17 3,-50-6- 2,450 8,976 179,082 4,078 199,122 184,912 4. CAPITAL OUTLAY TO BE RECOVERED IN FUTURE YEARS Some capital outlay does not represent a burden on (24,497) (7,975) general municipal revenues, as it is to be recovered in 547 633 future years from other sources. Special charges on benefitting landowners amount to $105,768. __(23, 950) (7,342) (23 , 950) • (7,342) 2,550 3,688 3,486 9,724 1973 2,267 1974 3,578 4,348 4,§65 12,591 ' 7,057 8,976 lotao . 13,205 53- 1/5,067 318 72 2,4211._ _2.367 9,803 4,706 101,809 92,730 3,488 . 1,488 230 -230 229 1,457 1,45.7 229 5,222 u4, 050 _ 307,568 -- 236 83,142 3 249 104,39 463 595 41 485 1,41' 370 2,13 3,772 el 8t it Or. ig rs Or e ta 1.14 erso ont Tw irty e Thi On As eece volv i 4, so ridge ere II lima On 1 jtired Hi P.R, rnbei OnW hide aeKin rked ghwa. hide aeKini ne, E $225,( On Sa nstra s east] east nberr hide ed b3 onto the ) miated eter I olvect i Highw d injut, mated tile Ord N Ned i et, Iv h, Thf 'Revenue Taxation Contributions from other governments Other 199,122 104,396 4 050 3_07,568, 184,932 83,142 5,222 273_,_296 Terry Craig heads OECTA Township of Morris - Auditors Report for 1974 To the Members of Council, Inhab itants, and Ratepayers of the Township of Morris We have examined the 1974 financial statements of the Township of Morris which are listed on the attached Index. Our examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as we considered necessary in the circumstances. The temporary loan for current expenditures exceeds the limit specified in Section 332(2) of The Municipal Act. STATEMENT OF REVENUE AND EXPENDITURE In our opinion these financial statements present fairly the financial position, of the Township as at December 31, 1974 and the rsults of its operations for the year then ended, in accordance with accounting principles generally accepted for Ontario ,municipalities on a basis consistent with that of the preceding year. London, Ontario Thorne Gunn & Co. March 11, 1975 Chartered Accountants Licence #009 NOTES TO FINANCIAL STATEMENTS I • for the yenr ended December 31,1974 Accumulated net revenue (deficit) at the beginning of the year Terry Craig, Seaforth, a teacher at St. James' Separate School, was elected president of the Huron-Perth Unit of the Ontario English Catholics Teachers' Association at the annual dinner meeting held Tuesday in the Seaforth Legion Hall. Other officers are: Clem Steffler, Kingsbridge, Past President; Gaeton Blanchette, Goderich, first vice president; Carla Revington, Stratford, Second Vice President; Sister Loretta, Goderich, recording secretary; Inez Haid, Hesson, corresponding secretary; Sandy McQuillan, Seaforth,. treasurer; councillors are Mary Kennedy, Scaforth and Donald Farwell, Kinkora. Sister Audrey Dumochelle of Stratford will represent the 159 teachers in the Huron-Perth Unit on the Ontario Board of Directors in Toronto. The new executive took office )n June 1. Davidson says (Continued from page 1) received a letter from them assuring those interested that • proper inspections would be made. Council received a letter from the Postmaster-General which said the lobby will remain open 24 hours a day for three months, as long as no vandalism reoccurrs. Six more street lights are to be i. installed and council is to decide on their location later. As Well council agreed to purchase more supplies for the fire hall including a fire hose, hand radio, ladder, and wrenches. The new fire chief, David Hastings is to have a fire phone installed in his home. This will require someone to give up their phone because only six phones can be connected into the system, and it has reached its limit. Kenneth Dunn, of Brussels was appointed dog catcher for a I probationary period, his salary to : be negotiated. So far the Clerk William King : has received five applications for :' part-time secretary. No one has beep hired yet. Three residents, George tanglois, Max Watts, and Jack McDonald applied to the village for a building permit for their pools. The Liquor Control Board of Ontario applied for a permit for the liquor store which is being built next to Thompson and Stevenson on Main Street. Perrnits were also granted to Carman Mach an, Jim Mill, ivanCatripbell, Etruet Donald Long; Bell Workrriart. BAUSSELS POST; JOE 4; 1975 Accumulated net revenue (deficit) at the end of the year Analysed as follows: General revenue Special charges Special areas Police villages Taxation Realty:- Residential and farm - Commercial and industrial Business Specie! charges Contributions from other governments Ontario Hydro Other Municipal enterprises Ontario General Per capita General support grant Resource equalisation grant Provincial-municipal employment incentive program Subsidies Canada Environmental 'services Sa ry nita sewer System WaterworkS • Garbage collection and disposal 1,7in:1ns:dried ProtectiOn to persons and property Eire Police Protective inspections Street lighting Unclassified 'rtanspartcitiOn Services Roadways Transit Traffic control Parking Drainage Tile drainage Unclassified OflokigsMod Getieral government Members of council General administration Unclassified 1974 1973 2,276 32,410 3, 649 57,225 86,197 _ .1,249 32Z±,176 (7,342) (11,257) 9,724 4,706 102,297 1,457 229 1,285 7,075 7,089 53,034 82,008 477 759,381 2. BASIS OF CONSOLIDATION The Consolidated Balance Sheet reflects the assets and liabilities of the revenue fund and the capital fund. There are no trust funds or local boards of the municipality. These charges were recovered from the ratepayers for which the related net long term liability was incurred. 1. CHARGES FOR NET LONG TERM LIABILITIES Total charges for the year for net long term liabilities were as follows: Principal payments Interest $9,579 3,626 $13,205 3. NET LONG TERM LIABILITIES Total long term liabilities incurred by the municipality and outstanding at the end of the year amout to $105,768. ANALYSIS OF EXPENDITURE far the your ended December 31, 1974 ANALYSIS OF REVENUE for the, year ended December 31,1979 ' Specific Roadways Municipalities . Reforestation . Gravel pit Other revenue Licenses and permits Rents, concessions and franchises Fines Service charges Penalties and interest on taxes Income from investments Tile drainage Total revenue Unclaasified 2,276 _1„215----. 2 276 COmmunity planning and development Planning and zoning Urban renewal Industrial developinent inclassified 32,410 expenses Intl Fi s1 on temporary borrowing. 3,649 7,089 Dishimiti on taxes l'rovisitrn for allowances Provision for reserves tiny lassitied 3 ' Region or cou rity - share of expenditure 57_, 225 53 0 Education litenientary inblic 41,983 45,05/ separate 1;311 1 5 011 Viecarulnry, lIniversit leg and colleges 42,503 3 234_ -_86„„197 Other Deretted telidnt.id .1,246 477 eXpenditare. 1,240 - 314 176 62,000 49,663 104,101 82 863 246 236 - • Expenditure General government 12,591 Protection to persons and property 9, 803 Transportation services 115, 067 Environmental services 3,488 Conservation of health, 230 Social and family services RecreatiOn and community services Conmtunity planning and development Eiriancial expenses • Region or county - share of expenditure Education Other