HomeMy WebLinkAboutThe Lucknow Sentinel, 1980-09-17, Page 22Chartered Accountants.
_License' No. 077
March 28th, 1980,
Stratford, Ontario.
Date of Filing 14 ,, 4 (4, r/
Statement of Revenue
and Expenditure
1979
Budget
(21,992..
3:3,135.
15,720.
173, 300,
6,880,
4MQ._
12,984
249,%9.
38,576,
15,325.
5,860.
6,033, ,
757.
11',213,
13,211.
268,840 -
54,284;'
. 122 ji67 •
176,751, _
445 591
93,295.
102..
137,498.
21,4148.
263,00.
140,701.
45.
13,524.
54,270.
122,201.
130.
122,331.
439,661.
(27,922.)
(23,761.)
30.
( 2.)
( 4,189.)
• (27,922 4
3,545.
14,517.
5,659.
11,037.'
b79.
8,647.
1978
Atttal
34, 85
. 87,500.
1470:33.
• p5A,..26n.
'69,849.
Unfilianced capital outlay (Unexpended capit4
financing) at the heliinning of the year
Capital to penditure
General government
Proteetion to persons and property
Transportation services
EmAronthental services
Health services
Social and family services
Recreation and, cultural services
Planning and development
Other
Total expenditure
Capital financing ,
Contributions from the revenue fund
Contributions from reserve funds
and reserves ,
Long term liabilities incurred
Ontario grants .
Other
Total capital financing .,-
Unfinariced capital outlay (Unexpended
capital financing) at the end of the year
Consolidated Balance Sheet
16T:63-7
Current a sse ts_
Cash
Taxes receivable
Accounts receivable
Other current assets
Capital outlay to be recovered in
future years
Other tong term assets
LIABILITIES
Current liabilities
Temporary loans
Accounts payable and accrued liabilities
Other current liabilities
Net long term liabilities
• Reserves and reserve funds'
Accumulated net revenue (deficit) and
--unaPplied capital receipts
144,000.
' 29,774.
164,774.
• 105,345,,
• 30,900,
(21,992.)
279,027.
• 50,844..
. 109,681.
160,525.
•
328,162.
74,019.
101+.
93,596.
11,107.
34,300.
49.
14,489.
•
48,038.
106,248.
144.
.106,392.
340,724.
(21,992.)
(17,981.).
. 44.
134.
• ( 4,109.) ,
(21,992 •)
1-979,
Arty al
S
70,51,0 ,;
149,001.
56,299.
175,8140.
249,320.
. 19,925.
445,085.-
Acto it
S
15,715.
143,233.
30,950.
89,898. '
180,761;
• 8,368.
279,027.
217,000.
19,536.
• 179,1471.
. 57,000.
(27,922.)
445465.
Falk. 12—tuailew Sent1isity Wedie,0414, SePterni,er 171 1980
1110,Corp.Onition.,:of T.fie -,Tipivoisiviii. WettWii*Onosit
Report
OR, THE YEAR ENDED DECEMBER
A..1001tWOOPOrt:
Our examination was made in accordance With generally
accepted auditing standards and accordingly included, such tests and other
procedures as we considered necessary in the circumstancei,
In our opinion these financial statements Present
fairly the financial positiOn of the Corporation of the Township of West
Wawanosh as at December 31st, 1979 and the' results of their operations
for year then ended, in accordance with generally accepted accounting
principles for Ontario municipalities applied on a baSis consistent with-
that of the preceding year.
1979 1978
Actual Actual
AcCumulated net-revenue (deficit) at
the beginning of the year • '• •
'ExPenditures and transfers
'Municipal expenditures
General government .
.Protection to persons and property
TranSportation service, •
Environmental services -
Health services
Social and family services
Recreation and cultural services -
Planning and development
Other
ofaCexpedditu~e
. _
„ 53,879.
121,241.
Total transfers • 175,120.
Total expenditures and transfers
14214 889
Revenue by purpose
`Municipal purposes
• ; Taxation
Payments in lieu of taxes
Ontario grants
Other grants •
Fees and service charges,
Other
Revenue to pay for municipal purposes
Region or county requisition
Taxation
Payments in lieu of taxes
Ontario grants
Other
. 92,391.
110.
146,265.
18,984
10,000.'
Poi, 750.
40,285,
49.
•
13,501.
Revenue to pay the region or county requisition .
School board requisition.
Taxation
Payments in lieu of taxes
Other
Revenue to pay the school board requisition
• Total revenue
Accumulated net revenue (deficit) at
the end or the year • /
Analysed as follows:
General revenue
Region or county •
School boards
Special charges
Special areas
. Local boards
Municipal enterprises
53,835.
120,966
1141.
121,107.
442,692.
---------
•( 4,1891)
( 4,189.)
( 4,189.)
To the Members or Council; Ibhabitants and
• Ratepayers of The. Corporation of. the •
Townehip of West Wawanosh.
' We have examined the 1979 Financial Statements of the
CorpOration of.the Township of West Wawanosh for the year ended December
31st, 1979.
Transfers
Transfers to region or county
Transfers to school boards .
--Statement-of
Capital Fund Operations