HomeMy WebLinkAboutThe Lucknow Sentinel, 1980-10-22, Page 181979
Actual' •
S
106,959
1,700
200,995
, 1'14,400
31i,095.:
58,181
.. 114,400
..118,817
. 1 X75
141
,§0.,881
50,531
79,655
1,410
130,600
211,665.
130,600
1,410
8.4 794
CHARTERED ACCOUNTANTS
.1.1ofinanced capital tiutfay (Unexpended
capital finaiicitig) at the end of The year
-1578'
Actual
$
Capital financing
• ,
ContribUtiOns,froM the revenue fund
Contribtitions from reserve fund!:
and -rcserveSI • ,
Long tern) liabilities incurred.
Ontario grants
Other.
Total. capital finaneing.
1978
Actual
$
27,811
96,377
.69,409
388
193,985' ...
705,992
17,399
723,391
917,376 „.
1979
Actual
5
35,894
99.,394
75,021
1,843
212,152 _-
721,989
29,332
751'321
963,473
rr%, wrtog --••• • ,#..-77,44• •
adiesdaY, Z2t X980.
The corporation of The Township of Ashfield
Auditor's Report and Financial Statements
For The Year Ended December 31, 1979
A ud'itor's •Report
-Page 18,-Lildinow Sentinel
MacGillivray Co,
•, Chartered Accountants
84>t 1,87
40 The Square; Gotterich, Ontario
NTA 322"
(3191524.2677
International
Spicer and Oppenheim
Accumulated net revenue (deficit) at
the beginning of the year
Expenditure's and transfers
Municipal expenditures .
Generalgoyernment •• 57,00D
protectiOn to 'perxims and troperty 16 ,585
Transportation services 253,246
Environmental services 8,000
Health services 9,00Q
Social and family services
Recreation and cultural services
Planning and development
Other
Total expenditure 467,956
To:• The members of council,' inhabitants, and
ratepayers of the Township rd Ashfield
We have .examined the financial statementV''of the Township of Aslifield
for, the year ended•DeCenthee 31, 1979.. 'Our examination was made in acdt.irdauce
with generally accepted' auditing standards and accordingly included such
tests and other procedures as we considered necessary' in the -circumstances.
In our opinion,- these financial statements present fairly the
financial position of the Township of Ashfield as at December al, 1979 and
.the results of its operations, for the year then ended in accordance with
accounting principles generally accepted .for Orit$trio municipalities applied
on a basis consistent with that of the preceding year. .
Goderich, Ontario,
MarCh 3, 1980, .
LICENCE NO. 94,
Statement of Revenue and
Expenditure
17,000
107,125 .
26,358
1979
Budget $
. 350,2.37
9.9 2494?
23,716
350,237 . 310,785
310 785
,
•
Montreal • -
Toronto
Hamilton
Brainolen
St CatharineS
• Port Colborne
Listowel
Codorleh
winnipeg.
Calgary
Edmonton
, Pr InceGeortle
Vancouver
. 37,761
. 2b-,-99-9--
256,539
7,574
.• 12,641
. 7,010.
89,891
438,415
101,332
. 310,821
412,153
. 850,568
Capital 'expenditure
Generalonerniiient
Protection. to persons and property
•,'Fratisportation services . •
.EpvironMental services
Health services
• Social and family services.
Recreation and cultural services ••
.--Planning and -deVelOpment
Other... • ..
Total expenditure
pufinanced capital outlay, (UneXended capital
financing) at the beginning irf the year
Capital outlay to he recovered in
future years
Other long terin.assets
LIABILITIES
Current liabilities
Temporary loans
At-0)6111s payable and accrued liabilities
Other current liabilities.
, 163,117
170,000
33,186
196,303
25,247
195,247
Net king term liabilities
Reserves and reserve fonds
Accumulated net revenue (deficit) and
unapplieci capital receipts
641,108
f02,346
. 599,033
82,565
. 23,716
40,531
76?,170
4 9i47.3„.,„
722,129
91,7,,,376
Transfers
Transfers to region or county
fransfers to school hoards
Total transfers
Total e'penditures and transfers
Revenue by purpose
Municipal purposes
Tasation -
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 ,
Revenue to pay the region or county requisition
School board requisition
Taxation
Payments in lieu of taxes
Other
Revenue to pay th'e school board requisition
Total revenue
Accumulated net revenue (deficit) at
the end of the year
Analysed as follows:
General revenue
Region or county
School boards
Special charges
Special areas
Local boards
Municipal enterprises
98,790
144,117.
442,925
. 910,881
149,999
400
161,347
114,325'
15,400
441,471
. 90,982
7,808
98,790
. 344,262
. 344,262
. 884,523
avAnnvermr.a.
•
14,835
100,777
, 468,350
100,384.
. 350,0:98
450,482
• 918,832
. 152,618
440
164,755
. 112,444
_21,117 _
451,374,
92,580 :
7,826
100,406
3,014
22
9
20,538
' 133
23,716
, 172,529
. 427
182,416
, 103,915
, 14,983
.474 v 270
. 93,709
. -
7,789
101,498 .
• 26,473
(130)
14,145
43
40,531
Consolidated Balance Sheet
ASSETS
Current assets
Cash
Taxes receivable •
Accounts receivable
Other current assets
1979
Actual
$
40,531
56,510
13,835
267,663
7,564
7,166