HomeMy WebLinkAboutThe Lucknow Sentinel, 1991-06-12, Page 10w Sentinel, Wetin Way, June 12, 991
We have auditad:theopiwAiated balance sheet of of the Villagfi of Lucknow
as at"December pti focio arld'the obnsoliclatedslatemarit'of operations for the year then
ended. These financial statarnanteare the responsibility of viliage`smonagyKant. Our
responsibility is to expOsa:illet, opfrqon'oti these fihanciekstatEllnehtSbased on: our audit.
' , •
We conducted our audit iriiakordance with genrally.1(totep*OttOifinglOnOrds!; TtoSsa
standards require that wo000 and perform an:AO-ditto Obtain ieaeotiable,aaatirancewhether
the financial statements are free of material misatatenlentk An audit indudes exanilning. on a
test basis evidenoe supporting :the amounts and disclosures in the, ,•finatuli0 statements. An'
audit also includes assessing theacOounting plinciples, used and significant estimates made •
by management, as well es evaluating the overall financial statement Wesantation, •
In our opinion, these consolidated financial ahl--th---nrt5Praa, laitlY..14alimati,ibelt.04014igteVots0:"
the financial position of the --Corporation of:dtheVillage-of.Lu. vi at,Rece r
and the results of its operations for the year then oricieilln accordance withlhaRgirATting
princqclbsedin note 1 to the Aron*" statements. , •
.1,6.64101.• 140der-41 04bach.
•-,44te00410.
Chartered A00,4P.ntlitstik. • -
- .
40 X91Ai I PruNp ,
Accounts : payable, and accrued lt4lin4tPtik,
,IPkr.‘itent, ti41411.40.. . •":"7 '
.,.4.::•-:,z''',,,,.: • , „ ,, . : „..
UND
,; • - , .. . - : .
NOES AT TagMt' ...' ,.'!'-'''
i,,,..;;.;hio,:iiiiekt.te, . •
. apital outlay) •(.nottk,:5) (420.,-019) 1,291 "
(note 4) " • .205;ipor s1.32A00
. .
SOURCES or rIRANCI)41
Twist inn too near ottoman
Res1de4ia1 taxation._
Consserc Lai, industrial end
business taxation-
TesettoufO oth017. etOVO*114046
User charge
rants - - • , .
Province of Oritairi— steers .. '
Province of On, retie: e',..-.6ther,
.,.... ' •
municipalities°thee-
. ,
4
64,000 62,457
• 66,445 .67,640
99,006 924,010
132,000 10,228
-11,600, . ;1,522,
4094000 115, 713
1,000 1,789
4830)45' . 475,79
ther ' ,
•
Petailitiornatui Alterest taxes
• ...- •
Yu4estiii0fit income ••
. • .• .'".• .,`Street_recoastrsot4ou . • • .
3,037 2,747 . T11;10111irtiition equipment, purchase
.5146543.664Retersor.
• 40.040 , .61,020 • Aran* " •
,2411.5 '
R • .
Deducti Amount* tetif1ve4,'06ioitiiirvetite
for count*.euCeohao; boards (noptt'4)
. ,
It brat* .renovat lona
titre tseket truck
, • . , ' . • ' - ' Lind pirolbasei •
, • ., .,.... . . .. . ,
'• •••'• 144.1Ai$ ..,(396,Mt)...41A._.4i-f44if
- : . .„ . ... , . ‘, • , . -
iStklioit .3a.;434.082 • . -:79943-50 • ' . •'• ' - • , , - .,
' - .• ' . . . • ' '" :" -. ' ''•• ' 'f. - ' -*Sot aPPrOOrf:Sttons to •-tguierViiii?' ''-
.
be used -to Offset reflation or
user itbstries (uote.
, • .
Unexpended tospitel-OnSicek.
tot giustiotog si.veX41)14 during tRe ysir
MUNICIPAL PURL) MINCES
AT Titt ENO OF VIE YEAR (notis 3)
- ,
To be used to offset Myatt Lou or
user 'charges
unexpended capital ftnanging
rotat applitarione , tinting ihe year
150,000 3,147,826
71,00* 73.200
csccomponyhsg note* are: a Integral part of this financial siaremente
A complete AvtlItorts report:I* available at the Municipal .001c041 :1
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