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HomeMy WebLinkAboutThe Wingham Advance-Times, 1964-04-30, Page 12Page 4 - Wingham Advance -Times, Thursday, April 30, 1964 Auditors' AUDITORS' REPORT The Ratepayers and Council, Township of Howiek, Ogrrie, Ontario. Gentlemen: We have made an examination of the accounts of the Township of Howiek, Township School Area Board and Other Boards and Commissions as listed in the questionnaire, and have prepared the statements and schedules as listed in the attached index. The Capital and Loan Fund Balance, Statement A, shows debentures outstanding of $378,946.28. The principal change in this liability is from the issue of debentures for the Township Sohoo] Area Board. Details of all debentures outstanding at December 31, 1963, are shown by Schedule 1. In addition to the debentures issued by the Township, liability has been assumed for debentures issued by other Townships in respect to high schools in the amount of $134,093.15, details of which are report- ed in Schedule 2, Statement B, Revenue Fund Balance Sheet, shows cash in the bank at December 31, 1963. of $13,025.94, due from the Pro- vince of Ontario on account of road grants, $23,712.74, and taxes receivable $44.416.63. Taxes receivable are up over 1962 by $4,998.66. Liabilities include $5.491.95 due to the Police Villages. Statement of Revenue and Expenditures, Statement ID, shows a surplus from the year's operation of $2,590.04. Total revenue from taxation Is $210,161.80, up about $20,000.00 over 1962, while grants from the Province of Ontario were up approximately $15,000.00. Expenditures for education, including debt charges, are up $15,20000. while capital expenditures were $22,700.00. This capital expenditure was for the new machinery shed, as shown by Schedule 13. Included in this report are statements Si, S2, S3, for the Township School Area Board. During the year a new central school was built and a fleet of buses acquired. These expendi- tures required the issue of debentures in the amount of $380,- 000.00. All costs for the school have been brought into account, according to the best of our information, and included in the liabilities in the capital balance sheet is a bank loan of $14,000.00, which was paid off in January 1964, As at December 31, 1963, a bark account in the name of the School Secretary -Treasurer contained a balance of $7,496.68 of school funds. This balance was transferred to the current account of the Board on Janu- ary 15, 1964. 'We wish to note that approval of the teachers' salaries is not reflected by the minutes of the Board. Included in the report is that for Belmore Playgrounds and Memorial Centre. We have reported as revenue $306.65, cash deposited in the bank for which we have no information as to its actual source. As of December 31, 1962, there were outstand- ing cheques in the amount of $87.99. These have been apparent- ly cashed by the bank but we have not seen the vouchers. We refer to our report of March 27, 1962, concerning an amount of $35.00. We have no further information and still do not know the nature of this amount. EAKINS AND MACDONALD, Auditors. Toronto, March 23, 1964, License Number 2447. AUDITORS' OPINION Subject to the qualifications in our report, we hereby report that in our opinion: (1) The financial transactions which have come under our notice have been within the powers of the municipality. (2) The audit has been conducted in accordance with the instructions of the Department of Municipal Affairs. (3) The financial statements present fairly the financial position of the municipality as at December 31, 1963, and the results of its operations for the year ended on that date, EAKINS AND MACDONALD, Auditors. Toronto, March 23, 1964, License Number 2447. CAPITAL AND LOAN FUND BALANCE SHEET ASSETS General Fixed (as per Schedule 18) $ 99,403.81 Due from Schools (debentures) Public 366,736.25 High 134,093.15 12,210.03 Accounts Receivable (Schedule 17) .. $612,443.24 LIABILITIES Debenture Debt Issued and Unmatured Tile Drainage Loans ............$ 12,210.03 Schools Public 366,736.25 Due to Other Municipalities (Debentures Assumed - Schedule 2) 134,093.15 Investments in Capital Assets 99,403.81 $612,443.24 REVENUE FUND BALANCE SHEET ASSETS Cash in Bank $ 13,025,94 Sundry Accounts Receivable 30.00 Due from Province of Ontario 23,712.74 Schools 21.90 Fordwich Community Hall 253.00 Drain Accounts 1,663.76 Taxes Receivable (Schedule 5) 44,416,63 Property acquired for taxes (Schedule 6) 83.80 LIABILI'17JriS Accounts Payable $ 130.02 Due to Other Municipalities 8.34 Schools . . . 48.65 Fordwich Police Village 1,288.57 Gorrie Police Village 2,706.69 Wroxeter Police Village 1,496,69 Hawick Community Hall 6.25 Drain Accounts 800.85 Deferred Revenue (Schedule 8) 2,138.31 Surplus (Form C) 74,583.40 $ 83,207.77 $ 83,207.77 REVENUE FUND SURPLUS (DEFICIT) ACCOUNT Credit Balance at beginning of year $ 71,986.22 Surplus included in Current Budget Adjustment to deferred income re payment in lieu of taxes 7.14 Surplus for the year (Form D) 2,590.04 Balance $ 71,986.22 $ 74,583.40 Balance of Surplus at year end (Form ]3).. $ 74,583.40 STATEMENT OF REVENUE AND EXPENDITURE REVENUE Total Revenue from taxation $210,161.80 Ontario Government Grants: Children's Protection Direct Relief ._ Highway Improvement In lieu of Municipal taxes Unconditional Per Capita Grants _ .._....... Other (Recreation) Ontario Hydro Electric Power Commission Licenses and Permits (including dog tax) Interest, Tax penalties Rents Fines Service Charges Warble Fly Spraying Audit Fees recovered Sale of materials Recovery re boundary roads Other Total Revenue Section $281,169.45 1,224.27 2,804.13 49,290.00 151.71 8,549.80 725.00 14.76 1,453.50 2,854.04 160.00 49.30 324.00 2,345,82 215.00 122.21 721,61 2.50 EXPENDITUji; General Government Executive Administrative Other ProtFireection to Persons and Property: Warble Fly Livestock killed Roads and Streets Sanitation and waste removal Conservation of health Relief Assistance .. Institutional Care Welfare Administration .. Education Recreation and Community Service Debt Charges 'taxes refunded Taxes written off Capital Expenditures out of Revenue County Rates Police Village rates .Adjustment to deferred income Municipal Drainage Sundry Total Expenditure Surplus for the year Total Expenditure Section $ 1,413,55 5,342,85 4,023,38 1,462.60 2,355.66 544,00 73,097,51 168,25 128,35 2,450.52 962.50 181.95 94,214.71 4,697.60 2,119.20 27.9Q 31.69 22,714.82 52,178.33 5,562.07 69.73 4,708.34 115.91 $278,579.41 2,590.04 $281,169.45 TRUST AND SPECIAL RESERVE FUNDS BALANCE SHriET FORDWICH CEMETERY ASSETS Cash Dominion of Canada Bonds Provincial Bonds Municipal Bonds Cemetery Board re Perpetual Care LIABILITIES Cemetery Board re fund earnings Fund Balance $ 519.73 3,510.74 4,013.75 1,493.75 149.00 $ 9,686.97 $ 401.42 9,285.55 $ 9,686.97 TRUST AND SPECIAL RESERVE FUNDS STATEMENT OF REVENUE AND EXPENDITURE REVENUE Interest on Bank Deposits Investments Perpetual Care funds received $ 5.55 407.50 154.00 567.05 EXPENDITURE Earnings paid to Board $ 402.40 Bank Charges 10.65 Total Expenditures Increase in fund balance DEBENTURE DEBT Amount Principal of U'matured Term Rate Issue O'standing Principal By -Law No. 4 -Wroxeter School 10 414 $ 14,500 $ 1,736.25 $ 1,665.46 By -Law No. 10 -62 -Hawick School Area 20 5% 320,000 305,000.00 15,000.00 By -Law No, 16-63-Howick School Area 5 514 60,000 60,000.00 $ 413.05 154.00 $ 567.05 Interest $ 144.58 $ 10,995.20 Total 1,810.04 25,995.20 $ 394,500 $366,736.25 $ 16,665.46 $ 11,139.78 $ 27,805.24 Tile Drainage 15,600 12,210.03 1,315.69 509.15 1,824.84 $ 410,100 $378,946.28 $ 17,981.15 $ 11,648.93 $ 29,630.08 DEBENTURE DEBT ASSUMED FROM OTHER MUNICIPALITIES By -Law No. 1334, 1473, 1084A 1069, 1095, 1124 1260, 1219 Municipality .,,Twn. Listowel-Twn. Palmerston-Twn. Wingham Purpose of Issue High School High School High School Year of Issue 1948, 1954, 1960 Term in Years 20 15 20 Interest Rate 3% 4'/ Percentage assumed 7.5 7.23 14.66 Unmatured Princ. Assmd20,073.00 26,353.35 87,666,80-134,093,15 Debit Chgs. 1963, Princ. 2,263.16 1,084.50 5,277.60 Interest 1,056.05 1,592.68 4,318.84 Total 3,319.21 2,677.18 9,596.44- 15,592.83 Basis Equalized Assessment SUMMARY OF TAX ROLL Original Roll Taxes levied for: Assessmt. Mill Rate Tax Levy Sect.53 Total Gen. Muni. Purposes - At Resid, Rate ...3,551,125 11.2&14.2 At Comm, Rate .... 179,869 14. 14. 51,550.18 8.46 51,558.64 County Rates 3,730,994 14. 52,232.73 8.34 52,241.07 Schl. Purposes -Pub At Resid, Rate .. 3,551,125 12.1 At Comm. Rate 179,869 13.6 43,979.57 6.97 -Secondary ., .. 3,730,994 13.2 50,264.81 15.49 P. Villages-Gorrie . 251,625 9. 2,264.62 3,50 Fordwich . 177,800 10. 1,778.00 Wroxeter 216,525 7. 1,515.95 Tile Drainage 1,824.84 Municipal Drains 4,708.34 Charges on Roll for Collection - Dog Tax 110.00 Municipal Telephone 590.72 Fed, of Agric. fees 1,186.83 Warble Fly Spraying . 208,30 Grading 80.00 Fence Viewers' fees 22.50 Total Additions on Roll 210,119.04 42.76 43,986,54 50,280,30 2,268.12 1,778.00 1,515.95 1,824.84 4,708.34 210,161.80 2,198.35 2,198.35 212,317.39 42.76 212,860.15 TAXES RECEIVABLE Total Balance Jan. 1 (Incl. penty.&int.) 39,417.97 Current yrs. roll (Sohed. 3) 212,360.15 Pen. & int. add. 2,351.94 Total Debits . 254,630,06 Tax Collections Cash (taxes) only 207,633,06 Penalties & int. 2,529.88 210,162.94 Add -Written off by Crt. of Rev. 31.68 Fed. Agric, fees 18:81 Total Credits . 210,213.43 Balance IY'c. 31, per Form B 44,416.63 Current 1962 1961 1960 Year 20,195.50 11,217.38 8,005.09 212,360.15 1,004.96 1,119.48 515.54 213,365,11 21,314.98 11,732.92 187,456.58 9,393,56 4,012.50 9.19 717.55 567.40 187,465.77 10,111.11 4,579.90 211,96 8,217.05 6,770.42 1,235.74 8,006.16 14.05 17.63 18.81 187,479.$210,141.55 4,579,90 8,006.16 25,885.2911,167.43 7,153,02 210.89 COSI" OF EDUCATION Name of Total School Available to Board Public Schools Howiek T.S.A. 42,650.46 Culross T.S.A. 686.64 Turnberry T.S.A. 414.52 U.S.S. No. 5 Wallace 252.17 Total Public Schools 44,003.79 Secondary Schools Listowel l-I.S.D, 13,485.71 Norwell H.S.D. 9,991.54 Wingham H.S.D. 26,748,75 Payments in Curr. Year Bal, Due Bal. Due to Bd. from Bd. Dec. 31 Dec, 31 422,646.10 4,36 650.65 35.99 420.03 26279 43,979.57 13,477.41 8.30 9,997.31 26,748.75 Total Secondary Sohls, 50,226,00 50,223.47 94,229,79 94,203.04 48.65 EXPENDITURE ON SOCIAL WELFARE Relief Assistance Institutional Care Welfare Administration $ 2,450.52 962.50 181.95 5.51 10.62 5.77 21.90 $ 3,594,97 ANALYSIS OF LONGTERM DEBT CHARGES General Interest Principal Total Instalment Debt Chgs. Drainage $ 509.15 $ 1,315.69 $ 1,824.84 Public School 11,139.78 16,665.48 27,805.24 Total Debt assumed from Other Municipalities Town of Listowel Town of Palmerston Town of Wingham Total Debt Charges .. $ 11,648.93 $ 17,981.15 $ 29,630.08 $ 1,056,05 $ 2,263.16 $ 3,319.21 1,592.68 1,084.50 2,677.18 4,318.84 5,277,60 9,596.44 $ 6,967.57 $ 8,625,26 $ 15,592.83 $ 18,616,50 $ 26,606.41 $ 45,222.91 CAPITAL EXPENDITURE OUT OF REVENUE Machinery Shed ........ ........ $ 22,714.82 POLICE VILLAGE OF FORDWICH REVENUE Balance due from Municipality January 1 $ 694.70 Police Village rates levied 1,778.00 $ 2,472,70 EXPENDITURE General Government $ 95.00 Street Lighting 1,022.70 Public Works 60.25 Sanitation and Waste 6.18 Balance due from Municipality December 31 1,288.57 $ 2,472.70 POLICE VILLAGE OF GORRIE REVENUE Balance due from Municipality January 1 $ 2,089.28 Police Village rates levied 2,268.12 Licenses 15.00 Sale of Water 60.00 $ 4,432.40 EXPENDITURE General Government $ 95.00 Street Lighting 1,180.80 Public Works 3.00 Recreation and Community Service 446.91 Balance due from Municipality at December 31 2,706.69 $ 4,432.40 POLICE VILLAGE OF WROXETER REVENUE Balance due from Municipality January 1 $ 1,120.51 Police Village rates levied 1,515.95 $ 2,636.46 EXPENDITURE General Government $ 85.00 Street Lighting 1,054.77 Balance due from Municipality at December 31 1,496.69 $ 2,636.46 HOWICK TWP, MUNICIPAL RECREATION COMMITTEE ASSETS Cash in Bank $ 25.58 SURPLUS Balance January 1, 1963 Less: Excess df Expenditure over Revenue for year REVENUE Grants Voluntary Grants Receipts, Fees, Collections Excess of Expenditure over revenue for the year EXPENDITURE Water Safety Instructors Membership Fees Expenses of programs and activities Audit Fees ...-_......__ __ $ 25.58 $ 43.84 (18.26 $ 25.58 $ 2,011.54 747.73 980.69 18.26 $ 3,758.22 $ 375,00 10.00 3,341,22 30.00 2.00 Bank Interest GORRIE COMMUNITY HALL ASSETS Cash in Bank Receivable from Township of Howick Building at cost ........._._ Equipment at cost SURPLUS Capital Surplus $ 9,625.75 Current deficit (64.24) Less: Net profit for year 9,215.01 285.80 $ 3,758.22 $ 59.72 6.25 9,500.90 $ 9,566.87 Rental income Net profit for year Caretaking wages Fuel and Light Miscellaneous REVENUE 5.36 EXPENDITURE (58.88 $ 9,566,87 $ 351.62 5.36 $ 346.26 .................. $ 126.25 144.66 Please turn to Page Five 75.35 $ 346.26 Gorrie Miss Nadine Cooke, Kitch- ener, spent the week -pend with her parents, Mr, and Mrs, Clift ford Cooke. Mr. and Mrs. Bower Farrish, Goderich, were guests of Mr. and Mrs, Andrew Edgar. Mr. and Mrs. Bill Nay and sons visited Mr, and Mrs, Earl Cudmore, Brussels on Sunday. Mr. Harry King fell and broke his left elbow. Mrs. Arnold Edgar and Mrs. Jean MacDonald of London were„ visitors with Mr. and Mrs.Wil- ford King on Wednesday. Mrs. Jean MaeDonald, Lon- don, spent the week- end with Mr. and Mrs. Archie Miller. Mr. and Mrs. Verne Klemp of Kitchener visited Mr. and Mrs. Jas. Edwards on Sunday. Mr. and Mrs. Louis Charles and Jim of Kurtzville visited Mr. and Mrs. John Baylor on Friday evening. Mr. and Mrs. Thos Dickison, Margaret and Shirley and Mrs, 4, John Cunningham of Walkerton and Mr, Kenneth Ashton, Brus- sels, were guests of Mr. and Mrs. Percy Ashton on Sunday. Mr. and Mrs. Robt.Searson visited Sunday with Mr. and Mrs. Ensil Irwin of Appin. 4 Mrs. Betty Faegan, Barbara, Bonnie, and Kendra of Wing - ham, were dinner guests of Mr. and Mrs. Harry Gowdy on Sat- urday evening. Mrs. Rabt. McInnes and Mr. Wm. McInnes of Teeswatervis4. ited Sunday at the home of Mr. and Mrs. T.L. McInnes. Mrs. Lorne Campbell and Mr. and Mrs. Harvey McDer mitt of Listowel, visited Sunday with Mr. and Mrs. Glad. Edgar. Little Wendy and Douglas , Irwin, Wroxeter, visited Sun- day with their grandparents, Mx. and Mrs. Manfred Irwin. Mr. and Mrs. Ward Schaef- er, Fordwich, visited Mr. and Mrs. Frank King on Sunday. Mr. Howard Mannell and ' Mr. Donald Mannell of St. Catharines visited the former's daughter, Mrs. Coulter and Mr. Gordon Coulter, onFriday. Mr. and Mrs. Jas. Brecken- ridge and Mrs. Mary Nicholson of Wingham visited Sunday with Mr. and Mrs. Cameron Edgar. Mr. and Mrs. Ross King spent Sunday with Mr. and Mrs. Melvin McCutcheon of Brussels. Members of Howick Legion Branch 307 attending the Dis- trict C Legion meeting in Sea - forth on Sunday were Wm. Smith, Hector Hamilton, Alex Graham, Fraser Lynn, Wrn. Mc- Cann, George Inglis and Jas. Clark, Mr. and Mrs. Norman Wad'e spent Thursday with relatives in Toronto. Mr. and Mrs. Roy Gowdy, Mr. and Mrs. Harry Gowdy vis- ited Mr. and Mrs. Arnold Hal- liday of Wingham on Sunday, Mrs. Gordon Coulter, Mrs. Thos. Templeman and Sandra of Wroxeter, spent Wednesday in Kitchener. Mr. and Mrs. Clifford Bar- low and family, Fordwich, visited Mrs. Myrtle Smith and family on Sunday. Mr. and Mrs. George Brown and Jean visited Mr. and Mrs. Douglas Brooks, St. George, on Saturday. Mr. and Mrs. Carl Penning- ton, Teeswater, visited Mrs.m Frances Strong and Mr. Roy Strong on Sunday. The Gorrie Women's Insti- tute will meet at the home of Mrs. Clarence Stokes, on May 5th. Mrs. Dinniwell of Harri- ston will speak on Horticulturt. The roll call will be " What makes a good farm wife?" The district executive of East Huron Worsens Institute" met on April 19 in the Gorrie L.eglon rooms, The district annual will be held May 21st in the United Church in Ethel with the dinner being served in the community center. A representative from the z� United States, of the Historical '11 Society, will make a present -- tion to Mr. Herbert Neill, Cur- ator of the Huron County Mus- eum in Goderich at the County Council Chambers in the court Gj house at Goderich on May 6. Mrs. Wm. Anderson and Mr. and Mrs. Allan Williams of Long Island, N.Y., spent a few days with Mr. and Mrs. Robt. Anderson. ii