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HomeMy WebLinkAboutThe Citizen, 1993-05-26, Page 13THE CITIZEN, WEDNESDAY, MAY 26, 1993. PAGE 13. Wingham hosp. expands minimal surgery program The Wingham and District Hospital is expanding its program in minimal invasive surgery. This month, the first laparoscopic hernia repair in Huron and Perth Counties was successfully completed by Dr. C. Omole. Dr. Omole received his training in these new techniques in larger teaching centres in Canada and the United States. Hernia repair has been a major surgical procedure requiring the patient to be under anaesthetic for about 1/2 hour in the operating room. A small incision is made and the laparoscope is inserted. A light source and instruments are passed through the scope to perform the operation. The benefits of this procedure are reduced time under anaesthetic, a much smaller incision and thus less bleeding during surgery, and quicker healing of the incision. All of this results in less pain for the patient and allows them to return to work in about one week instead of four - six weeks previously required. VILLAGE OF BLYTH CONSOLIDATED FINANCIAL STATEMENT AS AT DECEMBER 31, 1992 Continued from page 12 Village of Blyth Notes to Financial Statements for the year ended December 31, 1992 (ill) The historical cost and accumulated depreciation of fixed assets are not reported for municipal purposes. Fixed assets are reported as an expenditure on the consolidated statement of operations In the year of acquisition. (Iv) "Capital outlay to be recovered In future years" which represents the outstanding principal portion of unmatured long-term liabilities for municipal expenditures or capital funds transferred to other organizations is, when such balance exists, reported on the consolidated balance sheet. 2. Operations of school boards and county Further to note 1 (a) (11I) the taxation, other revenues, and requisitions of the school boards and County of Huron are comprised of the following: school boards county Taxation and user charges 263,833 83,786 Share of payments In lieu of taxes 6,150 3,546 Share of taxation of telephone gross receipts 2..021 3.087 Amounts requisitioned S 279.674 $ 90.419 3. Contributions to unconsolidated Joint boards Further to note 1 (a) (II) the municipality has made a contribution to the Blyth District Fire Area Board of $ 14,991. (1991: $ 26,414) consisting of a levy of $ 9,591. and fire calls of $ 5,400. (1991 levy $ 21,504; fire calls $ 4,910). The municipality's share of the fire area board's accumulated net revenue at December 31, 1992 Is $2,654. (1991: $ 2,477). 4. Trust funds Trust funds administered by the municipality amounting to $89,224. (1991: $ 90,316) have not been included In the consolidated balance sheet nor have their operations been Included in the consolidated statement of operations. 5. Municipal fund balances at the end of the year The balances on the consolidated statement of operations of municipal equity of $ 251,385. (1991: $ 151,683) at the end of the year are comprised of the following: for general reduction of taxation for general reduction of user rates of boards and committees to reduce sewerage system user rates to reduce waterworks user rates 6. Reserves and reserve funds 1992. 1991 66,602 24,637 116,342 92.,g4 (3,460) 16,030 120,488 18.625 $ 251.385 S 151.683 The total balance of reserves and reserve funds of $ 99,490 (1991: $ 98,031) consists of the following: 1992 1991 Reserves set aside by council for working funds 67,000 67,000 for capital works 24,211 22,982 Reserve funds set aside for specific purposes by legislation, regulation or agreement for ball diamond expansion 2,500 2,500 for sewerage extensions 5.779 5.541 $ 99.490 $ 98.031 7. Contractual obligation — Ministry of the Environment In accordance with a service agreement entered into by the Municipality in 1978 with the Ministry of the Environment, the existing sewage system is owned and operated by the Ministry. The Municipality is obligated to meet all operating costs and repay the long-term liabilities related to these projects. Included in the consolidated statement of operations are the 1992 charges from the Ministry of $ 117,235. The consolidated balance sheet does not reflect any assets or liabilities pertaining to the sewage system except to the extent of service charges due to the Ministry. Information received from the Ministry as at March 31, 1992 Indicates the following: accumulated net deficit (20,134) 1991 debt charges 6,038 total outstanding long-term liabilities 48,500 The operating deficits and long-term liabilities indicated above are not reflected in the accompanying financial statements. Blyth Sewerage Statement of Revenue and Expenditure for the year ended December 31, 1992 Accumulated net revenue beginning of year Revenue Sewerage surcharges - residential commercial Penalties Annual frontage charges Annual connection charges Interest 1992 1221 Expenditure Operating charges - Ministry of the Environment Frontage and connection charges transferred to the Ministry of the Environment Administration and collection Sewerage capacity expansion Accumulated net revenue end of year 1992 1991 $ 120, 488 97,160 13,571 6,019 3,495 1.278 $ 102,296 101,333 18,062 511 6,019 3,495 1.919 107,722 9,513 7,039 1.395 94,116 9,513 9,518 125.669 113.147 121.523 131.339 $116.342 1 120.486 W111111•1•1111111•1111Iiiiii