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HomeMy WebLinkAboutTimes-Advocate, 1983-05-18, Page 21w4 WI FLAGS TO ARENA — The Lucan omen's Institute recent y • onot : • two Cana- dian flags to the Lucan Community Centre. Above, WI public relations officer Mrs. William Fronts and president Mrs. Jas. Lockyer make the presentation to Community Centre board chairman Lorry Hotson and arena mono r : r Rick Gwalchmai.T-A r hoto. CHAMPS ARE CHAMPS — The BB p ayoff Championship of the ucan mixed bow ing league was won by the Champs. Back, left, Sharon Craig, Lloyd Williams and Gary Melvin. Front, Sharon Beiber Rick Evans and Helen Richards. T -A photo. Cbrisfian i riwan Outreach at home and Overseas was the theme of a special. Mission Sunday service at Lucan United Church Sunday morning. The Mission and Service commit- tee of the Lucan-Clandeboye Pastoral Charge, under the chairmanship of Marj Park, planned and conducted the service. Clandeboye con- gregation joined with Lucan for this joint effort while Mr. Brown was attending the An- nual Meeting of London Con- ference in Woodstock. . Special guests were members of St. Patrick's Youth Choir and their leaders, Theresa Shumka and Chris Van Bussel. Several guitarists from the group pro- vided accompaniment while the choir sang two lovely con- temporary songs, "New Life" and "Peace I Leave with You". The music of the young people was much appreciated by the congregation. Linda Froats, assisted by Marj Park at the piano led in the enjoyable pre -service hymn sing organized by the Outreach Committee. Alice and Kermit Thompson, • assisted by grandaughter Kelly welcomed the con- gregation as they arrived. Gwen Lynn. led the ser- vice, assisted by Sharon Newman who read the Scrip- ture and Ed Melanson who led in prayer. The Junior Choir, under Helen Stanley's direc- tion sang a song with a per- sonal missionary challenge, "I cannot come!" Verna Ibbitson told the boys and girls the story of Johnny Appleseed, and taught them the Johnny Appleseed prayer of thanks. She pointed out our need to share with people in parts of the world which don't have the good things we en- joy. Each child was given a section of an apple as a reminder of the story and of Outreack God's goodness. Dorothy Dedels took the children out for their Junior Congregation craft period. Marj Park introduced the two Mission Messages of the service. The Cl/it of these took the form of an interview with a United Church missionary couple in Japan, Rob and Keiko Witmer. Ed Melanson and Sharon Newman took their parts as Marj Park in- terviewed them about their life and work. The congregation learned that Rob met and married Keiko, a Japanese girl, during his first term of service in Japan. They have two children and are presently working in Nayoro, Japan where Rob is in charge of the Dongu Christian Centre for Rural Evangelism. The Cen- tre serves the community in a variety of ways, especially in providing training for lay preachers, and in giving features courses in rural development for young farmers. The second Mission Message took the form of a visit to Emmanuel House, St. John's Newfoundland by means of a taped message from its director. The centre provides a sup- portive environment where the young people learn to develop a sense of self worth, cope with their problems, form healthy relationships, and take responsibility for their own lives, in preparation for returning to the communi- ty to take their places there. These two messages gave the congregation an inside view of the sort of service their Mission and Service giv- ings make possible. Gwen reported that so far this year, members of the pastoral charge have contributed ;1,926 or 24 percent of the year's M and S objective. Wednesday at 7:30. the PROFICIENCY IN SOILS — Derwin Hodgins of Parkhill receives the Fertilizer Institute of Ontaro trophy from David Dotson at Friday's graduation at Centralia Col- lege for proficiency in soils. T -A photo. mission service at Lucan YC senior choir meets for regular practice, and at 8:30 the Friendship Unit of the UCW have their regular monthly meeting in the CE wing of the chump. All women of the con- gregation are welcome. Prayer and Share Fellowship meets at 9:45 a.m, Thursday, also in the C.E. wing. Sunday, May 29, the Sacrament of Infant Baptism will be celebrated. Interested parents are asked to contact - Mr. Brown right away. The UCW executive ex- presses thanks 'o all who helped make the hot beef sup- per Thursday Such a success. Saturdaliy, May 29 the Sunday School is planning a fishing trip. Parents who could help drive are asked to contact Jim Robertson, Ride the Chi-Cheemaun across beautiful Georgian Bar, Visit Manitoulin island and let • Silver birGhex .E,oa. be your host Silver Birches Resort features cozy cottages That vary in style from authentic log buildings to modern bungalow design. All cottages feature wood -burning fireplaces. The resort offers the convenience of a camp store. Other features include: 'Aexcellent f fishing in Lake Huron's famous North Channel, as well asManitoulin's myriad inland lakes; *tour boat service on the North Channel from the resort's main dock: *hiking trail nearby; *boat and motor rentals. (Bring your bicycles, and take advantage of miles of rustic country roads) SUP birches resort is located on Manitoulin Island 18 miles west of the bustling town of Little Current ICome and try your skill: Island -wise 1 I perch fishing derby this holiday weekend. I litL Special western Ontario discount: 10% discount on cottage rentals from May 16 through June 18. Reserve nowt contact: Silver Birches Resort, R.R. 1, Little Curreilt, Ontario POP 1 KO telephone (705) 368-2669 (when you write, please send this ad to guarantee your discount) The Middlesex County Board of Education FINANCIAL STATEMENTS AUDITOR'S REPORT To The Middlesex County Board of Education We hove examined the Balance Sheet of the Middlesex County Board of Education os at December 31, 1982, and the Revenue Fund Statement of Operations, the Capitol Fund State- ment of Operations and the Statement of Continuity of Trust Funds for the year then ended. 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 circumstonces. In our opinion, these financial statements present fairly the financial position of the Board as at December 31, 1982 and the results of its operations for the year then ended in accordance with the accounting principles described in Note 1 to the finan- cial statements applied on a basis consistent with that of the preceding year. London. Ontario March 27, 1983.1> Chartered Accountants Municipol Auditor's Licence No. 680 CAPITAL FUND STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31, 1982 (with comparative figures for the previous yer'r) CAPITAL EXPENDITURE 1952 1981 Fixed Assets and Work in Progress Furniture. equipment and renovations 5184 755 Public transportation vehicles 48,400 $233.155 CAPITAL FINANCING Capital expenditure from the Revenue Fund $197.645 27,734 S225.379 5233.155 $225,379 Statement of Continuity Of Trust Funds FOR THE YEAR ENDED DECEMBER 31, 1982 (with comparative figures for the previous year) A. THE FOUR YEARS OVER FIVE PLAN Balance beginning of the year Additions Withdrowols Bolonce end of year B. THE MIDDLESEX COUNTY BOARD OF EDUCATION SCHOLARSHIP TRUST FUND Balance beginning of the year Revenue Capitol contributions Interest earned Expenditures Awards Balance' end of year 1982 1981 $ 98.917 $25.866 104,925 75.046 11,506 1,995 5192,336 $98,917 $37.123 7,373 3,839 11,212 12,577 $35,758 130.329 5,393 3,944 9.337 2,543 $37123 December. o1, 1982 REVENUE FUND STATEMENT OF OPERATIONS EXPENDITURE O Business odministrotion Instruction Plant operation and maintenance Transportation Tuition fees Capital expenditure (non•allocable) Other operating expenditures Debt charges on capital borrowing • Note 5 Non-operating RECOVERY OF EXPENDITURE Tuition fees Other school boards Government of Ontario Government of Conado Individuals Other revenue excluding tronsfers from reserves NET EXPENDITURE FINANCING OF NET EXPENDITURE Government of Ontario General legislative grant Local taxation Prior year's over (under) requisition Decrease (increase) in reserve Local taxation raised during the year Net under (over) requisition 10 be applied to subsequent years ASSETS CURRENT ASSETS Bank and cosh Accounts receivoble Local taxation Municipal levy Under requisition Other school boords Government of Ontario Government of Canada Other receivables Prepaid expenses Trust funds - Note 6 Four years over five plan Scholarship trust,funds OTHER ASSETS Capital outlay to be recovered in future years FOR THE YEAR ENDED DECEMBER 31, 1982 (with comparative figures for the previous year) 1982 ELEMENTARY SECONDARY TOTAL SCHOOLS SCHOOLS $ 333.709 13,431,830 1,925.016 2.195,389 12.037 25,318 118,497 341,033 94.815 $18,477,644 12,698. 67,669 224,805 8,868 $ 340.471 11.641,506 1.550,247 1.936,848 2.100.812 26,856 1 10.317 562,158 90.496 118,359.711 78.244 153.538 15.240 33.750 75,789 89.690 389,829 370.462 118,087,815 117.989,249 S 674.180 25.073.336 3,475,263 4,132,237 2,112,849 52,174 228.814 903.191 185,311 536.837.355 90.942 221.207 240,045 42,618 165,479 760,291 536,077,064 110,548,020 110.206,378 S20.754,398 (18.118) (167470) (185.188) (20,000) 350,900 330,000 7,463,399 7,427,730 14,891,129 114,514 172,211 286,725 118,087,815 $17,989.249 136,077,064 BALANCE SHEET AS AT DECEMBER 31, 1982 (with comparative figures for the previous year) 1982 1981 S S 678,709 38.651 113,664 286,725 189,257 26,320 14,126 1.406.632 1,152,696 13.322 20.751 33,472 54,539 28,007 25.610 192,336 98,917 35,758 37,123 2,061,223 2,385,392 3,285,112 3,918.898 15,346,335 16,304,290 ELEMENTARY SCHOOLS $ 391,088 11,885.424 1,788,351 1,798.062 15,615 9,354 120,494 360,670 45.927 116,414,985 13,320 61,792 202,167 6,833 186.349 470,461 $15,944.524 $ 9,266.076 (1.887) 6,661.865 18,470 115,944.524 Notes to the Financial Statement 2. Reserve for Working Funds The reserve for working funds is applicable to the elementary and secondary school operations of the Board os follows: • n Elementary Secondary 1912 1911 1.426 893 _300.314 5727 207 $ 406 893 650.314 51 057.207 3. Employee Sick Leave Pions and Retirement Gratuities • An employee sholl be entitled to the payment of an allowance on retire- ment 11, immediately prior to retirement, he hos completed ten or more continuous years of service with the Board or its pred.cessors an d if he 1981 fulfills the requirements of.one of the following sections: SECONDARY TOTAL SCHOOLS $ 207,971 $ 599,059 10,196,178 22.081.602 1,317,916 3,106.267 1,646,431 3,444,493 2,024,893 2,040,508 37,574 46,928 59,300 179,794 675,696 1,036,366 48,071 93.998 $16,214,030 • $32.629.015 80,834 150,260 17.083 38,878 102,757 389.812 $15,824.218 $ 9.266,361 2.458 6,384,612 170.787 $15,824.218 CURRENT LIABILITIES Bank overdraft Account payable and accrued liabilities Other school boards Trode accounts Trust funds - Note 6 Four years over five plan Scholarship trust funds RESERVE FOR WORKING FUNDS • Note 2 NET LONG TERM LIABILITIES . Note 4 Approved' S.N. Bona Chairman of the Board F.S. Toll Director of Educotion NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED DECEMBER 31, 1982 1. Accounting Principles The financial statements have been prepared by the Board using accounting principles that ore prescribed by the Ministry of Education and are considered appropriote.lor the Ontario School Boards. these principles are in accordonce with generally accepted accounting prinriiples except as follows: (c) (o) Accurol Accounting Revenue and expenditure ore accounted for on the accrue( method except for: (i) No provision is made for interest on unmatured debenture debt (d) from the date of payment to the end of the fiscal year. (ii) No provision is made to record the liobility for retirement and.'or sick leave benefits occrulhg over the working lives of employees. (b) ' Fixed Assets Fixed osseus ore charged to current expenditures unless financed by (e) longterm debt. Principal and interest charges on net long-term liabilities ore included as expenditures in the period due. fixed assets 94,154 212,052 • 219,250 45,711 289,106 860,273 —S31,768,742 $18,532,437 571 13,046.477 189.257 $31,768,742 LIABILITIES 1952 $ 397.840 $ 1981 8,395 122,791 699,687 1.069,354 192,336 35,758 1.334.016 727,207 3,285,112 15,346,335 98,917 37`123 1,328,185 1,057.207 3.918,898 -$6_304`290 including Capital Leases, described as Capitol outlay to be recovered in future yeors, are included on the balance sheet only to the extent of the balances of the related net long-term liabilities outstanding and of the roloted temporary financing al the end of the fiscal year. Reserves and Reserve Funds Reserves and Reserve Funds represent funds appropriated for general and specific purposes and are I:harged or' credited to revenue fund operations. Under 'over Requisition of Taxes The difference between the net expenditures of any year and the amounts received to finance these expenditures is carried forward to the subsequent year to either increase or reduce the net revenue requirement from ratepayers. Comparative Figures Certain of the 1981 figures have been restated to conform with the 1982 presentation. - fa) is not cootributa to the Teachers' Superannuation Fund and is 60 or noral years old or .s the age .Iigbl. for receipt of o Retirement Gratuity established by the Collective Agreement oppl.coble to the retiring employees. (bI is contributor to the Teachers' Superannuation Fund and is eligible for on "A"" p.ns.on under the existing provisions of the Teochers' Superannuation Act. (c) is contributor to the Teochers Superannuation Fund. is more than 60 years of oge. and is eligible for o pension under the then existing provisibns of the Teachers' Superannuation Act The Retirement Grriiity u caku4ted on the following basis: 1.1 Fa Teachers Accumulated Sick Leave 2 Oil For Other Personnel Accumulated Side Leave 2 ■ 1 Annual Salary on Retirement • 200 1 ■ Regular Annual Salary on Retirement, Excluding Overtime 240 Funding for the plan is provided for .n the year .n which payment it dup. Payment to retired employees during 1982 amounted to 568.028 (8159.301 in 1981) The amount of the contingent liability in r.spect al employees who meet the eligibility tie qu.rements of the pions or the year end is not known because the information regarding teoch.ng experien( 1 for superannuation purposes ,s not on record. 4. Net Long Term Liability Repayments Of the net long-term liabilitiesoutstanding of 53.285,112, principal amoun• ting to 12.144,112 plus interest amounting to $782,309 is payable over the next five years as follows: 1983 1984 1985 1986 1987 Total Pn.ncipol $ 535.352 549.948 373.576 358.236 327,000 52 144 112 Eligible Interest Totol for Grant. 5226 696 187.804 14.098 122.317 98.394 5782 309 f 762 048 737.752 520.671 480.553 42S 391 $ 631.196 611 019 416 575 378 797 340 110 52 926.121 82 377 697 5. Debt Charges and Capitol Loan Interest The Revenue Fund expenditure for debt charges and capitol loan interest includes principal and interest payments as follows: Principal payments on longterm liabilities Interest payments on long term tiobditi.s tin 5633 786 269 405 5903 191 1901 $ 712 24e 324 I le 81.006.366 6. Trust Funds (a) The Four Years Over Five Plan The Board administered Four Years Over Five Plan in accordance with the current collective agreement with the teachers'. (b) The Middlesex County Board of Education Scholarship Trust Fund Th. Board administered the totlow,ng scholarship funds In 1982. 9981 1901 Carodoc South Public Sciool Mrs Hardy Srodie Award $ 339 s 300 Glencoe High School Doctor John A MocEocheron Scholarship 9 916 9.823 ford 0o•chesler Secondary School Horace Porker 5tude3t Award - . 25 M.dway High School Donald McKenna Memorial Fund 1 006 1 022 N.Ibourne Public School Mary Mother Trust 1,218 t 217 El.omor McGugon•Award 1 003 1.000 North 1,iddle,e1 Olstricl H.gh School • Geo,ge Douglas Grieve Scholarship 503 503 o.A Eamon, Award 1 005 1 049 Evelyne McNoughton Secretory of Rte year Award 500 313 Parkhill Ailsa Craig Junior Farmers Award s 731 713 Reunion 1980 4.727 '681 Ns Oxbow Public School The Richard 8eam.sh Memorial Scholarship Fund 3 345 3 254 Prince Andrew Public School Jeff Mann Memorial Trust Fund 1 630 • r 730 Strothroy Dlshkl Collegiate Myhre,' Rowland Scholarship 1 909 1,091 Wald Wor 9 Memorlel Fund 1397 1.394 Wert Mirk/hues I1•Mentory Sthonl; The Edward Rowland Scholonhtp 2.919 3 013 Westminster Centre, School Sandra SmIMrt Memorial Award S47 SO4 0 5. Knopp Award 1.000 ' J.A. Oummow Awards for Public Speek.ng 563 390 Lesotho Education Teaching Awad789 1 The Male Blair Memorial Fund 1 273 1.188 W.O MacDonald Award 1000 $31.738 517 123 1. s.