HomeMy WebLinkAboutTimes-Advocate, 1978-08-31, Page 2 (2)Page 2
Times -Advocate, August 31, 1978
Final plan review
Continued from front page
whether it also applied to
boats and travel- trailers.
$oyle's interpretation was
that the adjective applied
only to vehicles and there
• was a general restriction
that people could not store
• any boats or -travel trailers
on •their properties for ar
period of more than one
month unless such vehicles
are stored in an enclosed
accessory building or gar --
age. / . '
Council members also
were pleased to note that the
problem of merchants dis-
playing merchandise on the
town sidewalk in front of
their stores may also be
covered in the new zoning
bylaw.
Council had planned to
prepare a bylaw to confine
such displays, but Boyle
suggested the zoning bylaw
appeared to cover the
matter adequately.
"If this covers your con-
cern. we 'won't need a
bylaw." Clerk Liz Bell com-
mented.
Councillor Wright said
that it may be necessary for
merchants•to contravene the
bylaw to stage their annual.
sidewalk sale. but Shaw
suggested a sentence could•
be added giving council the
right to allow street displays
on certain occasions. - • -
The regulation in the
bylaw stipulates that dis-
plays are permitted in areas
located .to the rear of the
front lot Zine".
There was also some
debate about the list of ap-
proved businesses which
could operate in a highway
commercial area.
Mrs. Bell said that
probably none of the listed
businesses would be of the
type the owners of the
northend shopping centre
would want as tehants. other
than a restaurant.
"They (the planners who
drew up the document 1 may
be expecting the owners of
the shopping centrel#, to
provide some. input in that
regard," Shaw suggested.
At the end of the meeting.,
parking authority chairman
Bill Batten expressed some
concern that the lot
coverage restrictions had
been dropped from the new
bylaw for the core commer- -
cial. He said this could
create problems for the pre-
sent'ptan - to open parking
behind the stores.
The previous bylaw
stipulated that core
buildings could cover only 75
percent of the existing lot.
Members discussed that
matter for some time and
suggested having a meeting
with the parking authority
prior to next week's public
meetinrin an effort to
resolve the matter.
PIES FOR BARBECUE Delicious pies
-Saturday. Displaying the pie varieties
Fletcher.
topped off a successful pork barbecue at Kirkton,
are Elsie McIntosh, Annie W4ernink and Isobel
T -A photo
ater restriction soon off
Water•restrictions in Ex-
eter are expected to be lifted
_"very early in September"
according to PVC manager
Hugh Davis. '
He provided that'informa-
tion in answer to a query
from Mayor Bruce Shaw at
Tuesday's Commission
meeting.
`Davis also suggested that
the restrictions for next
year will probably be -the
same as this. allowing
residential users to water
lawns and gardens for' two
hours each evening. In the
past. before the t'sborne
wells were in operation,
watering was confined to
three nights per week.
The Commission
members were advised that
water consumption during
the month of July was up 10
percent over last year,
despite the fact one of the
major users. Tuckey
Beverages, had moved their
operation to Huron Park.
PUC debate fireman bid
Continued from front page
rect. In such cases, the fire
department member would
have to take the truck to get
to the fire hall or fire scene
and therefore would be tak-
ing most of the equipment
with him.
Chan Livingstone said the'
major problem may be con-
Mveyance to the -fire hall, but
eted that if all employers
were reluctant to let
employees join the fire
department "we wouldn't
have muc,b' of a fire
department."
It was finally agreed to
get statistics from Fire
Chief Gary Middleton per-
taining to the number of
fires per year during the day
and an estimate of the
number of hours involved
before making a decision on
the request.
Increase insurance
The Commission reviewed
their insurance coverage
and agreed to increase the
protection on non -owned
vehicles. For an additional
$3 per year, the protection
will increase from $500,000
to $1 million.
However, they decided not
to take out•a policy on the
water tower. The elevated
tank is valued at $400,000
and the premium would be
$2,000 per year to have it
replaced should it fall down.
There is liability in-
surance -on the tank for any
damage caused to persons
or property injured b1i•
such a catastrophe.
"For 82,000 we can put
guys on the tower,
Livingstone suggested,
while Greene noted that a
parachute installed- on -the
tank on Nelson St. would
keep it from coming down
too quickly.
Later in the meeting,
Davis asked what price the
Commission would consider
charging the • town to have
the police communication
antenna installed- on the
tank.
No decision was made,
PLAN MEETING
The Huron -Perth district 8
members of the Ontario
Association of Agricultural
Societies have announced
plans to hold their annual
meeting at the Kirkton-
Woodham Community
Centre.
The session will be staged
on Wednesday, October 25
and will be hosted by the
K,ir.kt,on Agricultural
Society.
William Westman,
Milverton, is•president of the
Association, but plans to
1`etire after three years in
that position. Don Young of
Auburn is secretary of
district 8.
with. the• Commissioners
offering varying suggestions
from Livingstone's $1.00 per
year to Greene's suggestion
that $2,000 in rental would
cover the insurance policy.
In other business, the
Commission: •
Learned that Snell Bros.
Ltd. had been granted per-
mission to use their water
cooled air conditioning -
system for relief from the
heat thls summer on the un-
derstanding it would be con-
verted for next year. In Ju-
ly, the Commission decided
to stick by. a policy of not
permitting water cooled
systems in view of the vast
amount of water they con-
sume.
Learned from Davis that
the electrical storm last
week knocked out six ballasts
in the street lighting system.
causing damage of about
8300. He said prior to the
meeting that in earlier
times, the only damage
caused by such storms was
the necessity of replacing a
few light bulbs.
Were advised by
Livingstone that a new Ex-
eter firm, Windward
Marketing, started up by
two former employees of
Dashwood Industries, plann-
ed to provide an answering
service for the community.
He made the announcement
after Davis said the PUC
would have to start thinking
about an alternative service
if Mrs. Lorna Dale ter-
minated her service when
the new police communica-
tion system comes into
effect.
CQMPLETE COURSE
Dora v Van Esbroeck.
RR 1. flensall and Greg
Dougall. RR 3. Exeter have
returned from Bark Lake
after successfully com
;Acting a two week residen-_
tial,c•ourse in camping skills
and outdoor recreation.
The course was held at the
Ontario Camp Leadership
('entre operated by the
Sports and Recreation
Bureau near Irondale. On-
1ario.
The two local youths were
two of 144 young people
selected from applicants
from all over Ontario to at-
-tend the training course.
Students who succeed in
completing the course are
better qualified to give
leadership in outdoor educa-
tion in their schools.
Skills taught include
nature lore. out -tripping.
canoeing. sailing. swimming
and crafts.
Dorothy Van Esbroeck
and Greg Dougall expect to
try out some of the new
techniques upon returning to
-South Huron District High
School in September.
Report to the Ratepayers of Exeter For The Year 7977
Auditor's Report
To: The Members of Council. .Inhabitants and
- Ratepayers of the Corporation of the Town of Ex-
eter •
We have examined the consolidated, balance sheet of the
Corporation of the Town of Exeter as at December 31.
1977 and the -consolidated statements of revenue and ex-
penditure and capital operations. for the year then ended.
Our examination was made in accordance with generally
accepted auditing standards. and accordingly included
such tests and other proceedings as we considered
necessary in the circumstances
In our opininn. these consolidated financial statements
present fairlv.the financial position of the Corporation of
the Town of Exeter as. at December 31. 1977. and the
results of its operations for the year then ended in accor-
dance with accounting principles generally accepted for
Ontario municipalities applied- on a basis consistent
with that of the•previous year
-London. Ontario Kime. Ditchfield,
April 9. 1978, • - Mills & Dunlop
Licence Number - 777 Chartered Accountants
Statement of Revenue
and Expenditure
for the year ended December 31. 1977
,•R
Accumulated net revenue
1 deficit 1 at the beginning
of the year .
EXPENDITURES AND
TRANSFERS
-Municipal expenditures
.-General•government........._. _ 85993
Protection to persons and"
property 267.169
Transportation services 224.174
Environmental services 346.199
. Health'servites • 12.785
Social and family services 4.390
Recreation and cultural services 131.209
Planning and development . 2,264
Total expenditure .1.077 983
TRANSFERS 111, •
Traesfers to region or county 169:844
Transfers to school boards . 375.487
1977
Actual
1976
Actual
-_
62,066- 32,945
113,017...
181.748
232.250
170.887
11.706
4.911
11'.472
7,785
839.776
165.531
306.408
Total transfers 54,331 . 471,939
Tcrtal expenditures and
transfers...
REVENUE
Revenue by purpose
Municipal purposes .
Taxation 516.281 463,712
Payments in lieu of taxes.. 15,790 • 13.962
Ontario grants 311.257 272.076
Other grants -. 65.257 45.762
Fees and service charges 77.722 39,468
Other ..... ._. .. ' 20,180 30.502
Revenue to pay for municipal
purposes 1,006,487 865,482
Region or county requisition
Taxation 127.468 116,901
Payments in lieu of taxes 1.502 1,930
Ontario grants 40,723 48,135
Revenue to pay the region or
county requisition 169,693 166,966
School board requisition r
' Taxation - 373,295 .. 306,235 •
Payments in lieu of taxes , . 2.168 , 1,719
Other 434
Revenue. to pay th school board
requisition ' 1 - '375,463 308,388
Total'revenue- 1.551,643 ,1;0,836
Accumulated net revenue =--- --
(deficit) at_t _end- — r -
--ot-thf(ear (9,605) 62,066
Analysed as follows: i
General revenue (15,295) 56.189 -
Region or county 1,515 1,666
School boards 2.041 2.065
Local boards 2,134 2,148'
(9,605) . 62,066
1.623,314 1.3115
Public Utilities Commission
Water Supply- System -
ASSETS 1977
$
Current
Cash ...... _ . . ....... 63.404
Accounts receivable 3,880
Inventory 2.000 •
Total current assets 69,284
Fixed - at cost
Land - - 6.000
Pumphouses and wells :417.480
Transmission and distribution -
s}•stem 1.444.117
Equipment 23,047
1.890.644
Less accumulated depreciation. 482.647
--,.1.407.997
Other
. Debenture discount .
Total assets
LIABILITIES AND SURPLUS
Current .
Accounts payable'
Due to electric -department.
Sales tax payable ..
Holdbacks payable
Total cuFrent liabilities --4`. • --
Long-term
Debenture debt outstanding
Capital surplus •
Equity in assets financed
• by debenture .
Contributed capital
Retained earnings
Total liabilities and
surplus _ •
4.300
1.481.581
3.479
5.886
76
15,793
26,234
619.300
1976
8•
111.762
5.910
1,200
118.872
Statement of Capital Fund
Operations
for the year ended.December 31, 1977
1977
Actual
t'nfinanced capital outlay
Unexpended capital financing)
at the beginning of the year 215,585 112,500
1976
Actual
CAPITAL EXPENDITURE
6.000 General government 2.033
226,490 Protection to persons and property 45,113
Transportation services 93,739 108,606
Environmental services 212,539 811,157
Recreation and cultural services'..: 981.013 125,933
Planning and development- 5,584
Total expenditure 1.332,404 1.053 313
1.158.921
20,618
1.412,029
425.309
986.720
1.105.592
400
3.578
3 978
384.000
270.100 251.100
254.118 193,255
524,218 444,355
312829 273,259
1.481,581 1.105,592
REVENUE 1977
Sale of water .
-Domestic
Commercial -
Fire protection
Investment income
Late payment charges-
Miscellaneous
hargesMiscellaneous
EXPPNSES • -a -
General adniinistration
Billing and data processing
Power and pumping
Maintenance
:blains
Meters
Services
Rent
Principal and interest
• charges 58.680 54.689
Depreciation 55 �875 .i 897
•4 20246
39.570
January 273,259 -
December 31 312,829
E
120.114
92.857
22.870
3.290
864
2,420
.242 415
16.682
8.905
41.802
12.353
618
4.030
3.900
1976
E
94.176
68.845
17.674
5.522
613
772
187.602
12.339
6,988
30.310
8.134
192
3.255
3.360
▪ Net income
Retained earnings
Retained earnings
160,
27,438
245,821 ,
273.259 -
Public Utilities Commission
Hydro -
REVENUE
Sale of energy
Residential
Commercial
. StreSet lighting
Rental
Interest and late payment
charges ..4.116
Miscellaneous • 7,274
759,001
1977 1976
8 $
•
427.812 • 340,266
298.376 241.827
12.923 9,805
8.500 3.125
EXPENSES
Energy cost . ..
Operation maintenance ..
Administration ...
3.548
2,925
601,523
585.875 450.065
53,079 60.562
67,292 69,090
,..,� Fitnanclal.expgnse-- 4.240_ ,-4,355
►.1,t4 predation • 28,448 26,033
`3s 738,934 610,105
f4,rr,• ,
et income (loss)
Retained earnings, January 1. 441,432 450,014
Deduct prior period
adjustment (note4► 2,111
Retained earnings. January 1
- restated 439,321
Retained earnings. December 31.459,388 441,432
20,067 (8,582) •
CAPITAL FINANCING
Contributions from the revenue fund. 248,839 111,311
Contributions from reserve funds
and'reseryes__ — - -. - 8,000
Long term liabilities incurred 222,925 676.430
Ontario grants 520.437 31.642
Other 236,385 122,845
Total capital financing 1,228,586 950,228
Unfinanced capital outlay '
( Unexpended capital financing)
'at the end of the year 319,403 215,585
South Huron
Recreation Centre
STATEMENT OF REVENUE AND EXPENSE
FOR THE FOUR MONTHS ENDED DECEMBER
) . 31, 1977
REVENUE
Grants
Twp. -of Usborne. $ 3,750 t
Twp. of Stephen 652
Twp. of Hay . 400
"Donations.... 5,872
Rentals
Ice 9.578
Other 2.879
Admissions and registrations 16.294
Concession sales 12,543
EXPENSES '• • -
Bank charges 266
Salaries and wages 24,036
.f• Materials and supplies 20,171
Services and rents _13,021 57,494
Excess of expenditures
over revenues
151.968
$ 5,526
Exeter -Cemetery Board
December 31, 1977
(with comparative figures at December 31, 1976)
ASSETS 1977
$
Current • -
Cash 2,517 538
Accounts receivable 90
Total current assets 2,517 628
Fixed - at cost
Land, 10,225 10,225
Buildings 7,287 7.287
Tools and equipment 4,398 4,398
21,910 ' 21,910
Less accumulated depreciation 1,169 584
1976
.8
- 20,741 21,326
Other - at cost .
Perpetual Care assets - 152,940 142,790
Pre -Need Fund assets 1,523 1,513
154,463 144,303
Total -t9- 177,721 166.257
LIABILITIES ANO SURPLUS
Current
Accounts payable - 195 - 223
Perpetual Care owing
to trustee 131 1,509
Tatar Clli;biifti€s — 326 1,732
Reserves
Reserve for rpetual _ _
Care Contrac 152,940 142,790
Reserve for Pre -Need
Contracts - 1,523 1,513
154.463 144,303
Surplus 22,932 J0,222
• Total liabilities and .
surplus 177,721 166,257
n
Balance Sheet
as at December 31. 1977
ASSETS -
CURRENT ASSETS
Cash
Accounts receivable
Taxes receivable
Investments
Other current assets
Capital outlay to be
recovered in future years 1.892.893 1.470.035
Other long term assets 82,636 31 979
2.151,319 1.782.399
1977 1976
'$ $
26.689 121.320
53,183 64.123
50.302 51.517
1.222 1.222
44,394 42;203
175,790 280,385
LIABILITIES
CURRENT LIABILITIES
Temporary loans
' Accounts payable and
accrued liabilities • • 253,981 240,360
307,765 240,360
Net long term liabilities . 1.573.491 1.254.450
Reserves and reserve funds ... 279.668 225.523
Accumulated net revenue
(deficit) and unapplied
capital receipts . .. (9,605) 62066
2.151.319 1.782 399
Notes to -
Financial 'Statements
1. Accounting Policies
(a 1 Statement of Revenue and Expenditure
This -statement reflects the revenues and expen-
ditures of the revenue fund and the following local
boards:
South Huron Recreation Committee
' Industrial Development Commission
(b 1 Statement of Capital Opeiations
This statement reflects the capital expenditure of
the municipality to be recovered from the general
municipal revenue of the municipality and its
local boards as described in note Ital.
(c) Balance Sheet
This statement reflects the assets and liabilities of
the revenue fund. the capital fund. reserve funds
and local boards as described. in note 1(a). The
as.Sets and liabilities of enterprises that have not
been consolidated are reflected only to the extent
of their related net long term liabilities and
capital outlay to be recovered in future years.
Id) Fixed Assets
The historical cost and accumulated depreciation
of fixed assets isnot reported for municipal pur-
poses-. Instead, the "Capital outlay to be
recovered in future years" which is the aggregate
of the principal portion pf unmatured long term
liabilities. capital funds transferred to other
organizations, and the cost of capital projects not
yet permanently financed is reported on the
Balance Sheet.
(el Municipal Enterprises
Municipal enterprises are those activities whose
costs are substantially recovered from service
charges on the users. The enterprises of this
municipality whose revenues and expenditures
have not be consolidated in these financial
statements are:
Public Utilities Commission
Exeter Cemetery Board
(f) Charges for net long term liabilities
Debt retirement costs including principal and in-
terest are charged -against current revenues in the
per
chares
areinot accrued for the peros in which theareiods fromaid.rthe dates of
the latest interest payments to the end of the finan-
cial year.
2. Capital outlay to be recovered in future years
fa) Some capital outlay to be recovered in future
years does not represent. a -burden on general
municipal revenues,las it is �,p be recovered in
future years from other sources:
1977 1976
Municipal enterprises .$$43,166 $410641
(b) Capital outlays, including fixed assets and the
transfers of capital funds in the amount of 8248,839
which have•been financed from general municipal
revenues of the current year, are reported on the
Statement of Revenue and Expenditure.
t