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HomeMy WebLinkAboutTimes-Advocate, 1978-11-23, Page 12 (2)Pogo 12 Times -Advocate, November 23, 1978 Flower arranging featured at UCW A very enjoyable evening was held by the members of . the_ Friendship Unit - of GOOD USE OF NEW PIANO - The new piano was again - put to good use at the Seniors' meeting Thursday a-fternoon when Dora Thompson played many numbers as members were assembling and also for_ opening the meeting with the singing of "0 Canada". The president. Mary Kooy, presided for the brief busines3 meeting when the social convener, Edythe. Murdy asked that monies for both the Christmas dinner and the bus trip to see the Simcoe lights, be -brought in to the meeting this after.r noon, Thursday.. Dora Thompson and Muriel Cobleigh were ap- pointed to act as the program committee for the Christmas party December 14. at the Shillelagh- with • dinner at 1 p.m. A• reading was given by Mrs. Cobleigh stressing the • need to use every waking minute of every day to the - very best advantage. Mrs. Cobleigh Also led the group • in a very enjoyable - singsong - A donation of $25 .toward the piano was teceived"from an anonymous friend fpr which the group is most ap- preciative. Lucan fitted Church. in the C.E Wing on Wednesday evening when Mrs. Arthur •Hodgins of Clandeboye assisted by .Mrs. Don Miller demonstrated the drrtniging of very dainty floral baskets from dried leaves and flower's on d puce cone base' The•ilrembers each made a .basket. ---some on .an - autumn theme others with a Christmasv touch. Mrs_ .Hodgins donated the one she . made which was. in turn. given' to Mrs. KeithBIown who. whi: much unproved. was not able to attend the ' , meeting - • Plans were made for'com- -pleting more cookbooks for sale at the bazaar and also plans were finalized for operating the tea room at the same bazaar The - leader. Mrs Jack Ryan. presided for the business meeting and the worship - period. on a Christmas theme. was taken by Mrs Ian Wallace. . The election of .officers resulted a follows unit leader. Mrs John Forster assistant. - Mrs Fred Cow- drey. secretary. Mrs Miller. treasurer.. Mrs Ian Wallace Harold Davis and Miller McCurdy of Kirktnn Mrs Elizabeth Knight. Rodnev was a Sunday visitor with her daughter and ron- in -law.. ,Joan and .Joe Cun- ningham and girls • To the electors of the village of° Lucan a sincere thank -you for my re-election. I will do my .best to repay your confidence. Gary McFalls :y . A sincere thank you for your support 'in Monday's election. I will continue to work in the best interests of all ratepayers. Pat Cruniccn Thank You I would like to take. this opportunity to express my sincere thanks for the support I received in the recent elec- tion. Especially to those who worked so loyally on - my behalf. I will con- tinue to give residents of Biddulph township the same dedicatiorf in the future as I have in the peat-. Wilson Hodgins BINGO' LUCAN ARENA Thursday, November 23 Doors Open 7: 15 P.M. Early Bird 7:45 P.M. R49uIar games, Midway special share the wealth, stand up, etc. Jackpot $350 - 55 calls Admission 75'1 Proceeds for Arena License No..234700 Bingos will continue each Thursday night. J Lucon and district news • SNOWFLAKE BAZAAR ARTICLES Saturday dtrer^co•- _ -. :. '- Flora Kero,ck r t The 1oco+i UCw Snowflake bazaar was o real success -•e a" :,es for sale are lily Young, Anna Maguire and T -A photo 1 Half of area accidents involve only one vehicle •• Two of the four. acs.. •, nt," .. ,u>rs to investigated !h.- , . • ,f ,y, , e•.: Wert' 11arulri tt firers of the 1..- 1:: it ::,r•h- \': ,.c:; RH 3 1il<;i ('tart ment of the Ontario Prnv:n • cut! Police involved only .tr(- vehtete Friday at '11 30 -p tn. a . Vehicle driven hay F'ene1npe -S Emery London left Coun- ty rciiad 16 near County• -oa(1 27 and struck the ditch Constable J :\ Wilson '1,!;.d damages at '400 At 12 30 p m vehicle driven by Praetor Lond.ln --: pole on'the shoni1 • h!ghway of Hie Highways 7 a^(t 1atrlages were listed a; '1 - O00). by C`on/stable W It Disher U Vehicles driven hs Jac - and Gerardus Van Bussel. HR 3. Lucan Damages were -ct at $1.100 Yellows beatBlues in ;!lis s• :sur n a : ,i n roc rt.r t: r,tr_ •ail'• I311i.•c . • ernated goals (, • , :;,,d with Daryl nd fire) i .:orweather scnrir tor the 11 1- •.t., 1 queline 1{i marsh and - the Greens in the second and third Ronald J S mpson. both of pt•••I(•ds the Red- look RR .1. Lucan t•nll'ded „r a;,.ef• scoring .tn• Highway '4. - 5 kuometers f , , Fir.n1 T,%-;„!-,coredti.U- ••t - south of the l.ucar. yil;;rge .uhf•.(• t'";r�� :yhllc+-.l„?:ri irmits Constable ','.•tlsnn es - E i scored +fne,fror;l rh,• •iniated damages at X425 ao;rli Gird Moon added '1:•. Friday at 8 55 p n:,"herf,r••en'g'tl a'onstahle Wilson in- .Jin: Thorna< had lave vest gated a • crash on sisr- for the Reds and was Highway 4 lust north of ri,rrned the games ilio; star Rr,,'i Taylor .and 1)on Smile! cough:in.ys(Are. the ,�•h' r • stars of the gan1E• You shouldn t. judge ., In the 'erond game the :nodern ger? by her clothes Rlue ag'itua had a quick 'here really isn t enough <•.ar+ .,- in hi cr seek s game '•yidence - Thi-• 1st f•1, it •.s a. 1-0 before �' the roof fell I ton . Lankin. fill! Bashart ,rnd (t'hris \louratzen scored early to establish the tirst period, lead In the second the Yellows sta-ged ,their comeback Mike Wraith started things $.fide --.s Ith- an unassisted goal followed with goals by Bill Darling and Jeff Park. disputed call whether a penalty shot should be. - awarded or not resulted in a inincar pena:ty-,and a powerplay god! for Ron Keys \V'r;h only two minutes remaining Chris Mouratzen scored his second goal of the gams and the tying goal for the Blues Ir rooked as -if the Bines would manage at least one point hut 30 seconds after Mouritzen's. goal. Gary Revington scored the 'winner for the fellows The Blues pulled goalie. Phil Lousdeir hut they were unable to gain the tie. Gary l;eyington Chris Mouratzen and \like Wraith were the three stars . • SNOWFLAKE BAKING r s of tome baking were on sole Saturday at the o• UCW Shown with some of the del,cious articles %•:f 'iotso'• and Verna lbb,tson T -A photo DALEY'S WEEKLY COMMENTS Get co -sports By SID DALEY • • • Twoi 'ledreat(d Comrades in the persons of Carl Rummell and (i y.}- .Jones have consented to act as co chairmen and get Branch 540's winter sports program off the ground Az; tttias progresses Just keep an eye on - this column for developments The members of Branch 540 take (his opportunity to thank all those' who Con- tributed so generously thus making our poppy campaign so successful. A great big thank you to the lovely ladies of our Auxiliary who provided such a,delicious banquet. Also many thanks to our good friend . Ross Haugh and his camera for the exfteltent • coverage 'of (our observances in last week's Times Advocate This year it was Div pleasure to attend the St Patrick School's Remem- f brans$ ceremony- ' To s . . that 1 wa. irnpresserl is put- ting it mildlt- i was overwhelmed These younester< really .rlo remember - , The character and imput they place into their program is arnple proof of the fart f left the school very humble ;and wifh thanks in my heart that it was not all in Vain in speak- ing with Comrade .Jiro Simp- son who visited the Biddulph Central' School for the same reason. to attend the schools Remembrance Ceremony came awav'with the same thoughts as i As veterans all we can say is thank you teachers and . students alike for your beautiful services and most hf all for remembering And that's 30 for this week. , remerither - Skepticism. is hest when coupled with plans to improve Decorate your home with beautiful CUSTOM DRAPES wr t1 - Ise 'he fob"cs and rho • styles, you wc•?t and Barb Whfinq wait custom make you' d•aotts for you You can alto choose matching bedspreads and pillow St-rt^aT .. WHITING'S WAREHOUSE Main St. Exeter 235-1964 4 TOWNSHIP OF BIDDULPH AUDITOR'S REPORT TO: The Members of Council, Inlfabitants and Ratepayers of the Corporation of the TOWNSHIP OF BIDDULPH. We have examined the consdlidated balance sheet of the Corporation of the Township of Biddulph as at December 31, -1977, and the consolidated statements of reeenue and expen- diture and capital operations, for the year end 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 circumstances. In our opinion. these consolidated financial statementspre- sent fairly the financial position of the Corporation ,of the Township of Biddulph 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 On- tario municipalities applied on a basis consistent with that of the.previous year. - London. Ontario, July 28. 1978. • Licence Number - 777. Kime, Ditchfield, Mills & Dunlop. Chattered Accountants Statement of Revenue and Expenditure for the year ended December 31, 1977 Accumulated net revenue (deficit) at the beginning - of the year Expenditures and transfers Municipal expenditures General government' - Protection to persons and property Ti-ansportation services Environmental services Social and family services Recreation and cultural services Planning and development Total Expenditure Transfers •- Transfers to region or county82,355 Transfers to school boards Total transfers • ' 368,423 Total expenditures and transfers - 744;776 REVENUE Revenue by purpose Municipal purposes Taxation Payments in lieu of taxes • Ontario grants - Other grants Fees and service charges. Other Revenue to pay for municipal purposes Region or county requisition Taxation Ontario grants - Revenue to pay the region or county requisition 1977 1977 - 1976 Budget Actual Actual $ $ $ (7770) (7,770) 5,110 '29,500 33,945 32,165 198,200 45.229 28,911 235,052 47.393 13,060 3,646 58,259.- 57,078 38,977 27,410 145,494- 25,700 13,$64 13,853 48,107 376,353 406,025 313,405 83;179 73,618 289,309 259,589 372,488 333,207 778,513 646,61;2 136,729 ' 145,410 1,200 1,411 166,200 160,466 10.165 4,939 60,486 67,579 - 5,800 7,400 380,580.387,205 School board requisition Taxation • Revenue to pair the school board requisition Total revenue Accumulated net revenue - ( deficit) at the end • of the year Analysed as follows: General revenue : Region or county School boart1s Spetial charges Special areas Local boards Municipal enterprises . 107,531 1,501 120,141 5,183 52,018 8,113 (b) Statement of Capital Operations This statement reflects the capital expenditure of the municipality to be recoveredjrom the general municipal revenue of the municipality and its local • boar4s and municipal enterprises as described in not 1(a). (c) Balance Sheet This statemeht reflects the assets and liabilities of the revenue find, the capital fund, reserve funds and locn !lit 1boar(alds. - and municipal enterprises. as described i (d) Rxed Assets The historical cost and accumulated depreciation of ' fixed assets is not reported for municipal purposes. Instead, the "Capital outlay to be recovered in future years" which is the aggregate of the principalpor- tion of unmatured long term liabilities, capital funds transfereedto other organizations, and. the cost of capital projects not Yet permanently financed is reported on the Balance Sheet. (e) Municipal enterprises • Municipal enterprises are those activities whose costs are substantially recovered from service charges on the users. (1) Charges for net long term liabilities . Debt retirement costs including principal and in- terest are charged against current revenues, in the periods in which- they are paid. Interest charges.are not accrued for the periods from the dates of the latest interest payments to the end of the financial Year. 2. Capital Outlay To Be Recoyered In Future Years ' (a) Some capital outlay to be recovered in future years • . does not represent a burden on general municipal. revenues, as it is to be recovered in future years .:from other sources: - 1977 1976 Special charges on ,benefitting landowners .... $719.198 $360,542 (b) Capital outlays, including fixed assets and th transfers of capital- funds- in the amount of $77.3 which have been financed from general rriunicip 1 ' revenues of the current year, are reported one Statement of Revenue and Expenditure. 3. Net Long Term Liabilities (a) The balance for net long term liabilities repor ed on the Balance Sheet is made up of the following: - Total long term liabilities incurred by the •- municipality including those incurred on behalf of former school boards. at the end of the year amount to • $626,217 -Of the long term liabilities shown above, ,the responsiblity for payment of principal and in- terest charges has been assumed by others for ' a principal -amount of - (162,000) 294 48? Net longterm liabilities at the end of the year $464,217 . 4. Acccumulated Net Revenue (Deficit) At The' End Of The - Year The balance in the revenue fund at the year end is available to reduce (to be added to) .the levies of the 72,855 - 73,756 66,315 9 500 14,935 12,258 • 82,355 88,691 78 573 286,068 289,799 260,665 286,068 -289,799 260,665 749,003 765,695 633,725 (3,543) (20,588) (7,770) (31.081) (50,002) (31,081) 21,850' 27,362 21,850 5,208 5,698 5,208 (2,126) (1,297) (6.353) 275 784 275 2,331 (800) 2,331 (2,333) 13,5431 (20,588) (7,770) Statement of Capital Operations for the year ended December 31, 1 97 7 1977 1976 Actual Actual $ $ t'nfinanced capital outlay (Unexpended capital financing) at the beginning of the year CAPITAL EXPENDITURE Protection to persons and property. Transportation services Environmental services Planning and development Total expenditure CAPITAL FINANCING Contributions from the revenue fund. • Long term liabilities incurred • Ontario grants Other Total capital financing Unfinanced capital outlay (Unexpended capital financing) at the•end of the year 26,187 29,035 4)67 " 4,474 43,096 26,025 4,245 510,091 136,135 562,229 166.634 77.395 171,800 26,028 58,282 30,499 75,200 23,905 39,878 133,505 . 169,482 254,981 26.187 Balance Sheet as at Decetnber 31. 1977 Assets et'RRENT ASSETS Cash Accounts receivable Taxes receivable Capital t)utlay to be recovered in . future years Other long term assets I.iahilities CURRENT LIABILITIES Temporary loans rltcounts payable and accrued liabilities • • Net long term liabilities Reserves and reserve funds, Accumulated net revenue (deficit) - and unapplied capital receipts . 1977 • - 1976 $ $ 28,085 572 30,197 40,395 53,136 43,270. 111,418 84,237 719,198 4,183 ' 834,799 444,779 360,542 300,000 44,240 32,010 16,594 332,010 60,834 464,217 334,355 59,160 57,360 (20,588) (7,770) 834,799 444,779 Notes To The -Financial Statements 1. Accounting Policies (a) Statement of Revenue and Expendltute o • This statement reflects the revenues and expen- ditures of the revenue fund and the following•local boards and municipal enterprises: Granton and Area Fire Department Granton Water Area following classes of ratepayers. 1977 1976 General ratepayers $(50,002) $(31,081) Designated ratepayers (5131 (6,078) School board ratepayers..: - 5,698 - 5,208 Region (County) ratepayers 27,362 21,850 $(17,455) $(10,101) 5. Charges Foiidetl,ong Term Liabilities Total charges for- the year for long term Jiabilities were as follows: 1977 1976 • Principal payments • $41,938 -$34.697 - Interest • • 14,321 11,590 $56,259 $46,287 Of the total charges shown above $56,259 were paid from general municipal revenues of the municipality and are included *expenditure on the Statement of Revenue and Expenditure classified under the ap- propriate functional headings. 6. The Anti -Inflation Act The municipality, its local boards and commis3ions are by ag#•eement.between the Government �f Canada and the Government of the Province of Ontario dated January 13. 1976. subject to The Anti -Inflation Act (Canada) and the payments effective October 14, 1975: 7. Borrowing Limit Temporary borrowings of the municipality have ex ceeded the statutory limit provided by section 332(2) of the Municipal Act. Granton And Area Fire Department Balance Sheet December 31, 1977 (with comparative figures at December 31, 1976) ASSETS 1977 '1976 Current: Cash - -$2,-190 x$561 • Due from Township of Biddulph .. 800 Due from Township of Blanshard - 1,180 • Due from Township of London - 959 Total assets $3,370 $2,320 LIABILITIES AND ACCUMULATED NET REVENUE Current: Due to Township of Biddulph $4,170 Accumuldted net revenue (deficit). . (800) Total liabilities and accumulated pet revenue $3,370 $2,320 Granton And Area Fire Department Statement of Revenue cnd Expenditure For The Year Envied December 31, 1977 (with comparative figures for the year ended • December31, 1976) 1977 1976 Revenue Township of Biddulph 14,800 $3,600 Township of Blanshard 2,360 2,356 Township of London - 2,579 1,918. Miscellaneous 426 414 10165 -8,288 Expenditures Salaries 3.678 1,972 Services. rents, etc4,740 4,516 Capital expenditure 4,867 4,474 13,285 10.962 Deficit for the year (3,120) 2,874 Accumulated net revenue, January 1. _2,320 4,994 Accumulated net revenue (deficit). December 31 i(800) $2.320 Granton Water Area Statement of Revenue and Expenditure For The Year Ended December 31, 1977 Revenue Water sale t2,702 Expenditures Operation eters 840 Salaries i 4,245 150 Deficit for the year and accuinulated -net-deficit December 31, 1977 $2,333 5,035