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HomeMy WebLinkAboutClinton News-Record, 1976-06-03, Page 14von, 0 eve Russell gimahfofea patient in ?' aline Ho Pitel, We spent . s t#.t►...,th+c wiskher a ek rid wit r. and Mrs. A number' 'of people from ., ew1kh ugh► �intaliza►+�, Don, Peter the area attended the�, ,ddixtg artarl Ve.rstcr el% .',ay�d. "crud, la reception on.Saturday o,ei>ning orchis wit evening for Mr. and Mrs. Joe yJ e+ekezld visions with • Gibson 'held at'�'aaaatr�f. .• . '=1►!�a* 811' and Nix,Mr. and Mrs. Frank'� �itd -*ere Miss della and: Christopher of ¢ar- le Whyteof Guelph, Yr.ew Mississauga were SundaY eland, and Mips ea . Mrs. Shawn s New visitors with. her parents, Mr. e� Don Buchanan, Martial of St. Lucia, (friends and , Paul�attd ►- r, andrs. Fain c ,. t!rgl Mrs. Andy Mr. and M Stevenson, David, Darren ,meson of Etotieake, Mr, _ vid Lawton and Miss Sue and Luanne , were Sunday Ke evening dinner , pests with �enlysidc of Toronto were Mr. and Mrs. William visitors with Mr. and Stevenson and girls of Mrs. John Thompson, Jim, Stevenson Bob and Sharon. sy of veto every, .+..y.11 ,.' in their next regular g,, Jury 7, the Clinton entertain !Merton go where Mrs. Doug drew;, formerly ofClinton, now NobleGrand. ire pat Noble Grinds of Clinton met for an en- tertaining eventuB at Mrs. ,teeheir"a 31• call the he firOst4fOot uhell• They wd again for a net luck Seal+ Monday evening. lune Pl. at Mr. and Mrs: 1• Wise's cottage, Sumner Haven. Net & berm The s'askatoon is usually refereed to as a herrY4 but it is actually a pante like a hear or an apple. woos" Totomil, ship your wows foy Ste;momiakI Cay` V& CAIS, BAVpil By 7: a* POST A►4H.QDGINS Goid candelabras and Soloist Rick Snell ung, assorted mum�ss set the decor “Sonn►ewherea, "We'veTOnly Wed - for the May 28 evening ding Song"during my wedding in Ontario Street Just Begun' e United Church when the Rev. ceremony. L. Lewis presided at the �three-tiered made bY the brides . for double -ring ceremony cake Poston*. Sherry . Hodgins and Peter grandmother. Verna Glazier, flanked by bridal candles, The bride is the daughter of pots ums and graced gold Clayton and Ruth Hodginscandelabra Clinton and the groom's Sanford Valley Hall for the d Jeandding reception. The parents are George an we By Diane Black White Elephant Sate The TucCare Centre � holding a White Elephant Sale on Wednesday, June 9, 1976 from 2:30 to 5:30 p.m. All items of clothing, books, toys, baking etc., would be most appreciated. The proceeds of this ve the are to be used to imp playground facilities at the Day Care Centre. Water and Sewag Anyone having problems concerning sewage and or water at Vanastra o ouid contact the ministry y at the environment p 482- 7136. After hours or on weekends, contact Don McLean at 482-702 or 482-7231 Postma also of Clinton. , 'bride's mother who n a Tile bride wore a snow her gues with a high turquoise gown imported from England, gathered neckline, a wide set - while gown of pure crystalite styled with a high Victorian in belt trimmed with sequins, rhinestones and pearls. She - neckline and long sleeves. Appliques descending down wore a pink. rose corsage. 'The the front of the dress were groom's mother, assisted, •rted frbcn wearing a coral gown with pure lace imported cathedralg sheer sleeves and a 'Belgium. or train also was® adorned with white rose corsaa e - will commence on the lace appliques. The bride For Tennessee, to othen bride Bingo carried an arm bouquet of and Friday June 4, tion at the yellow roses and baby s chose a peach skirt and Vanastra Recreation Centre reath_ jacket with burnt orange and inl be held every Friday The maid of honor was accessories and a corsage of evening throughout the Linda Hardy, of Guelph , gardenias and stephanotis. summer months, Linda of the bride. She wore The couple will be residing John Cullen at 482'= 7967. To the Huron -Perth County Roman Catholic Separate School Board We have examined the Balance Sheet of the Huron -Perth Rohan Catholic Separate School Board as at December 31, 1975. the Revenue Fund Statement of Operations and the Capi- tal Fund Statement of Operations for the year then ended. Our examination included a general review of the accounting proce- dures and such tests of accounting records and other support- ing evidence as we considered necessary in the circumstances. c The next Hospitality Night a floor -length gown of green being put on.by the Vanastra polyester styled with a heart - Community Association will shaped neckline, shoe string and a slightly be on Saturday. June 12.1976' straps, bodice. She also Be sure to set this date aside gatheredorea high neckline cape and come and join the fun. with ruffles around the collar and bottom, and carried a white Bible covered with a crystalite cover made by the bride. Talisman rh � � bons bbreath and long w blanketedthe bible. The senior were Barb Glousherfriend of the bride of Londesboro, Karen Wilmott, friend of the bride of London, and Lana Lockwce the groom, Auburn. f They, groomalong , with the junior bridesmaid. ShaWn Newman. cousin of the The winner of the Vanastra and District Lions Club 50-50 draw was Mrs. Colleen Lormand of 14 Toronto Street, Vanastra. The amount won by Lormand was $195.50. Mrs. at 81 John St.- Clinton. Wedding guests were present from London, ofBuffalo, Mississauga. Chatham, Listowel, Seaforth, Blenheim and Ridgetown. Prior to her e$ i of honor the bride was the gu Marion at showers giVen by Miller,andma and Sonja Hodgs Betty MacLean. br dresses styled similar to the. maid of honor except o n shades of melon, blue, cy ell and solf pink. They cried Bibles identical to the maid of honor. The flowergirl, Deanna Hodgins of London, cousin of the bride, wore a polyester dress styled by her mother to match the bride's. The groomsman was Ralph Postma, Clinton brother of the groom and the senior ushers were Kim Hodgins, brother of the bride, Clinton, Nick Hodgins, brother of the bride.. Amhertsburg and Harry Hodgins , cousin of the bride, London. The junior ushern wasf Ti he Ne b de, sous and the Mississauga ringbearerw hew Jo�ff the Postma, nep groom. Clinton. In our opinion these Financial Statements presentg7 fairly the the financial position of the board as at December 31, 1 accordance results of its operations for the year then ended, with accounting principles generally accepted for Ontario school boards applied on a basis consistent with that of the pre- ceding year except fax the change in accounting for fixed assets as described in note No. 1. Stratford. Ontario April20, 1976 NOTES TO FINANCIAL STATEMENTS te) Net Long -Term Liabilities Debentures are recorded as unmatured debenture debt in the year of sale. L Accounting Policies la) Accrual Accounting The accrual method for reporting gvenue and expendi- turereon of reporting of has been used with the exception charges for net long-term liabilities. t�m� due date of in- terest charges are not accrued payment to the end of the fiscal year. Ib) Fixed Assets to cur Fixed assets are chargedrent expenditure unless financed by long-term debt. Principal and interest charges on net long-term liabilities are included in ex- penditure in the period due. Fixed assets are included in the Balance Sheet only to the extent of the balances of the related net long-term liabilities outstanding and oft e ted temporary fi- nancing at the end of the Y (Statement ME 325-1) For 1974 and prior years. fixed assets were reported at cost. 2. Debt, Charges and Capital Loan Interest The expenditure for debt charges and capital loan interest reported in the Revenue Fund Statement of Operations in- cludes principal and interest payments as follows: Principal payments on long-term liabilities $158.961 Interest payments on long-term liabilities 152910 Interest payments on. temporary financing of 821 capital projects S312.692 (Statement ME 325 -2) 3. Contractual Obligations As at December- 31st, 1975, the .board has contracted for a gymnasium addition to St. Patrick's school. Kinkora at a cost of $225,504. Final approval was obtained for this project on November 19th. 1975. There S 3tbeen nn os xpenn hid iture project. in- cluded in the attached Financia By Rena Caldwell Congratulations to Mr. and Mrs. Doug Upshall on the arrival of twin boys last ids from Mississauga, wore Current Assets wee. Mr. Bud McLeod, Manitowaning, visited in the village on Sat. last. Mr. and Mrs. Steve Pine and Sherrie Lynn, Sault Ste. Marie, visited with Mr. and, Mrs. Ed McBride. Mr. and Mrs. Grant Love, Caro, Mich. attended the Vanderwal-Baird Wedding on Sat. May 29. Miss Jean liniso n. who has London, been holidaying has returned home. Cooper, Mr. and Mrs. Gary Detroit spent the American Holiday with Mr. and Mrs. Vivan Cooper. We are sorry to report the death of Mr. Arie Binnendyk, a former resident, an Sat. May 29 in London. Our sympathy is extended to his wife and family. Cash Investments at cost Accounts receivable Under -requisitions • (elementary) Under -requisitions (secondary) Other Prepaid expense Other current assets 4.451 4,448 195.277 14.136 683 215,182 122.535 2,245.386 2.356.674 2.46 8 2.474 9 115,793 1.649 LIABILITIES Current Liabilities 1975 1974 Bank and other 115.84$ 35.619 short - term borrowing Accounts payable and accrued liabilities 1975 taxes refundable reason of employees' ielementary 1 of services , secondary Over requisition ielementary ► 53.609 26,211 Over requisition i secondary 11.149 46,377 Other ' 4.630 14.328 Debt charges due and unpaid Other current liabilities Net long term liabilities Reserve for working funds Equity in reserve funds 3,016 t' napphied capital revenue - 689 2.460.578 2.479.209 215.192 1?2.535 2.244.697 6 2,353.658 STATEMENT OF OPERATIONS Fter EMENTARY SCHOOL PURPOSE SREVENUE. Ft.tiU 31. 19 i a A member of the Goderich Township recreation com- mittee, 17 -year-old Diana Brand is a contestant in the Queen of the Fair contest. The daughter of Corry and arnellus Brand of RR 3, Clinton, Diana Is Interested In sports and Is a member of 441 homemaking and agriculture clubs. She plans on going back to CHSS to complete her grade 13. Diana is sponsoredin the Clinton Merchants. (News -Record photo) + Swim Suits + Sport Shirts + Knit Shirts + Shorts + Stacks ...lust right for summer. Expenditure 11usiness administration Computer services Instruction Educational services Attendance. health and food services Plant operation and maintenance Transportation Tuition fees Capital expenditurd Inon-allocable) Other operating expenditure Debt charges and capital' loan interest Non operating expenditure excluding transfers to reserves Total Expenditure Recovery of Expenditure Other school boards tuition fees and miscellaneous Government of of Ontario. tuition fees and miscellaneous Government of Canada Individuitl!s tuition fees Other Revenue. excluding. transfers from reserves Total Recovery of Expenditure NET EXPENDITURE 1975 1974 139,777 102.440 3,189 3,082 2,134.276 1.74 .�4 29,410 377,054 320,713 356,820 337,21 5,576 4.941 68,55$0 8.220 16,540 24.815 312,692 315.497 2,337 1,026 3,446,251 2,900,005 Financing of Net Expenditure Go%ernment of Ontario General Legislative Grants Local Taxation Previous year' over under requisit ion taxesl taxation raised in the current year Decrease t increase & in reserve Total 1975 1974 2.912.137 2.136.359 23,507 8,269 451.267 394,84:3 3,386,911 2,841.215 81,049 570 To be applied to following year's taxation: Refund of 1975 taxes for reason of employees' withdrawal of services Net under it•ver► requisition TOTAL CAPITAL FUND STATEMENT ENDED DECEMBER t, 9755 FOR THE YEAR year not Permanently Capital Expenditure Flied Assets and Work in Progress Buildings, Furniture and Equipment School Sites and improvements to sites Nttpil Transportation Vehicles Other Total Less Federal Sales Tax Refund i ,i al Capital al Expenditure Capital Fitianritwg. nexpetiiled Funds o at Beginning of 1 ear. or Ill Harte at ikiltrinning of 1975 1974 $ 69.380 42,440 52,696 29,652 (12,8161 Long Term and sold Contributions from Government of Canada Capital Expenditure from thr Revenue Fund Transfer to the Revenue Fund Balance at end of Year not Penna neatly Financed or (Unexpended Funds at End of Year) Elementary Secondary financed) Elementary Secondary Liabilit ies isur'rl 2,813 32.437 Total 68.580 29,652 12,8131