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HomeMy WebLinkAboutClinton News-Record, 1980-06-12, Page 11s Kh• CLINTON N;I WS*K1 CGKC►,'TRI S ►Ai, Ana 12, 'AGE ' To:, The Members. of Council, Ratepayers acid. Inhabitants of the Corporation of the Ville ,e Qf .Bayfield We have examined.the ;1979 financial statements of the Corporation of the Village of Bayfield and its, local boards - the Bayfield Community Centre and the'llayffield fire Area.* We have also examined the 1979 financial statements of the Village of Bayfield Marina. Our examination was made In accordance: with generally accepted auditing standards, and .accordingly Included such test and other procedures as we considered necessary in ,.the circumstances, In our opinion, those financial statements present fairly the financial position of the Corporation of the Village of Bayfield, its local boards 'and the Village of Bayfield Marina as at December 31, 1979 and the resuls of their operations for the year then ended, in accordance with acc.ountin`g principles `generally accepted for Ontario municipalitir,>s applied on a basis consistent with that of the preceding year. This statement reflects the capita11l expenditure of the munielpal.ty to be recovered from the genera']. municipal .revenue of the municipality and its ,local beards as described in note 1 (a). (e) Balance Sheet ,This statethent reflects the assets and liabilities of the revenue,fttnd,.'. 'the capital°fund, reserve funds and local boards as described in note 1 (a The assets and liabilities of the Village of Bayfield Marina, a municipal. enterprise, are not .eansolidate.d. (d) Fixed assets Durst,- Vt,dden h BGntiec Chartered Accountants Licence Number 045. The 18th class of students graduated from the Therese Ptrimmer Clinic on June 5 after studying a three week course in Deep Muscle Therapy. The grads and their instructors included, front row, left to right, Mary Kish, director and instructor; Helen Chamberlain, Wichita, Kansas; Frances Cathcart, Seattle, Washington; Margarets Landy, Bethpage, New York. Second row, Jack Kish, instructor; Rich Phaigh, Eugene, Oregon; Vibeke Rasmussen, Denmark; Maryanne Lawrence, instructor; Joel Garrett, Columbus, Ohio. (News -Record photo) Round about -the village. Ed and . Hilda Pongr- caz, Grosse Point, Michigan have taken up residence in their sum- mer cottage in Jowett's Grove. They will, be staying for most of the summer and it won't be long before Ed has a go at the fishing again.. Ir -maid-Mfrs. Fred Yates,' Tim and Joy' of 1.. Newcastle, Ontario visited with son-in-law and daughter, Mr. and Mrs. Gilbert Latimer on the weekend. "Picnic" Fred was disappointed with the weather because ' he couldn't stop at roadside to eat on the way here. Mr. Bernard F. Sturgeon visited with his parents, Mr. and Mrs. Jack B. Sturgeon on Friday night and Saturday morn, before returning home to Orangeville. • Mr. and Mrs. Matt Smith and family of London, Ontario visited at the Hollow (being the form o ners) with Bud b, and also B a visited with Gary and Edna Hulley next door, their former neighbours: Matt assures us he'll be back for the Lion's Carnival later this summer 'cause he has never missed one yet! The perch fishing has been good this past week as -they -have -prat tiCully been jumpingout of the lake to get on the anglers stringers. The blow on the weekend will slow things, down for a bit but they'll -be back before you know it. It was so windy on Sunday. Do you khow how windy it was? Well it was windy enough that the sailboat races were cancelled this week. The arena was broken into again last week. , Mr. Billy Davidsbii celebrated his birthday at home last week with some of his little', friends present. Visiting with the Triebner family last weekend were many people, including Mrs. Bertha Coll;4ns and Mr. and. Mrs. F. Cormier of Monkton, N.B. Mrs. Lillian Penhale, of the- Clan Gregor Apar- tments,, with her sister Mrs. Marie Scott of St. Thomas, visited relatives in Winnipeg and Portage - la -Prairie for the past two weeks, Mrs: Maude Stttr'georr visiting with relatives in London. Mr,- and Mrs. Jim Garter and their two children of London, visited with their aunt, Mrs. Sadie Murney, at the Clan Gregor Apartments: Mr.' and Mrs, Ron Carter of St. Marys were at their cottage at Crystal Spring Beach for the weekend. They also visited with their aunt, Mrs. Sadie Murney, on Sunday. Mrs. Jay Ball visited with her friend Marie Douglass at Bq. moie for a couple of , days last week. Mr.., and Mrs. Matt Nediger, accompanied by their daughter Mrs. Clara Brugger and son of Seaforth, were in Scar- Lap• borough on Saturday, m0celebrating the 30th onerywedding anniversary• of • by Bud Sturgeon I certainly thought it would be a quiet weekend, so I did-! But it was not to be, somebody must have decreed somewhere. The weather was the pits. Sit around all winter with nothing to do and,then pick up a couple days of gainful employment, wait all week and then it's TGIF time. Well one week's work doesn't make you too thirsty after two dozen weeks of holidays, but at least the weather could have been more considerate. It was just plain too cold and 'wet to sit out on the deck and anjoy a beer. So much for Mr. Nice Guy Friday. As far as the thank-erp-goodness goes, it's probably a blessing that we all didn't have to cope with a hangover on Saturday. But I know some people out there that did. So Saturday we ate ice cream cones downtown. Then Pat Graham came along with his new apron with a picture of how to cut up meat diagrams on it. Well, we were standing there .eating these butter pecan ice creams and Pat says,' "Come and look at this!" So over we walk, about two feet from where we' were already at, and looked at the front of his store. These three flags were hanging up on the second story all tangled up from the wind. The one on the left end of the store was wrapped around its pole in its entirety. "That's the Ontario flag and it's hanging like that now 'cause we're all wrapped up in ourselves.at present", says Pat. On the right end of the building hung the American flag. This flag had not been affected by the wind at all and was still as it should be, all in order. "It's like that now 'cause the Americans know what they're doing." Our eyes were now directed towards the flag that hung in the middle above the door. It was the Canadian flag, with a tear right up the centre through the maple leaf. One half was still hanging down in its normal position but the other half was all entangled in the pole. "Been like that since the referendum", says Pat, "going to have to buy a new one now." That really happened and the ice creams were good too. That was pretty well All. that came of Saturday though. We went down to the Mile High, but the Moleman., was grumpy so we didn't stay too long. I presume the Tiger game wasn't coming in on the tube too good because of the storm: Sunday was a whopper of a day as well. The wind had branches blown down all around town and I saw a man pretending he was a dog up in Clan Gregor Square. I couldn't get a picture to substantiate my story 'cause I left my zoom lens at home and I like to maintain a safety margin with those kind of shots. The remainder of the day I spent studying,the latest reports from the environmental people. Don't get your hopes up because they say the weather will be on the cool side this summer. On the other hand, they say that within the next 100 years the lakebank at'Bayfield will have receded back past Tuyil Street too. I always wanted to own'beach property and if that is right, the Hollow will be close to it. Lethargic as it may be, that's all there is and there ain't no more. their son and daughter-in- law, Mr. and Mrs. C.A. Nediger. ' Mr. Bill Reid of -Sault Ste. Marie, son of Mrs. Belle Reid of the Clan Gregor Apartments, had heart surgery recently in University Hospital, London. His many friends and relatives in Bayfield . will be happy to know he is making a very good recovery. Mrs. Dorothy Weston visited over the weekend with her son and gran- dchildren , in St. Clair Shores, Mich., and also with a friend in Algonac, Mich., and with her brother in St. Clair Shores as well. Miss Christy Latimer and friend Kevin Reid, both of Toronto, visited in Bayfield with Mr. and Mrs. G. Latimer on Saturday. Did .you know that the washrooms at the South Shore Marina are for public use as well as for the boaters? Several of the villagers attended the Spring Fair in. Clinton during the weekend, and watched the parade on, Saturccay. Although not a very big parade, the entries were of excellent calibre. Despite the downpour, most .,everyone enjoyed the fair, except two little girls we know who came home still clutching tickets on rides they couldn't have because of the weather conditions. Turn to page 12 . More Bugle P. 12 LiCt=>OC==>1 Coderich, Ontario March .18,.1980.. STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1979 1979 Budget 1979 Actual $ Accumulated net revenue (deficit) at the beginning of the year - 6,48 Expenditures and transfers Municipal expenditures General government 34,175 Protection to persons and property 6,963 Transportation services 93, 500 Environmental services " 16,000 Health services 400 Social and family services Recreation and cultural services Planning and deve'ldpment 5,000 . Other Total expenditure 156,088 Transfers -- `transfers to region or-eou-rrty---- - Transfers to school boards Total transfers Total expenditures and transfers 1978 Actual S 20,008 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 cost of capital projects not yet permanently financed is reported on the Balance Sheet. (ea) Municipal enterprises -° i :;t :a arc t he•s-�•-ae�i�-��-�-ry 5 r c v b t a a L r :s>:xbs�a•ttt is 1 1 recovered from service charges on the users. The enterprises of, this municipal°ity whose r'e.•venues and expenditures have not been consolidated in these financial statements are: Village of f)pyfield Marina CAPITAL OUTLAY TO BE RECOVFRED IN FUTURE YEARS Capital outlays, including fixed assets and the transfers of capital funds in the amount of 5 4,390, which have been financed from general municipal revenues of the current year, are reported on the.S'tatement of Reveiaue and Expenditure. 3. RESERVE FINDS During: Ore veear, $ 4,548 were credited directly -to reserve fund:* without being rcccrded as revenues and expenditures 'of the -Revenue Fund. Major sources were: 25,915 20,353 103,274 15,322 413 100 13,995 75 179,447 24,691 37,'x16 8 3 422 12,936 011 575 6,164 17,'+11 183,498 Subdivider contributions Ontario i5'mc Renewal flan - interest earned on loans Interest on subdivider contributions 411 137 $ 4,548 4. A('('1''lt'LACFD NFT R1:VFtil'F (DEFICIT) AT THE END OF THE YEAR The bal:anre in the revenue fund at the year end is available ao reduce •(to he ;,cl.led tol. the levies of the following classes of ratepayers: 1979 1978 33,17-1- 104,597 3,1.71.104,597 137,768 293;656 ----- c rrers-1 l- ret t -spay- -ro _ . County ratepayers School hoard ratepayers Community centre operating fund ‘la:C°ield Fire Area ratepayers $ (2,171) 14,768 2,367 (766) .489 '4$ 6,248 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 pii•rposes 54,056 1,000 84,312 6,624 500 3,775 150,267 6241192 16,3':5 3,01 3 '- '2744, .L'53 L :1XC'F ' : 11AI, (11. -CLAY ,n, -ed capital outlay consists of the followin : .rrenralcont rue t ion begun in 1978 and o^iplrted.in 1979 - total costs Iinan,Ino including Province of Ontario grants and public donations Region or county requisition Taxation Payments in licu_of taxes Ontario grants - Other 491,946 412,309 $ 79,637 25,652 557 6,770 -,uct 7,18A Revenue to pay the region or county'requisition School board requisition Taxation Payments in -lieu of faxes Other Revenue to pay the school board requisition Total revenue 102,258 102,258 • 284,947 Accumulated net revenue (deficit) at the.ensi_of the.year Analysed as follows: General revenue Region or county School boards Special charges Special areas Local boards Municipal enterprises (2,.661) (16,708) 14,019 28 103,20.0 2,233 105,431 111 , 148 (2,171) (15,982) 14,352 1,148 (1 ,689) fl,rt3,nr Province of (Ontario grants have been approved. It is anticipated that the Balance will be financed from .,l tic Zonations and g•enera•1'taxation. 6. Bank loan; c, 516',00d'at year-end were in excess of the amount allowed under ti ,n 33 • of the `'unicipal Act. The maximum. amount allowed would be 70% 7,71,ted balance of estimated 'revenues or $64,719 at year-end. (+f t 1, loans, an amount of, 5127,000 was incurred as temporary financing ,,f to -lc r, 0.a nstruc t ion project which was completed during 1979. As at 1,x90, bink loans were reduced to a total amount of $111,000. (10,610) 14,7h8 2,167 (1'77) BAYFIELD ARENA CAPITAL FUND Statement of Capital Financing and Expenditures for the year ended December 31, 1979 - 1979 . i'nt in+�l. �.1 ,; it.a1 �! l,a. - beginning of year 5101 (2,661) - hand valuation per Ministry of Revenue >on.,t i,,r.,. r, t, n i, - transfer from trust fund ••ac - contributions from Community ('entre Operating Fund 1,983 the public 36,277 316 'tante . ,,,rr,ni1v (rntre�, and 'intnria grants 14,500 ° 1,234 263 41,756 729 STATEMENT OF CAPITAL OPERATIONS for the year ended December 31, 1980 1979 ' Actual 152„1,62 $ 190,738 163,089 $ 221,571 Unfinanccd capital outlay (Unexpended capital financing) at the beginning of the year Capital expenditure General government Protection to persons and property Transportation services Environmental services • Health services Social and family services Recreation and cultural services Planning and development Other Total expenditure t ,ntta, t $165,450 a1 1,F 11 229,506 ,.nt, H,rniture 11,738 10,968 r' -1 4-- 265,274 265,274 14,500 1,097 2,352 2,000 L92,108 .352 14,263 226,672 BAYFIELD FIRE AREA Statement of Revenue and Expenditures for the yearaended December 31, 1979 1979 '1979' 1978 6,ici!it Actual Actual oder 1, r, 01 1113) ,,f `=t:ani05 Capital financing Contributions from the revenue teand Contributions from reserve funds and reserves Long term liabilities incurred Ontario grants Other Total capital financing t1on Unfinanccd capital outlay (Unexpended capital financing) at the end of the year NOTES TO THE FINANCIAL STATEMENT 1. ACCOUNTING POLICIES 4,760 1,550 700 50 120 540 100 3,0.60 .k 1,275 659 93 200 100 421 124 2.872 1,874 309 306 150 738 120 480 3,977 (a) Statement of, Revenue and Fxpenditure This statement reflects the revtlnnes and expenditures of the revenue fund and.tshefollowing local,,hoards: Bavfield Community Centre Operating Fund (local ho:,rd) Bavfinld Fire Area (i8int local hoard) The revenue and expenditure of the Village of Bavfleld Marina, a ranni,ip,i1 priseis notconsolidated.,t,. enterprise, ire ' 3,•ht er •; r,. 00c r,+1 1 ,0 F ire t i✓4:t 1:3,' '3''11 , •it irucl< 1, t ' t ire r,1 7 1 .-, •: i er fire 11,•hter tr:: anhav3'' l.;aiaital ,,yh,,•031t fire' n,lt of Total ,'rprm]it„re 5,000 3,500 2,000 900 300 7,022 2,854 1,214 1,257 5,879 3,526 551 778 'ar rent revenue Arcnl,u1.iC,'3 net r,•5rnnr en1 of year $ 3