HomeMy WebLinkAboutThe Wingham Advance-Times, 1989-03-28, Page 117.'1.bt k Le.v Ben
Under the pick leave benefit plan. ususe4 *Ws laevo can
accumulate and employees may -become entitled to a eesh payment
when they leave the municipalitY's employeent.
The liability for these accumulated daps; to the extent that
they have veatod and could be taken in cash by an employee on
terminating, amounted.to $21,661 (1901 v5,2se) at the end
of the year. .No amounts were.paid to employees who left the
municipality's employment during the current year or the
previous; year.
A reserve fund has been established to provide for this peat
service liability and is reported .on the "Consolidated Balance
Sheet". The balance at the end of the year is $14,838 (1987
$13r338). An amount of $1,500 (1987 $1,500) has been
provided for in the current year and ia reported on the
Consolidated Statement of Operations.
No payments to employees who are eligible to retire ore
anticipated over the next five years -
8. Net Long Term,Liahilities:
(e) The balance of the long-term
net liabilities on the
"Conaolidated Balance Sheet" is
made up of the following:
(b)
(c)
9. Mun
(a)
Total long term liabilities
incurred by the municipality
and outstanding at the end of
the year amount to
Of the long term liabilities
shown above. the responsibility
for payment of principal and
interest charges for tile
drainage and loans has been
assumed by individuals. At
the end of the year, the
outstanding principal
amount of this liability is
Net long term liabilities at
the end of the year
1988
1987
241,250 286,712
( 241,250)
( 286,712)
Approval of the Ontario Municipal Board has been obtained
for the long term liabilities in (a) issued in the name
of the municipality.
The municipality is contingently liable for long term
liabilities with respect to tile drainage loans. The
total amount outstanding as at December 31, 1988, is
$241,250 (1987 $286,712) and is not recorded on the
"Consolidated Balance Sheet."
icipal Fund Balances at the End of the Year:
The balances
Operations" of
(1987 $44,884)
the following:
on the "Consolidated Statement of
municipal equity (ordeficit) of $80,512
at the end of the year are comprised of
1988 l987
$ $
For general reduction
(increase) of taxation 84,547 51,341'
For benefittingjandownera.,
related to special charges
and spacial areas
( 7,44
77,10
Funds available for the
acquisition of fixed assets 3,407
( 12,671)
38,670
6,214
. Jao5a, 3 1'1'1'4 4 , 884
TOWNSM14' OF TURNBEHRY
CONSOLIDATED SCHEDULE OF OPERATIONS
For the Year Ended Pecember 31
(with comparntive figures for 1987)
S088CEN OT FINANCING
Taxation and User Cbargen
Residential and Farm Taxation
Commercial, Industrial. and Hominess Taxation
Taxation from Other Governments
User Charges
Grants
Province of Ontario
Other Municipalities
Other
Penalties and Interest on Taxes
Prepaid Special Charges
Investment Income
Other
Total Sources of Financing
. ,
, (b), ' $444141,-thp*4144rioakintkBoard ,
,tbe .pending i.#40 411v len, "OA*. 144 ,
tbea,. Coujteflt3 t,,,A 441 financed troy!, f ..
. ., .
nd
t 4$4.09144
10. e ry
,
Re ere F St .
.,., ..... ,,. .. . 4.. ••,
The total lualonces of,resorseesnd reameeti Node 00
(1907 S2630608) respectively are mad* up of the fo11e$041'
. .
Reserve! set aside for the 4.140,9ifie
purpose by Council Yci • ,
fpr working capital'
sich leave.
waste disposal site.
bridge
SetaL eserves
RespeTve funds set aside
purpose by Council
bridge
fire area
grader
11. Charges for Net
for specific
Total reserve funds
114070
14.10e-
132,2to
2711:18
1988
$
50,000
i2,04
10,000
72,000
Long Term Liabilities:
The charges of long term liabilities assumed by individuals
in the case of tile drainage loans are not reflected in these
financial statements.
EXPENDITURES
General Government
Protection to Persons and Prnperty
Transportation Services
Envirnnmental Services
Health Services
Social and FaMily Services
Recreation andCultural SerVdcas-.y
Planning and Development
Total Expenditures
Excess of Finencing over (unde0' Expenditures
Appropriations
Net Appropriations between Funds
Fund Balances al. the Beginning of the Year
Fund Balances et the End of 1 he Year (Notes 9, 10)
'Family' is the therno'.at
JOY March meeting. v:ce'77t
Videotapes concerning the family
by Dr. James Dobson, renowned
Christian psychologist and author,
were viewed at the March meeting
of J.O.Y. Unlimited at St. Andrew's
Presbyterian Church.
Dr. Dobson explained the impor-
tance of establishing traditions in a
family and the impact such cus-
toms can have. He said they give
family members self-esteem, a per-
sOnal identity within the family, a
eeling of belonging to a family unit
and they promote togetherness.
Interesting examples of traditions
were given. These included estab-
ishing distinct Thanksgiving,
Christmas and birthday traditions,
observing prayer and devotional
times and making tapes as a record
of special events.
The second topic Dr. Dobson dis-
ussed- concerned materialism in
he home and the temptation to
ver -indulge children.
'You cheat a child of pleasure if •
you give him too much,' he said. If
here is no need, there is no plea-
ure. It takes courage to say no to a
hild's requests when both parents
nd children know that the simple
se of a credit card could fulfill
tost wants.
However, Dr. Dobson said, it is
more important for children to real -
e that there is no direct relation -
hip between the amount of thin
ne acquires and the amount of
enjoyment one receives from life..
A sing -song of Easter music was
ed by Linda Pettigrew. Sandy
Walker and Cindochetta MARIANNE PIKE, a Grade 1 student at Wingham Public
y Rpre-
areci the refreshments which were School, was the storyteller at the recent Easter assembly. She told
njoyed by all. the story of "The Three Billy Goats Gruff".
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The importance of breaking the
silence surrounding wife abuse was
the theme of an informative mes-
sage given by Julie Lee of the Sur-
vival Through Friendship House at
Goderich, a shelter for abused
women and children of Huron
County.
Statistics quoted. by Ms. Lee
clearly show that wife and child
abuse has reached epidemic pro-
portions. One in eight women will
experience battering and one in
four girls will be sexually abused
before reaching the age of 18.
Ms. Lee stressed the fact that this
is not based upon genes, but on
what we are taught and the way we
are reared, so there is hope that it
can be curtailed.
She spoke of the reasons for wife
battering, the impact it has on all
concerned, the hope and confiden-
tial help, support and safety pro-
vided at the friendship house.
Anyone needing assistance is
advised to call 1-800-265-5506 for
24-hour crisis counselling assis-
tance.
Leslie Martin thanked Ms. Lee
and presented her with a box of
gifts for use at the house.
• Mrs. Martin also announced
recent purchases by J;0.Y. Unlimit-
ed made possible through the col-
lection Of grocery tapes - a rocking
chair for use in , the church nursery
and a tape recorder and tapes
donated to the Wingham and Dis-
trict Hospital's pediatrics depart-
ment.
The meeting dosed with a prayer
by Marion Hewines.
iz
0
1
p
e
Revenne Fowl
Budge, Acinal
$
100,993
51,094
2,500
59,910
279,052
187,884
53,030
1,555
54,567
Capital Fund Heaarven
Aetant Actual
$ $
270,563 90,872
30
10.000 11,548
15,700 21,057
1,497
2,603
1988
Taint
Actual
187.884
• 53,038
1.555
54,587
361.435
30
11,548
2,603
21,057
599,249 601,729
1,497
°
19117
T.'4 ,,4
Actual
189,434
35,110
2,0711
87,004
300,370
193
15,852
2,859
15,900
'----------
93,505 695,234 648,800
122,716 85,259
56,310 48,266
.270,500 222,435
6,500 27,996
1,325 828
110--
32,303 32,594
9,000 7,975
498,654
425,353
100,595 176,376
(130,172) (143,415)
51,341 51,341
21,764 84,302
149,802
2,807
389
85,259_ 95.042
48,266 49,022
372,237 338,950
30,803 9,373
828 1,098
400
32,- 594 34,159
sa r ac4,49 6
152.998
(59,493)
61,915
(6,457)
81,500
263,608
116,883
308,- 492
537e BOO
110,840d
197,652
(4,035) 345,108 425,375 308,492
, THE THREE LITTLE PIGS was a play presented at the recent
fairytale assembly at Howick Central School, The Grade 3 class
performed "The Three Little Pigs" at the assembly. (Howick
Grapevine Photo)
GORDON T. MONTGOMERY LTD.
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