HomeMy WebLinkAboutThe Wingham Advance-Times, 1989-07-11, Page 15s;
OW Basis of AccO,�
(f). douceaeaeh'
ac punting with the eneeF ;i�►ai .i
' whch . are 'phare$ a gain t BOO
the '
(ti) ' .e eco a1r basis, ,FB ount + r
and Cteasuiable; aec, ¢,B < e
a�i�et4dila'�ra:aA *rk re4r03t1�'
result, of receipt a 4490, or-aervicee amt 'the +kikeat e.
ti
(iii) fi'ceii aeQe:ts
r$09,90
144, they
0e enp9 Bs; eh bece,
neulted and Meager�
of S legal o a,tia7
The historical: coat and' acc'onnlate4 :depX„a*;,er fixed eSee'46x:
municipal purposes. Tied ,aseetn are rep, . he ,. an expend$ urs ,Qn✓ Cha:
Statement of Operatten in the. Met b$ ace anitio41.
u83
ata
t'eeera
Pikik
(iv) Capital, Outlay TO Be 1&ecoveredl in Future Years .
"Capital Outlay' to be recovered; in future years"„ Which repr'esentie >"he iiute i :•
princie4. ardon
ounsnetured" lonp•`tere liabilitiesfor.munic4pal pendt4es capitalfunds inserred
to other a'rganirstioa�e a; i`s reported on 'the' ” 0onsol i:dated
Balance Sheet".
20 Operations of,School .Boards and the County:of Huron
Further to note 1(a)(iti), the taxation, other teiienuea and requisitions for. the.
schoolboards and the County of'Huron are coeprised' of the following:
Taxation and user charges
Share of payments in lieu of taxes
Share of taxation of telephone .and
telegraph gross receipts•
Grants
Other revenue
Amounts requisitioned
School
-114s-rite' ' c unty : rn
..«fes-er. ym�pya ,
;$618,034 $1C,7$,011
18,880 •,1,„453
„
27,,297... , 6,754
n
0' 0
.,0 0
$4,64,151 $192,0/8
..r
e
3: Contribution .to Unconsolidated Joint Boards
Further to note Ite)-(ii), the following Contribution& were made by the manicipalit7 to ,;.
these boards: ,
19`$8•. 1987
•
Wingham Area Fire Board $26;,,788 - $31,56$
The municipality is contingently liable Lor: its share, which is approxin telyr 3642'
(198'1:'- 36.21). of the Fire Board's operating deficit. 8e at -the' year.en4, The •
Inwess
share of these expenses at December 31, i488 wee $1,220 (1987 :x* $10,274).
ie..
4. Trust Funds'
Trust funds administered by the municipality amounting. to $159,845-'(1987. - $1551�33,3)'
have not.been included in the "Consolidated Balance,Shee,t” n r have their opete 40'14 -
been -included in the;"Consolidated Statement of Operations",..:.
5. Liability for ?AO -Service Provision, R.f, Pens On ,Agfieeaente.�
Under the -:onset service provisions offile, 0�RkS sgrer net`. tires
at December 31,' 1988 for an amount of approx)aiy $57',ft.ix($98:
establishes . for the plan. No provision haa''been 7041411 for t i4, l
0onsolidated Balance Sheet. An amount of $6,.244(1987' $16.487)
•aOunt,for current eervict has been 'provided' for'•in fire'nares; '
of an expenditure 011'01.Conao1idat.4 Statement- of OW i .
con
6. Lia'btlity of vests' Sick Lesys Benefits .'
ti.,
CO 'gingham `Fell dis • Eoaoiasion
Be 4f Decieebe'r`314 19A - the united slow lerahiar-=t"or'ti
r .-sem• r *� .. ,
.14,4 eh 'the
1': alEil'dtts *,.to' tale ...:
a+l• a 4. fat reported
+ saee"of the':" heel Polices
**Luton uton were frota at thenuaber of-day►`accuhu te$
• at thet tirbt
t tauof 180days. Ts sccu ulated�eeaat1,
1981„ ala ti111t��''� '.
.00Officers to fund 'the difference •betweear the pay =punt'.fro• h.etee, I'Igernde
Plan in the Want a ' tehnees :>ind' the' nasal -aelar*•-esr , b)r' the Diffecri. for the
lame period. in theevent of an, Officer'. dieath, .the Tom 0.0 TAO l vill pay t0:01°
beneficiary or edtat of the deem:Mid Officets eeeh pays ent which a ual¢ ' t "
he totdlv.:
number of dale in the Officer's Agent:slated sick l eav Bark:.' The a ,rlar'yof` ,'they' 4 fficr
for the year . in' Which he ' ceases to be employed yid 'be the ,deterraini factor 'lam e •
amount of monies that his beneficiary or estate would receB
ive. �o ovLs n trite
liability has been made as it will`:'be expensed e '.` rion fuf thi a •
a�.it is paid out. • -
(b) Other Enployeeat
All other employees of the Tows of iiinghaaar at December 31, 1984, chose a cash ,payout
over five years' -coriraencing.: in 1985.- , .Baaeat on their . . a
1984 aala>ty .sc'ala, the raiaaaaining
one year payout would' eaoun't-' to AOC* to provision ham been Made• for`
- -tfiie
liability as it will ba4xpenaed each year as it -10,paid out: •
7. Net Long TON Liabilities ".
(a) The balance of ;net long -tare liabilities reported-•oaa "" is.made the ConsolJdateal manus
•
Sheet
a � up ®� :thy lrr►11'orsittgt � ..
-004.
.-998 , 1981.
Total brag . tatdi. 11abilit as incurred by the a inieip'aiity - .64044
inciedf
. M incurred on behatlf of school bQaxrde 0aad
municipal enterprises• .and outstanding at, the mad ef. ette:
•yeast: amount t'e►
TOW OF 1110k0hif1198`,8, ',Ti
TO THE NekBr pF *Smits
llnattriN„rit AND i dim of .
C0Fi Oice01► 1TO8
RATON *S
TOWN ' .
$43,037•
•
1l'The:1
;beet •
:
as lfea ofl 't1i
tl' 87'.e $318,0
recci
' �eaRlit
8erves set
sett ,
`off
ON
t
4` set an#e dor'',
4 0 pis.
for retie'
t"he OMa
4,0A -Po.
aQ�
f
ys
tr
far piir'poe
,Co tier004,
�t�esae�t� a
ewMinistryr orf' •T
rt
rvt
sJsa'Y,',r ' O'
ep isatcd fj
i,
ti+ee a eluler
C " s„'.sY+v�,w'M-sa.�a+rLs'p73sRyp1..
�. : Nd Ser 3; -*Pr , it 'e0 a' iae113:i
•s'
-
-� a�- ��
as hose heal a� tilt ktemeirts` ter r _..
a$
t >M
x
� n i„�ita�.� Hid thi
tr;
C'��'[S�t•Stt°.m.+•. r::.,. "SCS`. a.,
73'
eintiiti_ a are
Oa the f"h"o ` .. M .r. e' accrue of interest
08 th.e a as nit „ . s ptovladoir been nada, tine ��aunicipal fund
caRbet 31. 1088„ would have teekslicreseed by'41,338 (1987.'- $21412i.
-ix>a•c R8��85 d�koxt
►silea'-t ;..sol ,.P ojeacs 0eer Bt
i
Che'><i#0141
I*atlef1M1Vropere$auvsr s►stole :id the a
ou
nt 02.418,050
12.
f.$18 05011• Hinir"l'f, t.A84Tomte►t
4401,4-e:hteDooifd`i d $tei *tit of,�peraisue M aretWetie D.: ii -h.
ids
•
• 41.91
f 3,. Caj►f, fi Opera
spi al°"op�efr+s I00.:eht z finance retDee enh er 3t, 11900 volutes' tread
'.01146 til ids tiw;re,, prose Ctak: erre ,t9*Ofte+t• the Ton& plant to segs beat+iireesutoio•
ti+aanei their Aiiegdituresi
ns t►t Y'edt Flrutnq
:14:1100 f d �liegaiOii
,Oral 4,
tions— - •
ionl contributtong rotates to is. funda*ceee related in the Townes
(Fr tad exces'a e►1 be 0001led to refo future service contributions.
}
1 to THI
4110 %0, TOig r OF
7 Iii��i I T 0 '
r � pEEj��y� Aim{
MOO
ACCOOAD1��1 r .w7t11dratO
81o4,1181
s far~ tom ..
13t6�31. 1988",
of
'Y.
t
sr
4t,
OF .1440011 IRO#11005
.4TATigtogw,' ► Otivitnit10* TH ,. $WDED D8 88 31,E 1988
V,
•
iticheelening
ceipte
Out
t.:
fix
Costae
>
ONTARIO
CEHBT$R'f CEMETERY HOME
PER' :'U'AL DEFERRED RENEWAL
TOTAL CME f100S GRAVE d1'i 1NINGS P00d0AH
$153:,335.^°
$97,1'44 $29s. $57,896
6,230'''
6,230
-:,04400-
7 24430'
$',430
6
4,150
0
ti
•