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HomeMy WebLinkAboutThe Wingham Advance-Times, 1984-02-22, Page 8• Pageli-The Wingham Advance -Times. Feb. 22, 1984 Representatives from the Townshipf East Wawanosh will be meting with Harold Gilbert, provincial deputy minister of Transportation and Communications, later this month to find Out` why the township's 1984 road subsidy has been cut by over two per cent. The township's 1984 road. allocation from the ministry is $144,400, down from $148,600 in 1983. Road Superintendent Ralph Campbell said that he wand Reeve Neil Vincent plus one other member of council will meet with Mr. Gilbert Feb. 20 at this year's Good Roads Convention at Toronto. Mr. Campbell said he intends to ask the ministry representative for at least the same amount of subsidy as the township received last year. The township received notification of its 1984 road subsidy the first week of February and council was informed at its Feb. 7 meeting. The decision to approach the deputy minister was made after last week's meeting because Mr. Campbell was not in at- tendance. Sacred Heart Mailbox Kindergarten had a Valen- tine's Party and made cherry cupcakes to eat. They have been busy working on rhymes andlearning the sounds of "ch", "k" and Grades 1 and 2 had their Valentine's Party on Tues- day. Grade 1 brought the treats for the class to eat. Grade 1 has also started a new reader called "Magic Letters" this week. Grades 3 and 4 also enjoy- ed their valentine cards and treats. They wrote valen- tines stories and presented them to their parents in place of cards. Grades -5 and -6 -ha e been • nosh road subsidy shaved Mr. Campbell and a number of other road superintendents had a meeting with Ross Jackson of the Stratford office of the MTC Jan. 25. At that meeting, Mr. Jackson said the municipalities could expect increases of two to three per cent in 1984, said Mr. Campbell. So when the news of the cutback arrived, it came as a surprise to everyone. If council does not get any additional allocation for roads, the extra money writing tests and handing in notebooks. They had been making valentine cards and winter scenes. They are sad to see the snow melting away but are still having fun out- side. Grades 7 and 8 have been busy writing exams and pre- paring for speeches. The winners of the speeches were Julie Koopman, Kris Chand- ler, Jeff Sanders, Tammy Kieffer .and Bill Kinahan. Laura Hallahan has won for the girls' basketball throw and will move on to Kings- bridge for more competition. Grade 8 has•been working on equations in math, using the computer. The school public speaking contests were held on.Thurs- day. Congratulations to the winners: Gr. 4, 5, 6 division - Lori Belanger, Healy Hallahan and Tracey McInnes. Gr. 7, 8 division - Bill Kinahan, Julie Koopman and Jeffrey Sanders. Two winners from each division will speak in the zone contest in Goderich on February 24 and one winner will speak at the Legion contest on Febru- . ary 25. One period a week Grades 1 to 8 are participating in an elective program. •Electives for Gr. 1 to 4 are folk music, drama, aerobics andChinese checkers; for Gr. 5 to 8, knit- ting, computer, chess, re- corders, calligraphy. Youth attend teen weekend BELGRAVE - More than 60 young ,people from the Huron -Perth Presbytery attended a teen weekend at the •Northside United Church, Seaforth, last Weekend. Six members of the Belgrave youth group were among those who at- tended. • As part of their weekend, they heard from young people and their director, Jim Pepper, from Chatham, who showed slides and gave interesting accounts of their canoe camps, bike camps and music camps. This event was sponsored by the liaison committee of Camp Bimini and Camp Menesetung. Ruth and Donna Higgins, Alison Coultes, Kate Procter, Cathy Dow and Corey McKee at- tended from Belgrave. The young people also took part in the Sunday worship services at both the Win. throp and Seaforth United churches. t needed will have to come out of the public purse, which could raise the township's mill rate, said Mr. Campbell. 1t is also likely that some township road projects would have to be scaled down or set aside altogether if the additional funds are not forthcoming. BUILDING PERMIT Council authorized its building inspector, Arnold Bruce, to issue a stop -work order on a renovation project being undertaken by the Maitland Valley Con- servation Authority at the township park. Mr. Bruce presented a permit application from the authority at last Tuesday's meeting of council, but since the building in question, an old barn, is being renovated to be used as a public meeting place, council said it must be inspected by the Department of Labor and the county health unit. Council also discussed ways to commemorate the province's bincentennial this summer. East Wawanosh's historical committee is presently preparing two pages for the county atlas which is to be published this year, but the township still has a grant of $570 from. the provincial government to be spent on a bicentennial project within East Wawanosh. After some discussion, members decided to look into having pins made up with a township logo printed upon them. Late last fall council offered prize money to students from the town- ship at several local schools to see if they could come up with a logo, but there had no response as of last Tuesday's meeting. A public meeting will be held March 6 with regard to a zoning change for Ron Kingsbury, Lot 42, Con. 13. Mr. Kingsbury hopes to change the zoning on 2.6 hectares to agricultural - commercial from .agri- cultural so that he may . set up a welding shop. Council distributed notices of the zoning change to over two residents within 400 feet of the .property in question: four in East Wawanosh and four in Morris Township: Any objections to the zoning change will' be heard at that March 6 meeting. Council concurred with a letter from the Foundation for Aggregate Studies presented at the meeting. Mr. Vincent said that he is afraid of some of the things that might happen if the provincial government takes over all control of extractive resources in the province. TOWNSHIP OF TURNBERRY Financial Statement CONSOLIDATED BALANCE SHEET as at December 31st, 1983 (with comparative figures for 1982) 1983 1982 $ ASSETS Unrestricted Cash Investments (Note 4) Taxes Receivable Accounts Receivable Other Current Assets Long Term Receivables Restricted Cash Accounts Receivable Other Current Assets Long Term Receivables Investments Capital Outlay Financed by Long Term Liabilities and to be Recovered in Future Years (Note 1 (iii)) LIABILITIES Temporary Loans Accounts Payable and Accrued Liabilities Other Current Liabilities Deferred Revenue Net Long Term Liabilities (Note 6) FUND BALANCES AT THE END.OF THE YEAR To be used to Offset (or to'be Recovered from) Taxation or User. Charges (Note 7) Unapplied Capital Receipt's (or 'Capital •Operations not ye.t Permanently Financed) (Note 7) Reserves (Note. 8) Reserve Funds (Note 8) 32,827 , 1,583 108,824 27,309; 0 0 170,543 23,240 0 0 126;494 • 149, 734 NOTES TO THE FINANCIAL STATEMENT for the year ended December 31, 1983 1. Accounting Policies (a) Basis of Consolidation (i) Consolidated Balance Sheet This statement reflects the assets and liabilities of the revenue fund, reserve $ funds, the capital.fund and includes the activities of all committees of Council and the following local boards, municipal enterprises and utilities which are under the control of council: Bluevale Community Hall Board Bluevale Community Recreation Committee Township pf Turnberry - 125th Committee Bluevale Cemetery Board (ii) Consolidated Statement of Operations This statement reflects the consolidated sources of financing and expenditures of the revenue fund, reserves, reserve funds, and the capital fund of the municipality and those local boards, municipal enterprises and utilities described in note 1 (a) (i). 84,018 64,213 5,479 153,710 12,720 126,574 139,294 0 ___ 320,277 293,004 146,101 • 31,454 747 7,865 186,167 0 (15,860) (137,1j364) 137,634 149,700 , 320,277 74,085 14,481 (126) 7,426 95,866 19,829I (107,215) 145,230 139,294 293,004 (iii) Non-cons..lidated Entities For those local boards, municipal enterprises, and utilities of the municipality which are not consolidated. the "Consolidated Balance Sheet" does not reflect their assets or liabilities except to the extent of amounts due to or from those en- tities. The "Consolidated Statement of Operations" does not reflect their revenues and expenditures except to the extent of the municipality's contribution to those en- tities. Those•entities which are not consolidated are as follows. Wingham Fire Area (iv) The taxation. other revenues. expenditures', assets and liabilities with respect to the operations of the school boards, and the County of Huron are not reflected in these financial statements except to the extent that overlevies (underlevies) are reported on the "Consolidated Balance Sheet" as "other liabilities". • (b) Basis of Accounting (i) Sources of financing and expenditures 'are reported on the accrual basis of ac- counting with the exception of principal 'and interest charges on long term liabilities which are charged against operations in the periods in which they are paid. The principal and interest charges are not accrued•for the period from the date of the latest instalment payment to the end Of the financial year. (ii) The accrual basis of accounting recognizes .revenues as they become available and measurable; .expen-ditures are recognized as they_are incurred and measurable as a result of receipt of goods or services and the creation of a legal obligation to pay er cent Mr. Vincent and council agreed with two points presented in the letter: that the primacy of the municipalities must be reasserted as far as gravel extraction is concerned and the government must first prove the superiority of the aggregate on any property in question. Council selected OME Insurance Brokers as the firm which will handle the township's 1984 insurance needs. OME Insurance was formed under the Rural Ontario Municipal Asso- ciation (ROMA) and at $3,859, its premium was lower .then the other quote made to council by Miller Slade Insurance of Kin- cardine. Council made two donations at the meeting: $200 to the Belgrave, Blyth and Brussels School Fair Board and $25 to the Ontario March of Dimes. The next meeting of East Wawanosh council is scheduled for March 6 at the township shed. (b) 01 the net long term liabilities reported in (a) of this note, $173;572 in prin- cipal payments are payable from 1.984 to 1988, $135,312 from 1989 to 1993, and $ nil thereafter and are summarized as follows: 1984 1989 1994 to to and 1988 1993 thereafter From benefitting landowners •173,572 133,312 $ $ nil (c) Approval of the Ontario Municipal Board has. been obtained for the long term liabilities reported on the "Consolidated Balance Sheet". 7. Municipal Equity (or Deficit) at the end of the year (a) The balance on the "Consolidated Statement of Operations" of municipal equi- ty (or defidif) of $(153.224) (1982 $)87,386)) at the end of the year is comprised of the following: 1983 For general reduction (increase) of taxation Acquisition of fixed assets to be recovered through taxation or user charges $ (15, 860) (13T,364) (153,224) 1982 19,829 (107,21') (87,386) (b) Approval of the Ontario Municipal Board has been obtained fpr the pending issues of long term liabilities and for those commitments to be financed from revenues beyond the term of Council. 8. Reserves and Reserve Funds The total balance of reserves and reserve funds of $287,334 (1982 $284,524) Is made up of the following. Set aside for the specific purpose by Council Working Capital Sick Leave Waste Disposal Site . Fire Hall 1983 100,000 17,634 20,000 21,124 158,758 1982 ' 115,000 14,780 5,000 10,450 145,230 Set aside for specific purposes by legislation. regulation or agreement Ontario Home Renewal Program 128,576 _•139,294 Total 287,334 - 284,524 CONSOLIDATED STATEMENT OF OPERATIONS For the Year Ended December 31st, 1983 (with comparative figures for 1982) Budget Actual Actual 1983 1983 ' 1982 $ $5 SOURCES OF FINANCING: Taxation. and User Charges Residential and Farm Taxation Commercial., Industrial and Business Taxation Taxation from Other Governments User'Charges Grants Government of Canada • Province of Ontario' Other Municipalities Other Contributions from Developers • Investment Income Sale of Land and Fixed Assets • Other • Proceeds from the Issue ot Long Term Liabilities MUNICIPAL FUND BALANCES AT THE .BEGINNING OF THE YEAR To be used to Offset (or to be Recovered From) • Taxation or User Charges Unapplied Capital Receipts (or Capital Operations not. yet Financed) Total Financing Available during the Year APPLIED TO: Current Operations General Government Protection to Persons and Property Transportation Services Environmental Services Health Services Social and Family Services Recreational and Cultural Services Planning and Development Other Capital General Government Protection to Persons and Property . Transportation Services . Environmental Services Health Services Social and Family Services -.� Recreational and Cultural MServices anning and Development Other 152,372 145.396 19,327' 1,668 114,229 20,259 1,715 120,685 154 278,778 • • 278,568 433 433 7,679 17',537 0 7,417 97 '' 23,161 0 19,829 19,82.9 (107,215) 504,637 (107,215) 510,499 62.527 63,678 18,987 , 20,599 184,83.0 262,573 5,300 3.076 ' 0 0" 10,467 12,600 294,711 11,950 22,548 0 384.424 2,181 2.181 139,830 8,325 126,153 276.489 0. 139,830 0 . 0 0 8,325 126.153 0 276,489 Transfers of Proceeds from 0 Long Term Liabilities • Net Increase (Decrease) in Reserves and Reserve Funds 63,965 2,810.. MUNICIPAL FUND BALANCES AT THE END OF THE YEAR To be used to Offset (or to be Recovered From) 15,860) Taxation or User Charges • 6.836 Unapplied Capital Receipts (or Capital Operations not 137,364 yet Financed) (137,364) (137.364) ....__.... Total Appiications•Durmg the Year 504,637 510.499 (iii) Capital Outlay to be•Recovere m u ure ears The historical cost and accumulated depreciation of fixed assets are not re ported for municipal purposes Instead the "Capital outlay to be recovered in future years", which represents the outstanding principal portion of unmatured long • term liabilities for municipal expenditures 6r capital funds transferred to other grganizations, is reported on the "Consolidated Balance Sheet". 2.. Operations of School Boards and the County of Huron Further to note ' I (a) (iv). the taxation. other revenues, expenditures and 139.196 overlevies of the school boards and the County of Huron are comprised of the following. 20,538 1,645 107,985• 2,300 489,464 24,999 Taxation and user charges 285,517 76,414 • Requisitions _--- 737 136 School Boards County 286,254 7$,550 Overlevies for the year. . Overlevies (underlevies) at the beginning (6) (120) of the year _-.__.__ .- ---� Overlevies at the end of the year 731 16 9,819 These revenues and expenditures are not reflected in the "Consolidated State- ment ot Operations" The overlevies at the end ot the yeaare reported as other liabilities on the "Con - 107,757 solidated Balance Sheet" 45,225 (85.4 763) 863,165 60,479 30,416, 255,915 3,082 5,225 13,657 8,421 377,195 401,447 ' 24.305 165.910 591,662 (18.306) 19.829 (1.07.215) 863165 The Accompanying Notes*"iro an Integral Part of this Financial Statement 3. Contributions to Unconsolidated Joint Boards Further to note 1 (a) (iii). the assets and liabilities of unconsolidated joint boards have not been consolidated and are not reported on the "Consolidated Balance • Sheet". except to the extent of the long term liabilities to be recovered from general taxation. " The operations of these joint hoards have also not been consolidated. The "Con- solidated Statement of Operations includes only the following contributions made by the municipality to those boards • 1983 1982 Wingham Fire Area _ 11,026- 22,363 The municipality is contingently liable for its share, which is approximately 23%, of the accumulated deficits to the end of the year for these boards, the municipalities liability is as follows Ativaurnitata Wingham Fire Area 1983, 1982 $ $ 6,302 5,826 4. Investments The total of ie.vestments of $1.583 (1982 $ nil) recorded on the "Consolidated Balance Sheet" at cost. have a market value of 51,583 (1982 $ nil) as at the end of the year 5. Liability for Vested Sick Leave Benefits Under the sick leave benefit plan. unused sick leave can accumulate and employees may become entitled to a cash payment when they leave the Municipali- ty's employment The liability for these accumulated days. to the extent that they have vested and could be taken in cash by an employee on terminating. amounted to 5'20,174- (19,82 20,174(19,82 516,218) at the end bt the year An amount of 517,634 (1982 $14,780) has been provided for this past service liability and is reported on the "Consolidated Balance Sheet" An amount of 52.854 (1982 52.200) has been provided for in the current year and is reported on the "Consolidated Statement of Operations". 6. Net Long Term Liabilities (a) The balance of net liabilities reported on the "Consolidated Balance Sheet" is made up of the following Total long term liabilities incurred by the Municipality including those incurred on behail of school beards. other municipalities and municipal enterprises and outstanding at the end of.the year amount to Of the long term liabilities'sherwn above. the responsibility for payment of principal and in- terest charges for tile drainage and shoreline property assistance loans has been assumed by individuals At the end of the year. the outstanding principal amount of this liability is (306.884) Net long term liabilities at the end of the year nil 1983 $ 306,884 1982 9. Charges for Net Long Term Liabilities The charges for long term liabilities assumed by the non -consolidated entities or by individuals in the case •of tile drainage and shoreline' property assistance loans are not reflected in these statements. Tile drainage and shoreline assistance prelevies. at the of th.e year Collections for the year Amount due for the year Tile drainage and shoreline assistance prelevies, at the property beginning 1983 1982 $ ' $ 7,426 6,428 45,062 ` 32,584' (44,624) (31 ,584) property end of the year 7,864-- 7,426'. 10. Contingent Liabilities The municipality is contingently liable for long term liabilities with respect to tile • drainage and shoreline property assistance loans, and to those for which the' responsibility for the payment of principal and interest has'been assumed by'other municipalities, school boarids and unconsolidated local boards, municipal enter- prises and utilities. The total amount outstanding as at December'31,983. is 531 7.884 (1982 $283,353) and is not recordepl'on the "ConsolidatedBalance Sheet". ` 11. Changes in Accounting Policies, Effective January 1, 1983. Ontario municipalities and their local boards must follow the accounting principles outlined in the Municipal Financial Reporting Hand- book. The new Handbook substantially revised many of, the accounting and repor- ting requirements applicable to Ontario municipalities for the fiscal year 1983. The 1982 figures presented for comparative purposes liave been restated, were deter- minable. to conform with the new presentation in 1983. The following summary outlines the more significant changes made. • (i) Previously assets were not segregated between restricted and unrestricted. For 1983 the assets of reserve funds are now reported as restricted assets. (ii) "Capital outlay financed by long term liabilities and to be recovered in future years" on the "Consolidated Balance Sheet" includes the amounts •previously described' as "Capital outlay to be recovered in future years" with certain excep- tions, These include work in progress, and amounts related to the long-term liabilities for unconsolidated entities, and for tile drainage and shoreline property assistance loans. -• Similarily the related long-term liabilities with respect to unconsolidated entities, and to the drainage and shoreline property assistance loans are also excluded from the "Consolidated Balance Sheet". (iii) The underlevies (or overlevies) for school boards and the county (or region), which had previously been,recorded as fund balances at the end of the year on the 'Consolidated Balance Sheet'', are now reported as liabilities. As a result of the above changes. the effect on the "Consolidated Statement of Operations" has peen a decrease of $29,715 in the net change in municipal fund balances for 1983 The retroactive effect on the fund balances on the "Con- solidated Balance Sheet" as at December 31, 1982 have been reflected in the 1982 comparative figures in this report and is summarized below. To be used to offset (or to be recovered from). taxation of user charges Unapplied capital receipts $ Capital operations nbt yet permanently financed • Reserves Reserve funds 261,353 (261 ,353) nil Originally Reported $ 27129 ' nil nil 145.230 139.294 311,-653 This restatement arises from the following changes in principles $ (7,426) Consolidation Capital operations not vet permanently financed Underlevies (or overlevies) for school boards and county Net eftr'ct (107.215) 126 114.515 Restated $ 19.829 nil (107.215) 145,230 139,294 197,138