Zurich Citizens News, 1971-02-25, Page 12PAGE TWELVE
ZURICH CITIZENS NEWS
THURSDAY, FEBRUARY 25, 1971
Graham Associate
At Zurich Crusade
The third annual Faith and
Life Crusade sponsored by the
area churches will be at the
Zurich Memorial Arena Audit-
orium March 7 through 14.
The Friday evening meeting,
however will be at the South
Huron High School Auditorium.
This will be youth night partic-
ularly geared to teenagers but
everyone should feel free to
participate.
Ths year Rev. Ralph Bell,
assiciate evangelist of the Billy
Graham Evangelistic association
will be serving our community
in the ministry of the Word.
He is a Canadian, born in St.
Catherines, Ontario, but pres-
ently living in Los Angeles,
California. He is 36 years old,
married Jean Overstreet in 1957,
and they have two sons.
In 1954-57 he studied at
Moody Bible Institute, Chicago,
in 1959 received his B.A. from
Taylor University, 1963 a B.D.
from Fuller Theological Semin-
ary, Pasadena, California, and
in 1964 he studied in Pastoral
Training, Metropolitan State
Mental Hospital, Los Angeles.
For four years he served as
pastor of West Washington Com-
munity church; in 1964 as Prof-
essor at Los Angeles Bible Train-
ing School; in 1965 was chaplain
for Los Angeles county jail and
since 1965 has been associated
with Graham Evangelistic team.
His interests and hobbies are
baseball, tennis and hunting,
and he gave up a career in
baseball to serve Christ in his
present ministry.
0
South Huron
Orange Lodge
Elects Officers
South Huron County Orange
Lodge met at Woodham on Wed-
nesday last with a good attendance
from the various lodges in the
county, with County Master Wayne
Smith, of Hensall in charge.
During the election of officers
Lloyd Hern, of Exeter, was elect-
ed County Master for 1971. Other
officers elected were: I,P,M.,
Wayne Smith, Hensall; D. M.,
Alex Hamilton, Grand Bend;
Chaplain, Max Switzer, Woodham:
Recording Secretary, Charles
Ruffell, Goderich; Fin. Secretary,
John Henderson, Brucefield; treas-
urer, Ivan McClymont, Varna;
first Lectern, Fred Jamieson, St.
Marys; second Lectern, William
Dickey, Woodham; Marshall,
Ken Smith, Seaforth; Assistant
Marshall, Watson Webster, Varna;
Auditors, Wellwood Gill, Grand
• Bend, Mervyn Falconer, Seaforth,
Past County Master Frank Fal-
coner, of Clinton installed the
officers assisted by Asa Deeves,
of Hensall. The next meeting
will be held in Seaforth in April.
The Twelfth of July celebration
will be held in Listowel this year.
TOWNSHIP of NAY -AUDITOR'S REPORT
To: The Members of Council, and Ratepayers
of the Corporation of the Township of Hay
I have examined the 1970 financial statements of the Corporation of the
Township of Hay and its local boards, which are listed on the attache l
index. My examination included a general review of the accounting
procedures and such tests of accounting records and other supporting
evidence as 1 considered necessary in the circumstances.
In my opinion these financial statements present fairly the financial
position of the Corporation of the Township of Hay and its local boards as
at December 31st, 1970, and the results of their operations for the year
then ended, in accordance with accounting principles generally accepted
for Ontario municipalities applied on a basis consistent with that of the
preceding year.
Goderich, Ontario
February 9, 1971
Licence Number 3859 A. M. Harper
Statement of Revenue and Expenditure
for the year ended December 31, 1970
REVENUE
Taxation
Contributions from other governments
Other
Total revenue
EXPENDITURE
General government
Protection to persons and property
Public works
Sanitation and waste removal
Social and family services
Recreation and community services
Community' planning and development
Financial expenses
Education
County -- share of expenditure
Other
Total expenditure
Excess of revenue over expenditure
for the year
(Excess of expenditure over revenue
or the year)
Surplus (deficit) at the beginning
of the year
Surplus (deficit) at the end
of the year
1970 1969
$ $
312,797 285,307
132,740 118,621
10,198 11,430
455,735 415,358
16,910 16,987
4,198 4,916
163,949 152,503
476 374
5,030 3,862
305 825
277 4,107
15,686 11,884
167,236 142,470
72,732 75,986
3,329 3,439
450,128 417,353
5,607
(1,995)
5,035 7,030
10,642
Statement of Capital Fund Operations
5,035
for the year ended December 31, 1970
1970 1969
$
Clnfinanced capital outlay (Unexpended capital
financing) at the beginning ol'the year
CAPITAL OUTLAY
Capital expenditure
General government
Public work~
Community planning and development
Other • Tile Drainage Program
Transfers to others
Total capital outlay
CAPITAL FINANCING
Long term liabilities incurred
Contributions from the revenue fund for
capital expenditure
Total capital financing
Unfinaneed capital outlay (Unexpended
capital financing) at the end of the year
1,230 1,183
402
24,990
3,750
33,800 49,000
49 47
59,241 52,797
33,800 49,000
25,392 3,750
( 59,192) (52,750)
Consolidated Balance Sheet
as at December 31, 1970
ASSETS
Cash
Accounts receivable
Taxes receivable
Other current asset •
Total current assets
Capital outlay to be recovered in
future years
Total assets
LIABILITIES
1,279 1,230
1970 1969.
$ $
29,773 27,845
40,404 64,269
60;355 34,844
63 63
130,595 127,021
565,703 879,901
696,2981,006,922
Temporary loans 10,900 33,790
Accounts payable and accrued
liabilities 12,164 6,624
Other current liabilities 5,066 4
Total current liabilities 28.130 40,418
566,983 881,132
90,543 80,337
10,642 5,035
Net long term liabilities
Reserves and reserve funds
Unappropriated balances
Total liabilities
696,2981,006,9?2
Notes to Financial Statements
1. Charges for net long term liabilities
Total charges for the year for net long tern liabilities were as
o lows:
Principal payments
Interest 30.535
$75.464
01' the total charges shown above, an amount of $32,132 was paid from
the general revenues of the municipality and is included in expenditure,
classified under the appropriate headings. An amount of $43,332 was
recovered from Hay Municipal Telephone System, for which the related
net long term liability was incurred.
2. Basis of consolidation
The Consolidated Balance Sheet reflects the assets and liabilities of the
revenue fund, the capital fund and all reserve funds of the mnicipality.
Trust fund assets administered by the municipality amounting to $581
and the assets and liabilities of the local boards have not been
consolidated.
3. Net long term liabilities
Total long term liabilities incurred by the municipality and outstanding
at the end of the year amount to 858,427
Of the long term liabilities shown above, the responsibility for payment
of principal and interest charges has been assumed by the Huron
County Board of Education, for a principal amount of 291,444
Net long term liabilities at the end of the year $S66,983
4. Capitaloutlay to be recovered in future years
Some capital outlay does not represent a burden on general municipal
revenues, as it is to be recovered in future years from other sources
Special charges on benefiting landowners 182,983
Municipal enterprises 384.000
5566.983
Analysis of Revenue
for the year ended December 31, 1970
1970
Budget
1970
Actual
$
1969
Actual
Taxation
Realty -
Residential and farm 260,256 237,728
Commercial and industrial 278,832 14,708 13,322
Business
Special charges
Contributions from other governments
Payments in lieu of taxes
Ontario
274,964 251,050
5,701 4,764
30,600 32,132 29,493
309,432 312,797 285,307
600 617 597
600 617 597
Subsidies -- Ontario - General
Per capita 9,645 9,645 9,645
Residential property
tax reduction 49,720 49,757 40,670
Specific.
Roadways 67,960 68,504 64,612
General welfare assistance 3,500 3,928$8 235
862
Warble tly 375
131,200 132,123 118,024
131,800 132,740 118,621
Other revenue:
Licenses and permits
Rents, concessions and
franchises
Penalties and interest
on taxes
Provision for deferred
revenue
Taxes written off recovered
Discount on county rates
Sundry interest
Sundry
Total revenue
2,500 1,714 2,672
1,000 1,038 935
2,500 4,649 2,516
444
200 228 275
1,?23
890
250 456 4,588
6,450 10,198 11,430
447,682 455,735 415,358
Analysis of Expenditure
for the year ended December 31, 1970
1970 1970
Budget Actual
$ $
General government:
Members of council
General administration
Unclassi lied
Protection to persons and property
Fire
Protective inspections
Street lighting
Unclassified
Public works:
Roadways
Drainage
Unclassified
Sanitation and waste removal:
Garbage collection and disposal
Social and family services:
General assistance
Unclassified
Recreation and community services:
Parks and recreation
Community planning and development
Planning and zoning
Urban renewal
Industrial development
Unclassified
Financial expenses:
Interest on temporary
borrowing
Provision for reserves
Unclassified
Education
Elementary -- public
separate
Secondary
County - share of expenditure =
Other
Police Village of Dashwood
Total expenditure
1969
Actual
$
3,000 1,631 2,810
16,000 14,808 13,809
500 471 368
19,500 16.910 16,987
2,500 1,825 2.920
75 75 48
23
2.277 2,298 1,925
4,852 4,198 4,916
132,500 127,092 115,630
4,725 7,380
30,600 32,132 29,493
163,100 163,949 152,503
350 476 374
350 476 374
5,000 4,935 3,767
95 95 95
5,095 5,030 3,862
500 305 825
500 305 825
6 114
10
243
10 261 3,750
10 277 4,107
2,000 677
10,000 10,000 10,500
300 5,686 707
12,300 15,686 11,884
64,776 63,980 50,912
15,074 15,135 11,889
91,304 88,121 79,669
171,154 167,236 142,470
72,450 72,732 75,986
3,329 3,329 3,439
3,329 3,329 3,439
452,640 450,128 417,353