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Home My WebLink AboutZurich Citizens News, 1976-05-26, Page 7Ell 1.1®■ll Ng so is is ®1!(i1 NI1111lr1®I1 Ili] it l ]illi ®111N1a ! IS Irl] IIP EMI is is musoIRs us NI INN HO MN fa 1 1 111 Citizens so lilt as , 1976 -Page 7 VILLAGE OF ZURICH - AUDITOR'S REPORT, 1 is 975 • WATERWORKS ANALYSIS OF EXPENDITURE for the year ended December 31, 1975 Water Supply Own source Power and Pumping Water Transmission and Distribution Mains Services (sewage maintenance) Administration General administration Billing and data processing Office rent Total operating expenditure Principal payments on long terns debt Interest charges on long term debt Capital expenditure out of current revenue Total expenditure WATERWORKS BALANCE SHEET as at December 31, 1975 Current Assets Cash Accounts receivable . -sale of water. -sewage -other Inventories Capital outlay to be recovered in future years From general municipal revenue Current Liabilities Accounts payable and accrued liabilities Payable to own municipality Zurich Hydro System Customers' deposit Long term debt financed by the municipality Accumulated net revenue (deficit) MUNICIPAL ELECTRICAL UTILITY BALANCE SHEET December 31, 1975 Current assets Cash Accounts Receivable Less Allowance for doubtful accounts Due from Other Funds - Village of Zurich - Waterworks Village of Zurich Inventories Other Current Assets - Prepaid expenses Total Current Assets Capital Transmission and Distribution System 124,572 Other 31,359 Less Accumulated Depreciation Due from Other Funds -Village of Zurich capital fund re: sale of street lights Other Capital Assets - Equity in Hydro Electric Power Commission Total Assets Current Liabilities Accounts Payable Customers' Deposits Total Current Liabilities Other Capital Liabilities (specify) Reserve for equity in Hydro Electric Power Commission Surplus Capital Earned Total Liabilities and Surplus 1975 Total 448 448 6,857 1,363 2.425 3,788 3,023 1,331 575 4,929 16,022 3,000 14 130 17,130 944 34,096 1974 220 1,271 483 537 2,734 2,738 1,476 5,167 5,548 11,342 8,832 154,000 157,000 ' 165,342 165,832 92 885 3,069 1,187 1,355 1,562 14 14 4,530 3,648 154,000 157,000 6,812 5,184 165,342 165,832 2,099 1,355 980 397 11,547 2,099 2,335 2,985 397 19,363 155,931 37,705 118,226 1,797 1,797 103,735 103,735 103,735 11,917 117,012 MUNICIPAL ELECTRICAL UTILITY STATEMENT OF REVENUE AND EXPENDITURE For the year Ended December 31, 1975 • REVENUE Sale of Electrical Energy: Residential Sales General Sales to Public Authorities (other than own municipality) - Lighting, etc. Other Sales (specify) - Sentinel Lighting Water heater rental Miscellaneous Revenue: Interest earned Service charges and other Sundry sales and services Total Revenue Total Revenue Section 2,007 386 682 786 1,609 360 111 NE Ell DE 11111 ME MI ME ME El ME EN 243,121 10,306 151 10,457 103,735 EXPENDITURE Administration and General Customer's Billing and Collecting Electrical Energy Purchased Transmission and Transformation: Maintenance Operation Street Lighting: Maintenance Operation Depreciation Total Expenditure Surplus for Year carried forward to Surplus (Deficit) Account Total Expenditure Section Zurich Municpal Recreation' Committee Analysis of Revenue and Expenditures for the year ended December 31, 1975 Revenue Auditorium rental Ball Light rental Grants - Township of Hay Grants - Province of Ontario Ice rental Tuck shop sales Roller skating Figure skating Public skating Registration fees Lions donation re: tables Vending machine Sign rentals Roller skate repairs Summer market Expenditure Administrative Debenture debt charges Fuel Telephone Hydro - ice plant - park and hall Insurance Parks maintenance Repairs and maintenance -building Programs Wages - management Instructor fees Water and sewage charges Admission expense Records Office supplies Roller skate repairs Kitchen equipment Tools Tables Miscellaneous Write-off of prior years' grants receivable Accounts receivable Accounts payable 128,929 Surplus 243,121 57,311 35,013 2,007 1,068 2,755 98,154 98,154 ZURICH AND AREA FIRE BOARD BALANCE SHEET DECEMBER 31, 1975 ASSETS LIABILITIES AND SURPLUS ZURICH AND AREA FIRE BOARD STATEMENT OF INCOME AND EXPENDITURE For the year ended December 31, 1975 Income Village of Zurich Township of Hay Township of Stanley Area fires Expenditure Standby fees Wages Meetings Fires Utilities Repairs and maintenance Supplies Insurance and fees Office and administrative Excess of income over expenditure I®i El I® 1111iIlAi Ell 5,588 1 1 1 1 10,883 1 4,541 70,411 134 5,722 11 1 125 4,429 96,111 1 2,043125 1 98,154 1 1 1 1 1 1 1 5,905 359 1 900 I 3,236 9,361 Ell 4,594 363 3,609 795 1 552 1 1,700 291 1 420 1 138 200 1 32,423 1 1 1,204 1 5,019 1,462 231 4,022 1,406 4,013 1 329 1 7,033 1 2,023 12,116 1,480 547 152 1 55 1 54 205 1 302 1 26 1 1,657 _ 94 1 -_1537 , 44,967 ($12,543) 1 1 1 1 1 1 1 1 1 2,902 1 1 1 2,746 156 2,902 1. 1 1 1 1,730 1 2,678 1,172 583 1 6,163 1 560 N 325 889 P. • 682 1,450 383 11 208 848 662 -67;07-11 156 1 X911 12114111° :. 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