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The Lucknow Sentinel, 1937-05-13, Page 7t • THE LUCKNO,W SENTINEIr c 1 Y, • ONTARIO 6. flounces t: isca esults of. ar, April k0: • s- ou=, March 99, '011C: tate Tier t . o rdinary evenue art Fiscal Year ended , MarCh NET ORDINARY REVENUE ' artment Departmetll d • ' Amount;; � � Dep. • Agriculture ' '$ 807.65 Agriculture �' • . . Attorney General .1,290,603:33 ,G Attorney neral 1,$03,92 Education '. 782,21743 Game andFisher}es • •- 38,485'.95 , Health 7ILgh-tvayr •: Insurance,. Labour ;�. ,' •;10,916,491.08 " ' Lands and :Forests" . ,.w. .... ..a --•- �:�. 26,97444623 Legislation v � Legislatron ' f 'Insurance 840R8 nant-Governor. Labour::7,31.17 I ,' .Y1fi LL .,""" 907 2,974,.54 ` . nicipal lthLands. a. : Legislation •, 6,927:07 • Northern Development' Mined ' '.2,110,581.32. Prime Minister `;Prime Minister20 Provrnial Secretary ' .23 Provincial': Auditor.. ey '..: 680,750 Provincral_ Secretary- • Piiovincial Treaasurerincluding Succession, Duties Collected, $15,991,350.80) 45,344,211.91 ;ProvincialTreasurer ' Public Works:..Publit --Wgifar �. Public'Works e ' 7,283'.34 tat3o rj Account=(•Excessao£ Distnbutwn leer ) .' , asesl C. • •. , �. • 620 " �• 1VIis`�ellanetit>;ireludmg Workmen�CYompf;nsatron�Board' ' , . . (Payment to,Board, $47,45815) it ', • ►etditure, for ti for the . NET ORDINARY EXPENDITURE' 'Garne'and Fisheries ,:..: Health, • ; Highways (a)'Signs,'Pumps, Garages, etc,— ,(b )' dasoline Tax tq..,,(b)'GasolineTax (less refunds): ••.(c). Motor'\tehiclt: ;;; S. .298,074.p. 15,761,87697 AmoU s $ 1446;471,9 2,290,164.0$ 10,00/94631 444,13147' 6;128,023.01 . , 45/47.8/ ''1270,971;,87` ,' 1,1i9Q019;83:. • 270,314.38" • 12,459 73 • • 63,05347". 1,407 475.63 :.. 153,896:2Q :112,57119' 863,237 41, . 962,164.58 5:005488.34'. 565,698 28'• I., x'..54,73819 • ?t` unconditionally but in the expectation and with the intent that ,• g•' ; F, PASSENGER MOTOR CAR LICENSEt~a 1 the amount shall be passed on to the taxpayers of every commun.. _ , r Beans .fee •'will *� !�. •• A -substantial reduct�otr in passenger meter 'ca e e be announced be£brc;t7Ctober 15 nett 'Public Debi Ipteest, Exchange, etc: • $37,360,453.77' 20,543',990.3$ • • $5.7,904,44412 Unemployment Direct Relief and Admmrstration thereof .., .».... ;::.......K.:. 13,270,057 29 `• ;. •^'t. ; $80x48$j43995, RECAPITULATION, "Ordinary; Revenue e d : E e idit . re'•' *Ordinary Net Revenue as above . $80,488,439.95 Ordinary Net: Expenditure;: as above'(before providing for 'Unemployment Direct Relief/44-57,904,444.12 Surplus„`(1 efore .providing:'or. Unemployment -'Direct .Relief) Less•--Unemployment:Direct"Relief and Admim4'tration thereof. • • Surplus fore the Fiscal Year ended March 31, 1937 , i.. $ 9,313,938.54 • R $22,583,995.83 .13,27:0;057.29 . 4 THE DEBT. ?dSITION OF THE'' PROVINCE OI' ONTARIO 'As, at" the close' -Of the fiscal yd• ear' ende:March 31, 1937 GROSS DEBT 'As at March 31, 1936 $689558,513.75.. As at March c31;.1937 656,460,348:37;•. Reduction in Gross Debt for the :Year ,;. +03,098;165:39-, = DEBENTUREFDEB-T (%ESS SINKING FUNDS t 9�t'Mareh''31, 1936 .•r+. , • • h .. .. $ 594,112,944.50 , -at'March'31, 1937 567,?73,130,86 Reduction in Debenture Debt for the' Year • x ,..:. ' 26,139,823.64 ' TREASURY B1f Z S OUTSTANDING. As'at'March 31, 2934 ' As at March 31, 193 Reduction in Trea*uryt Bills foir the Year : —412400000:00 ceitTIFlt3D TRL10.. AND ,CORREd1 • $71,174,501.41• ', int 38,000,00000 • • Prownci C'Avd y' ' ' �• 1 • • • _dam. ;ra '4, e, • in .- -' ' ... g' on of" the:' Nineteenth.Le islature: of`. the'' Province of Ontario; a a 5ess1g ais of a, promise . PublY Ling the 'Tlinfom � ;boar -of. 'the ---Citizens •'of: Ontar-is,-the .a eve llario al r,- egort Publishing, for ther>Z efi PP P g people I • taka this . o ortunit o ,,. 'ear-- ' eertaixt ez>< • h this •annourr<cement ' as to, '.the laps ''of � :the Government :for ' p madeavailable!by: reason ' of . the gur Ius of $9,313,938 54, . realized -last y assin 1Dri. o ' e eo e MU14ICIPAL' DRAINAGE AID''' AND TILE DRAINAGE DEBENTURES A redQctio .in'interest-on Municipal Drainage', D'eb`entures and' Tile Drainage Debentures effective April, 1, 1;931, from!.5 per cents nr to 4'iper centtlrit, • PROVINCIAL' SUBSIDY•2 s The Provincial Governmeht.wilipay, by way •of a grant, to every city, town, yillage slid township of the,Province a sum represent'. ing the equivalent of one mill on the dollar of their respective ' assessments, for general municipal purposes. , This grant is made • LICENSE FEES ON COM* RCIAL ,VEHICLES' Effective on November 1, 193",1 when the 1938 permits will be available, .there willbea reducLfon;'of 25 'per cent. in the ;fees to be chaf•ged•foi'-the,registration of all farm trucks and all other 'commercial motor' vehicles and commercial trailers: The approximate annual savitig'will be (1,000,00000 to the op- erators of commercialyam les. A. 6 'ity by a reduction 'elf one mill in the general. municipal tax rate This subsidy willamount, in the aggregate, to the' sunt of approx- . •;mately"'$3,000,000.00, ROAD SUBSIDIES TO' TOWNSHIPS. s P The 313 Townships which have in the past' received."sub9ttiies' of less than • 50 per cent, will enjoy an increase to 50 per ceht.: ', The annual benefit to the 413 Townships will: be approeimately- $300,600.00. OLD AGE PENSIONS AND M, OTHERS' ALLOWANCES take the burden' off real' estate, the Provincial Govern To further meat will assume the. rnunrcipalrties'; share of Old AgeiPens on i and Mothers' Allowances. ' This will'giiabla the municipal councils to reduce their taxation by approximately $3,500,;100.00: per, annum:', PENSIONS FOR ,THE BLIND . The. Province will assume the municipalities' share of the cost, ';- ' of this social legislation. ; It is estimated that the m'unicipalitiea will therefore: save approximately $100,000:Ao; per annum. AMUSEMENTS TAX ' . '• Effective June 1, 7, the Anwsements Tax will be totally is • theaniusernents tax is collecte • • abolished. • As o�0 per cent,.. of . _ . ..d. from admissions of 25 cCnts or underr.'the' benefit, largely to dt;. .,, • rens of lesser.; means', Will amount • to IT500,000.00 for the _yeas 1937. p • yme M'inhter4 a d pr6f'lrtttet DrCasuiu •w ! Y.: v •04