The Huron Expositor, 1971-04-29, Page 14STATEMENT OF REVENUE AND EXPENDITURE
for the year ended December 31, 1970
Respectfully submitted,
MONTEITH, MONTEITH & CO.
Chartered Accountants
License No. 3925.
Date of Filing April 2nd, 1971.
Auditors' Report
_financial position of the Corporation of the Village of Hensall
and its loarboa-rds-aaaa-Decamber_aist 1970, and the results
of their operations for the year then ended,-iii-aTecorctance-----
with accounting /principles generally accepted for Ontario
municipalities applied on a basis consistent with that of the
preceding year.
Village of Hensall
March-17th, 1971. . . _
To: The Members of Council,.
Inhabitants and Ratepayers,
Of the Village of Hensall.
We have examined the 1970 financial statements of the
Corporation of the Village of Hensall and its local boards,
which are listed on the attached Index, Our examination
included a general review of the accounting procedures_ and
such test of accounting records and other supporting evidence
as we considered necessary in the circumstances.
In our opinion these financial statements present fairly the
4-H Club
Meets
Seaforth I held their sixth
Meeting at the home of Dianne
Nigh. The roll call "One occas-
ion when shorts and/or slacks
may be worn", was answered by
eleven girls. Judy Ziler read the
minutes and the leaders dis-
cussed sewing with knitted fab-
rics. June Eggert and Mary Van
Dyke were chosen lo present our
exhibit, "Colours for You", on
Achievement Day.
The seventh meeting was held
at the home of Mrs. Norman
Eggert. Members answered the
roll call, ,,One thing I have
learned from this project". Mar-
jorie Jansen read the minutes and
the leaders talked about hems.
ionN ;Ars
and Vie*s
`After the laying of the wreaths 0
and the service at-the Cenotaph,
Comrade Alla') Nicholson, Dis-
trict Commander, took the salute
at the March Past.
The Ladies' Auxiliary served
a deliciotis dinner in the Legion
auditoriuM to approximately four
hundred and twenty guests. Guest
speaker was Comrade Reg.Clea-
tpr, Field Organizer, Ontario.
Command. Comrade Allan Nich-
olson introduced the head table.
After dinner nominations were
opened again and Allan Nichol-
son was nominated for District
Commander for another period *
but declined the nomlnation,
Comrade ned
to stand
Te d Elliott
f0rheposition
t also d e - e
TofDreeputy District Commander.
There were 151 voting
delegates for the election of
officers. Comrade Roily Rus-
sell was elected -by acclamat-
ion as District Commander.
Comrade Faed Tilker won on
the first ballot for the 'office
be held in -Guelph on October 0
of Deputy District Commander.
District "C" Convention would
It was voted that the, next
Our District Commander,
Allan Nicholson gage an interest-
ing report and a run-down on the
officers of the Distrid Executive.
The businesi portion of the Con-
'Vention ended with the singing of •
...The Queen. • Delegates representing
Branch 156 Seaforth were Com-
rades Cleave Coombs, Bill Dal-
rymple, Petef' malcoina , Tom
Wilbee and John Baker.
Mrs. Allan Nicholson, wife
of the retiring District Cowman-
der was presented with a bouquet
of roses. *
PAST EVENTS
Bingo last Friday night drew
89 players.
COMING EVENTS
April 30th - Bingo
April 30th - May 3rd 4.4)rovina
cial Convention at Waterloo,
with registratibn Apr. 30th.
•
365
• 51,448
26,961
788
• 47,198
274 283
Total expenditure • 171,519 125;245
(Statement 7, Note 1)
Excess ofrevenue over ex-
penditure for the year (15,845) 2,54
(Excess of expenditure over
revenue for the year)-
Surplus (deficit) at the
beginning of the year
Surplus (deficit) aCthe end of
the year
.53,256 4 50,568
37,411 53,256 •
1070 1969
REVENUE $ $
Takation 11,7,588 93,047
Contributions from other
governments 35,,804 31,153
Other ......... . . . . . , 2,282 3,733
Total Revenue
EXPENDITURE
General government 16,791
Protection to persons and property 38,020
Public Works 18,804
Sanitation and waste removal 668,
Conservation of health
Social and family services 7,566
Recreation and community services 10,696
Community planning and development 200
17,847
11,261
8,368
1,199
6,436
4,865
155,674 127,933
11969
Nil.
6,365
• 3,445
9,810 Nil.
8,125
3,04,5
11,170
2,312
3,226
5,538
16,029
53,256
74,823
$73,186
47,000
STATEMENT OF CAPITAL FUND OPERATInt1S
for the year ended December 31: 1970
1970
Unfinanced capital outlay (Un-
expended capital financing
at the beginning of the year) Nil.
CAPITAL OUTLAY
CAPITAL EXPENDITURE
Protection to persons and
property 33,119 •
Public Works' 4,118
Transfers to others 11,500
Total capital outlay 48,737 ,
CAPITAL FINANCING
Long term liabilities incurred,
Contributions from other
governments
Contributions from the revenue
fund for capital expenditure
Other
Total capital, financing (48,737) •'
Unfinanced capital outlay (Un-
expended capital financing)
at the end of the year
11,500
7,000
30,237 3,445
6,365
( 9,810) '
Nil.
CONSOLIDATED BALANCE SHEET
as at December 31, 1970
ASSETS , .
, Cash
Accounts receivable
Taxes receivable
Total current assets
1970
41,394
5,008
2,179
48,581
1969
$
,55,076.
1,983
1,735
58,794
16,029
LIABILITIES
Accounts payable and accrued
liabilities
Other current liabilities
Total current liabilitie s
Net long term liabilities 26,186
(Statement '7, Note 3)
Unappropriated balances 37.411
Total liabilities 741,767
(Statement 7,,Note 2)
Capital outlay to be recovered in
future years (Statement 7,Note 4) 26,186
Total assets
(Statement 7, Note 2)
'74,767 74,823
NOTES TO FINANCIAL 'STATEMENTS
for the year ended December 31,1970
L'Charges for Net Long Term Liabilities
Total charges for the year for net long
term liabilities were as follows:
Principal Payments $ 2,344
Interest 868
$ 3,212
Of the total charges shewn above, an amount
of $3,212. was paid from the general revenue
of the municipality, •and is included in expen-
diture-, classified under the appropriate func-
tional headings. (Statement 1)
2.i Basis of Consolidation
The Consolidated'Balance Sheet reflects the
assets and liabilities of the revenue fund .
capital fund, but doer/ not 'reflect the assets '
and liabilities of any local boards of the
municipality. (Statement 3)
3. Net Long Term Liabilities
Total long term liabilities incurred by the
municipality and outstanding at the end of
the year amount to
Of the outstanding long term liabilities
shown above, the responsibility for pay-
ment of principal and interest charges
has been assumed by others f6r
principal amount of .
„Net Long Term Liabilities at the $26;186,
• end of the year (Statement 3)
4. Capital Outlay to be Recovered in Future Years
Soine capital outlay does not represent
a burden on general municipal revenues,
as it is tq be recovered in future years
from other sources:
Municipal Enterprises
(Statement 3)
$11,500
CONTRACTS.
AVMLAKE
WHITE 'BEAS.7 CORN'.1.1
SEED OATS "1( 'SkEVBARLEY
WE HAVE A GOOD SUPP1,-YelDF:
REGISTERED, CERTIFIED &,
FOUNDATION SEED
,11.1111M.
TRY OUR NEW
1 MICHIGAN
275-2X SEED CORN
THOMPSON - "THE. HOME OF GOOD SEEDS"
HERBECIDESFoR WHITE BEANS
EPTAM PATORAN TREFLAN
WE CARRY A FULL LINE OF:
C. I. L. FERTILIZERS
`SEE US BEFORE, YOU BUY"*
G. THOMPSON
AND SONS LIMITED
Phone 262-2527 Hansen
Murray Gaunt MPP
•‘. •
14+414E HURON EXPOSITOR, SEAFORTH, ONT., APRII, 29, 1971
BANGHART, KELLY, DOIG & CO.
Chartered Accountants
476 Main St. S., EXETER 235-0120
B. W. REID, C.A.
All Kinds of
EVERGREENS
AND SHADE TREES
for
Spring Planting
LANDSCAPING - PLANTING
TrimMing and Spraying Services Available
- We Guarantee Every Tree We Sell -
SEAFORTH NURSERY
Gordon Noble - Phone 527-0840 The mats are undoubtedly ef-
fective for liquid manure disposal
system, as they can be washed
down without excessive labor.
However, Dr. Stpne says some
tend to lack resiliency and can
cause hock 'damage, if the cows
lie -down with- their hocks ex-
tending over the sharp edge of the
matting.
At the Elora Dairy Research
Station this problem has been
combatted by attaching a low curb
at the back of the stall, that
retains more bedding (and thus
padding) for this area.
The mats add insulation pro-
perties to bedding, keep the dust
down, and can probably add sub-
___stantially to overall herd health.
Further iniiiiirritibillifilbelests- ---
will be available when more dat
is completed.
Dr. J. B. Stone, Animal'
Science Department, University
of Guelph, says rubber mats can
save farmers the cost of 2 or 3
poundr"Of straw per cow daily and
moreover are far better adapted
to modern liquid manure disposal
systems that cannot accom-
modate too much loose bedding.
Tests recently made at Cornell
University and Pennsylvania
State University. show that while
5 to '7 pounds of straw per cow
is required each da4 in a con-
ventional stall barn, only 2 to 5
pounds is requiredper day when
stall barns contain rubber mats.
Use
Expositor
Want - Ack
Phone 527-0240
Notes From Queleiis Park
Health Minister Bert Law-
rence said, this week in the
Legislature that in the first six
months of the Provincial Parcost
prescription programme, the
average cost of prescriptions at
participating pharmacies has
dropped about 8%.
Apparently; about 70% of the
Province's pharmacies are using k April.
He described as absurd recent
claims by manufacturers
that prohibition of studs would
cause an 11% increase in
traffic accidents. •
On the other hand, the Minis-
ter said studs may have con-
tributed to accidents by reduc-
ing a car's manoeuvrability.
The Natural and Physical
Resources Committee members
of the Legislature told the Prov-
ince's Milk Commission that
Ontario's cheese industry faces
an emergency because of short-
ages of milk. The Commission
was told that the situation is
getting worse, particularly in
Eastern Ontario,
Dr. Ken McEwa'n, Chairman
of the Milk Commission said
the problem is in getting adequate,
supplies of milk to cheese pro-
ants.
Highways Minister Charles
MacNaughton indicated in
Legislature that no new infor-
mation had come to the attention
of the Government which would
change its mind with respect to
the ban on studded tires, due to
coma into effect after the 30th
Try Rubber Mats
For Cows ,at Elora
the programme. •
The tire stud industry, made
a last minute plea to the Govern-
merit to reconsider its ban cm
studded tires. The industry said
Ontario's ban on studded snow
tires may cause an 11%
increase in motor vehicle accid-
rainerommixowormsamsmi
INSURANCE
Auto, Fire, Life
Donald 'G. Eaton
insurance Agency Limit's!
Office in Masonic Block ,
Main Street
Phone 527.1610 Seater*
1111PsememiliBilibmaiiiminnese
Financial expenses
Education
'County - share of expenditure
Other
cessers. Under the quot asystem,
the Commission cannot increase
the amount of industrial milk to
the cheese industry., "oa
It was pointed out that-unless"
the' situation is corrected, Ont-
ario is in danger of losing the
U. K.. export cheese market.
Health Minister Bert Law-
rence said in the Legislature
that the Government has agreed
to continue paying 90% of the
Ontario Medical Association's
fee schedule, when it is increased
by an average of 4.5% on the 1st
May. In return, the Government
is pushing the doctors to accept
90% as full payment, thus avoid-
ing extra billing to'patients.
,•
Rubber mats for livestock
stalls are being tested at the
Elora Dairy ResearchfStation in
place of such conventional loose
beddings as straw.
At the Elora Station, 128 'tie
stalls are using rubber mats, with
many diffeiant mat-types being
tested simultaneously. One type
under test is 100% tubber, about
1 inch thick and impervious to
'cloven-hoof stresses. Another is
made from a. plastic encased in
foam rubber, while a third is
manufactured from conventional
treading and is purportedly softer
and spongier than its com-
petitors. Indoor-outdoor car-
peting is a possibility; it has not
-yet- been tried -and may hav_e_
wear problems. Dr. Stone says
the initial costs of the mats are
high - roughly $40 to $50 for a 4
by 6 foot mat - but fanners can
expect 'these costs to • be
repaid over a few years in saved
loose bedding materials.
SE
THE'
BOYS
AT
WEST
END
IN
MITCHELL
FOR. A
GRAN I
by John D. Baker,
public Relations Officer,
Branch 156
SPECIAL EVENTS
Last Sunday, • April 25th,
Hanover Branch #130 hosted the
Convention of District ,,C" of
The Royal Canadian Legion. Re-
gistration of the delegates from
9 to 10 a.m. was followed by the
Marching On of the District
Colours prior to the opening of
the meeting.. First on the agenda
was the reading of the minutes
of .the last District Convention
held on October 18, 1970 at
Branch 140 Clinton," followed by
a report on the district funds
by Comrade Cec. Pickard, Dis-
trict Secretary. Comrade Roily
Russell', District Deputy Com-
mander introduced and welcomed
Comrade Dave Trafford, Presi-
dent of Branch #130; Com-
rade Rev. John Swan, the Mayor
of Hanover; Comrade Ross Whi-
cher, M.P.P. (Grey-Bruce); and
Hon. Eric A. Winkler, Minister
of Revenue, Province of Ontario.
The minutes of the District
.Csamcil were then read, followed
by the four Zone Co-thritanders'
reports: Comrade Ted Elliott,
Zone Cl; Comrade Max McDon-
ald for Zonec C2; Comrade Al
Lemon, Zone C3, and Comrade
Marm Burrows, Zone C4.
Comrade S.A.Atkinson then
gave a report for the Department
of Veterans' Affairs.
Nominations were conducted
by Comrade Chester Merriam,
Dominion Chairman. Comrade
Roily Russell was nominated for
the office of District' Comman-
der and , Comrades Marm
Burrows, Al Lemon, Fred Tilker
and Ted Elliott for the office of
Deputy District Commander. The
nominations were held over for
the afternoon session, and the
meeting recessed at 11:55 a.m.
At 12:15 p.m. the delegates
assembled for a parade to the
Hanover Cenotaph. In spite of
the cold damp weather there
was a turn-out of approximate-
ly 200 Comrades. The Colour
Party was a splendid and' 'in-
spiring sight with My or more
flag bearers, two platoons of
veterans and' two Pipe Bands.
SELECTION
OF
NEW
AND
USED
CARS
A N D
TRUCKS
READY-TO-ROLL
YOUR PONTIAC-
BUICK I,GMC
DEALER
WEST-END
GARAGE
Mitchell - 348-8932
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