The Exeter Times-Advocate, 1968-04-25, Page 11Report to the 7 tepaYers ° For ter .Exe-
cio14.,,,.:1111PrP4t 2,667.00
principal instalments 2,1700.00 ..,„
:Debenture ,Debt Charges Matnrp4 1n Current Vo4r Interest - - T„ - 2,43441,
,Serial Debentures .,,principal .lostalments1,464.07
General. iTniprnmnont 49, 531,14
.P..4yrnants..1411%; of m.nn1,,
,PinaltaXes - -2,123.80.
Police and Fise - 206.96
Share of ,Liquor License
Fees 14,003,00
Unconditlenal 'Per Capita
Grants - 3,091,00
centennial - ., 2,029,00
The aceMPOlate(1. '111).derie.YieSifOr .Scheel. and county purposed.
as ShOWn On ,schedule 8 are -too large ..and the tax rates Of -the re-
SPective boards Shonlil be increased so - that these balances .1411. be
The 04004. ,Statements for the .CoMbined ,Roman Catholic
SeParate School Exeter, which appear this report were Pre, pared from the. Schen; .Boards :financial statement's es audited by
Davies, .Grant. and patterson Chartered Accopritants,
woidd like to thank Mr., carsoadden and. Mrs, :Keller for their
co-operation ,during audit and the manner in which the records
are .maintained.
4,667.00
6,836.00 Defic, it ;at POof .p,r1,9r. y0P' 0,886.78
( 11.98)
183,385.75
37,637.22
Provision for- :Debt Charges of Future Years,
Total. Expenditure ,
.Surplus for Year carried forward
teEnrplUS (Deficit) Account
-Total Expenditure Sectiony
39,146.00
4,699.00
33 044,00
Total expenditure -
r r n r n
'Total y z * M M m m 70,770,61 76,200,00
15,036,81 19,07049
1.04.25 li552,Q9
0,713.40 .4,00,00
Other Municipalities - -
Licenses and Permits (include dog tax)
1ntcreS, Tax penalties, etc,
Other Revenues
Rents, Concessions and
Franchises 1,136.42
Fines 463.45
Service Charges - - 990,00
Recreation and Community
Services . 111.20
221,222.97
Exeter Cemetery Board PUC Water Supply System Auditor's Opinion
Subject to the foregoing qualifications I hereby report that in
my opinion;
(1) The financial transactions which have come under my notice
have been within the powers of the municipality.
(2) The audit has been conducted in accordance with the instruc-
tions of the department of Municipal Affairs.
(3) The financial statements present fairly the financial position of
the municipality as at December 31, 1967 and the results of Rs
operations for the year ended on that date.
For the year ended December 31, 1967
REVENUE For the year ended December 31, 1967
REVENUE 2,590.00
564.50
3,895.30
Sale of Plots
care of Plots
Burial Charges - - - , - -
Miscellaneous Revenue (specify)
Interest - -- - -
Foundations ,-
Winter storage -
Rent
2,000,0Q 2,701.07
Miscellaneous (specify)
Provision for deferred
revenue - 750.52
Recovery of taxes written
off - - - - - 1,440.35
Sewer charges - 35,518.02
Miscellaneous - - - 76.10
Sale of Water:
Residential - -
Commercial
Industrial
34,750.41
7,690,73
17,031.22
5,775.00
4,774.53
643.10
319.31
670.00 Hydrant Rental - - -
65,247.36
1,490.48
A. M. HARPER
Date of filing March 27, 1968 License number 3461 6,409.94. 37,784.99 6,650.00
595,157.64 556,674.65
89,960.01 89,960.01
685,717.65 646,634.66
9,491.72
695,209.37 646,634.66
Budget
Miscellaneous Revenue: (specify)
Interest
Miscellaneous
Provided by Municipality from Tax Levy
Total Revenue - - ,
Deficit for year
1,000.00 1,463.48 Gross Total Revenue
Surplus from prior Years used to
reduce levy
27.00 14,456.74
130.51
Total Revenue Section 66,737.84
4,049,94
2,618,93
17,250,40
3,333,98
2,006,88
16,219,49
17,396,50
Capital and Loan Fund
Balance Sheet
14,587.25
Deficit for the Year EXPENDITURE
Administration and General - - -
Customers' Billing and Collecting
Power and Pumping
Maintenance - - - --- -
Operation
Transmission and Distribution
Maintenance -
Other (specify)
Rent
Provision for depreciation - - -
Debt Charges (Schedule P-3A)
EXPENDITURE
Administration and General - -
Maintenance and Care of Buildings, Plots
and Grounds - - - - ----
Total Revenue Section
1,313.20
13,274.05
EXPENDITURE
Actual 13,753.07
3,497.33 December 31, 1967
ASSETS Total expenditure 14,587.25
General Government
Executive and Legislative
Administrative - -
Other
3,585.00
11,675.76
16,550,50
General Fixed (as per schedule 18) 342,793.85
Due from Schools (for Debentures)
Public and Continuation 117,000.00
Collegiate and High 162,523.20
279,523.20
Due from Utilities and Other Municipal
Enterprises (for Debentures)
Water Supply System 119,300.00
Electric Light and Power 42,093.25
161,393.25
Due from Other Municipalities (For
Debentures Assumed - Schedule 2) 621,476.80'
Other Tangible Assets (specify)
Sewage-Ontario Water Resources
Commission 148,034.28
Less: Reserve for debt retirement 14,386.79
Community Centre Board 31,811.26 32,610.00
Protection to Persons and Property
9,981.07
19,066.14
48.00
7,222.06
292.25
Fire
Police
Law Enforcement -
Street Lighting - -
Protective Inspection
Other (specify)
Ausable River Authority
Total Expenditure
Surplus for year
62,876.12
3,861.72
For the year ended December 31, 1967
REVENUE Total Expenditure Section - - - - 66,737.84
1,763.35
1,691.55
4,777.43
650.00
8,270.45
1,191.65
931.97
425.50
575.00
28.00
282.00
112.50
Skating
Ice rental
Hockey
3,290.03
39,899.55
117,384.88
85,849.58
42,018.03
93,975,00
46,600,00
Public Works -Roads, Highways
and Streets, etc. - -
Sanitation and Waste Removal
Social Welfare (Schedule 10)
Child Assistance -
Relief Assistance - -
Institutional Care -
Figure Skating
Snack Bar Exeter Public School
Board
Swimming Pool
Other rentals
Horse barn
Sign rental
133,647.49
$ 1,538,834.59
32,80
6,827.67
3,171.70 Roller skating
Park rental
Skate sharpener
10,032.17
115,318.87
22,570.30
11,000,00
125,509. 20
25,100.00
LIABILITIES ' Education, including debt charges
(Schedule 9)
Recreation and Community Services
Debt Charges
Long-term debt charges
(Schedule 11) - -
Less own share of school
debt charges
For the year ended December 31, 196'7
REVENUE 20,699.40 Debenture Debt issued and Unmatured
General
Town owned watermains - - -
Street Lights
Sanitary seWers
EXPENDITURE 17,285.03
10,800.00
90,059.88
Government Grants
Ontario 107,381.43
Recovery of costs from Province of Ontario
For use of school for practice teaching 130.00
Taxes requisitioned (including debt charges)
From own municipality 50,000.00
From other municipalities (specify)
Township of Stephen 120.00
Township of Usborne 238.49
162,240.49
41,269.33
2,653.32
126.36
301.40
46.78
2,513.92
6,959.71
2,791.27
1,006.75
226.48
198.97
Wages
Ball diamond
Donation re-swimming pool - -
Horse barn repairs and maintenance
Light and power
Snack bar - --
Arena repairs and maintenance
Fuel
Telephone
Advertising and supplies
Membership fees - Ontario Arena
Association
Insurance
Skate sharpener
Travel and convention
Parks
Ontario Hockey Association Fees
Miscellaneous
118,144.91
Schools
Public and Continuation
Collegiate and High -
117,000.00
784,000.00
901,000.00
120,971.16
251.87
Short-term interest and
k- other charges - - - Public Utilities and Other Municipal
Enterprises
Water Supply System 119,300.00
Electric Light and Power 42,093.25
161,393.25
121,223,03
2,025,07
3,036.05
61,666.06
125,226,40
2,000.00
2,650.00
Discount for Taxes - - -
Taxes written off - - -
Joint or Special Expenditures
County Rates
50,958.49
77.10
Tuition fees from counties, other school
boards and individuals
Other Revenue
Bank Interest
Additiong section 53
61,666.06 p 30.00
2,716.10
10.25
88.50
87.30
441.67
18.50
61,744.46 268,80 Total 1,180,538.16 Provision for Allowances, Reserves
and Reserve Funds (Schedule 8
and Form G)
119.85 Other Long Term Debt (specify)
Due to Ontario Water Resources
Commission
Less Debt retirement fund - -
388.65
33,635.14 84,392.55 78,201.57
695,209.37 646,634.66
695,209.37 646,634.66
Surplus at end of prior year 148,034.28
14,386.19
133,647.49
Investment in Capital AssetS - - - 224,648.94
$1,538,834.59
NOTE: Guarantees or Contingent Liabilities (Schedule 16)
Gross Total Expenditure - - Total Revenue 192,570.81
20,217.28 Total Expenditure Section - • EXPENDITURE
Administration
Plant operation and maintenance
Instruction
Salaries - principals, teachers and
inspectors
Instructional supplies
Excess of Revenue over Expenditure 482.12 5,657.62
20,493.20
Revenue Fund Deficit
Account
Exeter Recreation
Committee
103,806.24
1,661.14
111,467.38 Revenue Fund Balance
Sheet
•
Auxiliary services
Other
Debt Charges
Long-term debt - interest 6,707,50
principal instalments 1'7,500,00
Capital expenditures from current revenue
Other Expenditures
Share of taxes written off
2,553.30
December 31, 1967
Debit Credit
89,960.01
For the year ended December 31, 1967
REVENUE
Grants Town of Exeter - - 13,091.00
Exeter Community Centre Board 2,356.52
Province of Ontarie re: day camp 53.10
Donations- Kinettet 150.00
Beta Sigma Phi Sorority 150.00
Fees & admissions - swimming pool 1,560.00
- Minor hockey 2,011.56
-Figure skating 1,615.65
- Teen Town 4,772.28
Junior Hawks 6,032.65
-Square dancing 496.40
Playgrounds 126.33
December 31, 196'7
ASSETS
Cash on Hand ------ - -
Cash in Bank
Balance 24,207.50
2,663,30
432.76
16'7,475.06
25,095.75
192,570.81
Balance at beginning of year Jan. 1/6'7
SUrplus or deficit included in
Current Budget 89,960.01
Deficit for the year (Form D) 9,491.72
1,462.15
9,583.36 Total expenditure - - -
Surplus - - 11,045.51
Accounts Receivable
Sundry
• Due frOm Province of Ontario - -
Due from Other Municipalities - -
Due from Schools --
Takes Receivable (Schedule 5)
Other Assets
Deferred Charges -
Deficit (Form C)
Totals of Debit and Credit 99,451.73 89,960.01
Total „ „ 1;336.40
Balance Of Deficit at year end Dec. 31/67
(Form B) 0,491.72
1,336.40
17,572.19
550.09
755.09
79,457.95
5,989.44
9 401• 72
126,208.39
79,457.95
32,414.49
Roman Catholic Separate
School Board
PUC Electric Power EXPENDITURE
• Salaries - recreation director
- Arena manager -
-Secretary-treasurer
Administration
Playground
Figure skating
Junior bowling
Square dancing
M inor ball
SwiMniing pool
Teen ToWii
Junior 'gawks - -
Miner hockey
-Capital •expenditure (Wading Pool Pen*
5,143.92
4,299.34
500.00
1,655.01
1,456,10
2,081.51
85.48
482.03
69.55
2,473.05
5,396.61
5,962.11
2,089,96
462.34
Total Assets
For the year ended December 31,
REVENUE
1961
For the year ended December 31, 1961
REVENUE
. 6
* a . 'Temporary Loans (Schedule 6) -
Accounts payable -
Debentures and Coupons Due
Prineipal . , 6 6 6 * * 6 6
Interest
32,060:00
5,715.34 Sale of Electrical Energy:
Residential Sales - -
Commercial Sales
Lighting, etc, -
Industrial Sales
Lighting, etc. -
Sales to oWn Municipality
Street Lighting
Miscellaneous Revenue;
Sales of Merchandise
Other: (specify)
ApartMent rental
Interest - -
Itentalt = =.
Damage claims -
115,532.13
42,181.8'7
51,564.80
7,162.42
Government Grants
Ontario - -
Taxes requisitioned (including debt char es)
From own Municipality 1,617,00
From other municipalities (specify)
Township of Stephen - 25640
Township of Ilsberne 1,603,00
Township of Hay 367,00
Township of Vtillatton 245.00
Tuition feet from counties, other sthool
boards and iridividualS
Other ReVeime
Transfer from Capital - -
Interest And other items -
7,500.00 16,961.00 2,191,48
10,291,48
78,201.57
$ 126,208,39
•. U. U Reserves (Sohedtile -
Total tiabliitieS and Surplus
Guarantee or contingent Liability -(See ,Report)
2,105.61
385.19
EXcess Of Revenue Over Expenditure 308.98
165.00
1,890,53
1,234.27
516.87
4,791.86
4,128.00 -
re
Statement of Revenue 4,026,00 S z a ,
Development Corporation
Exeter Industrial
8,534,00
205,00 and Expenditure Teta' Revenue Section 321,2#697
EXPENDITURE
Total
and General -
Customers, titling and Collecting
Electrical Energy Purchased- -
Tra-ilSinieSidit and Ti'atifetragien:
1Viaintenenee - -
bititibiit Wiz
Maintenaride -
Street Lighting:
Maintenanee
Other ,. ExeltiSitie of Depreciation and
Debentiire Debt Charges, (specify')
Building Operation and Maintenance
(Depreciation - - -
8;123.00
33,844.00 Total Revenue
For the year ended Dederriber 31, 1967
REVENUE
11,710.25
11,299.01
123,476.95
945.20
2,958;63
1,779.28
2,390.9"!
14,410.96
!MK:4TM.
Administration - -
Plant *Wail& and inaiiitenalide
Instruction
Ealarita teatiferS
inspectors * -
Instructional SupPlieS * ... et .6
FOr tha year ended Deceniber 31, 1561
REVENUE
xeter 311.60
EXPgNDITu#E
1,158.1)6
Actual Bridget
394,269,03 362,435.6.6
66,936.49 36,06.46
2;066.00
Total itaiveraie froth taxatiott t§thedifit
tong-Terri tabi thatgo'a Recoverable
. (Schedule 13)
COntributionS, Grants and Subsidies
Governments;
Canada
Ontario--
Nivea •11611et
Grant - Town Of 050,00
6'88,00
a v.
10,338.00
4,40'7.00 TransportatiOn , a a
Auxiliary ser'vi'ces
001'04 . *w w*
Debt charges
a a a W.
1,61606116 4g, ,e .1* a
tkd:6§t' of revenue over eXPeildi 6 .802.91
3473.00 1,050.05 aorta.. a ..
72.00
6,995,13