The Exeter Times-Advocate, 1972-06-01, Page 8Tom, Baird is a patient
Joseph Hospital, London.
in St. H. W. Stokes is a patient in St.
Joseph Hospital.
EATON'S
Hearing Aid
Consultant
Mr. A. Nisbet
will be in Exeter and area
Monday June 5
call 235-1440 for a home
consultation or visit
Eaton's Hearing Aid dept.
London
TOP HOCKEY PLAYERS AT GB - At the annual minor sports banquet in Grand Bend Wednesday
night, awards were given to the most improved and most valuable players on each minor hockey team.
Shown above from the left are Danny Stanlake, Mike Eagleson, Dwight Jennison, Scott Green, Cameron
Haist and Francis Kelders. T-A photo
Lady marks event
Woodham farmers on trip
By MISS JEAN COPELAND
Glenn Copeland, George
Wheeler, Clarence Thomson,
Marvin Hartwick, Ken Parkinson
and Leonard Thacker enjoyed the
bus trip in the Brampton and
Hamilton area on Saturday
sponsored by the Perth County
Holstein Friesian Association.
Mr. & Mrs. Albert Scott,
Exeter, Mr. & Mrs, Cliff Scott
and Jo-Anne, Kirkton, Mr. Roy
Russell, Linda, Karen, Joyce,
Randy and Loree, Russeldale,
Mrs. Shirley Elliott, Essex, Doug
Francis and Greg Pridham,
Mitchell, William McDougall,
Fullarton, Mr. & Mrs. Don Wilson
and family, Lakeside and Mr. &
Mrs. William Rundle and Larry
were Sunday guests with Mr. &
Mrs. Gerald Brintnell, Terri and
Scott and helped Mrs. Albert
Scott celebrate her birthday.
Mr. & Mrs. Jack Switzer and
Mr. & Mrs. Roy Switzer, Kirkton,
were Sunday guests with Mr, &
Mrs. Alex Gartenburg and
John.
Mr. & Mrs Harold Thomson,
Parkhill and Mr. & Mrs. Harold
Levy, Lynn. Barry and
Louanne and Mrs. Ray Mills of
St. Marys were guests with
Blanche and Rhea Mills on
Sunday,
Mr, & Mrs. George Wilson
spent the weekend with Peter
McLean and family, Puslinch
and Mr. & Mrs. Calvin Wigood,
Campbellville and attended a
birthday party for Ann and her
brother,
Mr. & Mrs. Harold Berry and
Laura, Toronto, spent the
weekend with Mr. Allen Berry
and Mr. & Mrs. J. E. Anderson.
Guests with Mr. & Mrs. Don
Brine and Cheryl on Sunday were
Mr. & Mrs. Fred Doupe, St.
Marys and Mr. & Mrs. John
Simpson„ Rosemary and Paul
and Mr. & Mrs. Fred Roger of
Kirkton..
Mr. & Mrs. Glenn Copeland,
Cynthia, Ellen and Deanna and
Jean Copeland were guests with
Mrs. Stanley Mountain., St.
Marys, on Sunday.
Mrs. William Stephens of
Calgary has been visiting with
her mother, Mrs. Frank Rodd,
Mr. & Mrs. Glenn Jeffrey, Alan
and Connie of Thames Road were
Sunday guests with Mr. & Mrs.
Clarence Thomson and family.
A SPECIAL AWARD - Thanks to a group of Grand Bend sportsmen, a member of the Grand Bend
midget hockey club will attend a one week session this summer at Walter Tkachuk's hockey school.
Above, Grand Bend midget coach Paul Panet at the left, presents the registration to Harry Smits.
Looking on at the right are manager Bill Jennison and retiring president of the Grand Bend Minor Sports
Association Howard Green. T-A photo
01111111111111111111111111111IIIIIIIIIIIIIIIIIII1111111111111111111111111IIIIIIIIIIIIIIIIIII1111111111111111111111111111111111 II1111111111110111111111111111111111111111111111111111111111111111111111111111111E
W. Brunzlow
Commercial Art Studio
All types of Designing
All types of Signs
Letterheads, Logos
Technical Illustrations
Silk Screening
Crediton phone 234-6359 or 234-6324 E--.
ALL-ROUND ATHLETE - The top minor athlete in Grand Bend
each year receives the John Payne Insurance trophy. Above, the
newest winner, Scott Flear accepts the award from John Payne Jr.
T-A photo
4
Mrs. Carol Pagel, Baltimore
Maryland, Mrs. A. Backman and
Mrs. K. Pagel Detroit spent a few
days last week with Mrs. L. A.
Bariteau.
Miss Cheaney, Powasson is
visiting with her sister and
brother-in-law Rev, and Mrs. H.
Dobson.
Mr. & Mrs. Carl Vanner,
Collingwood, visited over the
weekend with Mr, & Mrs, T,
Baird.
Anthony MacGregor,daughter
Bonnie and granddaughter Kathy
Flears and Kennedys.
Mr. & Mrs. Chas. Tindall
arrived back to Grand Bend
recently to spend the summer.
Rev. A. E. and Mrs. Holley,
Kitchener were in town Saturday
and attended the Lauriault-
Mason wedding. Mr. Holly
assisted in the ceremony.
Rev, Dobson a nd Mr. Lawrence
Curts attended the United Church
London Conference held in
London Monday through Thur-
sday.
Mrs. Gerry Kading, Mrs. Wm
Brenner and Mrs, Clarice Ken-
nedy attended the music per-
formance of "Dr. Peloquin" last
Wednesday evening held in
Centennial Hall, London,
UCW ladies planning
June rummage sale
By MRS. CLARKE KENNEDY
GRAND BEND of Detroit visited Sunday with the
The Afternoon Unit of the UCW
at their May meeting made plans
to hold a rummage sale in the
church Sunday School room June
9 at 1 p.m.
1'
sor
I have examined the Balance Sheet of the Huron County Board of
Education as at December 31, 1971 and the Revenue Fund Statement of
Revenue and Expenditure and the Statement of Source and Application of
Capital Funds for the year then ended. My examination included a general
review of the accounting procedures and such tests of accounting records and
other supporting evidence as I considered necessary in the circumstances.
Balance Sheet
Huron County Board of Education
REVENUE FUND BALANCE SHEET
AS AT DECEMBER 31,1971
ASSETS
Revenue
Fund
Capital
Fund
Cash 1,865 1
Accounts Receivable
Municipalities (including under-
requisitions) 24,765
Government of Ontario 1,304,172
Other 98,110
Due from Other Funds 13,225
Other Current Assets 64,675
Total Current Assets 1,493,587 13,226
Fixed Assets 23,915,079
Other Non Current Assets 52,530
Deficit as at January 1, 1969 reduced by Ontario
Government Assistance in respect thereof 181,141
1,727,258 23,928,305
LIABILITIES
Bank Indebtedness ,. 746,848
Accounts Payable and Accrued Liabilities
Municipalities (including over-requisitions) 209,758
Other 748,997
Due to Other Funds 13,225
Other Current Liabilities 5,613
Total Current Liabilities 1,724,441
Unmatured Debenture Debt 8,001,287
Other (specify) 2,817
Investment in Fixed Assets 15,927,018
1,727,258 23,928,305
APPROVED
Robert M. Elliott
D. J. Cochrane
Revenue and Expenditure
For Elementary Purposes
EXPENDITURE
Business Administration 89,105
Computer Services 1,343
Instruction 3,280,750
Educational Services 97,192
Attendance, Health and Food Services 3,703
Plant Operation 414,748
Plant Maintenance 62,768
Transportation 419,128
Tuition Fees 17,383
Capital Expenditures (non-allocable) 245,000
Other Operating Expenditure 34,665
Debt Charges on Capiial Borrowing 633,694
Non-operating Expenditure, Excluding Transfers
to Reserves 13,373
Total Expenditure 5,312,852
RECOVERIES OF EXPENDITURE
Other School Boards 13,728
Government of Ontario,
Tuition Fees and Miscellaneous 2,919
Government of Canada 11,512
Individuals 49
Other Revenue,
' Excluding Transfers from Reserves 40,139
68,347
Net Expenditure 5,244,505
FINANCED BY
Government of Ontario
General Legislative Grants , 3,886,218
Local Taxation Raised in 1971
on Account of 1971 1,393,305
Decrease (Increase) in Reserves 5,279,523
Net under (over) requisition on account of 1971
required to be applied to 1972 taxation (35,018)
NOTES:
1.7A Reconciliation of Local Taxes Raised in
1971 to Local Taxation Raised in 1971 on
Account of 1971 Follows:
Local Taxation Raised in 1971 • • • • • 1,223,443
Less:
1970 Under (Over) Requisition as per
Audited Financial Statements 13,6 98
Subsequent Adjustments Related to
1970 or Prior, as set out Below* 4,709 (18,407)
1968 Surplus from Predecessor
Boards Applied in 1971. 188,269
169,862
Local taxation raised in 1971 on account of 1971 1,393,305
Included in local taxation raised in 1971 on account of 1971 are supplementary
taxes, license fees for trailers, and payments in lieu of taxes,
In my opinion these Financial Statements present fairly the financial
position of the Board as at December 31, 1971 and the results of its
operations and the source and application of its capital funds for the year
then ended, in accordance with accounting principles generally accepted for
Ontario School Boards applied on a basis consistent with that of the
preceding year.
A. M. Harper
Goderich, Ontario
Date of filing May 3, 1972
Revenue and Expenditure
For Secondary Purposes
EXPENDITURE
Business Administration 82,244
Computer Services 1,240
Instruction 3,716,974
Educational Services 88,827
Attendance, Health and Food Services 51,813
Plant Operation 499,236
Plant Maintenance 30,090
Transportation 388,652
Tuition Fees 215,336
Other Operating Expenditure 61,267
Debt Charges on Capital Borrowing 441,757
Non-Operating Expenditure, Excluding Transfers
to Reserves 7,837
Total Expenditure 5,585,273
RECOVERIES OF EXPENDITURE
Other School Boards
Government of Ontario,
Tuition Fees and Miscellaneous
Government of Canada '
Individuals
Other Revenue,
Excluding Transfers from Reserves
572,373
4,796
38,278
12,300
40,831
668,578
Net Expenditure 4,916,695
FINANCED BY
Government of Ontario
General Legislative Grants 3,506,135
Local Taxation Raised in 1971
on Account of 1971 1,571,426
Decrease in Reserves 5,077,561
Net under (over) requisition on account of 1971
required to be applied to 1972 taxation (160,866)
NOTES:
1. A Reconciliation of Local Taxes Raised in
1971 to Local Taxation Raised in 1971 on
Account of 1971 Follows:
Local Taxation Raised in 1971
Less:
1970 Under (Over) Requisition as per
Audited Financial Statements 5,711
Subsequent Adjustments Related to
1970 or Prior, as set out Below* (35,329)
1968 Surplus from Predecessor
Boards Applied in 1971
Local taxation raised in 1971 on account of 1971
Included in local taxation raised in 1971 on account of 1971 are supplementary
taxes, license fees for-trailers, and payments in lieu of taxes.
Capital Funds
FOR THE YEAR ENDED DECEMBER 31,1971
SOURCE
Capital Expenditure from the
Revenue Fund 386,584
Total
APPLICATION
Fixed Assets
Othe r - ..... .. .... ....... „
Buildings
Furniture and Equipment ....
245,000
96,874
44,710
Total
Net Change in Capital Funds
Unexpended Funds or (Amounts Not Permanently Financed)
Balance at Beginning of the Year
Balance at the End of the Year - . . , .
The Huron County Board of Education
For the year ended December 31, 1971
AUDITOR'S REPORT
To the Huron County Board of Education
29,618
49,184
1,492,624
78,802
1,571,426
386,584
386,584
Nil
13 226
13,226
0