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The Exeter Times-Advocate, 1973-05-03, Page 8LEAGUE WINNERS AT GRAND BEND - The regular league championship of the Grand Bend ladies bowl- ing.league was won by the Pinpoppers. Shown above are back, left, captain, Sandy Thompson, Sharon Any- symiw and Karen Courtney, Front, Gladys Crown, Marge Roberts and Nola Taylor. T-A photo Stop paying so much tax! Build up your retirement income instead. Ask us to show you how. eizeiedied SYNDICATE LIMITED IA* At Ail TED HOLMES • 145 Deer Park Circle, London Phone 471-6005 GB LADIES BOWLING CHAMPS - The Roadrunners won the grand championship of the Grand Bend ladies bowling league. Shown above receiving their awards from Ernie Charrette of Molson's are captain Joyce Hodgins, Karen Finch, Cassie Ann Desjardine, Bertha Baltessen, Frances Relouw, Helen MacDonald and Corrie Relouw. T-A photo. Statement of Revenue and Expenditure for the year ended December 31, 1972 Accumulated net revenue ( deficit) at 1972 the beginning of the year 14,683 EXPENDITURE General government 52,149 Protection to persons and property 116,616 Public works 128,044 Sanitation and waste removal 74,504 Social and family services 168 Recreation and community services 55,151 Community planning and development 2,216 Financial expenses 1,623 Education 174,115 Region or county - share of expenditure 88,410 (692,996) REVENUE Taxation 580,481 Contributions from other governments 118,807 Other 33,464 732,752 Accumulated net revenue (deficit) at the end of the year 54,439 Analysed as follows: General revenue 54,439 54,439 By MRS. FRANK PLUMB The Easter Ecumenical Ser- vice in the United Church basement was opened by Mrs. Keyes' story of kindness. Mrs. Kennedy led an Easter devotional period followed by songs led by Mrs. Marlene Brenner. After a collection of "Pennies for Peace" Mrs. Pat Kading introduced Mrs. Gwyn Whilsmith who was attired in the native costume of Israel to give her talk and show slides on Israel. She and her sister visited a refugee camp as big as Exeter where diet was 1000 calories per person a day; water supply was limited, and 50 persons shared a washroom. The Refugee Fund provides 15 percent upkeep. "Inter-Church Aid" is doing good work in the Health Clinic to train mothers in child care and to provide a balanced diet to infants said Mrs. Whilsmith. From tents in 1948 the refugees now live in nine by nine foot cement block homes for each family, regar- dless of size. They grow their own gardens but they are a people without a country. While travelling by bus she saw a lucky farmer plowing with his $400 camel, contrasting with women threshing grain from sheaves as in Bible times. Some areas grow corn and use machinery. History is indebted to the Franciscan Fathers who built churches over holy places to preserve them she continued. Mrs. Whilsmith talked about Bethlehem, Nazareth, Church of Mary's Well, Mt. of Temptation in the wilderness, dry and hot walls of Jericho and the Sea of Galilee. Her boat had a choppy erossing to Capernum to see Caesarea's ruins which were found under the sand. UCW The United Church Women met as a group to make arrangements for the spring thank-offering service May 6, Mrs. Barry Robinson of Thames Road will be speaker. A suggestion was made that the ladies think over ideas for welcoming newcomers to Grand Bend. 4-H Achievement day for 4-H homemaking clubs was held at the Stephen Central School, Crediton on Saturday. The morning was spent testing the girls' knowledge of their unit and in the afternoon the eight clubs presented fashion shows. Matilda Van Leeuwen received county honors. Other members who passed are: Elly Smeekens, Diane Rood, Nancy 13ackx, Donna Mennen, Rosemary, Jane and Mary Anne Kelders, Ellen Van Leeuwen, Harriet and Ellen Vanden Bygaart, Debbie Smart, Debbie Ford, Angela De Kort Francine and Annie Wiendels, Marilyn Martens, Mary Jean Ross, Their leaders were Mrs. John Kelders and Mrs, Wm. Vanden Bygaart. Personals Arthur Pickering, former resident of Grand Bend died recently in Windsor. He was a retired building contractor and built a number of buildings here. Gladys Caven, a former cot- tager at Oakwood passed away at Amherstburg recently. A selected committee from Grand Bend and Greenway met Thursday evening in the United Church to finalize plans for the "King James Version" group from Toronto who will entertain May 14. Mrs. S.M. Barbour has returned to her home in Toronto after spending a week with Mr. & Mrs. C. Kennedy. Paul Gunning came home on Friday from hospital in London. Mr. & Mrs. Dave Clifford are moving to London where Dave will be employed with General Bakeries as an accountant. He has worked as office clerk and meter reader at the PUC almost two years. Mrs. I. Ford will take over Mrs. Clifford's Brownie Pack, in September. Ethel DesJardine and Wreatha Green, attended the "hair fashion forecast presented by the Bundy Brothers from Vienna, Austria for the Americoif Coiffure Press Presentation in Warren, Michigan Monday. Exeter woman guest speaker GB service features Israel Report to the Ratepayers of Exeter For The Year 1972 Capital Fund Operations Consolidated Balance Sheet as at December 31, 1972 ASSETS Current assets 1972 Cash 32,182 Accounts receivable 57,586 Taxes receivable 78,093 Other current assets 36,431 204,292 Capital outlay to be recovered in f utureyears 317,727': 522,019 LIABILITIES Current liabilities Accounts payable and accrued liabilities 41,209 41,209 Net long term liabilities 317,727 Reserves and reserve funds 108,644 Accumulated net revenue (deficit) and unapplied capital receipts 54,439 522,019 Public Utilities Commission Water Supply System for the year ended December. 31, 1972 REVENUE 1972 Sale of water Residential Commercial Industrial Other Hydrant rental Interest Penalties Mark-up on sales and services Total revenue EXPENDITURE Operations Power and pumping 18,648 Transmission and distribution 12,658 Administration and general 14,079 Interest charges on long term debt 4,830 Total operating expenditure 50,215 Principal payments on long term debt 9,000 Provision for depreciation .. 23,756 Total expenditure 82,971 Excess of revenue over expenditure for the year 9,366 Surplus (deficit) at the beginning of the year 131,460 Surplus (deficit) at the end of the year 140,826 EXPENDITURE Administration and General Customer's Billing and Collecting Electrical Energy Purchased Transmission and Transformation: Operation Distribution: Operation Street Lighting: Operation Other - Exclusive of Depreciation and Debenture Debt Charges: (specify) Building maintenance Depreciation Debenture Debt Charges Matured in Current Year Interest Serial Debentures - Principal Instalments Provision for Debt Charges of Future Years Total Expenditure 317,301 Surplus for Year carried forward to Surplus (Deficit) Account 34,665 Total Expenditure Section 351,966 Exeter Cemetery Board for the year ended December 31, 1972 REVENUE Sale of Plots 2,499 Care of Plots 540 Burial Charges 4,025 Miscellaneous Revenue (specify) Interest 9,098 Foundations 1,136 Winter storage 75 Provided by Municipality from Tax Levy 5,000 Total Revenue 22,373 EXPENDITURE Administration and General 2,234 Maintenance and Care of Buildings, Plots and Grounds 19,983 Total Expenditure 22,217 Surplus for year 156 22,373 Community Centre Board for the year ended December 31, 1972 REVENUE Grants - Town of Exeter 12,000 Ice rental 2,851 Minor hockey 1,648 Skating 1,416 Figure skating 1,307 Junior Hawks • 4,189 Other rentals 835 Sign rentals 471 Arena snack bar 11,695 Swimming pool snack bar . 1,069 Skate sharpening 36 Horse barn rental 945 38,462 EXPENDITURES Wages 7,570 Arena hydro and water 3,459 Arena maintenance 8,938 Arena fuel 1,716 Insurance 4,038 Telephone - - • . .90'.••••111,0,14 41. ....... I 246 Advertising and supplies .. „ „ . „ ..... .... 338 Sundry Nref Oovi.,••11 1 1*1 V11 100011,1 ............ • 1 195 Arena snack bar ....... - ....... • .. „ . „ . 8,651 Horse barn maintenance 564 Swimming pool snack bar 1,163 Membership fees 4,“411144.v.“48“. .. .... .4 30 Ball diamond . ....................... 11d 1 .1411.41 118 Bowli ng green • . .......... 4.4 ............. 203 37,229 Surplus for year kr.tto.11 •44 1•PY 1 •11111iI1•I•flIf (.11 1,233 Exeter Recreation Committee for the year ended December 31, 1972 REVENUE Grants - Town of Exeter Province of Ontario Fees and Admissions Swimming Playground . • 15,000 4,136 5,196 161 Figure skating .. 3,909 Minor hockey 2,777 Junior Hawks hockey 10,438 Promenaders 330 Ballet , , . , • ,, • .. .1, :439 4 Gymnastics 242 42,628 EXPENDITURES Salaries Recreation director 7,900 Assistant director 3,550 Administration 2,622 Program salaries and expenses Swimming 6,772 Playground 1,046 Figure skating 4,414 Minor hockey 3,830 Junior Hawk hockey 13,201 Promenaders 605 Ballet 324 Gymnastics 215 Minor bowling 95 Minor baseball 10 44,584 Deficit for year 1,956 Exeter Industrial Development Committee as at December 31, 1972 ASSETS Cash in bank . 889 Investment - Exeter Industrial Development Corp . 1,222 Due from Exeter Industrial Development Corp 77 2,188 SURPLUS Balance January 1, 1972 2,373 Less: Deficit for year 185 Balance December 31, 1972 2,188 Analysis of the Education Levy for the year ended December 31, 1972 overievy or (underlevy) for the year Huron County Board of Education Exeter res. 2,700,315 23.489 PS corn. 1,255,210 26,099 96,187.42 98,300,00 (2,112,58) SHDHS res. 2,770,690 16,755 corn, 1,264,845 18.617 69,970.53 72,078.00 (2,107.47) Huron-Perth R.C. Separate School Board • Exeter res. 70,375 21,069 SS corn, 9,635 23.410 payments in addition to supplementary taxes Public 1,135.32 Separate Secondary 864.47 68.69 To: The Members of Council, and Ratepayers of the Corporation of the Town of Exeter I have examined the 1972 financial statements of the Corporation of the Town of Exeter and its local boards, which are listed on the attached Index. 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 cir- cumstances. In my opinion these financial statements present fairly the finan- cial position of the Corporation of the Town of Exeter and its local boards as at December 31st, 1972, and the results of their operations for the year then ended, in accordance with accounting principles generally accepted for Ontario municipalities applied on a basis consistent with that of the preceding year. • A.M. HARPER .Date of filing April 4, 1973 License Number 4440 Goderich, Ontario 44,164 9,986 28,357 7,396 1,499 283 652 92,337 for the year ended December 31, 1972 Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year .. CAPITAL OUTLAY Capital expenditure Protection to persons and property Public works Sanitation and waste removal Recreation and community services CAPITAL FINANCING Contributions from the revenue fund . • - ... - Unfinanced capital outlay (Unexpended capital financing) at the end of the year .. 1972 $ Nil Public Utilities Commission 1972 - 111( ...... „ . • , , „ 182,930 67,497 80,630 5,016 1,350 813 1,312 10,456 960 1,002 Hydro for the year ended December 31, REVENUE Sale of Electrical Energy: Residential Sales „ ....... • . ...... Lighting, etc, Industrial Sales Lighting, etc. Sales to own Municipality Street Lighting „ ........... - - Miscellaneous Revenue: Customers' Forfeited Discounts & Penalties Sales of Merchandise - net ............ - Other: (specify) Interest.. ..... ......... - , ......... Street light capital charges , Apartment rental ..... - ..... - , Water heater rental Total Revenue Section „ ..... „ „ .... 32,388 43,334 30,594 3,623 109,939 109,939 (109,939 Nil 351,966 19,237 18,693 224,198 1,710 22,327 3,634 2,029 21,876 2,009 1,600 (12) assessment mill type amount rates requisition 1,708 .29 1,669,00 39.29 the requisition amounts charged back to school boards 3,304.61 2,418.87 to,