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Times-Advocate, 1979-04-25, Page 12Pag* 12 Timei-Advocate, April 25, 1979 Church service conducted by wife of minister Rev. Keith Brown con­ ducted communion services in the churches of the Ailsa Craig charge on Sunday and Mr. Peter Snell was to have taken the services on the Lucan Charge. However, due to sudden illness Mr. Snell could not be present and the service in Lucan was con­ ducted by Mrs. Brown, who used the theme of the World Day of Prayer “spiritual Growth in Knowledge, Hope and Love.” The service at that time was prepared by the Christian women of Africa and Mrs. Brown spoke of the great tribulations though Tuckersmith Continued from page 11 . smith at this time as it was in other areas of Huron County. He asked council if the clerk could inform the Federation of the sale of farmland to foreign ownership with the owner an absentee landlord. Reeve Ervin Sillery said there was more than one way to look at foreign ownership. “While that land is owned by an outsider, he makes it available to a local person to rent it,” Mr. Sillery said sometimes a man can rent land but cannot afford to buy it or does not need to tie his money up in the purchase. Mr. McGregor said that a farmer’s son can go to agricultural college and then come out and cannot afford the high price of purchasing land because prices have gone up due to foreign buyers. Council authorized clerk Jack McLachlan to notify the Federation of the sale of land to foreign investors. The clerk said at the present time there is no land township under ownership. Reeve “ remarked: advantage of giving it (the information) to them, and I can’t see the advantage of keeping it from them.” Ervin “I can’t in the foreign Sillery see the Registration Lucan Minor Soccer Sat., April 28 9 a.m. - 12 noon LUCAN FIRE HALL Boys 6 to 16 Girls 8 to 16 Registration $5 Please bring proof of age which Christians m Africa are going. Mrs. Brown said “We too live under tremendous tensions of a different sort and people are hungry for something on which to build their faith.” “Do we know Jesus as a living personal Saviour?” asked Mrs. Brown. “Are we longing for something more than we have? ” As He did for Peter,the Lord will satisfy the longing heart today, and will bring us to the place of loving and trusting him implicitly, KnowingChrist is the key to God’s trans­ forming love. The flowers in the Sanc­ tuary were from the funeral of the late Mrs. Hannah McGuffin. The love and prayers of the congregation are extended to the family. Tomorrow morning, Thursday at 9:45 a.m. “The Prayer and Share Fellowship” for all women of the community will meet in the C.E.Wing, and at 8:15 p.m.. at the Couples Club Arthur and Gwen Whilsmith, formerly of Exeter will speak on their mission service to Mexico. All couples are invited. Saturday, May 5 the Couples’ club will hold their annual Spring Garage Sale at the home of Bob and Helen Patterson, 129 Main Street South. Your contributions will be gratefully accepted. The Sacrament of Infant Baptism will be celebrated on Christian Family Sunday, May 13. Please telephone Mr. Brown 228-1143 for further information. List winners of craft show draw Shannon Nevin was the winner of the rag doll in Saturday’s draw at Lucan craft show. Winner of the elves Elizabeth Corbett and Anderson took home spoon rack. UNITED CHURCH CRAFTS — Tabatha Froats and Christine Blay display some of the articles qn sale at the Lucan United Church Women's booth at Saturday's craft sale. T-A photo 1 Munchers tackle dads in broomball The Metric Munchers 4-H group held their final meeting recently, in the form of a mixed broom ball game, with their dads, at the Lucan Arena. The cheering section included their mothers and brothers and sisters. Following the game everyone returned to the home of one of the leaders, Mrs. Gerald Straatman for refreshments. The final meeting of the Healthy Hillbillies took the form of a birthday-bowling party honoring ReNae Norton, at the Lucan Lanes. Each member of the club had invited a friend or a member of her family. This group returned to the home of one of their leaders also, Mrs. Adrien deBrouwer, for refresh- 1 ments. Both parties were in • accordance with the 4-H project book, not just “for fun.” Friends are invited to the Achievement Day on “Essential Edibles” to be held at Medway High School on Saturday, April 28th at 1 p.m. UCW CRAFTS Sharon MacDonald, Linda Froats and Judy Campbell display some of the articles on sale at the UCW booth at Saturday's Lucan craft show. T-A photo VILLAGE OF HENSALL AUDITOR'S REPORT at December 31, 1978 March 30th, 1979 To: The Members of Council, Inhabitants and Ratepayers We have examined the 1978 Financial Statements of the Corporation of the Village of Hensail and its local boards, which are listed on the attached Index. Our examination was made ^accordance-with generally accepted auditing standards and accordingly included such tests and other procedures as we considered necessary in the circumstances. In our opinion, these financial statements present fairly the financial position of the Corporation of the Village of Hensall and its local boards aS at December 31st, 1978. 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. Stratford, Ontario. Date of Filing April 2nd, 1979 Respectfully submitted, Monteith, Monteith & Co. Chartered Accountants License No. 871 Statement of Revenue and Expenditure For the year ended December 31,1978 WRONG COATS? Two coats were missing from the cloak room following the activities at the Lucan Community Centre, Saturday night. Harvey Steeper of Parkhill area had to go home in his shirt sleeves when his brown leather jacket was missing after the dance. The cloak room was unattended. Bea Lee of Ailsa Craig was more fortunate. There was a coat left for her to wear home, same colour as her own, a turquoise blue all weather coat, but a single breasted style which doesn’t fit as well as her own. So ladies and gentlemen, please check your coat to see if you made the mistake. WIN RACE Scouter Henry Kaune and , Bernie Avery both of R.R. 1, Lucan won the Kayak class in the Thames River Classic canoe race, Sunday. Congratulations to both. CRAFTS N' THINGS Gift Shop Now Open Saturday 11 a.m. to 4:30 p.m. Spring Sale 20% off Most wood crafts in the store. Prices slashed on ceramics of all kinds. Use your Charge* or Master Charge 2 miles west of Elginfield on Hwy. #7 Open Daily Mon.-Fri. 9 a.m. - 4:30 p.m. Cl JRRto^WlLITIES Temporary loans............................................... Accounts payable and acc?de*d llhbnities........ AfhoT* mirrnnf link!liiinc* L Accumulated net revenue (deficit) at the beginning of the year EXPENDITURES AND TRANSFERS Municipal expenditures General government....................................... Protection to persons and property.............. Transportation services................................ Environmental services................................ Health services.............................................. Social and family services............................ Recreation and cultural services.................. Planning and development............................ Other ............................................................... Total expenditure.............................................. Transfers Transfers to region or county........................ Transfers to school boards............................ Total transfers.................................................... Total expenditures and transfers...................... REVENUE BY PURPOSE Municipal purposes Taxation....................................,...................... Payments in lieu of taxes............................... Ontario grants.................................................... Other grants...................................................... Fees and service charges................................. Other .................................................................. Revenue to pay for municipal purposes............. Region or county requisition Taxation............................................................ Payments in lieu of taxes................................. Ontario grants.................................................... Other .................................................................. Revenue to pay the region or county requisition. School board requisition Taxation............................................................ Payments in lieu of taxes................................. Other ................................................................. Revenue to pay the school board requisition..... Total revenue....................................................... Accumulated net revenue (deficit) at the end of the year............................................. Analysed as follows: General revenue............................................... Region or county............................................... School boards.................................................... Special charges................................................ Special areas.................................................... Local boards...................................................... Municipal enterprises...................................... Statement of Capital Operations For the year ended December 31,1978 Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year........... CAPITAL EXPENDITURE General government.......................................... • Protection to persons and property.................. Transportation services..................................... Environmental services..................................... Health services................................................... Social and family services................................. Recreation and cultural services....................... Planning and development................................. Other................................................................... Total expenditure............................................... CAPITAL FINANCING Contributions from the revenue fund................. Contributions from reserve funds and reserves.................................................... Long term liabilities incurred............................ Ontario grants............................................... Other..............v.................................................... Total capital financing......................................... Unfinanced capital outlay (Unexpended capital financing) at the end of the year...................... CURRENT ASSETS Cash.................. Taxes receivable.... Accounts receivable Other current assets Capital outlay to be recovered in future years............................. Other long term assets................ 1978 Budget 56,801 1978 Actual $ 56,801 59,855 49,765 72,702 77,451 45,795 30,935 115,140 81,274 325 275 464 464 45,895 46,257 8,000 14 348,176 286,435 54,285 54,501 127,694 128,494 181,979 182,995 530,155 469,430 141,654 143,992 700 795 59,265 58,800 21,665 21,105 31,710 36,300 41,263 47,657 296,257 308,649 35,019 35,209 13,807 13,807 48,826 49,016 128.271 128.959 128,271 128,959 473,354 486,624 73,995 33,751 (26) (112) 13,418 1,630 25,334 73,995 1978 197? $$ 20,856 Nil 5,148 111,6565 1,352 9,288 278,479 5,658 565,734 180,863 970,305 187,873 66,890 10,801 40,000 645,157 25,316 47,658 130,900 799,705 167,017 191,456 20,856 29,080 194,852 8,558 6,058 287.984 9.643 325,622 210,553 193,456 24,702 73,759 51,907 592,837 287,162 Temporary loans................................... Other current liabilities '-.-I Net long term liabilities....................... Reserves and reserve funds................. Accumulated net revenue (deficit) and unapplied capital receipts................. Notes to the Financial Statements 1. Accounting Policies: • « (a) Statement of Revenue and Expenditure: This statement reflects the revenues and expenditures of the revenue fund and the following committees of council, local boards and municipal enterprises: Hensall Parks Board Hensall Waterworks System Hay-Hensall-Tuckersmith Fire Area Committee (b) Statement of Capital Operations: This statement reflects the capital expenditure of the municipality to be recovered from general municipal revenue of the municipality and its local boards and municipal enterprises as described in note 1(a). (c) Balance Sheet: This statement reflects the assets and liabilities of the revenue fund, the capital fund, reserve funds and the local boards and municipal enterprises as described in note 1(a). The assets and liabilities of enterprises that have not been consolidated are not reflected. (d) Fixed Assets: The historical cost and accumulated depreciation of fixed assets is not reported for municipal purposes. Instead the “Capital outlay to be recovered in future years” which is the aggregate of the principal portion of unmatured long term liabilities, capital funds transferred to other organizations, and the cost of capital projects not yet permanently financed, is reported on the “Balance Sheet”. (e) Municipal Enterprises: Municipal enterprises are those activities whose costs are substantially recovered from service charges on the users. The enterprises of this municipality whose revenues and expenditures have not been consolidated in these financial statements are: Hensall Electrical Utility (f) Charges for Net Long Term Liabilities: Debt retirement costs including principal and interest are charged against current revenues in the periods in which they are paid. Interest charges are not accrued for the periods from the dates of the latest interest payments to the end of the financial year. 2. Capital Outlay to be Recovered in Future Years: (a) Some capital outlay to be recovered in future years does not represent a burden on general municipal revenues, as it is to be recovered in future years from other sources: Municipal Enterprises 1978 $2,000 38.105 401,054 2,000 115,788 73,995 592,837 38,105 3,846 188,410 E E E = E E S s = s E E E i E E E E * E E E E == I E E s = = = ^Capital outlays, including fixed assets and the transfers of capital funds in the amount of $66,890. which have been financed from general municipal revenues of the current year, are reported on the “Statement of Revenue and Expen­ diture”. 3. Reserve bunds: (a) The Statement of Revenue and Expenditure does not reflect the following revenues for the year which were credited directly to reserve funds: Income from Investments Ontario Home Renewal Plan 1978 $3,466 $3,466 $31,818 4. Net Long Term Liabilities:* (a) The balance for net long term liabilities reported on the “Balance Sheet” is made up of the following: Total long term liabilities incurred by the municipality and outstanding at the end of the year amount to Net long term liabilities at the end of the year $2,000 $2,000 5. Accumulated Net Revenue at the End of the Year: The balance in the revenue fund at the year end is available to reduce (to be added to) the levies of the following classes of ratepayers: General Ratepayers Designated Ratepayers School Board Ratepayers County Ratepayers $73,995 1978 1977 $33,751 $13,227 40,382 38,692 (112)(577) (26)5,459 $56,801 6. Charges for Net Long Term Liabilities: Total charges for the year for net long term liabilities were as follows: Principal Payments Interest 1978 1977 $1,846 $1,792 330 474 J2J76 $2,266 Of the total charges shown above $906. were paid from general municiDal 4 revenues of the municipality and are included in expenditure on the “Statement of Revenue and Expenditure” classified under the appropriate functional headings The remaining $1,270. were recovered from municipal enterprises for which the mentGd long term liabiIities were incurred, and are not reflected in the state- 7. Contractual Obligations: The Village of Hensall has entered into a service agreement with the Ministry of the Environment for the supply of sewer services. Under agreement dafpd February 10th, 1975, the Ministry of the Environment will bill the village monthly at a current rate of 61.8* per 1,000 gallons pumped. The total billing for 1978 am- mounted to $15,911, and is included in expenditure under Environmental services - Sanitary Sewer System. Ontario Municipal Board approval has been obtained approving the constrction of a system of storm sewers within the village at an estimated cost of $535 000 and the issuing of debentures to finance this project for a sum not exceeding $300 000 As at December 31st, 1978, $278,479. has been expended on this program and a capital bank loan amounting to $212,000. has been obtained and is outstanding to help finance this project. lo 8. The Anti-Inflation Act: The municipality, its local bohrds and commissions are by agreement between the Government of Canada and the Government of the Province of Ontario dated January 13tL 1976, subject to The Anti-Inflation Act (Canada) and the national guidelines. This legislation limits increases in compensation payments effective October 14th, 19)5. This limitation was removed Aprft 18th, 1978. CtlVe = = E E s =