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Times-Advocate, 1978-11-23, Page 12Page 12 Times-Advocate, November 23, 1978 Hower arranging featured at UCW A very enjoyable evening was held by the members of the Friendship Unit of GOOD USE OF NEW PIANO The new piano was again put to good use at the Seniors’ meeting Thursday afternoon when Dora Thompson played many numbers as members were assembling and also for opening the meeting with the singing of "O Canada”. The president, Mary Kooy, presided for the brief business meeting when the social convener, Edythe Murdy asked that monies for both the Christmas dinner and the bus trip to see the Simcoe lights, be brought in to the meeting this after­ noon, Thursday. Dora Thompson and Muriel Coblei gh were ap­ pointed to act as the program committee for the Christmas party December 14, at the Shillelagh with dinner at lp.m. A reading was given by Mrs. Cobleigh stressing the need to use every waking minute of every day to the very best advantage. Mrs. Cobleigh also led the group in a very enjoyable singsong. A donation of $25 toward the piano was received from an anonymous friend fpr which the group is most ap­ preciative. Lucan United Church, in the C.E. Wing on Wednesday evening when Mrs. Arthur Hodgins of Clandebove assisted by Mrs. Don Miller demonstrated the arranging of very dainty floral baskets from’ dried leaves and flowers on a pine cone base The members each made a basket, some on an autumn theme others with a Christmasy touch. Mrs. Hodgins donated the one she made which was. in turn, given to Mrs. Keith Brown, who, whil much improved, was not able to attend the meeting. Plans were made for com­ pleting more cookbooks for sale at the bazaar and also plans were finalized for operating the tea room at the same bazaar. The leader. Mrs. Jack Ryan, presided for the business meeting, and the worship period, on a Christmas theme, was taken by Mrs. Ian Wallace. The election of officers resulted as follows: unit leader, Mrs. John Forster: assistant. Mrs. Fred Cow­ drey; secretary. Mrs Miller: treasurer. Mrs. Ian Wallace.SNOWFLAKE BAZAAR ARTICLES — The Lucan UCW Snowflake bazaar was a real success Saturday afternoon. Shown with some articles for sale are Lily Young, Anna Maguire and Flora Kernick. T-A photo TOWNSHIP OF BIDDULPH AUDITOR'S REPORT TO: The Members of Council, Inhabitants and Ratepayers of the Corporation of the TOWNSHIP OF BIDDULPH. We have examined the consolidated balance sheet of the Corporation of the Township of Biddulph as at December 31, 1977, and the consolidated statements of revenue and expen­ diture and capital operations, for the year end ended. Our examination was made in 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 consolidated financial statements pre­ sent fairly the financial position of the Corporation of the Township of Biddulph as at December 31, 1977, and the results of its operations for the year then ended in accor­ dance with accounting principles generally accepted for On­ tario municipalities applied on a basis consistent with that of the previous year, Kime, Ditchfield, Mills & Dunlop. T Chartered Accountants London, Ontario, July 28,1978, Licence Number- 777. Statement of Revenue and Expenditure for the year ended December 31,1977 / Harold Davis and Miller McCurdy of Kirkton. Mrs. Elizabeth Knight. Rodney was a Sunday visitor with her daughter and son- in-law. Joan and Joe Cun­ ningham and girls. Half of area accidents involve only one vehicle To the electors of the village of Lucan a sincere thank-you for my re-election. I will do my best to repay your confidence. Gary McFalls A sincere thank you for your support in Monday's election. I will continue to work in the best interests of all ratepayers. Pat Crunican Thank You I would like to take this opportunity to express my sincere thanks for the support I received in the recent elec­ tion. Especially to those who worked so loyally on my behalf. I will con­ tinue to give residents of Biddulph township the same dedication in the future as I have in the past. Wilson Hodgins BINGO LUCAN ARENA a Thursday, November 23 Doors Open 7:15 P.M. Early Bird 7:45 P.M. Regular games, Midway special, share the wealth, stand up, etc. Jackpot $350-55 calls Admission 75' - Proceeds for Arena License No. 234700 Bingos will continue each Thursday night.< . ■ __________-J Two of the four accidents investigated this week by of­ ficers of the Lucan detach­ ment of the Ontario Provin­ cial Police involved only one vehicle. Friday at 11:30 p.m. a vehicle driven by Penelope S. Emery. London left Coun­ ty road i6 near County road 27 and struck the ditch. Constable J.A. Wilson listed damages at $400. At 12:30 p.m. Monday a vehicle driven by Clara I. Proctor. London struck a pole on the shoulder of the highway at the intersection of Highways 7 and 23. Damages were listed at $1.- 000 by Constable W.R. Disher. Vehicles driven by Jac­ queline Hindmarsh and Ronald J. Simpson, both of RR 1. Lucan coll’ded on Highway 4, 1 5 kilometers south of the Lucan village limits. Constable Wilson es­ timated damages at $425. Friday at 8:55 p.m. Constable Wilson in­ vestigated a crash on Highway 4. just north of Highway 7. The drivers in­ volved were Harold W. Mawson. RR 3. Ailsa Craig and Gerardus Van Bussel, RR 3. Lucan. Damages were set at $1,100. Yellows beat Blues Smile! You shouldn’t judge a modern girl by her clothes: there really isn’t enough evidence. In this week's rec league games Reds defeated the Greens on Brad Taylor’s four goals and in a real barn­ burner Yellows came from behind to score a 5-4 deci­ sion over the Blues. In the first game the Reds and Greens alternated goals in the first period with Daryl Wheat and Brett Fairweather scoring for the Reds while Don Coughlin and Don Murray replied for the Greens. In the second and third periods the Reds took charge scoring five goals. Brad Taylor scored four of these goals while John Pollard scored one from the point. Gord Moon added the other Green goal. Jim Thomas had five assists for the Reds and was named the games first star. Brad Taylor' and Don Coughlin were the other stars of the game. In the second game the Blues again had a quick start as in last week's game, This week it was 3-0 before the roof fell. Don Lankin, Bill Bashart and Chris Mouratzen scored early to establish the first period lead. In the second the Yellows staged their comeback. Mike Wraith started things going with an unassisted goal followed with goals by Bill Darling and Jeff Park. A disputed call whether a penalty shot should be awarded or not resulted in a minpr penalty and a powerplay goal for Ron Keys. With only two minutes ‘ remaining Chris Mouratzen scored his second goal of the game and the tying goal- for the Blues. It looked as if the Blues would manage at least one point but 30 seconds after Mouratzen’s goal, Gary Revington scored the winner for the Yellows. The Blues pulled goalie, Phil Lousden, but they were unable to gain the tie. Gary Revington. Chris Mouratzen and Mike Wraith were the three stars. 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............. Social and family services......... Recreation and cultural services Planning and development......... Total Expenditure Transfers Transfers to region or county..... Transfers to school boards......... Total transfers................................ Total expenditures and transfers... REVENUE 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................................. Ontario grants............................ Revenue to pay the region or county requisition.................. School board requisition Taxation..................................... Revenue to pay the school board requisition........... Total revenue................................ Accumulated net revenue (deficit) at the end of the year..-................................ Analysed as follows: General revenue..........................1 Region or county........................ School boards............................. Special charges.......................... Special areas............................. Local boards.............................. Municipal enterprises............... (50,002) (31,081) 1977 Budget $ 1L7701 1977 ' Actual $ (7,7702 1976 Actual $ 5,110 29,500 33,945 38,977 32,165 28,911 27,410 198,200 235,052 145,494 45,229 47,393 25,700 13,864 13,000 3,646 13,853 58,259 57,078 48,107 376,353 406,025 313,405 82,355 83,179 73,618 286,068 289,309 259,589 368,423 372,488 333,207 744,776 778,513 646,612 136,729 145,410 j 107,531 1,200 ■ 1,411 1,501 166,200 160,466 120,141 10,165 4,939 5,183 60,486 67,579 52,018 5,800 7,400 8,113 380,580 387,205 294,487 72,855 73,756 66,315 9,500 14,935 12,258 82,355 88,691 78,573 286,068 289,799 260,665 286,068 289,799 260,665 749,003 765,695 633,725 (3,543)(20,588)(7,770) (31,081) 21,850 27,362 21,850 5,208 5,698 5,208 (2,126)(1,297)(6,353) 275 784 275 2,331 (800)2,331 (2,333) (3,543)(20,588)(7,770) SNOWFLAKE BAKING - Many items of home baking were on sale Saturday at the Snowflake bqzaar sponsored by the Lucan UCW. Shown with some of the delicious articles are Honour Stanley, Alice Thompson, Agnes Hotson and Verna Ibbitson. T-A photo Statement of Capital Operations for the year ended December 31,1977 1977 1976 Actual Actual $$ Unfinanced capital outlay (Unexpended capital financing) at the beginning of the year..................................... 26,187 29,035 CAPITAL EXPENDITURE Protection to persons and property. 4,867 4,474 Transportation services.............. .43,096 26,025 Environmental services.............. 4,245 Planning and development.......... 510,091 136,135 Total expenditure............................ 562,229 166,634 CAPITAL FINANCING Contributions from the revenue fund. 77,395 30,499 Long term liabilities incurred..... 171,800 75,200 Ontario grants............................... 26,028 23,905 Other... ....................................... 58,282 39,878 Total capital financing........................ 333,505 169,482 Unfinanced capital outlay , . (Unexpended capital financing) at the end of the year..................................... 254,981 26,187 '1 DALEY’S WEEKLY COMMENTS Wi Get co-sports By SID DALEY Two dedicated Comrades in the persons of Carl Rummell and Gary Jones have consented to act as co- chairmen and get Branch 540’s winter sports program off the ground. As this progresses just keep an eye on this column for1 developments. The members of Branch 540 take this opportunity to thank all those who con­ tributed so generously thus making our poppy campaign so successful. A great big thank you to the, lovely ladies of our Auxiliary who provided such a delicious banquet. Also many thanks to our good friend Ross Haugh and his camera for the excellent coverage of our observances in last week’s Times Advocate. This year it was my pleasure to attend the St. Patrick School’s Remem­ brance ceremony. To ,«av that I was impressed is put- ting it mildly. I was overwhelmed. These youngsters really do remember. The character and imput they place into their program is ample proof of the fact. I left the school very humble and with thanks in my heart that it was not all in vain. In speak­ ing with Comrade Jim Simp­ son who visited the Biddulph Central School for the same reason, to attend the school’s Remembrance Ceremony came away with the same thoughts as I. As veterans all we can say is thank you teachers and students alike for your beautiful services and most of all for remembering. And that's 30 for this week remember — Skepticism is best when coupled with plans to improve. Z*..............."'X Decorate your home with beautiful CUSTOM DRAPES Choose the fabrics and the styles you want and Barb Whiting will custom make your drapes for you. You can also choose matching bedspreads and pillow shams. WHITING'S WAREHOUSE Main St. Exeter 235-1964 Balance Sheet as at December 31,1977 Assets CURRENT ASSETS . 1977 1976 $ $ Cash.................................................. 28,085 572 Accounts receivable........................ 30,197 40,395 Taxes receivable............................. 53,136 43,270 111,418 84,237 Capital outlay to be recovered in future years.................................. 719,198 360,542 Other long term assets.................... 4,183 _____ 834,799 444,779 Liabilities CURRENT LIABILITIES Temporary loans............................ 300,000 44,240 Accounts payable and accrued liabilities....................................... 32,010 16,594 332,010 60,834 Net long term liabilities.............. 464,217 334,355 Reserves and reserve funds........... 59,160 57,360 Accumulated net revenue (deficit) and unapplied capital receipts......................................... (20,588) (7,770) 834,799 444,779 Notes To The Financial Statements 1. Accounting Policies (a) Statement of Revenue and Expenditure This statement reflects the revenues and expen­ ditures of the revenue fund and the following local boards and municipal enterprises; Granton and Area Fire Department Granton Water Area (b) Statement of Capital Operations This statement reflects the capital expenditure of the municipality to be recovered from the general municipal revenue of the municipality and its local boards and municipal enterprises as described in not 1(a). (c) Balance Sheet This statement reflects the assets and liabilities of the revenue fund, the capital fund, reserve funds and local boards and municipal enterprises as described in note 1(a). (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 por­ tion of unmatured long term liabilities, capital funds transferred to other organizations, and the cost of capital projects not y^t 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. (f) Charges for net long term liabilities Debt retirement costs including principal and in­ terest 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: 1977 1976 Special charges on benefittinglandowners .... $719,198 $360,542 (b) Capital outlays, including fixed assets and the transfers of capital funds in the amount of $77,395 which have been financed from general municipal revenues of the current year, are reported on the Statement of Revenue and Expenditure. 3. 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 including those incurred on behalf of former school boards, at the end of the year amount to $626,217 Of the long term liabilities shown above, the responsiblity for payment of principal and in­ terest charges has been assumed by others for a principal amount of (162,000) Net long term liabilities at the end of the year $464,217 4. Accumulated Net Revenue (Deficit) 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... Region (County) ratepayers .................... 1977 1976 $(50,002) $(31,081) (513) (6,078) 5,698 5,208 27,362 21,850 $(17,455) $(10,101) 5. Charges For Net Long Term Liabilities Total charges for the year for long term liabilities were as follows: 1977 1976 Principal payments ....... $41,938 $34,697 Interest............................. 14,321 11,590 $56,259 $46,287 ^Of the total charges shown above $56,259 were paid from general municipal revenues of the municipality and are included in expenditure on the Statement of Revenue and Expenditure classified under the ap­ propriate functional headings. 6. The Anti-Inflation Act The municipality, its local boards and commissions are by agreement between the Government of Canada and the Government of the Province of Ontario dated January 13,’ 1976, subject to The Anti-Inflation Act (Canada) and the payments effective October 14,1975. 7. Borrowing Limit ' Temporary borrowings of the municipality have ex-’ ceeded the statutory limit provided by section 332 (2) of the Municipal Act. Granton And Area Fire Department Balance Sheet December 31,1977 (with comparative figures at December 31,1976) ASSETS ( v 1977 1976 Current: Cash............................................. $2,190 $561 Due from Township of Biddulph .. 800 Due from Township of Blanshard 1,180 Due from Township of London....... ........... 959 Total assets.............................. $3,370 $2,320 LIABILITIES AND ACCUMULATED NET REVENUE Current: Due to Township of Biddulph...... $4,170 Accumulated net revenue (deficit). (800) $2,320 Total liabilities and accumulated net revenue......... $3,370 $2,320 Granton And Area Fire Department Statement of Revenue end Expenditure For The Year Ended December 31,1977 (with comparative figures for the year ended December 31,1976) Statement of Revenue and Expenditure 1977 1976 Revenue Township of Biddulph..................$4,800 $3,600 Township of Blanshard................2,360 2,356 Township of London................2,579 1,918 Miscellaneous.............................426 414 10,165 8,288 Expenditures Salaries........................................3,678 1,972 Services, rents, etc......................4,740 4,516 Capital expenditure....................4,867 4,474 -13,285 10,962 Deficit for the year.........................(3,120)2,674 Accumulated net revenue, January 1.2,320 4.994 Accumulated net revenue (deficit), December 31................$(800)$2,320 Granton Water Area For The Year Ended December 31,1977 Revenue Water sale ............... $2,702 Expenditures Operation............................................... 640 Meters ........... 4,245 Salaries................... 150 Deficit for the year and accumulated —5 net deficit December 31,1977....................... $2,333