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Spring Prom Crowns Miss Courtice Section Two The Canadian Statesman, ]Bowmanville, May 22, 1974 5,. THE NORTHUMBERLAND AND NEWCASTLE BOARD 0F EDUCATION AUDITOR'S REPORT We have examined the Balance Sheet of The Northumberland and ýNewcastle Board 'of In our opinion these Financial Statements present fairly the financial position of the Board Education as at December 31, 1973, the Revenue Fund - Statement of Operatian and the, as at December 31, î973and the resutsofits operations and the source and application of its Statement of Source and Application of Capital Funds for the year then ended. Our capital funds for the year then ended, in accordance with accounting principles generally examination included a general review of the accounting procedures and such tests of accepted for Ontario school boards applied on a basis consistent with that of the preceding accounting records and other supporting evidence as we considered necessary in the yea r. ci rcumstances. SHARPE, LANGHORNE, TOWNSEND & CO. COBOURG, ONTARIO Municipal Auditors MARCH 29, 1974 License No. 071 BALANCE SHEET as at DECEMBER 31, 1973 Courtice Secondary School held its Spring Prom Friday night at the Thunderbird Golf and Country Club near Brooklin. Pat Woodley (centre) was crowned "Miss Courtice". Mary Christensen (left) was the first runner Up, and Kathy James (right) the second ruùnner up. KENDAL, ASSETS Current Assets Cash lnvestments at Cost Accounts Requisitions Muniipalities Under-Reqisitions Supplementary Taxes, etc. Other School Boards Government of Ontario Govern ment of Canada Other Due from other Funds Capital Reserve Revenue Prepaid Expenses Other Current Assets Total Current Assets Fixed Assets Land Buildings Furniture and Equipmnent Projects in Progress Buses Other Other Assets Revenue Capital Fund Fund LIABILITI ES Current Liabilities 28,483 - Bank lndebtedness Accounts Payable Municipalities Over-Requisition Other School Boards 153,329 Govern ment of Ontario Govern ment of Canada 73,780 Trad es Payable and Accrued Liabilities 1,258,647 Debt Charges Due and Unpaid 4,137 Due ta other Funds 20,833 Capital Reserve Revenue 24,827 Other Current Liabilities _______Total Current Liabilities 26,004 1,561,557 28,483 877,475 38,640,110 5,410,465 249,778 47,241 174,446 1,561,557 45,427,898 Long-Term Liabilities Unmatured Debeniture Debt Less Sînking Fund Deferred Incarne Reserve for Working Funds Equity in Reserve Funds Other Investments in Fixed Assets Revenue Capital Fund Fund 580,562 168,849 23,103 414,198 24,845 1,211,557 16,779,715 43,440 3,252 24,827 71,519 16,779,715 350,000 28,576,664 1,561,557 45,427,898 The May meeting of the Kendal Women's Institute met on Wednesday evening at the home of Mrs. Garland Ca th- cart with eleven members present. The Wpinutes wene read and adopted. The finan- cial report showed the Penny Sale cieared approximately $320. and the balance at the end of the Institute year was $23195. Mrs. J. Henderson and Mrs. A. Dennis were in charge of the program. The roll cal was answered by naming a commonly used item its cust- omary unit of measure and its metric measure. Mrs. Hend- erson introduced the guest speaker Mr. Kenneth' Dyke- man Wha svoke on the Metric Systemr. Mr. Dykeman works -Mh the Gage Educational bisngCa. and was well informied on this subject. be had units of measure ta demonstrate such as the Metric tape measure, bath- roam scales in kilograms, a litre >measure etc. With the Celsius thermometer a fine day is between 20 and 25 degrees also body tempera- ture is 37 degrees. Making a quilt for the Clarke Museum was'discussed but it decided Mi IIlûf;eA LY not ta make one thîs summer. About eight ladies expressed their desire ta go with the Hampton ladies on the bus trip ta the Erland Lee Home in dune. New programs are ta be made up by the president and secretary. Mrs. K. Dykeman vlunteered ta look after typing them and making them up into booklets. Lunch was provided by Mrs. A. Foster and Mrs. Wm. boy. The dune meeting is ta be at the home of Mrs. J. Henderson. Mother's Day guests with Mrs. W. H. Foster were Mr. and Mrs. Jerry Byers and family of Welcome, Mr. and Mrs. Bob Carruthers and family of Bowmanville, Mr. and Mrs. Jack Fonk and family, Mr. and Mrs, Wayne Foster and farinly, and Mr. and Mrs. Tom Foster. Guests with Mn. and Mrs. Art Low last Tuesday were Mr. and Mrs. Jack Philips from Vancouver B. C. who were returning fnom a trip ta Flanida also vîsiting in Ham- ilton and Toronto. At church on Sunday monn- ing the chair sang 'Trust and Obey' while- the Rev. G. Mantgomery spoke on the subject Give Thy Service an Understanding Heant. Mr. Montgomery told of his week at Bay of Quinte Conference. He was glad ta report Mr. Ralph Hilîs, une uf'the men who had been taking services in Kendal this past four months, also who is a student at Queen's Theolagical Cal- lege in Kingston had won the highest honors in the Homi- letic Class ai preacfling. Mr. His also won the $350.00 scholarship for a trip ta Scotland ta St . Andrew's College and Jona Abbey. Open bouse was held in Newtonville parsonage an Sunday afternoon. There was a big turn out ta meet the Rev. and Mrs.i G. Montgomery in their newly decorated home. Miss Catherine Stewart was in charge of the àuest book while ladies from ail three points of the charge assisted by pouring tea and serving lunch. Miss Helen Boyd was taken ta Bowmanville 'Hospital on Saturday. We hope she will soon be feeling well again. Misses Margaret Seens of Ottawa anid Clara Seens of Peterborough -spent the week- endi with Mr. and Mrs. R. Elliott. Miss Peggy Foster who recently campleted bier course at Durham College on Journa- lism moved ta North Bay last Thursday where she is now warking la the North Bay Nugget office. On Monday afternoon there was a two car collision on the junctian of the 7th Line and the Newtonvilie road. Miss Peggy McKenzîe, daughter of Dr. Norman McKenzie who was a passenger in one of the cars had ta be taken ta hospitai. Bath cars. receivèd consider- able damage., Dr. and Mrs.- Norman MeKenzîe, of Toronto, were at their cottage over the week- end. C.S.S. News VIRTUE FUELS TYRONE R. R. 5 - Bowmanville PHONE 263-8431 May 11, 1974 The Ontario Open Handball Tournament was held this past weeký and aur newly- formed team campeted in this rather unknawn spart. AI- though aur Caugars only won one game, they fared well, considering that they were playing university level squads. Perhaps next year the tournaments they campete in A&BERNETHY'S PAlIN AND WALLPAPER PHONE 623-5431 55. KYNG-WEST -BOWMANVILLE will be more controlled in age level. Aithough the weather this year hasn't been the best for aur Rugger teams, they have been able ta compete in al scheduled games so far. On May 8 aur Jrs. were defeated by Anderson 14-0. However an Thurs., they came back ta conquer bath the Dunharton- teamn and mud with a 4-0 victory. Since the activity periad has been an, addition in aur timetable a variety of m ira- mural sports have been able ta take place. The girls volley- bail champs were finally decided after -a six-week scheduie with the Jr. and Sr. victors being 9-3 and 12-2 respectivelV. On Thurs., May 9, a Night of Music, was heid. This was the first officiai concert of ail the C.S.S. bands under the new department head, Mr. A. Shaw. Each band played a variety of selections ranging from contemporary ta cias- sical. Reg Carr, Cam Creigh- ton and Bob Beckell also provided musical entertain- ment on guitar and banjo. A very successful evening was the resuit of much planning and effort. Last faîl (as some stadents fondiy remember) theré was a work-to-ruie plan. Because of this the Student Council's annual fund raising efforts were postponed. flinally, how- ever, on Fni., Ma y 101h the Bike-a-thon took place. Each student gathered pledges per mile and rode the 10 mile course as many times as possble in two. hours. Dave Cook cycled the farthest for the boys chalking up 40 miles ta his credit and Jane Barlow took top honors for the girls gaing 30 miles. The actual financial resui ts won't be avaîlable for a few weeks, but since the participation was s0 high, it was sure ta be successful. -Sue Vice EXPENDITURE Business administration Computer services Instruction Educational services Attendance, health and food services Plant operation Plant maintenance Transportation Tuition fees Capital Expenditure (non-aI locable) Other operating expendîture' Debt charges on capital borrowing Non-operating expenditure excl uding transfers f0 reserves Recavery of Expenditure O+her school boa rds Government &fOntario, tuitian fees and miscellaneous Government of Canada Individuals (1) Other Revenue, exc luding transfers from reserves Total Recovery of Expenditure NET EXPENDITURE EXPENDITURE Business administration Computer services 1Instruction Educational services Attendance, health and food services Plant aperation Plant maintenance Transportation> Tu ition f ees Capital expenditure (non-al locable) Other operating expenditure Debt charges on capital borrowing Non-aperating expenditure excluding transfers to reserves Total Expenditure Recavery of Expenditure Other School board s Govern ment of Ontario, tuition fees and miscellaneous Govern ment of Canada Individuals (1) Other Revenue, excluding transfers ftrom reserves Total Recovery of Expenditure NET EXPENDITURE SOURCE Unexpended funds at beginning of year Lang-term liabilities Sold ta Education Capital Aid Corporation (par value) Sold ta the public (par value) Premium an debentures Discount an debentures Reimbursements from Governments Canada Ontario Capital Expenditure f rom the revenue f und Federal sales tax ref und Balance at the end of year not permanently f inanced 1TOTA L 144,485 62,874- 7,060,702-. 51,239 88,832 893,044 269,752 647,420 714,857 29,839 86,213 1,185,488 11,918 11,246,663 27,141 5,425 12,947 40,121 62,299 147,933 11,098,730 205,938 Government of Ontario 35,093 7,527,804 General Legislative1 124,829 6,620 1,082,458 Local Taxation 602,716 1,045,494 1972 Over (under) r& 27,454 (2) Local taxation ra 31,961 Decrease (increase) >103,720 1,218,131 12,158 - 12,024,376- Financing of Net Expenditure Government of Ontario General Legislative Grants Local Taxation 1972 over (under) requJistion (2) Local taxation raised in 1973 Decrease (increase) in reserve Net Under <Over) Requisition required ta, be Applied ta 1974 Taxatian TOTAL 8,00-,178 107,854 3;'223, 151 (150,000) 31805 (83,453) 111,098,730 (1) Other Revenue includes transfers from the capital fund, proceeds from the sale of assets, insurance dlaims, earnings on temporary investment, reimbursement for services and other miscellaneous items that are in the nature of recovery of expenditure. (2) Local Taxation includes the total of the 1973 requisitions on municipalities, sup- plementary taxes, license fees for traîlers,,taxes levied directly b'y school boards, and any other bmounts provided by municipalities over and above the requisition, C oher than amounts in respect-of sale of assets to a Municipality or revenues from shared cost programs. Balance at beginning of year not permanently financed Fixed assets and work in progress 75,062 Buildings Furnitureand equipment 293,000 School sites Improvement of school sites _______Buses Other (Specify) 293,000 66,860 66,860 233,979 171,515 43,036 883,452 295,211 345,784 203,621 23,940 31950 10,946 588,241 Other Applications Cost of Issu ing Debentures Transferred to revenue fund, Unexpended funds at end of year TOTAL H. N. SHEPPAÀRD Chairman of the Board 883,452 ,W. F. THOM Director of Education and Secretary DGrants -quisition -ised in 1973 D) in reserve 76,577' 3,292,041 Net Under (Over) Requisition Required ta be Applied ta 1974 Taxation 11 TOTAL 32,104 104,834 20,576 251 8,512,286 3,368,618 (85,396) 11075008 ()OtherRevenue includes transfersfrom the capital fund, proceeds f rom the sale of assets, insurance dlaims, earnings on temporary investment, reimbursement for services and other miscellaneous items that are in the nature of recovery of expenditure. 71,103 228,868 ><2) Local Taxation includes the total of the 1973 requisitions on municipalities, supple- mentary taxes, license fees for trailers, taxes levied directly by school boards, and 11,795,508 any ather amounts provided by municipalities over and above the requisition, other than amaunts in respect of sale of assets to a Municipality or revenues from shared cost programns. REVENUE FUND STATEMENT 0F OPE RATIONS FOR ELEMENTARY SCHOOL PUR POSES FOR TH E YEAR END ED DECEMBER31, 1973 Financing of Net Expenditure REVENUE FUN DSTATEME NT 0F OPE RATIONS FOR SECONDARY SCHOOL PU RPOSES FOR TH E YEAR ENDED DECEMBER31, 1973 FOR THE VEAR ENDED DECEMBER 31, 1973 APPLICATION