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Acton Free Wednesday May Villagers rustle services Eramosa chases cheats supposed to pcd up after revelations when they hook Plumbing inspections will be step- give the township that some residents have plumbing inspector Carl been getting free water Meadows said in a and sewer services telephone interview Mon- residents have day not notified This is some of the Township when they problem These we have hooked up to the sewer to inspect Meadows and water system So indicated the township they have not been billed has a good idea who the negligent residents are Reeve Dave Mass on urged council conduct an audit plus an inspect ion Itll be a few days yet before we start Meadows said Councils attention was drawn to the matter May when flock wood resid ent Audrey said- Eden Mills Wecome Pearson family by Mrs Order of the Eastern Star Day with Joans mom Congratulations to Mr In Guelph this week Jean Mrs Archibald and Mrs Doug Beat tie on is a very dedicated mem Mr and Mrs Jamie be r of this group Douglas Mornie and granddaughter a play- Sincere get well wishes wore mate for their three go out to Ted Barden who guests of their grand grandsons Proud par- is home recuperating mother Mrs J from an operation at son for Mothers Day of Rockwood Hospital In Rev Carrie A welcome to the Toronto planned a lovely Christ- community is extended Mr and Mrs Harvey Ian Family Day service to Mr and Mrs Robert Link and Mr and Mrs with the Sun Pearson who have pur- Fred attended day School children and chased the former Leslie church service at some of the mothers tak- farm by the church Hill Church on Sunday an active part Mrs Mrs Terry Cole was in witness the christening of William was Chicago Illinois this Catherine Boles young organist for the day week on a business trip granddaughter of the Some of the moms for the firm she works for Units and reception at from here were kept very in the home of Mr and Jim busy at the successful Congratulations to Boles bazaar held by the Rock- Mrs Fred who Mr and Mrs Manse wood Cooperative her w5 year pin were in Toronto School at Centennial from Chapter on Sunday for Mothers school on Saturday Leaving for the International Camperee at Woodstock Friday are the 1st Scout Troop of Bob Hamilton leader Kevin March Assistant Leader Lee Kane Kevin Galley Trevor Bob Meyer Lilly Hon Hammond Herb Farr Mike Robin Johnson David Jones and Chris Hughes Dan Harry storey movie and loads of excitement this weekend re coming to your place Starting rows bylaw from ministry township I know of two or three for residents to come services whove used water and In and sign When So anyone who have not dows inspects a home he doesnt nave a permit clerk Lloyd told been billed and have not mokes out the appiic- will be back billed If councillors a permit and yet theyve ation for a permit They theyre laughing think- We should push them been inspected by Carl have to sign it theyre getting away forananswer Meadows The oldest application Meadows was not at dates from last fall he the council meeting when said That doesnt mean Mrs spoke they should be billed for In a later interview it because it may not bo Meadows said the site hooked up be inspected the dows day the contractor put in Billing dates from the sewers when the house is hooked Using a general up to the system The example Meadows said township doesnt know Theres been the odd when to start billing If re- person whose called at fail to Inform the night to say the con- municipality when they tractor is starting In the arc starting to use the morning and I wouldnt have the permits at home because they are in the office Theyd be told to come to the office and pick up a permit and been the odd one who has neglected to come in and weve had to chase them I always tell to come in as soon as possible In his office Meadows said he has 10 applic ations for permits wlth it theyre not said get one were on our the plumbing inspector own observed Delays within the John McLcod provincial ministry of the You cant force environment have fur people to hook up bo ther clouded the picture cause we dont have the officials arc waiting for the province to issue a list of to the water and I sewer hook up At one time everyone had to Join the system Two months ago I I asked for a copy of the bylaw were in a Catch situation deputy reeve said He went on to say I like to think our em ployees do a good job and that this situation doesnt exist However its pos sible for someone to have the service brought into the house but hook up later on SELF THE MENTALLY RETARDED Support the Flowers of Hope HONDA CIVICS J J Novak GEORGETOWN 106 Gualph St on Hwv Post Office DENTURE therapy CLINIC or 7912314 for a hatchback plus PDI freight tax t license J OPEN SATURDAYS BAZ MOTORS LTD Sales and Service j 199 St Georgetown or SAVE ON POOL CHEMICALS 20 lb STABILIZED CHLORINE price lb STABILIZED TABS SAVE 38 OUR PRICE lb STABILIZED TABS oz SAVE OUR PRICE Full Lino of Chemicals and Accessories Available BRING THIS AD FOR FREE TEST KIT REFILLS WITH CHLORINE PUR Red CHARGEX Hour Service 8531800 THE BOARD OF EDUCATION 1979 Financial Statements Auditors Report Consolidated Balance Sheet as at December 1979 Current Assets Cash Investments at cost Accounts receivable Prepaid expense Other current assets Total Current Assets Capital outlay to be recovered In future years Total Assets Liabilities Current Liabilities Bank and othershort term borrowing Accounts payable and accrued liabilities Municipalities Over requisition elementary Over requisition secondary Other Other current liabilities Total Current Liabilities Net long term liabilities Reserve for working funds Equity in reserve funds Unexpended capital funds Total Liabilities ICO 1 49545804 175923 REVENUE FUND STATEMENT OPERATIONS THE YEAR ENDED DECEMBER Elementary Secondary Business Administration Computer Services Instruction Educational Services Attendance Health and Food Services Plant Operations and Maintenance Transportation Tuition Fees Capital Expenditure allocable Other Operating Expenditure Debt Charges and Capital Loan Interest NonOperating Expenditure excluding transfers to reserves Total Expenditure I cry f pen It re Other School Boards Tuition Fees and Miscellaneous Government of Ontario Tuition Fees and Miscellaneous Government of Canada Individuals Tuition Fees Other Revenue excluding transfers from reserves Total Recovery of Expenditure Net Expenditure Financing of Net Expenditure Government of Ontario General Legislative Grants Local Taxation current year Decrease increase for working funds Total To be applied to following years taxation Net over requisition Total 5136117 47930 3036506 30129 87589 64431 1002164 196424 Ill 11481 99899 15967 10470 40308451 160100 120 369 421496 40308451 43438047 CAPITAL FUND FOR THE YEAR ENDED DECEMBER C Expenditure Fixed Assets and Work in Progress Buildings Equipment School Sites and Improvements to Sites Pupil Transportation Vehicles Total Less Federal Sales Tax Refund Total Capital Expenditure Capital Financing Unexpended Funds at Beginning of Year or Balance at Beginning of year not pe rm a i need Elementary Secondary LongTerm Liabilities issued and sold Capital Expenditure from Ihe Revenue Fund Transfer to the Revenue Fund Balance end of Year not Permanently Financed or Unexpended Funds at End of Year Elementary Secondary Total 467685 1270402 230 NOTES TO FINANCIAL STATEMENTS ACCOUNTING POLICIES ACCRUAL ACCOUNTING he accrual method for reporting revenue and expenditure has been used with the of reporting of charges for net long term liabilities Principal and interest are not accrued from the due dale of payment to the end of the fiscal year FIXED ASSETS Fixed Assets are charged to current expenditure unless financed by Jong term debt Principal and interest charges on net long term liabilities are included in expenditure in the period due Fixed Assets Including Capital Leases described as capital outlay to recovered in future years are included on the Balance Sheet only to the extent the balances of the related net long term liabilities outstanding and of the related temporal financing at the end of ihe fiscal year LIABILITIES PAYABLE IN A CURRENCY Net long term liabilities payable in US A dollars arc stated at par value with Canadian dollar The amount outstanding at December 1979 is 1015400 US If the total of this liability is expressed in Canadian dollars at the exchange rate prevailing at December J the liability is increased by NOTE NO LIABILITY OR SICK LFA BEN a Under the sick leave benefit plan unused sick leave can accumulate and employees may become entitled to a cash payment on retirement after 10 yean of consecutive service with the Board immediately prior to retirement b Retirement gratuities paid in Retirement gratuities paid in 1979 These accumulated days to the extent that they could be used to determine the cash payment to an employee on retirement amount to No provision has been made on account of the sick leave benefit plan NOTE NO NET LONG LIABILITY REPAY Of the net long term liabilities outstanding of principal amounting to plus interest amounting to 12733593 is payable over the next five ears as follows Principal Interest Tola 2 1984 124 Total 385565 On December 31 the Board was in the process of negotiating a debenture amount financing the C Capital project The funds were actually received on February 1980 and term liabilities outstanding not reflected in the net long NOTE NO DEBT CHAR AND CAPITAL The Revenue Fund expenditure for debt charges and capital loan interest includes principal and Interest payments as follows Elementary Secondary Principal payments on long term 1516440 ijjojbJ Liabilities Interest payments on long term Liabilities 15200GG Interest payments on temporary financlngofcapitalprojects 3 NOTENO LIABILITIES a The contractual obligations contracts for construction of buildings which are significant and which are not reflected on the Board sbalancesheet amount to 3171216 Significant contractual obligations reported in the financial statements include the for salaries being negotiated for 1979 amounting to 736450 which Is based on the offer voted on by the secondary school teachers on February 1980 AUDITORS REPORT To The Supporters of The Hal ton Board of Education Wc have examined the Consolidated Balance Sheet of the Halton Board of Education as at December the Revenue Fund Statement of Operations and the Capital Fund Statement of Operations for the year then ended Our examination was made in accordance with generally accepted auditing standards and accordingly included such other tests and procedures as necessary in the circumstances In our opinion these financial statements present fairly the financial position of the Board as at December 1979 and the results of lis operations for the year then ended in with generally accepted accounting principles for Ontario school boards applied on a basis consistent with that of the preceding year MacGillivray Co CHARTERED ACCOUNTANTS Municipal licence number SOS The Helton Board of Education as required by Provincial Legislation