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The Acton Press Wednesday librarian Ken Ellis demonstrates the unit which on loan to the New hydro rates disturb resident The new Hills Hydro Commission hasnt explained Its new rates too well councillors and an resident feel Mrs John Sprowl Eastern Avenue at tended Fridays ward one councillors dropin to discuss the hefty in crease in her first power bill from Hills Hydro Councillors Ross and Terry Grubbc noted they t on the Hydro Com mission and advised the woman contact the local office for fills Hydro on Alice Street Mrs com plained her bill is up or over what she used to pay to the now defunct Acton Hydro Com mission It was explained to the woman that Acton and Georgetown rates went up while using went down when the new Halton Hills Hydro was born Georgetown and Acton customers were paying less to their muni commissions than residents paid Ontario Hydro These rates are be yond reason Mrs Sprowl declared The councillors noted the new rates were reviewed in a brochure sent out to customers by Hills Hydro but the reasons for the changes equalizing of hydro rates throughout the town werent made entirely clear Four generations gathered for the Wedding Anniversary of Jan and Maria Kranendonk Front row grandson Tom Mrs Kranendonk holding greatgrand daughter Corlne Burns Jan Kranendonk holding greatgrandson Teunts Jr grand ion SJonnle Back row Leo and fiancee Karln DcnBlcker son Tcunla and wife son Jan and wife granddaughter Mary Bums grandson Jan Jr and wife Sandy Four generations at Kranendonks 50th Four generations of Kranendonk gathered for the Wedding Anniversary of Jan and Maria at their Acton home Thursday afternoon Married June in Rotterdam Holland the couple Inter moved to Canada where they lived in St John Quebec British Columbia and finally their rural home between Acton and Georgetown After leaving Holland Mr Kranendonk cont inued with his Dutch tradeof furniture making in Canada He has been retired for five years The couple have two sons Jan and Jan with his wife Corrie two sons and daughter in law tobe came from Holland to celebrate the occasion with his par en Is Teunis and wife Corrie live In Acton In order for marriage to survive you must give more than you take according to the couple Otherwise youll only stay married about three to six months which of ten happens today Mr added NOTICE OF Planning Workshop to discuss future planning policies for the BALLINAFAD COMMUNITY The purpose of this workshop is for residents of the community to review background materials collected on the community and obtain input on resident preferences for future growth The workshop will be held in the COMMUNITY HALL JUNE 19 1980 from 230 pm pm and 730 pm 930 pm Residents of Ballinafad are urged to attend this important meeting Erin Township Clerk class uses twoway Telidon TV system When Canadas two- way TV system is tested later this year in Washington some Acton students will be able to say they used it first in class Computer science students at Acton High School have had the use of an early model of Telidon unit since February Telidon appears to be modified television set It is operated by a keypad which looks like a pocket calculator Students have been able to use the device to call up information from Hire a student The week of June to will be Hire a Student week in Hilts The idea of a Hire a Student week was proposed by the Canada Employment Centre for Students in Georgetown which serves all of Halton Hills including Acton and was approved Monday by Halton Hills general com the central Ottawa computer The computer sends back information in printed form on the screen plus graphics AHS librarian Ken Ellis noted the clarity of the graphics one of the features which helped sell to the Americans Elite sold he hopes students will soon be able to deposit information in the computers data bank There have been problems with the keypad so the unit has not been in use for a couple of weeks In the fall a newer version is being produced which will allow twoway communication Ellis hopes to get one for the school The early model which the school uses to students in computer science classes arrived at the school mainly through the interest of principal Wally and teacher Hick Boy- chuk They saw at a under testing in homes quick selection and computer show last fall librarlcb and school in display of information They liked what they Ontario from saw so they asked The unit the libraries the stock company officials how to school has on loan market and other go about getting a set receives messages sources It Just happened that through Bell telephone The twoway TV has officials were wires Later models may recently been selected by hoping to test its unit in use television waves as a for testing in the field has one of means of transmission department of com about units which arc permits the munlcatlons FriendsinDeed Washington was developed by the federal Ltd of Pakenham Ontario near and Electro- home Ltd of Waterloo are supplying equipment for the American tests while the department and The Washington tests are sponsored by the Public Broadcasting Service and the National Telecommunications and Information Administ ration Member bowling winner by Tina Noel Four members Sophie Shirley Krantz Anne Dodds and Mary went to the handi capped bowling tourna at Creek on Sunday May Congratulations to Sophie who won the first door prize a bucket of Kentucky Fried chicken Sophie also won the second for bowling a trophy and We welcome Bud Tost from Georgetown as a new member in our organization Swimming session ore still going every Sunday between a m and 12 and is open to everyone who needs water therapy The fee is cents We still need a lot of cash register tapes from Zehrs and Dominion stores toward a free wheelchair Our next meeting will be on June in form of a pot luck supper at the home of Mrs Grace Her address Is Cameron Street Acton If you dont know how to get there give Mrs Townsley or Mrs Courtney a call This will be our last gathering before the summer Bill to developer Eramosa Township is studies billing Park Edge Developments of Rock May as well try and wood for all the costs to collect said date for the engineering John McLeod DONT SETTLE FOR LESS The Fantastic VW RABBIT and Automatic OPEN SATURDAYS MOTORS no GEORGETOWN ROMAN CATHOLIC SEPARATE SCHOOL BOARD FINANCIAL STATEMENTS AUDITORS REPORTS BALANCE SHEET DECEMBER 31 1979 ASSETS CURRENT ASSETS 1978 Cash Investments at cost Accounts receivable Under requisitions 42 Other 739 Prepaid expense Other current assets CAPITAL OUTLAY TO BE RECOVERED IN FUTURE YEARS LIABILITIES CURRENT LIABILITIES Bank and other short term borrowing 1623000 Accounts payable and accrued liabilities Over requisition Other Debt charges due and unpaid Other current liabilities 1774 NET LONGTERM LIABILITIES Note 2 EQUITY IN RESERVE FUNDS 4644 8270412 Approved on Behalf of the Board C G J Director of Education Chairman of the Board The accompanying notes form an Integral part of the financial statements REVENUE FUND STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31 EXPENDITURE 1979 Business administration Instruction Educational Services Attendance health and food services Plant operation and maintenance Transportation Tuition fees Capital expenditure Other operating expenditure Debt charges and capital loan Interest Note 3 Nonoperating expenditure excluding transfers to reserves Total Expenditure RECOVERY OF EXPENDITURE 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 Previous years overrequisition Local Taxation raised in the current year To be applied to the following years taxation Net overrequisition TOTAL The accompanying notes form an integral part of the financial statements CAPITAL FUND STATEMENT OF OPERATIONS FOR THE YEAR ENDED DECEMBER 31 1979 CAPITAL EXPENDITURES 1979 19 Fixed assets and work In progress Buildings furniture and equipment School sites and improvements to sites Pupil transportation vehicles Other Less federal sales tax refund TOTAL CAPITAL EXPENDITURE CAPITAL FINANCING Unexpended funds at beginning of yearor balance at beginning of year not permanently financed Long term liabilities Capital expenditure from the revenue fund Balance of end of year not permanently financed or unexpended funds at end of year TOTAL 335 118 112140 15540 14 1321369 193531 133900 40521 108 14284 7969 7224 115 109 121518 2695432 13636245 121881 246382 NOTES TO THE FINANCIAL STATEMENTS DECEMBER 31 1979 NOTE ACCOUNTING POLICIES fa Accrual Accounting The accrual method for reporting revenueand expenditure has been used with the exception of reporting of charges for net long term liabilities Principal and interest charges are not accrued from the due date of payment to the end of the fiscal year lb Fixed Assets Fixed assets arc charged to current expenditure unless financed by long term debt Prin and interest charges on net long term liabilities are included in expenditure in the period due Fixed assets are included on the Balance Sheet only to the extent of the related net long term liabilities balances outstanding and of the related temporary financing at the end of the year For 1974 and prior years fixed assets were reported at cost NOTE 2NET LONG TERM LIABILITY REPAYMENTS Of the net long term liabilities outstanding of 6 principal amounting to plus interest amounting to Is payable over the next five years as follows Principal Interest 1980 1981 514952 120 1982 2 1667229 NOTE 3DEBT CHARGES AND CAPITAL LOAN INTEREST The Revenue Fund expenditure for debt charges and capital loan interest includes principal and Interest payments as follows 1970 Principal payments on long term liabilities 508234 493447 Interest payments on long term liabilities 477153 413927 Interest payments on temporary financing of 1034466 Total 923072 NOTE CONTRACTUAL OBLIGATIONS At December 31 1979 there were contractual obligations of approximately for the completion of school projects Capital expenditures Incurred to December 31 relating to these projects amount to 117000 Subsequent to the yearend the Board received debenture proceeds the amount of to finance theschool projects AUDITORS REPORT To the Chairman and Members Halton Roman Catholic Separate School Board We have examined the balance sheet of the Halton Roman Catholic Separate School Board as at December 31 1979 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 ac cepted 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 Halton Roman Catholic Separate School Board as at December 31 1979 and the results of its operations for the year then ended in accordance with generally accepted accounting principles for Ontario school Boards applied on a basis consistent with that of the preceding year Burlington Ontario March 31 1980 Chartered Accountants Municipal Auditors Licence No 102 Published by The Halton Roman Catholic Separate School Board as required by Provincial Legislation