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.~ ORONO WEEKLY TIMES, WEDNESDAV, MAY_3rd, 1972 RII',ort From Oflltaiwa Iùîsse]1 C. lloney, Q.C. MP., J\No v;inmberland - Durhamn 1--l ' ýpîno3 you werepil ing U p î~lsunder a teeand lver V le -nî Ipirknd lgo i'i 1uples, five mnore dropped onto 'hie ground. J.et's suppoce also that, it wvas at very bîg iree and you n'rorke<Il )-'y lmbrd and filled several bar- r0,is wihapples. That would lbe reail achieve 'ut. But your friend v'eturd and found that there NVr'alxmo't as many apple.s on hIe "round a,' when you sfairt'd( ui the înorning- because more lortfalling. You're accu.sed of 'bcbig a la'zy incomDetent lott 1b'. 'vnethere are sui ton, maux' -uapples on the ground. The full 'br sare iqnored and you tan 4çotif'emned becaise the groîrnd tibicnvrcd ithapples: '1'is xac]y xplains ,; te Tr- reau aonvcrnmenit's problem overc xiofli)o nintand l1mw rit lins hanîTldà the economy. The unem- pboyed are the apples on the ground11. 'Ilie.governent aind the yvcîtînifiv 1. the person who fis q1ie barrebs. T-here is real growth îît mir ect)nofliy which creates S"barrels full' of neui jobs. Buit the apples keep tuinblirw -Aown w~ith too many unemployed ' veot after ail the new jolbs andu * ~eji easures taken Co hellp whho Itiare unexuployed. what's going on? Fiirstly, Canada had a baby bcoomi at the end of the Second World WTar. This meant an exý ggerac-.ýte<I dernaiid for new ee- .entarY schools in the fiflies, newx >î,ihseools and colleges in té ,ixties anld nKw Jobs in the bate mios, and early seventies. For exaniple, during the ba',t 12 nîlonthis our econorny to creat t' .ý249,000 new jobs. That sounds, great! But (hiring ttit-mmc ieper- iolwe lxid 246,000 new Job seekers enter the labor market ini Caniada. Barrels of jobs were creal cd but the new apples just kept tumbling down. There ai-e toda;y almost one quarter million ~ioopeople working than Mie 'ýegar igo but -the numbner uiieiii- .pboy" d is ahlnost tie same In the tmost recent fv ear priod over one million new jobs' have been created in Ctaa *This ineans Chat we have gener- î1ted more ncw jobs in Canada v'tuîïriiug this one reccut 'p"ri, thani have the conibined couintries of Bçlgium,' France, West Ger- mnnSweden, Italy, Netherlands and (reat Biitain with a popffla lion 12 times that of Canada. And yct :alon;g with this incaedibld neodwe've had the we -tom-n "Morid' s fastest growing labor ýforce too. 1h rlinmber of n',w peopîle --eeinlï crnployment lm Canada 15 increa- ýing twice as fast as West 'Gerrnmman ad ight- times as fast ~as ci bier ltaly or Great Brit:uîî 1?or the size of our population ',we have been creatiug new; jobs twice as fast as the U.S. aud four itimes'as Japan. By 1975 the effeets of the baby 'boom n iii, have passed aiîd the rpresent steady strong growth wil have taizen care of the Rineiriploy- ,mtent problem. For now we nced -speial local initiatives prograrns und Opportunity for Youf h ý,c'hemes f0 take up sone of tbe extra s1ack in the job seekers. If kthe heat was turned up enough lÉo find jobs for everybody in this -bulge u'id our coess and prices in Canada would go right ïl~ru~îthe roof (along with 'sayof our cil izens!) 0f those uinemployed now, hoî-o 'are some facet,': (a) Tvio per cent a re heads of 'tiushols.For every' 49 house- 0ýno'dld eads mrorking, one is uuerm - 1ioyed. (lFive per cent are women T~ Up 0F c L ARK E AND POLICE VILLAGE, 0F OROMO Auditor's To the Reeve and Council of The Township of Clarke, Orono, Ontaio. Gentlemen- I have completed my examination of the books and records of this municipality and its local boards and commissions for the year ended December 31, 1971 and in this connection 1 arn pleased to report the following for your consideration. Statement of Revenue and Expenditure Schedule 1 This schedule reports. the corporations operation in rnoney amounts for the year with comparatives for 1970. Note that in 1971 these revenues and expenditure amounts included the operations of the Orono Police Village whereas the 1970 amounts do flot include the Orono Police Village revenues and expenditures. Because of the inclusion of the Orono Police Village accounts with the Township, general accounts Statement 1 reflects the inclusion, of the Orono Police Village deficit with the Township surplus. Details of the in- clusion are provided at the bottom of Schedule 1. Schedule 3-2 re- flects the make-up of the Townshiio deficit of 7044. The revenues are shown in greater detail on schedule 1-1 and the expenditures are detailed on schedule 1-3. Consolldated Balance Sheet. The'a,çgeQtt, liabilities and surplus of the municipality for al funds, revenue, capital and reserves are shown consolidated on sch-dule 3. The' assets are detailed on sehedule 3-1,and the liabilities and Qurplus are detaîled on schedule 3-2. The assets on schedule 3-1 refleet the following: Accounts receivable Due fromn the Province of Ontario 81,587 This amount is made up as follows: Balance of' 1971 road subsidy 80,802 Balance of residential property tax reduction 284, Warble fly grant . 501 -81,587 Taxes Receivable Taxes receivable are shown in detail and are analized on sehedule 3-3. Orono Police Village The amountdue to the Township fromw the Orono Police Village is included in the Township defîcit, which is a change from 1970 when it was shown as an amount receivable by the Township. The Police Village operation is shown lu detail on schedule 3-6. The Police Village deficit of 43,132 at December 31, 1970 decreased by 10,074 ln 1971 to 33,058. Ternporary Loans Temporary boans on behaif of the Township generally amount to 150,000 and the balance of 29,260 is a boan incurred on behaîf of the Orono Police Village for their 1969 .road pregram. The 0.P.V. boan was approved by the Ontario Municipal Board for the repay- ment to be spread over five years.- Other Accounts receivable 33,547 Accounts receivable consist of sundry road'department aceounts of 30,471 and sundry accounts of 3,076. Accounts payable and 'Accrued Liabilities 62,966 Under the sick leave berfefit plan, unused sick leave can accu- mulate and employees'now become entitled to a cash payment on termination of service. The liabîlity o! these accumulated days to the extent that they could be taken lu cash by an employee on termination of cm- ployment amounted te 14,727. The outstanding roads department account ef 21,864, bank overdraft of 4,887 deferred charges of 3,716 and general acceunts of 17,772 make up the balance. Local'Boards Schedule 1 to 6 of series L detail the results of our examination of the local boards. Orono Hydro System - Orono Water System The A and E series of statements detail the assets, liabilities and surplus, as well as the resuits of the operations fer the year ef the above twe local boards. Iu the water system a liability to the Ontario Water Reserve Commission of 57,369 bas a debt retirement fund balance applicable there to of 8,531 ieaving the Capital Debt outstanding te the OWRC of 48,836. The balance due to the Ontarioe Municipal Works Assistance Program ter capitai work on the water sybtem amounted te 98,840 at the end ef the year. Further notes to these finaucial' statements are detailed in Sehedule 7. General 1 wish te gratefully ackuowiedge the assistance and co-operation et the Township Treasurer and bis staff., Georgetown, Ontar.-o March 30, 1972 Walter H. Pope, Ctartered Accountant. Licence Number 4095 Report TOWNSHIP 0F CLAREan POLICE VILLAGE 0F ORONO REVENUE FUIJN BALANCE SHEET as at December 31, 1971 ASSETS* Accounts Receivable: Ont. Government ............... 81,587 Local Boards O.W.R.C ............................... .... 8,531 Fair Board.....>..,... 2,000 Public Works................ 30,471 General Department,.............. 1,266 Dog Licences ........ -.... 1,810 Taxes Receivable ................ ....226,456 inventories Rd. Dept ...... . 8,287 Operation Charges 0O.W.R.C ........ 1,874 Capital Municipal Revenue ... ........... 46,140 Tile Drainage ............. ........ 10.633 Water Works................................ 147,278 LIABILITIES5633 Temporary Loans Bank boan Township of Clarke ...150,000 Bank loan Orono Police Village .. 29,260 Newtonville Park ............................ 978 Accounts Payable ................ ..... 62,996 Long Term Liabilities..................... 56,773 Municipal Enterprises . ................ 147,279 Reserve Funds ..........*.................. 126,092 Surplus Twp. of Clarke .........24,014 Surplus Special Charges.....- 2,000 Deficit Orono Police Village - .. 33,058 Current, Deficit ....--.. 7,044 566,333 TOWNSHIP 40F CLARKE'AND POLICE VILLAGE 0F ORO NO STATEMENT 0F REVENUE AND EXPENDITURE For the year ended December 31, 1971. REVENUE. Revenue from Taxation: Residential and Farm ..... Commercial and Industrial ........... B usiness ....-..... ........ ... Special Charges ...... ,.ýý>ýý.... Contribution from Government............... Residential and Property Tax Red. -.. .... Per Capita Grant ...-...--........... Public Works Subsidies ............ General Welf are Subsidies ......... ....... Recreation Grants ......... ...... W arble Fly Grant ... .................. Licences and Permits ....-1 ........ Rents, Conc. and Franchises ......... Service ChTarges ... Penalties and Interest on Taxes ... M iscelaneous ......... ............... EXPENDITURE: General Government ...-................... Protection to p-rsons and property .............. Public Works ....-..... Sanitation and Waste removal............. Conservation of Health-----------------. Social and Family Services ..... Recreation and Cornmunity Services........... Community PManninîg .-.......... Financial Expenses and Provision for Reserve .....--........ E ducation ..... -...-...... ..... ..... N. and 1). County Rates .. ............ Contributions to Water System ....... Excess of Revenue over expenditures........ for the year 1971 -........ .... ...... Excess of Revenue over expenditures for the year 1971 ......................... - Deficit at the beginning of the year ......... Deficit at the endt of tue year 1. 9'1 Surplus Towship of Clarke 1971.......... Surplus Special Charges 1971 ... . .. Less Deficit Orono Police Village 1971. Deficit at the end of the year 1971 . 108,504 30,139 18,826 1,915 98,073 27,515 188,814 9,692 3,803 501 15,788 3,787 14,843 25,950 2,084 1,036,419 42,200 29,959 338,187 9,525 8,325 12,389 13,474, 19,794 53,588 384,169 99,848 9,606 1,021,064 1,036,419 1 5,355 22,399 7,044 24,014 2-000 26,014 33,058 7,044 1971