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ORONO WEEKLY'TIMES, WEDNESDAY. MAY 24th, 1972 ~Quees Park Report OronoYouth Theatre I UAex Carruthers, M.P.P Durham ~TR'PRY AX REFORM'. .. Municipal tax bis for 1972 will show an apparent increase as a cesuit ôf the discontinuance of the basic shelter grant prograre initiatcd, in 1968. Atually there ~rangement. There are four aspects ,perty tax relief by the Davis gov- 'niin but rather the introduc- tijon in 1972 of a different and U1arer distribution of the tax bur-, --den based on tax credits in con- Izrast to the Federal arogram c'f .tax exemptions. This pnogramn became Possible :--as a resuit cf an agreement with the Federal governiment 4e in- -range ment. Ther are four aspects -orporate the new programn in the ýýranada Ontrrio tax collection ar- ~o the tax credit plan - t& oýbjec- ~es, the Lj-jount of the credît, çwho is eligible to' .receive it, and, how it is te be claimed. '1OBJECTIVES A) To relate the tax burden on -lie residents cf Ontariko to their B) To reduce the tLotal tax bur- ixen on the lowest income famil- i~sand individua)1ýi' C) To extend the relief tô ,oomers, boarders and others who I~o net presently benefit frein the Itax relief grants. D) ý. To eliminate the tak relief ~anon-residents. L) To permit better control 0v- -,er the total Provincial - Munici- ~pal tax burden. F) To estahlish a flexible sys- tem as the first step tewards the epflacement cf Welfare and 5sub- ,sidy pregrams with a general in- me support pregram. AMONT 0F TIIE TA-XCREDIT The specifie formula for deter- niiiningý the 1972 tax credit will --e as follows: 1{emeowners and renters- $90. .p1.iis ten percent cf property tax ýr an-nual rent minus 1 percent 'ftaxable- ineome up te a maxi- m'um credit' cf $250.00. WiII Net Operate It was definitely deeide-1 last Thursday evening at a meeting cf the Orono Youth Theatr~e that it weuld net eperate a,- it had over the past two years. This means, there will be ne productions andi ne werkshops under the sponsor- cf the local group. It was deeded it would be im- possible te operate without the financial assistance cf the Ontario Youth Theatre erganization which Ilast year provided a funding in the amount cf $6,000.00. This a- mount weuld net be avail.able te the Orono group this year. The> "rone Youth Theatre h lad ev'cry' intention cf operating a- gain titis year-and at the first cf the year had submitted a brief 7ý:and a proposed budget te jhe Ont- aie Ycuth Theatre group ._In May the Ontario group asked that the Oreno group resubmit their brieif and have staff hîred within a four day .period. It was found that this was impossible wiith the result that the Orono Yeuth Theatre will not eperate this year. The Orono Ycuth Theatre 110w finds itself with a d 'eficit of $500. which they wlsh to, eliminate as soon as possible. As a means te titis end they are, holding a dance and draw in the Newcastle Hall on Friday evening, June l6th. Funds which may be r'ealized above the deficit are to. be used te help sponsor a group cf young asiing . thèatre promcotçrs whe may 'this year operatLtheiroWîn ideas. eut of -the t'iewcastle Town, Hall. îlM&ny of these ycuth have 1been members cf the Orono Youih Theatre and the Great Pine Ridge Festival, cf the Arts. The Ontario preperty tax cred- - t pýin replaces the basic, shelter ý,pegmnt program. Thus, g eneral re- âeïé against 1972 propert.v taxes Nvill be delivered ln the form cof income tax refunds in early 173 ;rathnry than as property taxredue- 1àions or rebates in the fali cf 11ý972. T¶in c-operation with the De-~ pjartaient cf National Rývenue t~teOntario Government ill make -- special effort te assist persons wVho have neyer filed an incom-e îtax rcturn l ii e ee~r ý-that thf y gý,'t!the fulI bn'. s to ';"%;hih they are entitle-i.. In additUon, the two other Prov- 1înciaI tax relief programns - the 25 nercent farm tax rebates and ý-ithe $450. to $100 sup,%- m(ntary axrifgrants te needy pen- sioner-s will continue intact for . ,he year 1972. For the many Ontario farmers ý-Nho have no income tax liability ~he tax credit formula wiil pro- -Klde generalý tax relief in excess ýkf $100 or at least $30 more than ,.be basic shelter grant. GOVERNMENT GRANT TO, A-SSIST PORT IIOPE ýýOýNTARIO YOUTH CORPS Thie member cf ?.arliament for t.othumberland - Durham, Russ- ~ulC. Honey, announced today rý-hat a grant'has been 'approved :.for the Port Hope Ontario Youth --orps te2 assist in their Travel .anId Exehange project "A Study ,-.f the French Canadian and Met- -.s People cf Western Canada es- g,-ecially in Mnitoba," in the a- asnount of $2>000. TýP e sudents praticpatl«,*zgin khiý proj,,ct, Mr. Hlie'y & ated, ~v'll cqurea better knowiedge r- auxcountry and in se doing wllstren-gthen the bondscf un- dlerstanding and friendship a- .anongst Caniadians. LET'S PLAN THIS THNGTOGETHER 'Me Ontario Government needs your help to plan the future developrnent of the Lake Ontario Region - the counties of Durham, Haliburton, Hastings, Lennox and Addington, Northumberland, Peterborough, Prince Edword and Victoria. At a public meeting on June 1, Provincial Treasurer Darcy McKeough wiIl release an analysîs of the growth potential'- and the related problems - in the eight counties. Following this Report, we will want your opinions and views on how your Region should be developed so that people and government can work together to create the kind of place where you wilI want to live . . and work ... and enjoy life. Corne and be part of, a planning process. THE SPEAKER: Thie Hon. W. Darcy McKeough. THE PLACE: THE TIME- THE DATE: The Rock Haven Motor Motel, on, Highway 7 at the West cîty limits of Peterborough. 2:00 p.m. until 3:00 p.m. Thursday, June 1. IT'S YOUR FUTURE... HELP PLAN IT Regional Development Branch, Ministry of Treasury, Economics and Intergovern mental Affairs FSIMPSONS-SE.ARS TAýTENTION CATALOGUE SHOPPERS Are you receiving our catalogues? To obtain your fret, Summer Catalogue, please f111 ont the coupon below and return to: SIMPSON -SEARSio OSHIAWA SHOPPING CENTRE172*5t OSHAWA, ONTARIO SME VALUES NEW TELESHOP PHONE NUMBER,7'M Newcastle and Orono Area 786-02591 TO N ,..... ................ . . . . i~ .~ .The Friendly Store inthe Oshawa Centre MUUMMUUMM"