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Page 6 The Canadian Statesman, Bowmanville, Wednesday, May 12, 1999 Section Two A Volunteer With Heart The annual Volunteer Appreciation Tea was held last week for the Heart and Stroke Association. Over 70 canvassers canvassers attended the reception at Trinity United Church. The Bowmanville area raised over $28,000 in the door- to-door campaign in February, with money still coming in. Above, Lisa McCoy, Area Manager (left) presents Betty Morrison with a 40-year plaque for recognition of her many years of service. Horticultural Society Plans Anniversary Celebration by Hazel Crago On Thursday due to the strong cast wind, Beaver Street South residents endured Dunbury desert dust storm. What a relief Friday morning when the Clarington trucks washed the street. Better yet was Saturday's beautiful rain which cleaned up the air! On Sunday, May 9th, 1999, after the baptism of Brittany Catherine Foster at Newcastle United Church, her parents Scott and Cathy and brother Aaron, entertained family and friends to luncheon at their Campbcllcroft home. Among the attendants were cousins Melinda Broome and Brandon Baker, who arc Brittany's godparents. The Fun Fair at Newcastle Public School last Thursday was a resounding success. Seniors Bowling Party On Thursday, May 4, 1999, forty-five seniors enjoyed noon meal at the New Dutch Oven after which the afternoon card games were played. Draws were won by Bertha Fisher, Helen Nesbitt, John Tigwell, Elizabeth Skclding (2), Roy Hayward, Marguerite Cooper, Gladys Henry, June Wilson, Mcrril Henry, Velma Jakeman, Ron Powell, Alice Hopson and Dorclla Lancastcr- Forget. Card winners were Helen Nesbitt, Maureen Powell, Russell Powell, Frank Tufford and Bertha Fisher. Two hidden numbers numbers were won by Alex Martin and Albert Pearce. Low score was won by Ruth Tufford. The Newcastle Seniors will have their closing dinner dinner at the Dutch Oven at 12 noon on June 10th. Horticulture News On Wednesday evening, May 5, Mrs. Narda Hoogkamp hosted an executive meeting for the Newcastle Horticultural Society. In attendance were President Pam Daley, Secretary Penny Leddy, Treasurer Cathy Brogan, Vicki Lcsnick, Darlene Sullivan, Isabel Hart, Bonnie McCracken, Dorella Lancastcr-Forgct, Josic Welter and Hazel Crago. Plans were made for the Spring Flower Show being held on Tuesday evening, May 18 in the Centennial Room of the Newcastle Community Hall. Due to the summer weather, tulips and daf fodils may be over but we look forward to Roy Forrester's slides of birds of the Ganaraska. Prior to the meeting is the six o'clock plant sale. Please bring some plants labeled for sale. The 85th anniversary celebration of the Newcastle Horticultural Society on Tuesday, June 22nd was also on the agenda. agenda. Do you have a garden we could tour on July 14? St. Francis of Assisi On Saturday, May 15 from 8 a.m. until 2 p.m the Knights of Columbus arc holding a yard sale at the parking lot of St. Francis of Assisi Roman Catholic Church on King St. E., in the village of Newcastle. St. George's News Easter VI Holy Communion was celebrated at 8 a.m. and Morning Prayer at 11:15 a.m. The choir sang a lovely anthem,"Blest Arc They". The children presented flowers to all the ladies in the congregation. Marion Saunders gave a very informative talk on the Primate's World Relief and Development Fund, which is part of our Faithworks. P.W.R.D.F. is the vehicle with which Newcastle News Anglicans do development and relief work overseas. It is currently one of the agencies through which aid is being given to Kosovar refugees. P.W.R.D.F. also gives aid to people at home as in the ease of the flooding out west and the ice storm in Quebec and Eastern Ontario. Coffee hour after the 11:15 service is a wonderful wonderful time of fellowship. The Ecumenical Jubilee Service will be held on May 16th at 2:30 p.m. at Orono United Church, all arc welcome. St. George's Salad Supper will be held on Sunday, May 30th at 5:30 p.m. Call Joan Haring at 623-5266 for tickets. Next week's services will be Holy Communion at 8 and 11:15 a.m. Visitors are always welcome. welcome. United Church On Mother's Day, Sunday, May 9, 1999, a vase of beautiful roses given by Annabellc Rickard in memory of her mother Mrs. John Hendry (nee Annabellc Erskine) graced the sanctuary of Newcastle United Church. Prior to the service Ross Metcalf explained the funclions of the new organ and played the beautiful Land of Hope and Glory, dedicated to the minister, Reverend David Chisling. Received into the church by Sacrament of Holy Baptism were Brittany Catherine Foster born to Cathy and Scott Foster on September 10th, 1998 and Connor Arthur James Cruickshank born to Randy and Heather Cruickshank on June 29, 1996. Randy's mother, Shirley Gladys Cruickshank was also received into the church by transfer. Mr. Fred Fleming was guest soloist. The Minister's reflection reflection was titled You Know Him Because He Abides With You. Dave and Cathy Abraham and girls gave the May 9 bulletins in memory of his mother, Doreen Abraham. Church Holds Anniversary Weekend by Betty Wright On Mother's Day we had a special special service at church. Hope all of the mothers had a very special day. Here is a quotation that Reverend Scli had on the front of our bulletin: bulletin: A Mother's love, how sweet the name, What is a Mother's love? A nobler pure and tender flame Extended from above. Hope Mrs. Betty Roth will soon be feeling better. Enniskillen Anniversary weekend weekend is May 15th at 4:00 p.m. Tickets to be bought at the door. Children under four and children children in the Sunday School eat for free. There is a special worship service service on Sunday, May 16th, at 9:30 a.m.. We arc looking forward to hearing from our guest speaker, a constable with the Durham Regional Police, who will also have a dog from the"Canine Unit with him. The children will also be singing special songs for the serv ice. A little closer to the date, phone calls will be made asking for some assistance in making a salad or a pie for the dinner. Any help you can provide is greatly appreciated. This year Enniskillen will host the Charge Picnic. The picnic is set for Sunday, June 13th and we have booked the north area at Enniskillen Conservation Area. So, keep this day open and with a little help from the weather we will have a great day. It's tulip time in the Enniskillen Garden of Dorothy and Jake. Enjoy homemade pic, coffee or punch amidst thousands of spring bulbs. Dorothy and Jake created this beautiful garden in just six years. Place, 2271 Regional Rd. #3, 3rd house east of Enniskillen store; Date - Saturday, May 22, 1999; Time - 12:00-4:00 p.m. , The event takes place rain or shine. If-it rains wears your rain apparel and the lunch will be served at the church. Advance ticket sales - contact 263-2570 or Enniskillen News 263-2735 or any U.C.W. member. Proceeds to Enniskillen U.C.W. Bethesda House volunteers have recently opened a store called "Second Chance" pre-owned fashions fashions located at 103 King Street East, Unit 5, Bowmanville (beside the Legion). The store carries quality clothing at affordable prices for women, men and children's children's "speciality" items. Donations of clean clothing in good condition can be left at Royal LePage Frank Real Estate, 234 King St., E., Bowmanville. All proceeds go to support the women and children's shelter. Thank you for your support. At Bible Studies, we share our thoughts, our experiences and together we come to understand the Bible and how it touches our lives. After a couple months period of being on hiatus, the Monday Bible Study at Tyrone will be held on Tuesdays between 7:00 - 8:30 p.m. and the Enniskillen Bible Study will be on Tuesday afternoons. afternoons. The gardens have to be attended to and chores have to be done and we are having really nice weather now. Darryl Mackenzie and Adria Bicknell along with Jim and Aggie Mackenzie would like to express their sincere thanks to the Enniskillen Community for the Bridal Shower. The shower was Monday, May 3rd at the Enniskillen Church basement and it was a lovely evening. We really appreciate the time and effort made to ensure the evening was a success and a special thanks to those who organized the shower. Friends and family of Melanie Blakely (nee Axford) attended a baby shower on May 7th at-the home of Mary and Stu Wagner, Oshawa. Mary was assisted by Willa Lebel and Sonja Blakely. THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON PUBLIC NOTICE APPOINTMENTS TO THE NEWCASTLE VILLAGE COMMUNITY HALL BOARD Elections for two (2) members will be held by the Newcastle Village Community Hall Board at their meeting to be held at the Newcastle Community Hall Council Chambers on May 17, 1999 at 7:00 p.m. If you are interested in seeking election to this Board, please attend the meeting. The Council of the Municipality of Clarington will be appointing three (3) members to the Newcastle Village Community Hall Board for a two-year term. If you are a resident of the Village of Newcastle and interested in seeking appointment to this Board, please submit your application to the undersigned by Friday, May 21, 1999. Application forms are available at the Municipal Administrative Centre. For further information regarding the Hall Board, please call Gabrielle Worsley at 987- 3856. Marie P. Knight Stanley, c.M.O., CMM li ■ Deputy Clerk Municipality of Clarington 1 40 Temperance Street Bowmanville, Ontario L1C 3A6 MUNICIWJJÎYOF (Jjlarmqton CS-Ind. #5166 AUDITORS' REPORT To The Trustees Of The Kawartha Pine Ridge District School Board; )Nq have audited the balance sheet of the Kawartha Pine Ridge District School Board as at August 31,1998, the revenue fund statement of operations, the capital fund statement of operations and the reserve fund statement of continuity for the eight month period then ended. These financial statements are the responsibility of the school boards management. Our responsibility is to express an opinion on these financial statements based on our audit. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial statements are free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial statements. - An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall financial statement presentation. In our opinion, these financial statements present fairly, in all material respects, the financial position of the Kawartha Pine Ridge District School Board as at August 31, 1998 and the results of its operations for the eight month period then ended in accordance with the accounting principles described in note 1 to the financial statements. Peterborough, Ontario January 19, 1999 Humpage, Taylor, McDonald, Chartered Accountants BALANCE SHEET At August 31, 1998 ASSETS Current Cash Accounts receivable Prepaid expense Other current assets S 147,986 15,371,083 7,594,052 289,505 Capital Outlay To Be Recovered In Future Years - Notes 1 and 3 23,402,626 25,904,520 49,307,146 LIABILITIES, RESERVE AND RESERVE FUND Current Liabilities Hank ami oilier slum-term borrowings 23,712,609 Accounts payable and accrued liabilities' 5,352,567 29,065,176 Net Long-Term Liabilities - Notes 1 and 3 19,184,096 Reserves Equity In Reserve Etiml Surplus (Deficit) At End Of Period 2,840,360 688,393 (2,470,879) 1,057,874 49,307,146 RESERVE FUND STATEMENT OF CONTINUITY Tor The 1'eriotlJiininny /, IWS To Atiyiil M, I'J'Jti Ministry Hoard Equity Equity Capital Capital Reserve Reserve fund fund Tol.il Balance, at beginning uf period 235,846 428,246 Earnings on investments 8,590 15,711 664,1192 24,301 Balance, ,n end nfpcriud 244,436 443,957 688,393 KAWARTHA PINE RIDGE DISTRICT SCHOOL BOARD FINANCIAL STATEMENTS AT AUGUST 31, 1998 REVENUE FUND STATEMENT OF OPERATIONS For The Period January 1, 1998 To August 31, 1998 Expenditure S Business administration 2,761,996 General administration 790,2d9 Computer services 1,9d6,361 Instruction 121,243,769 Plant operation and maintenance 14,905,915 Transportation 7,900,034 Tuition fees 2,923,821 Capital expenditures (non-allocable) 6,158,417 Dent charges and capital loan interest - Note 5 1,831,522 Other operating expenditures 151,350 Non-operating expenditures excluding transfers to reserve 742,759 Total Expenditure 161,356,193 Recovery Of Expenditure Tuition fees and miscellaneous Other school boards Government of Ontario Government of Canada Eirst Nations governments Individuals - tuition fees Other revenues, excluding transfers from reserve 4,325,645 113,546 93,458 785,986 447,339 2,861,190 Total Recovery Of Expenditure 8,627,164 Net Expenditure 152,729,029 Financing Of Net Expenditure Government of Ontario General Legislative Grants Local taxation raised in the current period 97,200,514 53,114,381 Decrease (Increase) In Reserves Deficit (Surplus) At End Of Period 150,314,895 (56,745) 2,470,879 Total Financing 152,729,029 CAPITAL FUND STATEMENT OF OPERATIONS For The Period January 1, 1998 to August 31, 1998 Capital Expenditure Capital assets and work-in-progress ul Hqu' Buildings, Other •urnmtre ami Equipment 8,521,471 593,829 Total Capital Expenditure 9,115,300 Capital Financing Unexpended funds at beginning of period, or (balance at beginning of period not permanently financed) (2,680,897) Capital expenditure from the Revenue Fund 6,496,307 Transfer of surplus capital funds to the revenue fund ( 1,420,534) Balance at end of period not permanently financed, or (unexpended f unds at end of period) 6,720,424 Total Capital financing 9,115,300 Balance At End Of Period Not Permanently Financed Represented By: I .villa Trull school 2,567,331 Corporate head office 2,618,993 Other projects 1,534,100 672(17424 " NOTES TO THE FINANCIAL STATEMENTS For The Period January 1, 1998 To August 31, 1998 NOTE 1: SIGNIFICANT ACCOUNTING POLICIES These financial statements have been prepared by the Board using accounting principles that arc prescribed by the Ministry of Education and Training and are considered appropriate for Ontario School Boards. These principles are in accordance with generally accepted accounting principles except as follows: Accrual Accounting Revenue and expenditure are accounted for on the accrual basis of accounting, with the following exceptions: No provision is made for interest on unmatured debenture debt from the date of payment to the year end. No provision is made to record the liability for cumulative sick leave payment plans accruing over the working lives of employees other than described in Note 2. Capital Assets Capital assets arc charged to current expenditure unless financed by long-term debt. Principal and interest charges on net long-term liabilities are included as expenditures in the period due, prorated on an annual basis. Capital assets, described as Capital Outlay To Be Recovered In Future Years, arc included on the balance sheet only to the extent of the balance of the related net long-term liabilities outstanding and of the related temporary financing at the year end. Reserves and Reserve Fund Reserves and Reserve Fund represent funds appropriated for general and specific purposes and arc charged or credited to Revenue Fund Operations in the year appropriated or drawn down. The amounts in Reserves and Reserve Fund are approved by the Board and are within the limits defined in the Education Act. Deficit (Surplus) At Period End The difference between the net expenditures of any year and the amounts received to finance these expenditures is carried forward to the subsequent year to either increase or reduce the net revenue requirement. NOTE 2: CUMULATIVE SICK LEAVE PAYMENT PLAN Under the cumulative sick leave payment plans, unused sick leave accumulates and employees may become entitled to a cash payment when they retire from the Boards employment. The amount expensed in 1998 was S3,436,477. In accordance with Ministry of Education and Training instructions, $2,380,000 of retirement gratuities paid in the current year have been included in the balance sheet as part of the prepaid expense. No provision has been made for the liability for cumulative sick leave payment plans, the amount of which is undeterminable, except for $658,824 in respect of employees who meet the vesting requirements of the plans. Notwithstanding the use of reserve funds, recognition for General Legislative Grams continues to be made in respect of the actual amounts paid to employees, NOTE 3! NET LONG-TERM LIABILITIES (a) Of the net long-term liabilities outstanding of $19,184,096, principal amounting to $8,249,678 plus interest follows: Principal Interest 'filial 1999 1,560,709 1,275,185 2,835,894 2000 1,422,968 1,154,552 '2,577,520 21101 1,800,478 1,036,822 2,837,300 2002 1,924,350 906,795 2,831,145 2003 1,541,173 793,453 2,334,626 8,249,678 5,166,807 13,416,485' NOTE 4! LEASE OBLIGATIONS The Board has long-term lease obligations for technology equipment leases winch expire in 2005. The committed lease payments for each of the next live years are as follows: 1999 2000 2001 2002 2003 $6,094,642 6,389,328 6,701.283 7,031,692 7,381,833 NOTE 5: REVENUE FUND STATEMENT OF OPERATIONS The Revenue Fund expenditure for debt charges includes principal and interest payments as follows: $ Principal payments on long-term liabilities 1,080,359 Interest payments on long-term liabilities 751,163 1,831,522 NOTE 6: TRUST FUNDS Trust funds administered by the Board amounting to $847,352 are not consolidated in these financial statements. NOTE 7: PENSION PLAN COSTS All non-teaching employees of the Board are eligible to be members of the Ontario Municipal Employees Retirement System which is a multi-employer final average pay contributory plan. Employer contributions made to the plan during the year by the Board amounted to $693,069. These amounts have been included in employee benefits expense. Not shown in the financial statements of the Board are the employers contributions to the Teachers Pension Plan. The funding funding for such is provided directly by the Provincial Government. NOTE a: ONTARIO SCHOOL BOARD INSURANCE EXCHANGE Effective January 1, 1987, the Board joined the Ontario School Board Insurance Exchange (OSBIE), a reciprocal insurance company licensed under the Insurance Act. OSBIE insures general public liability, property damage and certain other risks. NOTE 9: AMALGAMATION OF SCHOOL BOARDS Effective January 1, 1998, in accordance with the Fewer School Boards Act, 1997, and the Education Quality , Improvement Act, 1997, and under the guidance of the Education Improvement Commission, the Peterborough County Board of Education and the Northumberland and Clarington Board of Education were amalgamated, and French language district school boards were established. The assets, liabilities and employees of the two former Boards were transferred to the amalgamated English Luiguage Public District School Board Number 14. The Board subsequently changed its name to the Kawartha Pine Ridge District School Board. Under the terms of the Joint Request to the Education Improvement Commission for the Transfer of Assets ami Liabilities, the Kawartha Pine Ridge District School transferred Fairview Public School, effective August 31, 1998 to Le Conseil Scolaire de District No. 58 and agreed to a cash payment of $600,000 payable as follows: September 1, 1998 $200,000 January 1, 1999 200,000 December 31, 1999 200,000 It is anticipated that the cash payment of $600,000 will be financed by the sale of two properties and that the balance would be paid from Reserves, if.sufficient funds are available. No provision lias been made in these financial statements for this amount. NOTE 10: CHANGE OF FISCAL YEAR The fiscal year of the Board is the year from September 1 to August 31. These financial statements are for the period January 1, 1998 to August 31, 1998. NOTE 11; CONTRACTUAL OBLIGATIONS During the year the Board entered into two contracts for the repair of a school ami renovation of the Hoard's corporate head office. At August 31, 1998 the remaining obligation of these contracts are approximately $5,800,000. The contracts are expected to he completed in the Board's next fiscal year. NOTE 12: YEAR 2000 ISSUE The Year 2000 Issue arises because many computerized systems use two digits rather than four to identify a year, Date- sensitive systems may recognize the year 2000 as 1900 or some other date, resulting in errors when information using year 2000 dates is processed. In addition, similar problems may arise in some systems which use ccitain dates in 1999 to represent something other than a date. The effects of the Year 2000 Issue may be experienced before, on, or after January I, 2000, ami, if not addressed, the impact on operations ami financial icpoiting may range limn minor mors to significant systems faillite which could alien an entity's ability to conduct normal business operations. It is not possible to he certain that all aspects of the Year 2000 Issue affecting the Hoard, Including those icLuctl to the efforts of suppliers nr other third parties, will he fully resolved.