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" > t of capital operations ment reflects the capital expenditures and the al financing to be recovered from general venues of the municipality and its local board note 1(aY ~ a orm 1i8bili{lés reported on this statement were the "Region of Durham on behalf of the Repayment of this debt is the responsibility of lity. n to the long term liabilities reported on this e municipglity incurred $45,781 in long term oehalf of its municipal enterprise. Repayment vill be from the revenues of the Port Perry ic Commission and not from general munici- heet nt reflects the assets and liabilities of the the capital fund, reserve funds and the local ed in flofeN (a). The assets and liabilities for | enterprise as defined in note 1(e) are not pt to the extent of the related net long term capital outlay to be recovered in future years. ets b , | cost and accumulated depreciation of fixed reported for municipal purposes. Instead the ay togh © vovered in future years" which is 2.of the principal: portion of unmatured long s, capital funds transferred to other organiza- cost of capital projects not yet permanently eported on the 'Balance Sheet'. | enterprise : 164. 100 - and expenditures: for municipal enterprise not reflected 'in the "Statement of Revenue ure' &l.P to the extent that their expendi- )vered from general municipal revenues. 'y Hydro-Electric Commission 'is a municipal lose costs are substantially recovered from es onthe users. «oa rinedlong tem liabilities nt costs including principal and interest are 1st current revenues in the periods in which Interest charges: are not accrued for the he date(s).of the latest interest payment(s) to financial year. { is Gil : Imiifistered #ly the municipality amounting to t been included in these financial statements. OUTLAY TO BE RECOVERED IN FUTURE ) tal outlay to be recovered in future years does a burdenongeneral-municipal'revenues, as it ered iy fo¥se years from other sources: 1976 1975 charges on itting landowners ........ $115,369 $109,560 al enterprise ............. 162,171 125,390 $277,540 $234,950 $ Oo i tlays, including fixed assets and the transfers Is in the amount of $166,254, which have been 1 general municipal revenues of the current »orted on the -'Statement of Revenue and s AND RESERVE FUNDS 1s for:..reserves ramounting. to $110,000 are 1e 'Statement of Revenue and Expenditure' er the appropriate headings. : ement of Revenue and Expenditure' does not llowing revenuesi for the year which were tly togesqrve funds: of 1976 1975 from investments ....... $12,745 $7,793 der.and Developer i. butions ..ilidaiiin.. 59,925 8,500 NS cdg eeveens Beessdiliniininn 47,244 . 35,159 $119,914 $51,452 balance of reserves and reserve funds Is 3 comprised of the following: / 2K x king capital p...icii. $60, £40,500 leave benefits J..i....... © 30,000 15,000 ricipal projects '........... 78 75,000 $90,000 $130,000 3 Coty 01976 1975 ntributions by «© Or Sgro SVAA250 $76,830. VArena (ilies 56,472 $144,250 $133,302 , TERM LIABILITIES ce for net long term liabilities reported on the et" is made up of the following: ' 2 wa Total long term liabilities incurred by the municipality including those incurred on behalf, of former school boards, other municipalities and municipal enterprises and outstanding at the ~end of the year amount to | retsi ik aEth In addition, the municipality has assumed 're- sponsibility for the payment of principal and interest charges on certain long term liabilities Issued by other municipalities. At the end of the Yoal the principal amount of this liability EE Of the long term liabilities shown above, the responsibility for payment of principal and interest charges has been assumed by others for a principal amount of ........coeeeevvvniivennsiireeninnnn, (615,500) Net long term liabilities at the end of the year... $277,540 (b) Of the net long term liabilities reported in (a) of this note $136,774 in principal payments are payable from 1977 to 1981, $133,766 from 1982 to 1986, and $7,000 thereafter and are summarized as follows: : 1977 1982 1987 to to and 1981 1986 thereafter From benefitting landowners .... $70,333 $45,036 -- From municipal enterprises ..... $6,441 _ 88,730 $7,000 $136,774 $133,766 $7,000 (c) Included in "Net long term liabilities" on the "Balance Sheet' is an amount of_$65,171 payable in, United States dollars, 'and converted into Canadian dollars at the rate prevailing when the liability was incurred. If the liability is converted into Canadian dollars at the exchange rate prevailing at December 31, the liability would be decreased by $104. 5. ACCUMULATED NET REVENUE [DEFICIT] AT THE END OF THE YEAR Accumulated net revenue of $6,526 at the end of the year reported on the "Balance Sheet' includes amounts related to benefitting landowners which are not available as general municipal revenues and are analysed as follows: Special areas 1976 1975 'Garbage for Ward 2............. $2,610 $4,432 Garbage for Ward 3 ............. 3.063 $5,673 $7,297 Special charges for Garbage collection ............. $1,135 $1,481 ' $1,135 $1,481 6. CHARGES FOR NET LONG TERM LIABILITIES Total charges for the year for net long term liabilities were as follows: 1976 1975 Principal ................ Ne... $20,991 $11,468 Interest ......... rps 17.961 8,953 $38,952 $20,421 .Of the total charges shown above $16,374 were paid from general municipal revenues of the municipality and are included in expenditure on the "Statement of Revenue and Expenditure' classified under the appropriate functional headings. The remaining $22,578 wére recovered from municipal enterprises for which the related net long term liabilities were Incurred, and are not reflected in the statement. 7. LIABILITY FOR VESTED SICK LEAVE BENEFITS Under the sick leave benefit plan, unused sick leave can accumulate and employees may become entitled to a cash payment when they leave the municipality's employment. The liability for these accumulated days, to the extent that they have vested and could be taken in cash by an employee on terminating, amounted to $42,106 at the end of the year. An amount of $30,000 has been provided for this past service liability and is included in reserves on the 'Balance Sheet'. 8. THE ANTI- INFLATION ACT The municipality, its local boards and commissions are by agreement between the Government of Canada and the Government of the Province of Ontario dated January 13, 1976 subject to The Anti-Inflation Act (Canada) and the national guidelines: This legislation limits increases in compensation payments effective October 14, 1975. 9. LEGAL ACTION The Regional Municipality. of Durham has requested a hearing before the Ontario Municipal Board to determine what portion If any of certain development charge levies "+ and reserve funds collected by the Township of Scugog are _ vested In the Regional Corporation under the Regional Municipality of Durham Act. Bait rar ies ara ittist sarbanrios $701,050 191,990 PORT PERRY STAR -- Wednesday, June 29, 1977 -- 9 Will consider mobile home amendments for Durham Region Durham Regional Council was to meet Wednesday, June 20th, to consider amendments to the Regional Official Plan with respect to year-round mobile home park development, The outcome of the meet- ing could affect several mobile home park proposals for the Region, including one in-Scugog Township. A report by the Region's Planning and Development Committee recommends several changes to the Official Plan to permit the development of parks in Residential areas with the approval of the individual municipality in which the park will be located. The amendments would also require that any mobile home development be fully serviced with water and sewer facilities. The units must conform to the Ontario Building, Electrical and Plumbing Codes and rele- vant municipal by-laws. Development could pro- ceed either by registered . subdivision plan, or by a "development control agree- ment in accordance with pertinent sections of the Planning Act. SEVERAL PLANS In the past couple of years several proposals for mobile home parks have come before Regional Council. The largest is in the New- castle area calling for 1,000 units but restricted to adults over 50 years of age. There is a second proposal in the Newcastle area calling - for 850 units, and one in Picker- ing with 128 units. The development proposal for Scugog Township on 22 acres northeast of Utica calls for a mix of mobile and conventional family housing units with a total population of close to 250 persons. It is not known at this time whether plans for this deve- lopment are still active, or could become active pend- ing the outcome of the pro- posed' amendments before regional council. Scugog Township is on record as being in favour in principle of mobile home development parks in the Region, but the Township has asked for clarification on provisions for water and sewer facilities. i EXTENSIVE REPORT An extensive report on mobile home parks was pre- pared last October by the Regional Department of Planning and Development. This report comes to several conclusions, one of which is that mobile homes are not a form of low-cost housing, and they are not necessarily an interim land use. "While the units may come and go, the underground and sur- face services represent a sizeable fixed investment." The report also concludes that whether licenced or assessed, the tax revenue per person in a family mobile home unit is general- ly lower than the revenue from other forms of housing. And this revenue will be even lower than similar sized conventional housing when assessment is based on market values. However, the report conéludes, that mobile home dwellers require the same tax sup- ported facilities and com- munity amenities as any other resident. And the report concludes that mobile home parks should only be allowed in residential areas, and not in industrial, commercial, agricultural or open space areas. This recommendation for residential lands only has raised objections, Michale Zygocki, an Oshawa devel- oper has suggested that the pre-zoned residential requirement would serve to deter development of mobile home parks. He suggests they should be allowed to develop 'out in the country". And a representative of Autodyne Canada Limited has indicated that the cost of the lot is a basic factor and the designated pre-zoned land will not allow anything on less expensive lots with the result that lower-cost housing would not be| created. ----ED THOMAS. 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