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Fn FN RR RR BOI RRA IR, RTE TY Aaa LLL ll i IE -- PORY PERRY STAR -- Tuesday, June 25, 1985 ~ i. The Corporation of the Township of Scugog . 1984 FINANCIAL HIGHLIGHTS DECEMBER 31, 1984 1984 1983 Residential 'Commercial Residential Commercial 1984 1983 and Farm and Industral and Farm and Industrial ee lo General Municipal 71 344 83934 69 560 81 835 ASSETS Regional 63.210 74 365 58 663 69016 Secondary School 74 537 87 691 70 363 82 780 UNRESTRICTED ¢ 7006 § OO% Elementary Public School 90 041 105 931 83 968 98.786 sash N 016 970 491 270 - N aparate 4 111 82 87 414 1 4 axes receivaole . . Elementary Separate School 95 048 1 1 02 840 rer cHOTges Faeevatic 36.516 34.197 Accounts receivable 414.832 124,305 Other current assets 82.954 104,902 1,458,190 1. 161, 608 RESTRICTED CONSOLIDATED STATEMENT OF OPERATIONS Cash 259.403 229576 Accounts receivable 14,155 12,616 YEAR ENDED DECEM BER 31, 1984 Long term receivables 69.150 87,973 342,708 330,165 $1,800,898 $1,491,773 Budget Actual Actual B 1984 1484 1983 LIABILITIES SOURCES OF FINANCING TEMPORARY LOANS $ 330,139 $ 343,966 Taxation and user charges (Note 2) Residential and farm taxation $5.971,918 $5995073 $5,518,880 ACCOUNTS PAYABLE AND ACCRUED Commercial, industrial and business taxation 971,414 1,003,517 916,704 LIABILITIES 233.156 163,441 Taxation from other governments 88,536 91,421 99,455 User charges 324.415 373.021 440 412 OTHER CURRENT LIABILITIES 110,291 59,391 Deduct - Amounts received or receivable 673,586 566,798 For School Boards (3,738,794) (3,776,464) (3,456,350) For Region (1,474,508) (1,489,038) (1,354,283) NET LONG-TERM LIABILITIES (Note 5) Grants Government of Canada 8,452 26.635 FUND BALANCES AT THE END OF THE Province of Ontario 1,034,644 1,061,039 896,258 YEAR (Note 6) To be used to offset taxation or user Other charges (Note 6) 133,490 62,896 Contributions trom developers 83,425 99,000 Unexpended capital financing 1,000 5,490 Investment income 30,000 86,590 57.626 Reserves - Schedule 1 650,114 525,684 Sale of land 56,788 Reserve funds - Schedule 1 342,708 330,905 Penalty and interest on taxes 130,000 136,707 139.684 , ' . 1,800, 1,491,773 Other, 1,000 1,852 1,381 $1,500,398 $ MUNICIPAL FUND BALANCES, BEGINNING OF YEAR (Note 6) To be used to offset taxation or user charges 62.896 62,896 63.818 YEAR END POSITION OF Unexpended capital tinancing 5,490 11,043 RESERVE AND RESERVE FUNDS TOTAL FINANCING AVAILABLE DURING THE YEAR ~~ $3.401,521 $3.700269 $3.460,263 oe 1933 RESERVES: Working Funds 140,339 115,000 Municipal Projects 381.114 308,684 ' Sick Leave 59,000 52,000 : APPLIED TO Inventory 69,661 50,000 ! Current operations } General government $ i730 § 354713 $ F72.315 RE FI ors Plan 104,422 106,261 Protection to persons and property 287.868 299.543 256.689 L d Subd , ] Transportation services 1.187.034 1215029 1.257.087 kot Levies 200 Subqividers 198 152 184.922 ! Environmental services 122.862 123.312 106.619 R tonal Land 40 134 39.722 Recreation and cultural services 519.855 512.528 445,022 ecreational Lan ' : PI; } ) MING And development 20.740 16.610 26.041 FUNDS HELD IN TRUST: 78.597 43.556 2.530.089 25.737 z 463.777 © 1071.419 To 900 145 Capnal General Government 12.500 3.166 593 Protection to persons and property 83.410 39.034 29.712 Transportation services 505.387 701,075 508.642 GENERAL NOTE: Health services 28.000 53.000 60.800 . Recreation and cultural services 79 700 111.534 79 141 1. Ir keeping with Provincial directive, the Township of Scugog statement ] : reflects the operations, assets, hiabihties, and equity of the Revenue Funds, 708.997 907.809 678.888 Reserve Funds and Capital Funds, consolidated with the respective TT Operations and Balance Sheets of the Corporation of the Township of { NET APPROPRIATIONS TO RESERVES Scugog and its local Board, The Township of Scugog Public Library Board. AND RESERVE FUNDS (Note 8) 172 000 136.233 249.212 i 2. The enterprise of the Township whose revenues and expenditures have not been consolidated in the 1984 Financial Report is the Scugog Hydro- MUNICIPAL FUND BALANCES. END OF YEAR Electric Commission (Note 6) To be used to offset (or to be recovered 3. The data presented here has been extracted from financial statements from) taxation or user charges (9 565) 133 490 62 896 audited by Deloitte, Haskins & Sells Detailed financial statements and Unexpended capital financing 1.000 5.490 the Auditor's Reports thereon. for the Township of Scugog and its Board, . } oo So as well as the consolidated statements, are available in the Treasury Office. TOTAL APPLICATIONS DURING THE YEAR $3.401.521 $3.700.269 $3.460.263 =z - - rir KATHLEEN HARPER TREASURER TOWNSHIP OF SCUGOG = - BSN A ae oh PR 2