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Worlds largest Exhibition centennial The Canadian National Exhibition world largest fair celebrates its in Toronto Aug A wealth of nostalgic events and are planned The as is fectionalely known plans as a major project the re creation of a street based on a ca Canadian town Ii will feature period shops brick and a band stand offering music of the The setting will be ilium mated and old fashioned electric lights and framed b the existing Press Horticulture and Arts Crafts and Hobbies Buildings exhibits featured chicles vinous modes of and a of in April 1B13 The crossed present CNF grounds while invading original name of Toronto The landing of the ships ind Ihe invasion will shown the moving and an audiovisual presentation from Scotland nghnd Ireland New Ihe States and some of the bagpipers military musicians in he world will help the Scottish World Festival Taltoo honor s The Tattoo lobi held Stadium I will feature the bands of Her Majesty Marines from Britain National Band if New Zealand and pipe bands from Scotland I Northern Ireland featured will be one of Canada favontt will f Mm irus Hid II million s ltd of jrnda the iifimml Mi Ton Police Ik band ll i Scotland ire ihe world ha trip ion and Dun police and Lothian and Borders Pi lice The ral Government of anada will ihe entire Building setting stagt or Ihe Pavilion the centrally which present loo Featuring designers Canadian talent The overall Our Canada present Canada in a light laming manner The Regional Municipality of Halton 1977 To the residents of the Highlights of the 1977 Financial Report are advertised in this newspaper in accordance with Section 224 of the Municipal Act Copies of the complete are available on request Telephone the Treasurer s Office at 5571 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31 Accumulated net revenue deficit at ihe beginning of the year Expenditure General government Protection to persons property Transportation services Environmental services Health services Social family services Recreation and cultural services ng and development Total expenditure 1977 Budget 364 233 369 3 163 700 848 3 110 756 676 006 586 1977 Actual 703 396 3263 2990 835 1976 Actual 8 186 3206 646 2665 5 on pal Direct charges on ratepaytrs Ontario grants Other Total revenue Accumulated net revenue at the end of the year Analysed as follows Genera revenue Special charges sewers Municipal enterprises waterworks 1977 Budget 13 3 592 Actual 041 3 399 NIL NIL 043 37 38 BALANCE SHEET as at December 31 LIABILITIES Current assets Cash Accounts receivable Investments Other current assets Capita outlay to be recovered ir future years 3238 555 387 Current ab 1 1 Temporary loans 1 201 payable and 400 accrued dab 5 338 Net long term 1 324 49 353 Reserves and reserve funds Accumulated net revenue Ideficii 3 572 060 168 STATEMENT OF CAPITAL OPERATIONS for the year ended December 31 Unfmanced caoital outlay at the beginning of the year Capital expenditure General government Protection to persons property Transportation services Environmental services Health Social and family serv and development Total expend Cap fmanc ng Contributions from the revenue fund Contributions from reserve funds and reserves Long term incurred Ontario grants Other Total capital financing Unfmanced capital outlay at the end of year Actual Actual 7 517 396 290 2 697 898 422 388 364 612 391 2 214 720 883 000 22 186 19 252 AUDITORS REPORT 577 2 1 774 312 228 3 926 329 604 178 792 556 To ihe Members of I Inhab tarns and Ratepayers of the Corporation of The Reg Municipality of Halton We have examined the dated fmanc a statements of the Corporation of The Reg c pal of Halton ts local boards and rriumc pa se Our exam nation was made accordance w th genera ly accepted and and accord included such tests and other procedures as we cons necessary nthec In our on these financial present fairly the on Corporal on of The Region of Hilton local boards and its pal enterprise as at Docrrnbtr and ihr- results r ope to year then ended in accordance with account ng nc pics gtnenlly accepted for Ontar municipal ed on has stent with that of preceding after restat of ih as 1 Note 1 a statements 21781314 12 Wagner Accountants Hills June 16 Number 643 Cheney Glenn Gnydon CI Accountants Ojkville Oniano June 16 Licence Number 601 NOTES TO THE FINANCIAL 1976 Actual 420 254 3 S10 673I 1 POLICIES a Statement of Revenue and Expenditure Statement Balance Sheet id Fined Assets 3 100 4333 741 3 510 650 774 486 pal Enterpr ifn I s on The Funds S3 hi Comparison w or Years 2 CAPITAL OUTLAY TO BE RECOVERED IN FUTURE YEARS 3 RESERVE FUNDS ceo ded as venues and v The we Com I pa I NET LONG TERM Balance Shce the I an the payment pal and assumed St cha on pa At the I Env amou ies issued by the nun coal Long Te Lab on the an amount payable S erred mo Canadian do la is at the exchange the ly would be creased by 5 ACCUMULATED NET REVENUE deficit at the the year S wSc 6 CHARGES FOR NET TERM LIABILITIES