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CORPORATION OF THE TOWN OF NEWMARKET ABSTRACTS FROM THE FINANCIAL STATEMENTS AND THE AUDITORS REPORT for the year ended December 31 1968 STATEMENT AND REVENUE OF EXPENDITURE Actual Budget Taxation Realty Business Special charges Net as Municipal Taxpayers Contributions from other Payments in lieu of taxes Subsidies Municipalities 1 persons and property and waste removal Conservation of health Social and family services and community service Community planning and development Financial expenses Other County share of expenditure Education local contributions Total expenditure Excess of revenue over expenditure Surplus at the beginning of the year Surplus at the end of the year 115 3750 11118280 Municipal Reporting Form WATER SUPPLY SYSTEM REVENUE AND EXPENDITURE ACCOUNT REVENUE Actual Budget LIABILITIES AND THE FUNDS Local Boards and Other Funds Local Boards Sewage Hate Other Debentures and Accounts Payable Other Liabilities Interest im mm Municipal Reporting Form CAPITAL FUND BALANCE SHEET NET ASSETS re IKM llllenst I muted Payments Sewage and Properly Development The Fund Balance December 3 Investment Interest Balance Peter Gorman The mid 11 Bank mini 1iiul Hydrant Rental Newmarket Miscellaneous Revenue Sale of Departmental Supplies Water Service Impost Charges Provided by Municipality from Tax Levy Local Improvement Charges Owners Shi Total Revenue Administration and Customers Billing power and EXPENDITURE Customers and Collection Capital Extensions and Equipment Provisions for on Accounts Receivable Debenture Debt Charges Deficit from Prior Years Total Expenditure Surplus for year Total Expenditure Section Surplus for ye Balance of Surplus at December 3 1092 Municipal Reporting Forms WATER SUPPLY SYSTEM BALANCE SHEET ASSETS Accounts Receivable Local and Other Funds Work In process for which debentures have been issued Work in process for which Bank Interest NET LIABILITIES AND EQUITY Bank Overdrafts Local Boards and Funds Surplus on Sale of Debentures Oilier Interest Earned Municipal Activities mures Issued to less Fund ijiil I titerprisei i- Debentures Issued Assumed from Other Mm Other Mm 66 243611023 917 64778S4 5 835 36 1006880411 16771 22 IlLICIIll re 1907 Surplus December 1968 irk I Bank In Deposit Receipt L Balance December Hie Fund Bahiicc mailed Payments unci Interest Balance December fte SEWAGE RATE BALANCE SHEET ASSETS Accounts receivable ACCUMULATED FUNDS AND LIABILITY Balance December Settle ltc for the year Debt i lures fr the year iJ i final In Hun Less Paid out to deb on liiiiiiud itid funds it Dvniukr id J lull Ii I capita sec outstanding bank account Excess proceeds on sate Surplus LIABILITIES Mi Municipal Reporting Form REVENUE FUND BALANCE SHEET ASSETS Cash on hand and in bank Accounts Receivable Other Governments Receivable Ontario Local Boards and other Funds Water Supply System Sewage Rate Sewage Service Rate School Boards Other Funds Other Taxes Receivable Current Year Prior Years loom Willi I in- Hate will 1imIihu owners share of local improvement The Designated Area re the Parking Lots Funds are held in special savings liability re Industrial if And he balance will lie levied fur fill Municipal Enterprise this sum own share of local RESERVE FUNDS BALANCE SHEET ASSETS in Rank Park Cad in Bank i I uiiiiii Payniuijls Cash in Bank SEWAGE SERVICE RATE BALANCE SHEET ACCUMULATED FUNDS AND LIABILITY iiiii Reporting Form I REPORT the Major the and th Ratepayer We have audited the books and Corporation of the of he Municipality The audit has been conducted in accordance with instructions of the Department of Municipal Affairs COSSAR HECTOR PAYNE CO Chartered Accountants