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LEGAL ono rowsmr ihe Reeve Hemhen email and Taxpayer 11m Onrpontionoftiuionahrpot 0m on Station gt Ontario IMELW We have examined the Capital Fund Balancesheet and the llevenue Fund Bllnnca sheet at the wanehlp 1111010 uat December 31 1801 and lira rellted memeany Revenue and Expenditure and Surplus or the year ended on that date our enmlnatian included antral review oi the accounting pro eedum and detailedreviawoi the accounting rem and other supporting evidence We hereby report that in our opinion The financial Irannetians whlda have come under our notice have been within the powers of the municipalitya The audit has been conducted in accordance with the firetruc tiuns of the Department oi Municipal Allan and 11 financial rhtementr present iairly the financlll position at the municipality as at December 31 1961 and the result of it onmtiona or the year ended on that date Greer Melina and 00 Chartered Accountants THE CORPORATION OF THE TOWNSHIP or ORG Revenue Fund Balancissshgé at December 31 1961 Cash on hand 10636 Cash in bank 1403502 1500000 Accounts Receivable sundry 22121 Provlnce at Ontario 4132010 Hawkestone Police Village 215908 Taxes Receivable 11015010 Less Allowance for uncallectible taxes 624051 10100050 Properly acquired or taxes 11013 Less Allowance iorlass on male 8100 3103 other Assets Deierred Charges 194181 Cash in hank savings 164819 gt 16733554 LIABILITIES Accounts payable 631103 Debentures and Coupons Due Interest School Boards Hydra Electric Power Commission Reserve Purdlase oi properly Reserves 14065180 Surplus Balance at January 1061 52800 Less Surplus used to reduce levy in 1951 69 Surplus or the year Balance at December 31 1051 gt gt 1073353 Capitalhrnd Balance Sheet at December 31 1001 ASSETS General Eime Assets 18313270 Due from Sebooivnatenavers tor debentures Puhlic and Continuation 42181340 Collegiate andviiigb 33064101 85246055 Fire truck 13300110 Debentures Assumed byOther Municipalities 3021804 87911180 LIABILITIES Debenture Debt issued and Unmatured Schools Public and Continuation $300124 Fire truck 1330000 Debentures assumed from other municipalities 34111736 investment inCapital Arse 15313270 81911130 issued subject in our report dated Mércbfl 1068 Greer hicltae and Co Chartered Accountants TIm CORPORATION OF THE TOWNSHIP OF 0110 Statement of Revenue and Expenditure for the year ended December 31 1561 REVENUE Total Revenue from Taxation 46451101 LongTerm Debt Charges Recaverable 450400 Contributions Grants and Subsidies Ontario Highway improvement 1081619 Payments in lieu of municipal taxes 80520 Unconditional Per Capita Grants 10111130110831300 Ohher Municipalities 114840 Hawkestqne Police Village 156620 331400 Licences and Permits 305850 interest Tax Penalties etc 1110955 other revenues Rents Concessions and Franchises 9000 Recreation and Community Services 204425 8034125 Miscellaneous Sundry Sale of gravel Garbage Reduction in deferred revenue Gross Total Revenue Surplus from Prior Years used in reduce levy EXPENDITURE General Governdrent Executive and Legislative Administrative other Piggtion to Persons and Propert Street lighting iroteotiva Inspeaiion Livestock killed High ys Streets Sanitation and Removal Educationincludan debt charges ltecreatlon and munity Services Debt Charges haggayflebwharges abare ntschool debt charges Taxes written off Capital Expenditures out otitevenue Joint orSpeclal Exp County Ratesi 2011 Village Rates 34120121 swmwmwemawManaguam 411er gamma msnavmor gt Van WM mo lts The Season Ad ert Checkthese pricesagainstj any othel tire company You willffind that you save up to 25 every day ofvthe year notljuat during specials halfprice sales and other pricing When you shop for tires compare ality Youll see that further andgiveys more foryour dollar at every price level Vl th Goodyear its what you get forthe price that counts Sweyoufiiwdyeaamanw mnaraonr WW3 enamonaaqmrolym and fix aha mg mmthqride man