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We have examined the 1970 financial‘state- ments of the Corporation of the Township of Vaughan and its local boards, which are report- ed on separately. Our examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as we considered necessary in the circumstances. Charter Member Horace Ca1- verley Was made an honorary life member. A special vote of thanks was given to Mrs. Otteâ€" Iyn Addison for her years as editor of the most interesting and outstanding bulletin of the Retiring President Russell Tilt noted that the club now has 100 members. its largest membership since it started. He expressed concern that the nat- ural _environment was increas- ineg being used by motorized vehicles such as ATVs. trail bikes and snowmobiles. These tend to damage or destroy the very part of nature that the users wish to enjoy. He deplor- ed the fact that the advertising of these motorized devices tends to encourage their use in beautiful, quiet, natural areas He stated that people should use their feet to visit nature. - TO: THE MEMBERS OF COUNCIL, INHAB- ITANTS AND RATEPAYERS OF THE CORPORATION OF THE TOWNSHIP OF VAUGHAN. Seventy members of the Richmond Hill Naturausts' Club met for their annual meet- ing May 28 at the Presbyterian Church Hall. A delicious pot luck supper with great variety and quantity preceded the meeting. 1. Charges for net long term liabilities TOWNSHIP OF VAUGHAN I 1850 1 3. Net long term liabilities Total long term liabilities incurred by the municipality and outstanding at the end of the year amount to --._____--$8,827,403 Of the long term liabilities shown above, the responsibility for pay- ment of principal and interest charges has been assumed by others for a principal amount of ~___(3,072,‘.214) Long term liabilities issued by the municipality, and held by the reserve funds as investments amount to “(6,628) John Griffiths To 4. Capital outlay to be recovered in future years Some capital outlay does not represent a burden on general municipal revenues, as it is to be recovered in future years from other sources: Special charges on benefiting ’. Basis of consolidation In our Total charges for the year for term liabilities were as follows: Principal payments ________$30 Interest 38 Of the total charges shownl above, an am- ount of $148,126 was paid from the gen- eral revenues of the municipality and is included in expenditure classified under the appropriate function headings and an amount of $538,153 was recovered from the municipal enterprises for which the related long term liabilities were incurred. Total The consolidated balance sheet reflects the assets and liabilities of the revenue fund. the capital fund and all reserve funds of the municipality. Trust fund assets admin- istered by the municipality amounting to $40,744 have not been consolidated nor have the assets and liabilities of any local boards of the municipality. Water Areas and Hydro Electric System. Net long term liabilities at the end of the year _.-. landowners ____ Municipal enterprises THE LIBERAL, Richmond Hill, Ontario, Thursday, June opinion these financial statements NOTES TO THE FINANCIAL STATEMENTS December 31, 1970 Field Representative Brenda Goldberg, Federation of Ontar- io Naturalists, gave an unusual presentation on pollution and preservation of the natural en- vironment. Consisting of a sim- ultaneous showing from two slide projects, with musical background and narration, the total effect impressed the view- ers with the problems facing us all and the need for concern and action. The film “Ontario Wildlife” by Bob MacGeachie will be dent Herbert South. Directors Ken Chambers, Mac Langton, John Arbuckle, Declan Troy, Secretary. Mrs. Freddie Whil- Ians, Treasurer Miss Zeta Milne: and Records Secretary Mrs. Jean Seddon. Richmond Hill Naturalists Club. On her retirement from the job of editor, she was pre- sented with the Bob Campbell Trophy for excellence as a nat- uralist. The slate of officers for 1971- 72 was presented and approved, as follows: President John Griffiths. lst Vice - President Sam Teleki, 2nd Vice - Presi- Head Naturalists Naiure Notes TOWNSHIP OF VAUGHAN - AUDITOR’S REPORT $305,285 . 380,994 $686,273 .$ 82,869 . 4,797,481 54.880.350 net long present fairly the financial position of the Corporation of the Township of Vaughan as at December 31, 1970, and the results of its operations for the year then ended, in accord- ance with accounting principles generally ac- cepted for Ontario municipalities applied on a basis consistent with that of the preceding year. Toronto, Canada, May 4, 1971, Licence Number 3889. 6. Liability for vested sick leave benefits 7. Provision for reserves Liabilities payable in foreign currencies It was a beautiful sunny day and by the time we reached the parking area at the Conserva- tion Authority Science School, it was very warm. Everyone en- thusiastically set out down the slope after Isabel Boardman. our very pleasant and extreme- ly knowledgeable leader who ex- plained that this was one of the very few remaining horeal bogs and was formed at the end of a glacial spillway. Many hun- dreds of years ago the water ran under the glacier and for- med a deep lake at the lowest On May 29. a small grOup set out from the library to go to the Cold Creek Conservation Area. After an unscheduled side trip to Cedar Glen and a short (five minute?) walk and climb, we were re- warded with the sight of a huge nest in a tree top about eye level. Through our binocu- lars we gazed at the nest for several minutes without seeing any sign of life, when suddenly a baby red-tailed hawk raised itself up and We discovered that part of the nest we had been looking at was in fact the bird itself. point. Through the years plant life has gradually taken over and grown in from the edges. It was peaceful and cool as we entered the hog and walked quietly along the well built board walk. In the distance ‘bluejays cauld be heard calling to each other and nearer‘ we heard, among others, the songs of the water-thrush and oven- bird as well as a white-throated sparrow pensiver whistling “Oh sweet Canada, Canada. Canada.” We saw and learned about many interesting things: liverwort â€"â€"- one of the first plants to live out of water; shown June 12 at 8pm at the Island. Pre-registration is re- Presbyterian Church. quired and forms can be obâ€" A regional field gathering tained from the FON. or John will be held by the FON at the Griffiths, RR 3. Stouffville. Wye Marsh Wildlife Centre, The next meeting of the Midland. June 11, 12, and 13. Richmond Hill Naturalists‘ Club Included are field trips, a Sat- will be held September 17. with urday evening barbecue and a time and place to be advertised Sunday boat trip to Beausoleil in “The Liberal." Included in “Net long term liabilities” is an amount of $484,000 payable in U.S. dollars and is recorded on the basis of $1 Canadian being equal to $1 U.S. The Regional Municipality of York Act, 1970 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 employ- ment. 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 $64,079 at the end of the year. No provision has been made for this liability as it is the policy of the municipality to pay the accumulated sick leave benefits of retiring or terminat- ing employees from the revenue of the year in which the liability becomes payable. Provision for reserves amounting to $70,- 423 is included in the statement of revenue and expenditure under Public Works. II) Planning Act, Reserve Fund In accordance with the provisions of the above mentioned Act, the Township of Vaughan ceases to exist as of January 1. 1971 and as described in the Act, various portions of the municipality are annexed to the Corporation of the Town of Vaughan, and the Town of Richmond Hill. 1) Industrial land development project iontractual obligations and contingent h'a- bilities The unexpended funds on hand at Dec- ember 31, 1970 are subject to a con- tingent liability for drainage and other costs amounting to approximately $75,- 000. This fund is liable for an approximate amount of $25,000 for settlement costs in connection with expropriation of park land. 10, 1971 May Field Trip EDDIS & ASSOCIATES, Chartered Accountants. It was peaceful and cool as[ we entered the hog and walked quietly along the well built board walk. In the distance ‘bluejays could be heard calling to each other and nearer‘ we heard, among others, the songs of the water-thrush and oven- bird as well as a white-throated sparrow pensiver whistling “Oh sweet Canada, Canada“ Canada." We saw and learned about many interesting things: liverwort â€"- one of the first plants to live out of water; black spruce trees which are disappearing as others take over; some plants of the heath family which live in the bog but don’t absorb the acid bog water â€" they depend on their moisture from rain; different kinds of algae on top of the water which we may use some day to make bread; a bubbling clay patch which we later learn- ed was quicksand; a nearby dead honeybee, found by our youngest naturalist, with its two pollen sacs full; small equi- setum plants or horsetails which Cash __‘..~___“-_---__........_.........__ Accounts receivable Other governments M... Library board ____.__.__.___ Other ________________ Taxes receivable W Inventory, at cost ” .............. w Guaranteed investment certificates Reserve funds ______ Mortgages receivable Total current assets ___~_e Capital outlay to be recovered in future years ~_e__..._ in the days of the dinosaurs‘ were large trees and have grad- ually become smaller and smal- ler; spagnum moss which was squeezed out and used for dressings during World War I and for diapers by the Indians; the fast disappearing Jack-in- the-pulpit, wild ginger. bane- berry, dainty yellow, blue and white violets, wake-robin (red) and white trilliumS, oak fern. starflower, goldthread, wild lily-of-theâ€"valley, northern corâ€" alroot orchids, yellow clintonia. dentaria, sensitive fern, bril- liant marsh-marigolds, fungus buttons on an old log, Iabrador- tea, bog cranberry, Speckled a1- ‘der, duckweed, barren straw- lberry, sarsparllla and bloodroot. rose-breasted grosbeaks singing and flying through the trees and a red squirrel darting through the bushes. The only foreign sound to mar the peace- fulness we felt. was the sharp crack of the shotguns coming from the rifle range nearby which became noisier as we wended our way carefully past some beehives to the parking area. Back at the cars all agreed it had been a wonderful trip -â€" much more rewarding than staying at home to get the gard- ening done. Birds seen or heard on the trip but not mentioned above were the rough-winged swallow, crested flycatcher, vesper spar- il\\\l\\llllll\\\\“\lllllllllllllfilllfimlllllllllll\lll\l\\l\l\lllll\\l\\\l\llm V. O. N. VICTORIAN ORDER OF NURSES RICHMOND HILL BRANCH SERVING YORK COUNTY 884-4101 4 Yonge Street South tea, bog cranberry, Speckled al- trip but not mentioned above der, duckweed, barren straw- were the rough-winged swallow, berry, sarsparilla and bloodroot. crested flycatcher, vesper spar- As We came upon sunny row. savannah sparrow. places cattails were growing in meadowlark, yellow - shafted the water and when we came flicker, winter wren and red- up out of the bog there were eyed vireo. Revenue Taxatlon FREE PARKING auhe Newmarket &7Richmond Hill Terminals. New, comfortable [eclining seats in all 60 buses. For further information please call GO Transit Information Newmarket, Aurora. Oak Ridges: 773-5377 Contributions from other governments Payments in lieu of taxes _ Subsidies _--.____._______._.... Municipalities _~_..____.______ Other revenue Reduction in deferred reVenue Interest, capital fund ~___._ Penalties and interest on taxes Capital lot fees _,-._._-~.-_m.___ Licenses, fees and permits __ Service charges Fines ,_,_______n_n-_.--c,_____ Income from investments _._ South Bound 'BEAD DOWN 9:30 9:40 9:49 9:57 1 0:10 10:11 10:55 in Air Conditioned Comfort direct to Every Saturday. Sunday and Holiday Starting May 22,1971 Lv Unexpended capital financing and funds (unfinanced capital outlay) at the beginning of the Capital outlay Capital expenditure General government .._.__. .._-____..._.____.._ Protection to persons and pr0perty Public works _ ............ Sanitation and waste removal Community planning and development _.___.. Recreation and community services Transfers to others School boards __.______.__.___~_._________..____ Hydro _____ Water works _._____-___ Discounts on debentures issued ___._.____._.__._.____ _..._â€" Capital financing Long term liabilities incurred ~___.s--_-_~_-_._,_..MW-..-___-‘-~_ Contributions from other governments _~_-____-i-__-._____..._..__ Contributions from the revenue fund for capital expenditure Contributions from reserve funds and reserves.-- Utilities _.__-_“-__-_-..----___._._..__.._--_._.._______ Sale of industrial land _-_____________.__~____.__.._..â€"__â€"â€" Contribution from school board re sewers _..________.._._..__ Unexpended capital financing and funds at the end of the year fl--. ‘Note: The balance in the Industrial Land Development Project is included in the above year end balances NEWMARKET Water St. at Loblaws GO Terminal AURORA OAK RIDGES RICHMOND HILL MAPLE Express non-slop via 400 & 27 ONTARIO PLACE Back at the cars all agreed it had been a wonderful trip -â€" much more rewarding than staying at home to get the gard- ening done. ASSETS STATEMENT OF CAPITAL FUND OPERATIONS for the year ended December 31, 1970 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, T970 $ 8,742,369 5 8,360,6?3 CONSOLIDATED BALANCE SHEET December 31, I970 $ 5,780,178 $ 5,002,509 686,545 91 161,383 1,281,124 2,644 2,992,174 5,750,195 S 7.281.260 Richmond Hill, Maple: 920~0020 or Newmarket GO Terminal: 895-6901 Oak Ridges Agent: 773-5431 Aurora Agem: 727-9081 1970 689,442 10,024 160,921 31,312 1,095,254 1,126,566 112,252 39,514 39,419 23,572 44,589 113,710 1,460 374,516 1970 Government of Ontario Transit North Bound READ UP 556858 fiMSflflfl 888888 4 Yonge Street South NURSE-IN-CHARGE MISS JANIS WILLIAMS ‘mmnumm\\m\\\\u\\\\numumnumuumwlumuuum\unnmn 7:30 'Between age 5 and under12‘ p.m.~ (Children under 5 Free.) VICTORIAN ORDER OF NURSES RICHMOND HILL BRANCH SERVING YORK COUNTY 2,446,991 S 6.223.937 5,913,688 1969 238,929 291,535 2,157 82,024 398,067 4,643 915,656 513,980 914,084 114 946,540 274,888 1969 32,342 62,168 36,707 24,697 63,084 85,602 2,008 622 Remrn FARES Adults 'Children $2.50 2.20 1,90 1 .70 1.70 Temporary loans M Accounts payable Local boards and other funds Police villages “ ___________ __ \ Hydro Electric System N. ' Toronto Transit Commission, Bus Line funds _ Special areas _____________ Water supply system Other * ________________ _ Deferred revenue Total current liabilities _._. Net long term liabilities _ ______ m Reserves and reserve funds ..__._ Unappropriated balances Current surplus Capital fund, Industrial Land Development Expenditure General government _. .................... $ 400,864 Protection to persons and property __ 795,907 Public works ............................... ..__. 1,308,196 Sanitation and waste removal 273,378 Recreation and community services _. 151,596 Community planning and development 85,434 Financial expenses _-___--.-.---._â€"-._____ 92,377 Deficit of water area 7 written off Pine Grove watermain .____..__...___ 1,841 Water areas -1--_______~______. 186,493 Police villages ,__i,.-_._1____. 27,707 Thornhill Police Village - works _._ 10,087 County share of expenditure “-1”... 516,897 Education - local contributions _____._ 3,494,731 year Excess of expenditure over revenue for the year “W. Excess of revenue over expendrture for the year W______-__._. Surplus, beginning of the year _.___ Surplus $1.30 1.10 1.00 .90 Project end of the year This week at Cinesphere. Screenings every ‘/z hr., 10 am. to 9:30 pm. Sea50ns in the Mind. Life in Eastern Ontario produced in Panavision by award-winning film makers. Michael Milne and Peter Pearson. North of Superior. A dramatic film about Ontario’s Northwest shot in lMAX, an Ontario developed film system with the largest, brightest picture image yet achieved. Where the North Begins. A film about the lands beyond the Muskoka Lakes produced and directed by'David Mackay. 23 places to eat and drink. Ontario Place offers you 23 new restaurants, lounges, cafes and snack bars. There's indoor and outdoor service with a variety of menus and decor. Come for lunch or dinner teday. Open from 10 am. to 1 am. daily. Admission: Adults $1. Students 50¢. Children, 7 to 12, 25¢. Gates open 10 am, grounds close 1 am. Subway, bus, streetcar, and GO train connections to the site. Parking available in Exhibition Park. Come on down. It’s all yours. Lakeshore Boulevard, south of Exhibition Park. 365-7711. ontorio place 3 309,624 5 367,070 Come weekdays. Have it more to yourself. 1,305,850 1,306,613 313,856 $ (648,543) 53,883 16,650 804,639 140,331 57,444 150,000 22,903 200,000 378,270 705,460 22,883 1970 7314.619 § 313.856 LIABILITIES 1,491,390 2,453,789 2,738 79,496 614,498 746 105,864 14,563 496,633 90,000 85,500 1,352 860,000 290,598 307,671 91,355 6,000 888,865 9,300 1969 1970 .$ 800,000 $ 8,742,369 2,019,053 5,748,561 18,232 5,683 196,053 870,276 44,899 420,845 244,286 309,624 7,345,508 12,050 71,860 1970 308,534 244.286 64,248 $ 8,360,679 1,515,917 5,853,130 316,028 5 308.534 15,013 408,384 17,488 50,459 132,334 705,928 186,311 308,534 367,070 295,070 632,842 1,092,370 135,045 107,987 96,600 42,949 51,862 1,839 134,975 28,849 15,000 486,593 3,014,562 1969 6,136,543 1969 87,394 221,140