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= OCTOBER 9, 1969 TERRACE BAY_NEWS PAGE 1 TOWNSHIP OF SCHREIBER FINANCIAL STATEMENTS - Cont'd from page . EXPENDITURE ied General government 23,137 25,713 TOWNSHIP OF SCHREIBER | ; Protection to persons and property 13,611 22,314 : Public works 31,580 31,875 STATEMENT OF REVENUE AND EXPENDITURE Sanitation and waste removal 8,922 8,128 Conservation of health 10,914 5,613 FOR THE YEAR ENDED DECEMBER 31, 1968 Sooial and family services 4, 206 17,690 : Reoreation and community services. 29,956 25,126 : Community planning and development REVENUE 1968 1967 Financial expenses 2,166 9,127 Other TH, O45 $ $ County-shere of expenditure Education - local contributions 139,809 113,745 Taxation Totel expenditure 278,346. 258,731 Realty T40, 340 oa Business . 13, 234 Special charges 362 (deficiency) of revenue over expenditure for the year (207) (5,890) 153,936 203,598 Surplus (at the beginning of the year) 98,685 o0h,575 Contributions from other governments Erie eT ia eaten ee Payments in lieu of taxes 3,892 2,500 Surplus (at the end of the year) 98,478 98,685 Subsidies 98,641 23,323 : -- Municipalities 102,533 25,823 Other revenue 21,670 23,420 Total revenue 278,139 252, 841 TOWNSHIP OF SCHREIBER CAPITAL FUND BALANCE SHEET AS AT DECEMBER 31, 1968 LIABILITIES 1967 ; '$ 4 $ Current assets = Current liabilities Cash 3,651 5,416 Bank overdraft x Investments, at cost (1968 market value $ ) Temporary loans Accounts peyable and accrued liabilities Accounts receivable 5,000 Other governments Other governments _ Canada Canade, Ontario Ontario E Municipalities Municipalities ; Local boards and other funds Local boards and other funds Revenue fund - 2,565 2,695 Waterworks 10,000 T4000 Waterworks 2,087 2,4k9 Other Other Unexpended debenture funds - I, 086 tevek 13,651 24, 4I6 5,738 12,865 Future recoveries from levies or rates Net long term liabilities Municipal enterprises General municipal activities 38,400 47,200 - beng boards 371,500 Municipal enterprises eesti sie oi 3? continued Page Ty eeeceae School boards 371, 500 391, 000