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b ml 5 L 2 , * So EE EEEE------ TY ERE FESPA SLA DSTA CURE CLINE DEAN TT 1HUI3UAY, JULY "i 1714 £3 LindsayPresbyterial holdSummerRally at Sutton The 1974 Summer Rally of Lindsay Presbyterial W.M.S. was held in St. Andrew's Presbyterian Church, Sutton on June 12th with the afternoon session commencing at 2 p.m. and evening session at 7 p.m. Mrs. P.J. Francis, the Presbyterial President opened the afternoon session with the Call to Worship and prayer after which she wel- comed all those present. Hymn 51 was sang follo- wed by the service of Wor- ship conducted by the ladies from Leaskdale W.M.S.: Mrs. L. Harrison read the scripture Thessalonians 2, Chapter (2-1-12) and gavea meditation on the scripture; Mrs. G. Harrison led in prayer; Mrs. C. Giles dedi- cated the offering. Mrs. C.H. Wilkins, presi- dent of the Sutton W.M.S. and Rev. H. Ruiter, minister of St. Andrew's extended a warm welcome to everyone. The announcement were: The Centennial Celebration of the Presbyterian Church in Canada is to be held at Glen Mohr Camp on the afternoon of June 23rd. Lind- say Presbyterial has sponso- red two girls from the Sutton congregation to attend Glen Mohr Camp in 1974. The fall executive meeting of the Presbyterial is to be held in Woodville Church on Wed- nesday, September 25th at 2 p.m. at which time the report from local auxiliaries will be given as to whether or not a change to a morning an an afternoon session for any future rally is to be preferred to an afternoon and evening session. The registration desk re- ported an attendance of 87. After Hymn 489 was sung, Mrs. Wills, Mrs. Thomas and Mrs. Wm. Ross, the dele- gates to the Synodical held in North Bay gave their de- tailed and interesting re- ports. Mrs. H. Windrem, the immediate Past President favoured the group with the beautiful solo, A Stranger in Galilee. The Presbyterial secretar- ies gave their reports and offered assistance to any groups. Mrs. C: Fennell, the pres- byterial treasurer gave her financial report favourable with 1973. The president then called on Miss Dorothy Keller, our area resource person who attended both the Council meeting of the W.M.S. and the General Assembly of the Presbyterian Church and gave a most informative report on both meetings. Mrs. Wilson, the Litera- ture secretary, gave a sum- mary list of available books that were on display. Mrs. J.H.Fadyen closed the afternoon session with prayer. After Rev. Ruiter said Grace, the Sutton ladies served a very tasty buffet supper. Prior to the evening ses- sion, Mrs. Jean Veale, assis- ted by the ladies who formed a choir, led in a sing-song of familiar hymns. Mrs. Francis opened the evening session with a call to Worship and Prayer follo- wed by the singing of Hymn 41. The service of Worship was conducted by the ladies of the Uxbridge W.M.S. Mrs. Murray read the scripture Thessalonians 2, Chapter 3 (1-13) Mrs. Wilson gave Mrs. the Beaverton Quintet: Mrs. the meditation and prayer. Mrs. Clarke dedica- ted the offering. Bob Ross, Miss Cherie-Lynn Wallace, Mrs. J. Demerling, 'Miss Carol Rss and Mrs. J. Wallace who sang the favou- rite Sgottish Ballad 'Amaz- Francis introduced ing Grace'. Mrs. Webster of the Cress- well W.M.S. introduced the guest speaker, Mr. Hugh Appel the student minister wom Wick and Cresswell who gave a stirring and thought-provoking speech on the topic 'Hang-on'. Mrs. Appel said we have been AUDITORS REPORT & FINANCIAL STATEMENT CAPITAL FINANCING given a special task to witness for Christ and even if we are in a minority we are never alone. Long term liabilities incurred 11,700 3,900 TOWNSHIP OF REACH Contributions from other governments 1,710 Contributions from the revenue fund 22,039 18,900 Contributions from reserve funds For the year and reserves 12,935 ended December 31, 1973 agen eto Unfinanced capital outlay (Unexpended AUDITOR'S REPORT capital financing) at the end of the year Nil Nil To the Members of Council, Inhabitants and Ratepayers of the Corporation of the Township of Reach: CONSOLIDATED BALANCE SHEET We have examined the consolidated balance sheet of the As at December 31, 1973 Corporation of the Township of Reach as at December 31, 1973 1973 1972 and the statements of revenue and expenditure and of capital $ $ fund operations for the year then ended. Our examination ASSETS included a general review of the accounting procedures and Current assets ; such tests of accounting records and other supporting evidence Cash 39,856 17,553 i as we considered necessary in the circumstances. Accounts receivable 43,496 47,844 | In our opinion these financial statements present fairly Taxes receivable 85,904 115,326 the financial position of the Corporation as at December 31, 1973 and the results of its operations for the year then ended, 169,256 180,723 in accordance with accounting principles generally accepted for Ontario municipalities applied on a basis consistent with Capital outlay to be recovered that of the preceding year. in future years 26,648 16,459 DELOITTE, HASKINS & SELLS Chartered Accountants 195,904 197,182 Oshawa, Ontario February 22, 1974. LIABILITIES License No. 4434 Current liabilities Temporary loans 100,000 85,000 STATEMENT OF REVENUE AND EXPENDITURE Accounts payable and accrued liabilities 25,315 30,468 For the year ended December 31, 1973 Other current liabilities ... ... 2,977 567 1973 1972 $ $ 128,292 116,035 Accumulated net revenue (deficit) at the beginning of the year . . .. .. 18,787 26,429 Net long term liabilities ................ 26,648 16,459 Reserves and reserve funds ........... 41,993 45,901 EXPENDITURE Accumulated net revenue (deficit) General government .... 35,437 36,944 and unapplied capital receipts .... (1,029) 18,787 Protection to persons and property ....... . 34,489 22,161 Transportation services ................ 241.539 210,850 195,904 197,182 Environmental services .............. 20,766 15,517 Conservation of health 64 Social and family services -- cs 8.819 12,613 NOTES TO FINANCIAL STATEMENTS Recreation and community services ... ... 4,173 2,386 For the year etded December 2). 1973 Community planning and development = 12413 10.368 . S7 Me yeas r LL Financial eXpenses ... ................cccco..... 4,314 2,001 1. Basis of Consolidation Region or county -- share of expenditure 92,949 116,842 The consolidated balance sheet reflects the assets and Education... 361209 335,860 liabilities of the revenue fund, the capital fund and the reserve fund of the municipality. Trust fund assets (816,262) (765,542) administered by the municipality amounting to $2,312 have not been consolidated nor have the assets and liabilities of any local boards of the municipality. 2. Net Long Term Liabilities REVENUE Total long term liabilities incurred by the TaXAUOR oo 618,810 575,547 municipality and outstanding at the end of the Contributions from other governments .... 145,754 150,576 year amount to ........... ee oo... $151,648 Other .........ccooooieeeeeeeeeee, reece 31,882 31,777 Of the long term liabilities shown above the responsibility for payment of principal and 796,446 757,900 interest charges has been assumed by Ontario . County Board of Education for a principal Accumulated net revenue (deficit) amount of . 125,000 at the end of the year ......... (1,029) 18,787 Analysed as follows: Net long term liabilities at the end of the year $ 26,648 General TEVENUE ooo 1,923 18,787 This amount of $26,648 does not represent a burden on Special charges ........................ (2,952) general municipal revenues but is to be recovered in future years by special charges on benefiting landowners. (1,029) 18,787 3. Liability for Vested Sick Leave Benefits STATEMENT OF CAPITAL FUND OPERATIONS For the year ended December 31, 1973 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 employment. 1972 The liability for these accumulated days, to the extent that $ they have been vested and could be taken in cash by an employee on terminating, amounted to $6.764 at the end of the year. A provision of $1,268 has been made for this Nil past service liability and is reported on the consolidated balance sheet. 4. Other Matters As of January 1, 1974 under the Regional Municipality of 849 Durham Act the Township of Reach amalgamated with the Corporation of the Township of Cartwright, the Corporation 1973 $ Unfinanced copital outlay (Unexpended capital financing) at the beginning of the year .. Nil CAPITAL OUTLAY Capital expenditure: General government ...... a Protection to persons and property 11,139 Transportation services ... I 11,143 Environmental services .......... 11,452 Recreation and community services .. 2,950 Transfers to others . 11,700 48,384 17.327 of the Township of Scugog and the Corporation of the Village of Port Perry as a township municipality in the 794 Region of Durham bearing the name of the Corporation of 3.900 the Township of Scugog. The Regional Municipality of Durham Act provides for the Region to assume the res- 22.800 ponsibility of certain services which were previously the responsibility of the Township. TR DI . a BND vo G2 AIS rN, 2 -E ~ HE Dd lt. Noe }