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EA i na ES. y -_ PORT PERRY STAR -- Tuesday, June 10, 1986 -- 19 The Corporation of the Township of Scugog » . 2 Z| Ws TOWNSHIP or SCUGOG N= W 985 FINANCIAL HIGHLIGHTS | a - ~ DECEMBER 31, 1985 1 B 1965 1984 g / 1965 1904 i - ) | Er | \ A General Municipal 71.464 84.074 71.344 83.934 UNRESTRICTED . Regional 66.319 . 78.023 63.210 74.365 Cash $ 63,830 '7,959 it B Secondary School 79.514 93.546 74.537 87.691 Taxes receivable 935,448 915,929 Elementary Public School 98.779 116.211 90.041 105.931 Accounts receivable 166,596 451,348 Elementary Separate School 106.430 125.211 95.048 111.821 Other current assets 73,381 82,954 | 1,239,255 1,458,190 RESTRICTED n. . Cash 240,220 259,403 8 Accounts receivable . 14,155 : 'Long term receivables 69,150 3 240,220 '342,708 > | CONSOLIDATED STATEMENT OF OPERATIONS A i > ' ' 0 ' . p | YEAR ENDED DECEMBER 31, 1985 se m-- t | ! LIABILITIES { : Budget Actual Actual TEMPORARY L 1985 1985 1984 OANS $ 330199 ACCOUNTS PAYABLE AND ACCRUED SOURCES OF FINANCING LIABILITIES : 340,072 233,156 A. Taxation and user charges : 5 Residential and farm taxation $1,574,663. $1,576,299 $1,499,234 OTHER CURRENT LIABILITIES 160,447 110,291 . Commercial, industrial and business taxation 286,304 287,550 259,167 490.519 673.586 Taxation from other governments 67,886 68,889 66,108 yo ' User charges 304,525 353,724 338,733 ; Co NET LONG-TERM LIABILITIES Grants ' Government of Canada - 16,342 8,452 FUND BALANCES AT THE END OF THE tL : - Province of Ontario 1,061,473 1,052,553 1,061,039 * YEAR a To be used to offset (orto be Other recovered) from taxation or user A Penalties and interest on taxes 130,000 151,713 136,707 charges in 1986 (17,263) 133,490 Contributions from developers - 114,600 83,425 Unapplied capital receipts - 1,000 dy Investment income 50,000 80,333 86,590 Reserves . 765,999 650,114 Sale of land and fixed assets - - 56,288 Reserve Funds 240,220 342,708 Other 3,040 - : \ $1,479,475 $1,800,898 D. MUNICIPAL FUND BALANCES, BEGINNING OF YEAR To be used to offset taxation or user charges 134,521 133,490 62,896 YEAR END POSITION OF Unapplied capital receipts - 1,000 5,490 RESERVE AND RESERVE FUNDS TOTAL FINANCING AVAILABLE DURING THE YEAR $3,609,372 $3,839,533 $3,664,129 1988 1984 8 $ "I | RESERVES: : - : A PLIED TO Working Funds 165,339 140,339 ; perations Municipal Projects 370,999 381,114 General government $ 442,100 §$ 395188 § 354,715 oy pal Projec 11 ne! Protection to persons and property 339,299 311,180 299,543 Sek Lsave 72.000 59,000 . Transportation services 1,304,518 1424434 1215029 Avaitory £9,661 69,661 / | Environmental services 157,300 156,575 123,312 RESERVE FUNDS: Health Services 000 Lot Levies and Subdivid Recreational and cultural services 499,312 530.069 476,388 Oia ane Ubamiders eine 108.352 Planning and development 12,200 17,346 16,610 Racrastional Land 35, 005 40.134 2,754,729 2,837,452 2,485,597 : Capital FUNDS HELD IN TRUST: 184,928 183,019 | Sp General Government 18,000 96,516 3,166 1,101,118 1,071,419 yo Protection to persons and property 72,150 49,316 39,034 = Transportation services - Roadways 506,943 469,997 701,075 bi - Marina : 86,753 GENERAL NOTE: |B Health services 28,000 53,000 53,000 | ) i Recreational and cultural services 61,550 145,943 111,534 1. In keeping with Provincial directive, the Township of Scugog statement } 686,643 901,525 907,809 reflects the operations, assets, liabilities, and equity of the Revenue Funds, i Reserve Funds and Capital Funds, consolidated with the respective - Operations and Balance Sheets of the Corporation of the Township of NET APPROPRIATIONS TO RESERVES Scugog and its local Board, The Township of Scugog Public Library Board. | AND RESERVE FUNDS 168,000 117,819 136,233 oo X i ' 2. The enterprise of the Township whose revenues and expenditures have 4 not been consolidated in the 1985 Financial Report is the Scugog Hydro- ) : Electric Commission. ' C i MUNICIPAL FUND BALANCES, END OF YEAR ) { To be used to offset (or to be recovered 17 263 {33400 3. The data presented here has been extracted from financial statements from) taxation or user charges (17.263) 1.000 audited by Deloitte, Haskins & Sells. Detailed financial statements and : Unapplied capital receipts : the Auditors' Reports thereon for the Township of Scugog and its Board, ! - as well as the consolidated statements, are available in the Treasury Office. 0 TOTAL APPLICATIONS DURING THE YEAR $3,609,372 $3,839,533 $3,664,129 w rev y 0 KATHLEEN HARPER TREASURER TOWNSHIP OF SCUGOG LC or