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Miss Carol Ann, Scott whose|bride-elect who was seated|Miss Marilyn Barrett, Miss - marriage to Mr. Paul Lawrence|beneath .the traditional um-|Claire Tiernéy and Miss Joan is to take place June 29, was|brélla in a decorated alcove.| Tobin. arranged by Mrs. Frank Bour-|The maid of honor Miss Bourrié rie, Adelaide avenue east, andjassisted Miss Scott in opening| Mrs, Howard Couch and her daughter, Miss Mary Fran-ja great variety of gifts, The|Mrs. Owen Gibbs attended the ces Bourrie on Wednesday eve-friends all autographed a bride's|Rebekah Assembly in the Royal ning. Twenty guests honored thelbook which had been made bylYork Hotel, Toronto, pedo a Sordan, Whitby; Mr. and Mrs. John Tychanski, Mr. and Mrs. Roy Couttie and Mr. and Mrs. Gordon Hunter of Rexdale. Thh Reverend E. W. Fuller, rector of the Anglican parishes of Port Perry and Brooklin; with Mrs. Fuller, Derrick and Kathy, returned recently from a ten-day, pre-holiday holiday in Montreal, Ottawa and Algonquin Park. A miscellaneous shower for PERSONALS Mr. and Mts. Frank Bourrie, Adelaide avenue éast, and son, John, ate leaving tomorrow on a month's motoring holiday to! British Columbia, stopping at Edmonton to visit Mrs. Bour- rie's sister, Mrs. John Moore. (ame Jo Aldwinckie, Women's Editor Dial 723-3474 A bon-voyage party was held at the home of Mr. and Mrs. Fred Armstrong, Wecker drive, in honor of Mr. and Mrs. Derek Gandy and their daughter, Mar- garet, who are leavying for En- gland this weekend on a three- month holiday. The evening was spent dancing and after a buffet supper a presentation of "luggage and personal gifts was made. Among those attending were Mr. and Mrs, Seigfield Schnepf, Mr. and Mrs. Gunther Meier, Mr. and Mrs. William THE OSHAWA TIMES, Soturday, June 22, 1963 7 Folk-Singers Entertain Club. Following Pot-Luck Supper The University Women's Clubjgive these countries of Oshawa and district held ajtional assistance. potduck supper, recently at the) As @ result of a panel dis- home of Mrs. D. M. Werne,/cussion on adult education con- Whitby. Miss Aileen Parket/qucted by chairman, Mrs, Mur- Joutlined the structural set up/iel Moore, delegates learned 'of the Canadian Federation of | that an intensive survey re- University Women and pointed|yealed that one out of 10 teen out the role it should play injage girls would be working for ae oo ing the work of/25 years and the average age all Canadian clubs to en effec-ltor a woman to have her last tual purpose. child was 26 years. Her life) ee Members received notice of expectancy is 78 years. the forthcoming program for| The cottference also learned! SH oP AND Toronto Council meeting of te) tua communication in Australia) AT GLECOFF' Ross Gibson and Avis Legett,| ate used to a great extent, | SUPERMARKET Whitby High School students|there. Outlying areas are reach-) 174 RITSON ROAD SOUTH Electrolysis Removes warts, moles and superfluous hair. educa Over 15 Yeors' Experience MARIE MURDUFF will be in Oshewe et the Hotel, June 24, 25, 26, PHONE 723-4641 for appointment on these dotes 1 the wish that all members would attend the get-acquainted tea this fall. f provided entertainment by aled by two-way imter-communhi-| folk song program with guitar | cations system. THDAY IMMY jand auto harp accompaniment.' Delegates were told education HAPPY BIR H ' J | Mrs, E. M. Culp, Miss Inenejin France is more advanced |Boes and Mrs, Barnard Lewis |than it is im this country. A) | gave reports on a regional] six-year old child is capable of tawa; Mrs, Charles Harrison, |Comerence of University Wom-| writing a letter using the prop-| : 1 aint q jen's Clubs for eastern Ontariojer form. As a teenager, he is Springhill Nova Scotia; Mrs. at Renfrew. Theme of the con-lable to choose his profession ot ee Ahepet oat ae [ference was 'Education for the|trade with considerable conti-| * |Challenge Ahead,' ence, her Brook, Newfoundland, Speakers included R. McC. "The Oshawa club now have| Selanne, Whitby | Samples, counsellor and di-|several viewpoints on how to rector of British Information|raise their scholarship fund re- group led the devotional period, | Services; George P.. Hillmer, |vealed through the reports of At the conclusion of the meetiing|assistant superintendent of se-) lother clubs. Mrs. Rex Harper thanked Mrs,|secondary schools, Professor! At the conclusion of the sup- Snowden 'and expressed best|Pierre Gobin of Gens Uni-/per, Mrs. E. M. Culp _expressed| wishes to all. Meetings will re-/versity; and Mrs. . Salbia, | sume again in September. | Canadian Sueeion, ps Univer- in sity women. Vice president 'Central Canada. THEN, you too can learn THAND .. --- with great. grandparents are Mr. Anticipating his second and Mrs, Andrew Pacze, Ot- birthday tomorrow is James Gordon Reid, son of Mr. and Mrs. James Reid, Agnes street, Jimmy is the grandson of Mr. and Mrs, Emmerson Harrison, Whitby, and Mrs. Colin Currie, Toronto, His UNITS, GROUPS AUXILIARIES SIMCOE STREET UCW No. 2 : Members of Unit Two of Sim- HOUSEHOLD HINT i. coe Street United Church; To lessen cooking time in a The conference learned Brii- Women held a pot-lick supper,|double boiler, add salt to the/atn sends education experts recently water compartment, which in-|with their families into under- President of the Mrs.\creases the temperature of the| developed countries of the Com- The outstanding school in each city is selected to teach this course taught in more than 450 cities * fen GUARANTEES Swen on nerowe 0 20 © Air Conditioners unit, Rex Harper conducted a_busi- boiling water, ness period, Mrs. Orville Eagle | read notes Church Mrs, treasurer's report and Mrs. Or- ville Eagle gave the secretary's repo. Mrs monwealth in an attempt to © Refrigerators from the United Women's quarterly Arnold Duke gave the MAPLE CLEANERS 504 SIMCOE ST. S. OSHAWA Cosh & Carry -- 4 Hr. Service 8 Hour Service Free Pick-Up and Delivery "Your Family's Friend" . PHONE 725-0643 Eber Snowden, a for- No 'baby sitter, no cor fore Of Leading Toronto Salons Experienced Hair Styiist FOR HOME APPOINTMENTS LADIES WAYNE APPLIANCES 78 SIMCOE NORTH Quolity Products -- Low Prices Accent 14 We 723- Mr. Bernard OPEN EVERY NIGHT TILL 10. 00 P.M. mer amd past president of the 2:7 SRS RO CITY OF OSHAWA AUDITOR'S REPORT To the Council and Ratepayers, Corporation of the City of Oshawa. on We hove examined the accounts of the Corporation of the City of Oshawa for the year ended December 31, 1962 and report os follows: REPORT CAPITAL AND LOAN FUND WORK IN PROGRESS Expenditures on work in progress ore made up os follows: Costs to December 31, 1962 less funds received and applied Deduct funds available from daberihire proceeds, revenue fund contributions ond other sources which have not been applied to costs ..... er $1,572,750.82 242,739.74 $1,330,011.08 Of the above amount $57,401.16 represents engineering costs and sundry expenses on various projects for which no approval has been received from the Ontario Municipal Board but which will be included in the project costs when work proceeds, It is estimated that after completion of the projects. included. in work in progress and after application of amounts received of teceivable from subsidy ond subdividers, debenture issues of approx- imately $1,235,000 will be necessary, Ontario Municipal Board approvol has been received for these debenture requirements. REVENUE FUND REVENUE FUND FINANCING The revenue fund balance sheet at December 31, 1962 shows @ a bonk overdraft of $209,840.74. This amount is represented by ean overdraft of $111,697.30 ond outstanding cheques of $98,- 143.44. Section 329 (1) of the Municipal Act permits current borrowings by way of promissory note only and we know of no other authority which would permit a bonk overdraft. As a result of our recommendation, a bank loan has obtained early in 1963 to clear the bank overdraft. DUE TO OTHER FUNDS An amount of $134,642.83 is due to the subdividers' deposit fund at December 31. Section 299 (2) of the Municipal Act states that contributions received by a municipality in consideration of expenses to be incurred as a result of a subdivision of land shall be paid into a special bank account, Of the total subdividers' de- posit fund at December 31, 1962 of $716,897.47, amounts of $582,254.64 have been placed in a separate bank account and the balance of $134,642.83 is due from the revenue fund, We are advised that subdividers' receipts will now be placed directly in the special bonk account ond therefore the above situ- ation should not arise in the future. BOARDS AND COMMISSIONS Our examination of the accounts of the City of Oshawa included the following boords, committees and commissions: Oshawa Public Library Boord Board of Park Management Hillsdale Manor Oshawa Kinsmen Civic Memorial Stadium Commissi Oshawa Children's Arena Commission North. Oshowa Community Centre Board Oshawa Public Utilities Commission Oshawa Board of Education Board of Roman Catholic Separate School Trustees Union Cemetery Board of Governors Due to the nature of the operotions of the Kinsmen Civic Mem- orial Stadium Commission, the Children's Arena Commission and the North Oshawa Community Centre Boord, the extent of the audit of their recipts has been limited. OSHAWA PUBLIC UTILITIES COMMISSION Our reports on the accounts of the Commission set out the fact that the cost of certain assets in the water and bus departments ore not charged to operations in the year of purchase. Section 64 of the Ontario Municipal Board Act requires the approval of the Board for deferring the cost of assets and this approval has not been requested. been on AUDITORS' OPINION Subject to the qualifications concerning (a) the incurring of 'a bonk overdraft by the City of Oshawa, (b) the fact that certain subdividers' funds have not been set aside in a special bank oc- count and (c) the fott thot the cost of certain assets in the Pub- lic Utilities Commission ore mot charged to operations in the yeor "The Sacmaeciiion of the City of Oshawa AUDITOR'S REPORT and FINANCIAL STATEMENTS i TAUGHT EXCLUSIVELY IN OSHAWA THE CANADIAN SCHOOL OF BUSINESS 52% SIMCOE ST: NORTH OSHAWA 728-7081 for the year ended December 31, 1962 ef purchase; we hereby report that In our opinion: (1) The financial transactions which have come under our notice have been within the powers of the municipality. (2) The oudit has been conducted in accordance structions of the Department of Municipal Affairs. Other: Due from Oshawa Housing Company Ltd. with the in- Less: Allowance for City's Share Totol: Asetts ...cuceu ess. (3) The. financial statements present fairly the financial position of the municipality as at December 31, 1962 and its operations for the year ended on that date. Gunn Roberts and Co. Chartered Accountants. 2122. Toronto, April 16, 1963. CAPITAL AND LOAN FUND BALANCE SHEET December 31, 1962 ASSETS General Fixed ane Work in Progress*. . +e Due from Schools (for Debentures) Public ond Continuation Collegiate, High, Technical and Vocational Farrer) Due from Utilities and Other Municipal Enterprises (for Debentures) Water Supply System Electric Light and Power Bus Line Extraordinary Expenses Capitalized -- Hospitals $4,034,200 2,850;200 $2,835,500 284,000 128,000 *Net after contributions from subdividers, subsidies, etc, LIABILITIES Debenture Debt Issued and Unmatured* General Hospitals ' Parks and Tera anes te Other Local ihciiviiierts Municipality's Share Owners' Shore Schools; Public and Gontinuation .... Collegiate, High, Technical and Vocgiiunal . Public Utitities and Other. Municipal Enterprises: Water Supply System Electric Light Power Bus Line $ 587,000 55,000 _ 3,825,000 $2,825,490 __1,570,146 $4,001,200 2,850,200 $2,835,500 284,000 128,000 Due to Other Municipalities (For Debentures Assumed) Due to Revenue Fund ... *Debenture debt issued and unmatured in the omoun 000. (U.S. Funds) included in the amount of $18,961 ot par of exchange. On December 31, 1962, United were quoted in Toronto at a buying rate of $1.075 in terms of Canadion Funds REYENUE FUND BALANCE SHEET December 31, 1962 ASSETS Cash on Hand Cash in Bank . Accounts Receivable: Sundry $ Mortgage Agreements 4,000 169,743 24,000 193,743 Less: Provisions for mortgages .. Due from Province of Ontario .... Due from Dominion of Canada Due from Other Municipalities Due from Public Library Board Due from Other Funds: Capital and Loan Fund Reserve Funds Toxes. Receivable Less: Allowance tor Uncollectible Property Acquired for Taxes é Less: Allowance for loss on Resale Other Assets: Deferred Chorges Inventories $1,330,011 64,830 "$ 243,421 4,748 $25,725 Taxes License Number ,536. is shown the results of Accrued | Debentures o Principal $18,598,924 Interest 1,330,011 Due to Schools LIABILITIES Bank Overdraft .... Accounts Payable and tems nd Coupons Due: $ 3 Due to Oshawa Public Ut Due to Other Commutat Subdivider 6,884,400 ilities Commission Funds: ions s' Deposit Funds .... Other Liabilities: Deferred Revenue 3,247,500 587,000 revenue funds, Bolance ot Beginning 1963 Revenues Paid in Advance ... Total Liabilities and Surplus REVENUE FUND SURPLUS ACCOUNT -- December 31, 1962 Debit OF YOOF isies. Surplus Included in Current Budget Adjustments $ 4,467,000 Public Util watermain 4,395,636 Sundty ad $283,907 affecting operations of previous years: ities Commission charge adjustment prior yeors justments ., Bolance after above adjustments Surplus for 6,851,400 Total of Debi Credit Columns Bolance of Surplus the yeor ...5.. t and ' $283, 907 $ ot year end 3,247,500 $18,961,536 10° 323,288 Total Revenu $30,647,835 t of $2,56],- Stotes funds ond Subsid from Taxation Long-Term Debt Charges Recoverable Contributions, REVENUE Ac e Grants jes Governments: Ontario-- Children's Protection Direct Relief Health $ 27,068 223,882 90 sees 17; Highwoy Improvement ..++ 408,807 Police and Fire ... Share Lic 6,619 8,147 seeee of Liquor ense Fees ..... Unconditional Per Ca Oth pital Grants .... 248,584 968,550 Other Municipalities: Relief Rebates .... Government Enterprises: Canada Government owned 1,394,841 prope Ontario rty Hydro Electric 238,673 Licenses. and (including Interest, Tax Penalt Power Commission Liquor Control Bd. $ 4,292 2,398 | Permits dog tax) jes, etc.. _192,659 6, 44, 74,791 374 13,412 32,962 _ $2,239,033 209,841 471,272 13,111 505,770 231 16,307 149,412 20,205 539,215 326,780 $2, 239, 033 Credit Balance $281,968 $ (1,939) 6,590 90 322,039 610, 667 $326,780 STATEMENT OF REVENUE AND EXPENDITURE "For the Yeor Ended December 31, 1962 tual Budget $ 8,797,149 $ 8,668,808 406,044 406,044 804,173 9,709 60,000 690 626 40,500 23,000 Other Revenues -- Rents, Concessions and Franchises Fines : 60,402 Service Charges 7,475 i Recreation and Community '5,941 89,382 568,297 11,025,238 283,907 $ 15,564 73,200 49,000 10,124,728 283,907 Miscellaneous Gross Total Revenue. . Surplus from Prior Years used to reduce levy Total Revenue Section $11,309,145 $10,408,632 EXPENDITURE Actual Budget General Government: Executive and Legislative Administrative 19.310 352,478 288,757 $ $660,545 $699,671 Protection to Persons & Property: Fire Police .. Law Enforcement _ Street Lighting ...... Protective Inspection. . sae Dog Control ie Saving ot Lake. M.O. 658,605 578,326 105,183 115,554 26,153 11,922 2,868 992 1,499,603 1,565,528 Public Works -- Roads, Highways and Streets, etc Sanitation and Waste Removal .. Conservation of Health.... Social Welfare: Child Assistance. . Relief Assistance Institutional Care.....+. 517,270 539,545 526,200 188,656 $12,688 189,452 486,594 481,824 Education, including debt charges Recreation and Community Services Debt Charges: Long-term debt charges. . Less: Own share of school debt charges 3,481,806 3,434,429 388,267 375,469 $ 2,296,155 702,133 1,594,022 35,464 Short-term interest and other charges 1,629,486 1,602,316 Institutional and Public Utility Deficits Provided: Utility deficits--Bus Dept. $ 28, 554 Utility levies -- Water Frontages . . 16,314 4,000 Union Cemetery Boord 48;868 51,910 ; 36,404 27,314 765,989 43,000 15,000 595,500 Discount for Taxes...... Taxes Written Off. . Capital Expenditures out of Revenue.... Miscellaneous: Grant to Oshawa Hospital Reassessment costs (portion) Civic Admin. Survey.... Provision for deferred revenue..... seeeee $ 100,000 22,500 10,700 15,581 140,584 148,781 Provisions for Allowances, Reserves and Reserve Funds 594,039 149,000 Gross Total Expenditure... 10,987,106 10,408,632 Surplus for the Yeor....++ 322,039 $11,309,145 10,408,632 Total Expenditure Section..