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Terrace Bay-Schreiber News, Wednesday, August 12, 1987, page 7 = Capital General government 17,100 11,974 11,722 Protection to persons and property 15,500 21,736 3,724 Transportation services 80,100 41,840 98,148 Environmental services 7,700 5,425 20,081 Health services 1,922 Recreation and cultural services 85,500 126,594 108,475 Planning and development 1,650 205,900 207,569 245,722 Net appropriations to reserves and reserve | funds 66,000 77,009 Municipal Fund Balances at End of Year To be used to offset taxation or user : charges 24,373 45,000 Total applications during the year $2,274,162 $2,346,162 $2,252,483 J '\ : CONSOLIDATED BALANCE SHEET ASSETS December 31 1986 1985 Unrestricted _ Cash $ 173,159 $ 235,093 Taxes receivable 74,272 50,672 Accounts receivable 148,351 80,689 Other current assets 18,197 395,782 384,651 Receivable from (payable to) reserve funds . 15,939 (19,425) : 411,721 365,226 Restricted Cash : ' 350,825 238,452 Receivable from (payable to) revenue fund (15,939) 19,425 334,886 257,877 $746,607 $623,103 LIABILITIES a Accounts payable and accrued liabilities $236,207 ; $170,226 Other current liabilities 1,141 237,348 170,226 Fund Balances at end of year To be used to offset taxation or user charges in 1986 24,373 45,000 Reserves 150,000 150,000 Reserve funds 334,886 257,877 $746,607 $623,103 = TRANSACTION FOR SCHOOL BOARDS 1986 1985 eTaxation and user charges $1,815,733 $1,699,487 eGrants '1,036 674 eOther revenue 9,790 12,650 Requisition paid 1,787,641 1,706,142 YEAR-END BALANCE OF FUNDS UNDER ADMINISTRATION 1986 1985 eTrust Funds $18,019 $15,802 NOTES 1. The 1986 financial report consolidates the operations, assets and liabilities of the Township and its local boards and municipal enterprises as follows: Terrace Bay Public Library Board and the Ter- race Bay Recreation Committee. 2. The local boards, enterprises and other entities of the Township whose revenues and expenditures have not been consolidated in the 1986 financial report are District of Thunder Bay Home for the Ag- ed, Thunder Bay District Health Unit, North Shore Family Resource Centre, Emergency Measures Organization and Township of Terrace Bay Electrical Utility. 3. The above data has been extracted from the audited 1986 Consolidated Financial Report of the Township and its local boards as described in Note 1. Copies of the 1986 Consolidated Financial Report and the auditor's report thereon, or the audited financial statements for the local boards, enterprises, and other entities not consolidated (see note 2) are available at the Township Offices to any resident who wishes to review or analyze the financial operations of the Township to greater detail. 1