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Page 12; News, Tuesday, July 23, 1991 Township of Schreiber financial statements. CONSOLIDATED BALANCE SHEET DECEMEBER 31, 1990 ith Comparative Figures for 1989 Liabilities -- le and accru 1aa0 1989 se $1,000,106 154,780 Assets Deferred revenue 46,449 29,527 Lipiieereted: -Payable to reserve funds 046.555 Sige r Cash $88,164 $66,405 aed Taxes receivable 239,373 161,011 s 111,079 User charges receivable 4,027 5,241 ee ieee * Acccunts receivable 477,406 163,609 Other current assets 594 78 Fund balances, end of year: Receivable from reserve fund 108,396 To be used to offset (recovered eae 917,960 396,344 from) taxation (note 3) (39,706) s Capital outlay not yet permanently financed (note 3) (238,889) Restricted: Reserves (note 4) 150,000 150,000 Cash 459,606 393,929 Reserve funds (note 4) 351,210 453,858 Receivable from (payable to) 222,615 605,966 revenue fund (108,396) 59.929 $1,380,249 $980,873 351,210 453,858 Contractual obligations (note 10) Capital outlay financed by long- See accompanying notes to term liabilities and to be recovered financial statements in future years (note 1(b)(iv)) 111,079 130,671 $1,380,249 $980,873 TOWNSHIP OF SCHREIBER Consolidated Statement of Operations Year ended December 31, 1990, with comparative figures for 1 1990 1990 1989 1990 1990 1989 Budget Actual Actual Budget Actual Actual Sources of financing: Applied to: Taxation and user charges Current Operations (note 6,8,9,10, 11) Residential and farm taxation $463,224 $464,562 $436,373 General government $362,799 $387,053 $374,529 Commercial, industrial and Protection to persons property 87,604 71,881 95,098 business taxation 228.373 228,891 222,788 Transportation services 324,973 320,415 356,044 691,597 693,453 659,461 Environmental services 362,857 351,437 351,827 Taxation from other governments 31,700 28,218 26,192 Health services 66,278 73,394 58,365 User charges: Social and family services 258,050 298,690 163,618 Water 165,000 165,554 163,348 Recreation and cultural services 481,933 507,244 460,118 Sewer 128,000 127,570 126,975 Planning and development 6,100 6,917 15,432 Fees, service charges and 1,950,594 2.017.031 1,875,022 donations 141,200 150.395 140.650 Capital: 1,157,497 1.1651 1,116,626 General government 5,000 . 2,213 Grants Protection to persons and Property 144,000 151,126 29,950 Government of Canada . 27,458 5,795 Transportation services 63,909 51,964 63,132 Province of Ontario 852.018 3,064,096 984,239 Environments services 6,200 2,403,599 214,106 852.018 3,091,554 990,034 Health services 10,960 15,898 657 Other: Social and family services 1,460 - 2,858 Investment income 20,000 78,299 59,130 Recreation and cultural sevices 21,000 25,998 33,374 Sale of Land - - 2,666 Planning and development 58,000 71,824 44,774391 Penalties and interest on taxes 17,300 17,371 13,065 310,529 2,720,409 064 Sale of publications and equipment - * 2,005 Net appropriations to reserve funds » » 12,182 Fines 2,200 1,625 1,653 Donations - 50 - Municipal fund balances, end of year -39,50 97,345 78,519 (note 3): Proceeds from issue of long-term To be used .to offset liabilities - - 53,268 (recovered from) taxation - (39,706) 2,108 Net appropriations from reserve funds 210,000 102,648 Capital outlay not yet permanently > (238,889) - Municipal fund balances, beginning of financed year (note 3): to be used to offset taxation 2.108 2,108 41,929 Toatal financiang available during the Total applications during the year $2,261,123 $4.458.845 $2,280.37 year $2,261,123 $4,458,845 $2,280,376 see accompanying notes to