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the tribune noniij octoba 26 967 poe corporation of the township of whitchurch revenue and expenditure account for the year ended december 31 1966 revenue total revenue from taxation schedule 1 debenture debt charges recoverable schedule 4a contributions grants and subsidies ontario subsidies welfare assistance 6736112 highway improvement 11851267 police 137366 unconditional per capita grant 2399475 recreation 98754 warble fly 11370 other municipalities relief government enterprises county of york re forestry ontario hydro and department of highways licenses and permits including dog tax interest tax penalties etc bank interest other revenue rents concessions and franchises 33000 fines 380775 miscellaneous adjustment deferred revenue 4405325 sale of services 2032082 committee of adjustment 162500 school audit fees 160000 tax writeoffs to other bodies 288214 miscellaneous 62464 charity 22000 printing and postage 16104 warble fly 20340 gross total revenue surplus from prior years to reduce levy deficit for year municipal reporting form d statement 1a actual budget 82624443 81463919 3967412 4029281 4200000 11885000 115835 2394475 60000 8980 21234344 18664290 854699 400000 403584 500000 381740 415000 1333115 1100000 76611 45000 66000 550000 413775 616000 4402116 450000 130000 160000 288200 50000 35000 5000 20250 7169029 5540566 118458752 2649225 112774059 2649225 121107977 450953 115423284 121558930 115423284 expenditure actual general government schedule 2 executive and legislative 669035 administrative 4128522 other 840298 protection to persons and property fire 1765658 police 13247179 livestock claim and dog pound 699854 weedcontrol 76880 warblefly 47835 public works roads highways streets etc sanitation and waste removal social welfare education including debt charges schedule 3 i recreation and community services longterm debt charges schedule 4a 14546897 less own share of school debt charges 10565922 39 809 75 shortterm interest 240880 taxes written off deficits and levies provided water area for area levy county rates 14828513 garbage area rates 683441 community centre centennial project 182762 miscellaneous 124260 provision for working funds gross total expenditure municipal reporting form d statement kb budget 666500 4360000 949200 5637855 5975700 1497200 12325160 640400 50000 42310 15837406 25547326 350000 9043191 14555070 23500000 350000 5800000 41116328 1100968 40584155 1109470 14608769 10565922 380000 4221855 458104 4422847 460000 826921 826921 14616221 672000 15511954 15288221 650900 300000 307022 1600000 950900 1600000 121558930 115423284 statement of revenue fund surplus account for the year ended december 31 1966 debit credit balance balance at january 1 1966 2649225 surplus included in current budget 2649225 settlement re legal claim re indigent 271800 claims re railway crossing paid in prior years 566986 provision for reduction of 1967 highway claim re above 283493 deficit for the year 450953 3383671 3488011 balance at december 31 1966 104340 statement of the investment in capital assets for the year ended december 31 1966 balance at december 31 1966 no change t 100 water area statement of surplus account for the year ended december 31 1966 debit balance at january 1 1966 nil j surplus for the year balance of surplus at december 31 1966 municipal reporting form c and p2 statement ii credit 119183 87021 balance 206204 capital and loan balance sheet december 31 1966 assets due from school ratepayers for debentures public and continuation 38615739 collegiate and high 43988547 82604286 due from utilities for debentures water supply system 14158282 debentures assumed by other municipalities 19155603 accumulated sinking fund 600322 account receivable 37627 other tangible assets 100 38036635 26900000 116556220 liabilities debenture debt issued and unmatured drainage other than general 376 27 schools collegiate and high total 64936635 64974262 36823254 14158282 572100 28222 other long term debt ontario water resources commission accumulated sinking fund contributions from water area accumulating interest thereon 100 116556220 municipal reporting form a statement iii revenue fund balance sheet december 31 1966 assets cash on hand 22500 cash in bank 4564394 4586894 accounts receivable sundry no allowance for doubtful accounts 2407770 province of ontario 6601116 other municipalities 233439 school boards 55995 oak ridges water area 324983 hydroelectric power commission 26188 taxes receivable no allowance for uncollectible taxes 22452279 property acquired for taxes 1178713 less allowance for uncollectible taxes 94552 1084161 37772825 liabilities temporary loans 16000000 accounts payable sundry 1440415 debentures and coupons due 1242260 other municipalities 155917 school boards 10631 other boards and commissions hydro arrears added to roll 145853 deferred revenue 337803 provision for loss on subsidy in 1967 re receivables setup in 1966 283493 reserve for working funds 18052113 surplus 104340 37772825 municipal reporting form b statement iv trust and special reserve fund balance sheet december 31 1966 property development reserve assets cash in bank 1837429 liabilities and fund balance balance december 31 1965 76s523 add lot fees received 1050000 interest on bank deposits 21904 balance december 31 1966 1837423 5 park land reserve assets cashinbank 36481 liabilities and fund balance payment received in year 36300 interest on bank deposits vsl fund balance december 31 1966 36481 municipal reporting forms f g statement v water area public utility balance sheet december 31 1966 assets current cash 556135 accounts receivable 103302 reserve for contingencies 124000 783437 capital lands buildings plant and equipment transmission and distribution system 14158282 accumulated sinking fund 15542041 1554241 liabilities current accounts payable 20000 due to revenue fund 324983 344983 capital other long term debt owrc 14158282 commuted payments 232250 surplus capital re sinking fund contributions from water area 572100 accumulating interest thereon 28222 earned 206204 total liabilities and surplus 15542041 municipal reporting form pl statement vi water area water supply system statement of revenue and expenditure for the year ended december 31 1966 revenue sale of water residential 530917 miscellaneous revenue customers forfeited discounts and penalties 9893 share of commuted payments 18997 interest earned etc 11047 provided by municipality from tax levy general or special rates 826921 total revenue 1397775 expenditure administration and general 2830 customers billing and collecting 2013 transmission and distribution maintenance 102148 township of king share of costs 175714 owrc charge for maintenance and operation 1124 debt charges to ontario water resources commission 1026925 total expenditure 1310754 surplus for year 87021 1397775 municipal reporting form p3 statement vii cossar hector payne co chartered accountants 3630464 june 6 1967 to the reeve members of the council and the ratepayers of the corporation of the township of whitchurch 443 university ave toronto 2 dear sirs report we have audited the books and accounts of the corporation of the township of whitchurch for the year ended december 31 1966 and in accordance with the regulations respecting municipal audits issued by the department of municipal affairs of ontario subject to the report herein contained 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 audit has been conducted in accordance with the instruc tions of the department of municipal affairs 3 the financial statements present fairly the financial position of the municipality as at december 31 1966 and the results of its opera tions for the year ended on that date we have appended to the copy of the report attached to the official financial statements supplementary comments on the assets and liabilities and technical procedures cossar hector payne co chartered accountants