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page 6 the tribune tcursdav jurc i 1372 uxbridge estate development approved in principle uxbridge twp the wade subdivision lot 23 cone 2 a proposed estate development pre sented to council a few weeks ago by planning board was again discussed may 29 mr wade and his solicitor asked councils approval to submit the plan to the department of municipal affairs mr kerr com mented on views reported at the previous meeting that councillor muirhead advocated a cluster buildup over the more conventional 3acrelot plan and presented his recommendations in favor of the wade design mr muirhead responded that his interest in cluster development had been misinterpreted that he did not mean he would not vote for the sub division it was certainly not my in tention to hold up processing of your plan he added mr muirhead proposed a motion that council approve in principle the plan as presented the motion was carried councillor darcy higgins op posed and deputy- reeve don jackson was absent during this part of the meeting criticizes hours of dump operation fbrendlv phhos0pw i thholym0osokr whcmmooc saws you viowisuppebsahdmwife xraxkt08a8kat m norman fretz meats custom slaughtering freezer orders rr 3 claremont 6403125 choice cut meats thurs fri sat stouffville at least one local resident is irritated over the new operating hours for dumping garbage council received a letter may 23 from murray holden of manitoba street mr holden termed the hours of operation ridiculous and complained that it is extremely difficult for him to take his gar bage to the bremner site he pointed out that the site is open for only 2l- hours saturday morning and observed somebody should be able to make better arrangements mr holden said that these hours force people to give more business to the spademan or lehman disposal services and concluded by asking why the dump couldnt be open two evenings per week mayor ken laush- way felt the criticism was undeserved we can arrange to have the place open two nights a week but well have to pay for it he said i dont think the hours are ridiculous he should take advantage of the weekly garbage collection councillor betty vannostrand agreed and reminded members that the old agreement provided for the site to be open five days only we succeeded in having it open on saturday mornings she stated business directory licensed public accountants chiropractors i bregman shftrpuby co chartered accountants 22 main st w stouffville ont resident partner s kusatz ca 6j01991 9641370 j s delaurier dc 201 main street west stouffvilte ontario office hours by appointment only monday to saturday telephone 6403562 i ontario land surveyors leonard r rosenberg associates chartered accountants 84 yonge st s aurora phone 8875720 8892741 funeral directors james turnbull chartered accountant box 369 rri unlonvllle 3641595 2972175 johncwylie fia licensed public accountant auditor office residence wylle acres mussel- mans lake rd rr 2 stouffville phone 6103144 oneill funeral home stouffville funeral director mrs fay minton continuous telephone service day or night ph stouffville 6402855 d h black ontario iaml surveyor 310 painted post dr corner of markham ltd scarborough ont phone office 2825283 res 2824508 r g mckibbon ontario laiul surveyor 261 wellington vv markham phone 2943754 tribune classified ads get results malcolm phillips ontario land surveyor 157 main st w stouffville phone 6404031 optometrists f richard black od optometrist stouffville medical centre for appointment 6403722 hours 10 am 8 pm every tuesdajr i stouffville junior choir organized five months ago by mrs barbara sibbick assisted by mrs jean hammond the stouffville jr choir has been well received at all community functions where they have participated practices are held regularly every thursday evening members include front kow left to right kathy barrett kelly glenn janet hope leslie simons shelly nesbitt julie jones colleen staples howard vanstone cindy sibbick and susan armstrong hear how left to right doug lang christine simons elaine duxbury nancy hammond paul simons barry thomas mike davis donna bangay and adam elliott jas thomas leading citizen dies brooklin heber down a man who made a name in fields ranging from agriculture to politics passed away may 27 in oshawa mr down was still a member of whitby town council at the time of his death part of a political career that dated back to 1935 when he was elected to pickering township council he was warden of ontario county elected on the first ballot in 1953 mr down uvas a wellknown figure in ontario agriculture he bred clydesdales which consistently won prizes at horse shows across the province the 1956 international plowing match was held on his farm west of brooklin the late mr down is survived by three brothers russell norman and wilbur of oshawa and three sisters marion mrs harold hayes beatrice mrs orville osborne and olive mrs fred robbins he was predeceased by his wife the former bertha harlock and by a sister mabel mrs frank prouse service was held may 30 in brooklin united church rev g munday officiating interment oshawa cemetery was in union found your car now find out about auto loans at your credit union you can save while you repay the loan you can pay ahead without penalty you can refinance later without higher rates the v stouffville district you can buy your auto insurance where you wish if you are eligible most members are your loan is lifeinsured at no extra cost 6402811 f m 96 main w stouffville credit union l i m i t- c d the town of whitchurch stouffville financial statements december 31 1971 auditors report to the members of council inhabitants and ratepayers of the corporation of the town of whitchurchstouffville we have examined the 1971 financial statements of the town of whitchurchstouffville and its local boards which are reported on separately our examination included a general review of the accounting procedures and such tests of accounting records and other supporting evidence as we considered necessary in the circumstances in our opinion these financial statements present fairly the fin ancial position of the town of whitchurchstouffville as at december 31 1971 and the results of its operations for the year then ended in accordance with accounting principles generally accepted for ontario municipalities toronto canada april 14 1972 licence number 4102 eddis associates chartered accountants consolidated balance sheet december 31 1971 assets cish accounts receivable other governments other taxes receivable guaranteed investment certificate total current assets capital outlay to be recovered in future years total liabilities temporary loans accounts payable and accrued liabilities other governments local boards and other funds trust funds other total current liabilities not long term liabilities reserves and reserve funds surplus general revenue special areas 44058 5522 total 139213 75121 10433 350585 5000 580352 272192 852544 170000 19534 24682 2470 51325 268011 267341 278656 38536 852544 statement of revenue and expenditure for the year ended december 31 1971 revenue taxation 1604940 contributions from other governments payments in lieu of taxes 14038 subsidies 419163 other revenues licences and permits 15223 fines 865 service charges 7486 penalties and interest on taxes 31499 rents concessions and franchises 1920 deferred revenue ill sundry 3659 area service charges stouffville sewers 6309 2105213 expenditures general government protection to persons and property public works sanitation and waste removal recreation and community services community planning and development financial expenses county of york cost of education excess of revenue over expenditure for the year surplus beginning of the year former village of stouffville 20223 former township of whitchurch 1412 177653 57797 309825 111339 45414 6459 53745 321160 1005020 2088412 surplus end of the year 16801 21735 38436 statement of capital fund operations for the year ended december 31 1971 capital outlay capital expenditures general government 42990 public works 49991 recreation and community services 18570 total 111551 capital financing contribution from other governments 21032 contributions from revenue fund 90519 total 111551 notes to the financial statements december 31 1971 1 the regional municipality of york act rso 1970 created the area municipality of the town of whitchurchstouffville on january 1 1971 the former village of stouffville annexed certain portions of the former township of whitchurch and township of markham these financial statements report on the first year of opera tions for the town of whitchurchstouffville comparative figures of the former municipalities are not shown as they would not be meaningful in the circumstances 2 charges for net long term liabilities total charges for the year for net long term liabilities were as follows principal payments interest 37806 18259 56065 of the total charges shown above an amount of 49941 was paid from the general revenues of the municipality and is in cluded in expenditure classified under the appropriate func tional headings and an amount of 6122 was recovered from the municipal enterprise fbr which the related net long term liability was incurred 3 provision for reserves provisions for reserves amounting to 31770 are included in the statement of revenue and expenditure of this amount 16770 is included in financial expenses and 15000 in other items of expenditure 4 basis of consolidation the consolidated balance sheet reflects the assets and lia bilities of the revenue fund the capital fund and all reserve funds of the municipality trust fund assets administered by the municipality amounting to 74618 have not been consol- idated nor have the assets and liabilities of any local boards and the water utility of the municipality 5 net long term liabilities total long term liabilities incurred by the municipality and outstanding at the end of the year amounts to of the long term liabilities shown above the responsibility for payment of principal and interest charges has been assumed by others for a principal amount of long term liabilities issued by the municipality and held by reserve funds as investments amounts to net long term liabilities at the end of the year 1642442 1370250 4851 267341 6 capital outlay to be recovered in future years some capital outlay dots not represent a burden on general municipal revenues as it is to be recovered in future years from other sources municipal enterprise 32342 7 liability for vested sick leave benefits under the sick leave benfit plan unused sick leave can accum ulate and employees msy become entitled to a cash payment when they leave the municipalitys employment the liability for these accumulated days to the extent that they have vested and could b taken in cash by an employee on terminating amounted to 31590 at the end of the year a reserve of 10000 is carried in the accounts towards this lia bility