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Home My WebLink AboutFIR 1992 R 7-9- Township of Bayham 1992 Financial Information Return 1992 FINANCIAL INFORMATION RETURN MUNICIPALITY: TOWNSHIP of BAYHAM in the Region, County or District of: ELGIN DECLARATION OF THE MUNICIPAL TREASURER Pursuant to the determination of grants under the Ontario Unconditional Grants Act, and to the information required by the Province under the Municipal Affairs Act, the following schedules are attached: Attached 1 Analysis of Revenue Fund Revenues X 2LT Analysis of Taxation X 2UT Analysis of Upper Tier Requisitions and Direct Charges — 2MA Analysis of Taxation in Merged Areas — 3 Analysis of Current Revenue for Specific Functions X 4 Analysis of Revenue Fund Expenditures X 5 Analysis of Capital Operations X 6 Analysis of Capital Grants and Own Expenditures 7 Analysis of Net Long Term Liabilities By Function X 8 Analysis of Long Term Liabilities and Commitments X 9LT Continuity of Upper Tier and School Board Levies 10 Continuity of Reserves and Reserve Funds 11 Analysis of Consolidated Year End Balances -L 12 Statistical Data X 13 Grant Information X 14 Grant Information — The schedules have been drawn up in accordance with the instructions provided by the Ministry of Municipal Affairs. They represent the consolidated financial activities of the municipality, all local boards, including joint boards where applicable and any other local corporate entities set up by the municipality to provide services to ratepayers. The consolidated local boards and entities are: • Eden Community Centre Board • Bayham Recreation, Parks and • Straffordville Community Centre Board • Bayham West Cemetery Board • • Calton Cemetery Board • • Claus Cemetery Board • • Dobbie Cemetery Board • ' Eden Cemetery Board • • Edison Pioneer Cemetery Board • • Firby Cemetery Board • ' Guysboro Cemetery Board • Light Cemetery Board • • Old Port Burwell Baptist Cemetery • • Board • Smuck Cemetery Board • Straffordville Cemetery Board ' Trust funds administered by the municipality and its local boards, harbour commissions, humane societies, municipal non-profit housing corporations, provincial-municipal housing authorities, sinking funds, retirement or pension plan funds, school boards, conservation authorities, children's aid societies, district health councils, municipal hospitals and gas, telephone and hydro utilities are not consolidated. The schedules have been prepared by Township of Bayham (Auditor's firm or name of Municipality) Questions regarding the information contained in them should be addressed to Robert W. Mann, C.A. , P. 0. Box 160, Straffordville, Ontarioat (416) 871-0561 NOJ 1 YO (Area code and telephone) Date 1993 Municipal Treasurer Doane Raymond r Chartered Accountants Canadian Member Firm of Grant Thornton International ACCOUNTANTS' REPORT IN CONNECTION WITH SCHEDULES 1 TO 11 OF THE FINANCIAL INFORMATION RETURN To the Ministry of Municipal Affairs Our audit of the financial statements of the Corporation of the Township of Bayham for the year ended December 31, 1992 was made for the purpose of forming an opinion on the financial statements referred to in our auditors' report to the Members of Council, Inhabitants and Ratepayers dated March 16, 1993. Schedules 1 to 11 of the 1992 Financial Information Return have not been prepared on the same basis as the financial statements. For the purposes of this report we have performed, at your request, the following procedures in connection with Schedules 1 to 11 of the Financial Information Return of the Corporation of the Township of Bayham for the year ended December 31, 1992: (a) We have compared the amounts disclosed on these schedules to the books and records of the Township and found them to be in agreement; (b) we have added and cross-added all schedules and found them to be arithmetically correct; and (c) we have checked the cross-references indicated in the "Cross-References to Other Schedules" section for each of the above-noted schedules, as outlined in the"Instructions for Completing the 1992 Financial Information Return", and found all such cross-references to be in agreement. The above-noted procedures do not constitute an audit of these schedules. Therefore,we do not express an opinion on Schedules 1 to 11 of the 1992 Financial Information Return. Chartered Accountants Fort Erie, Ontario March 16, 1993 P. O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 Municipality TOWNSHIP OF BAYHAM 1 ANALYSIS OF REVENUE FUND REVENUES (3) for the year ended December 31, 1992 upper school total tier board own revenue purposes purposes purposes 1 2 3 4 $ $ $ $ Taxation Taxation from schedule 2LT (or requisitions from schedule 2UT) 1 2,660,578 359,297 1,359,882 941,399 Direct water billings on ratepayers - own municipality 2 2,316 2,316 - other municipalities 3 Sewer surcharge on direct water billings - own municipality 4 - other municipalities 5 Subtotal 6 2;662,694 359,297 1,359,882 943,715 Payments in lieu of taxes Canada 7 Canada enterprises 8 Ontario The Municipal Tax Assistance Act 9 3,795 3,795 The Municipal Act,section 157 10 Other 11 Ontario enterprises Ontario Housing Corporation 12 Ontario Hydro 13 362 362 Liquor Control Board of Ontario 14 Other 15 Municipal enterprises 16 Other municipalities and enterprises 17 Subtotal 18 4,157 4,157 Ontario unconditional grants Per household general 19 /////////////////1111/////I////I//I/I//////////////////////1///1/////1/I/////////ll/I///////////////////I/// Per household police 20 /I//III///////I////////////11///////1//1///////////////III/////////ll//////////ll//////////III/III/III/I/1I/ Transitional and special assistance 22 Resource equalization 23 ////I////////////////I//III//11111111/111111111/I//////////11111//////////I/////////I/////////////////////// General support 24 //////11//111//////////////I///////III//II/////I//////////////////////////////////////////////////////////// Northern special support 25 /////////////////lll///I////11/1111////////////I/1//I////I/////1II/////////////////////I/1111/////////1111// Apportionment guarantee 26 Revenue guarantee 27 /111111//////II/////I//////lllllllllllllllllllllllllll 11I///////II/II///I///IIII/lllllllllllllllllllllllllll Subtotal 28 149,393 149,393 Revenues for specific functions Ontario specific grants 29 233,083 233,083 Canada specific grants 30 Other municipalities- grants and fees 31 11,230 11,230 Fees,service charges and donations 32 93,646 93,646 Subtotal 33 '; 337,959 337,959 Other revenue Trailer revenue and licences 34 Licences and permits 35 31,661 31,661 Fines 37 Penalties and interest on taxes 38 61,734 61,734 Investment income- from own funds 39 - other 40 23,733 23,733 Sale of publications,equipment,etc. 42 Contributions from capital fund 43 Contributions from reserves and reserve funds 44 14,092 14,092 Contributions from non consolidated entities 45 46 47 48 Sale of land 49 2,406 2,406 Subtotal 50 133,626 133,626 Total revenue 51 3;288,029 359;297 1;359,882 1,568;850' Municipality TOWNSHIP OF BAYHAM ANALYSIS OF TAXATION LOCAL TAXABLE ASSESSMENT MILL RATES for the year ended December 31, 1992 for commercial, computer residential commercial residential industrial and use only and farm and industrial business and farm business 1 2 3 4 5 I.Own purposes $ $ 3 (a)Levied by mill rate General 01010 7,298,487 552,193 144,870 109.928 129.327 police villages at reduced rates 0 1 0 2 farms at reduced rates 0 1 0 3 ////////////////////////////////////////////////// ///////////////////////// 01 . 01 . 01 Special area rates and police villages Street lighting,Corinth 0 1 65,117 2,973 885 14.357 16.890 Street lighting, Eden 0 1 202,730 2,270 745 24.240 28.517 Street lighting, Richmond 0 1 145,071 2,697 800 10.747 12.643 Street lighting,Straffordville 0 1 510,275 134,115 56,090 10.217 12.020 Street lighting,Talbot 0 1 75,422 17.236 . 01 Subtotal levied by mill rate 0 1 4 0 0 _ 1 (b)Other charges on tax bills Share of telephone and telegraph taxation 0 1 2 1 0 2 Local improvements 0 1 2 2 0 Sewer and water service charges 0 1 2 3 0 Sewer and water connection charges 0 1 2 4 0 Fire service charges 0 1 2 5 0 Minimum tax(differential only) 0 1 2 6 0 Municipal drainage charges 0 1 2 7 0 Garbage collection charges 0 1 2 8 0 Business improvement area 0 1 2 9 0 01300 Subtotal special charges on tax bills 0 1 3 1 0 3 Total own purposes taxation 0 1 3 2 0 4 II. Upper tier purposes (a)Levied by mill rate General 0 2 0 1 0 7,298,487 552,193 144,870 43.307 1 50.949 Special purposes 02 02 02 02 02 Subtotal levied by mill rate 0 2 4 0 0 5 (b)Other charges on tax bills Share of telephone and telegraph taxation 0 2 2 1 0 6 Local improvements 0 2 2 2 0 Sewer and water service charges 0 2 2 3 0 Sewer and water connection charges 0 2 2 4 0 Fire service charges 0 2 2 5 0 . 02300 Subtotal special charges on tax bills 0 2 3 1 0 7 Total upper tier taxation 0 2 3 2 0 8 III. School board purposes Elementary public The Elgin County Board 0 3 0 1 of Education 0 3 0 1 6,374,422 505,972 129,675 88.217 103.785 Share of telephone and telegraph taxation 0 3 2 1 0 9 Subtotal elementary public 0 3 3 2 0 10 Elementary separate The Elgin County Separate 0 4 0 1 School Board 0 4 0 1 924,065 46,221 15,195 96.347 113.349 Share of telephone and telegraph taxation 0 4 2 1 0 18 Subtotal elementary separate 0 4 3 2 0 11 Secondary public The Elgin County Board 0 5 0 1 of Education 0 5 0 1 6,374,422 505,972 129,675 75.500 88.824 Share of telephone and telegraph taxation 0 5 2 1 0 12 Subtotal secondary public 0 5 3 2 0 16 Secondary separate The Elgin County Separate 0 7 0 1 School Board 0 7 0 1 924,065 46,221 15,195 67.422 79.320 Share of telephone and telegraph taxation 0 7 2 1 0 19 Subtotal secondary separate 0 7 3 2 0 17 Total all school board taxation 0 8 3 2 0 14 (4) 2LT TAXES LEVIED SUPPLEMENTARY TAXES TOTAL TAXES residential commercial residential commercial total and farm and industrial business and farm and industrial business columns 6 to 11 6 7 8 9 10 11 12 $ $ $ $ $ $ $ 802,308 71,414 18,735 2,136 414 340 895,347 935 50 15 1,000 4,914 65 21 5,000 1,559 34 10 1,603 5,214 1,612 674 3 18 6 7,527 1,300 1,300 816,230 73,175 .'< 19,455 2,139 432 346 911,777'; 17,979 17,979 513 513 135 135 10,995 10,995 ///////////// ///////////// 11,643 17,979 29,622 827;873 91,154 19,455 2;139 432 346 941,399 316,075 28,134 7,381 842 163 134 352,729 316,075 28,134 7,381 842 163 134 352,729 6,568 6,568 6,568 6,568 316,075 !34,702.. 7,38.1 $42 163. 134 359,297 562,333 52,513 13,458 1,502 332 226 630,364 13,424 13,424 562,333 65,937 13,458 1,502 332 226 643,788 89,031 5,239 1,722 231 52 96,275 959 959 89,031 6,198 1,722 231 52 97,234 481,269 44,943 11,518 1,286 284 193 539,493 11,195 11,195 481,269 56,138 11,518 1,286 284 193 550,688 62,303 3,666 1,205 162 36 67,372 800 800 62,303 4,466 1,205 162 36 68,172 1,194,936 1'32,739 27,903 3,181 616 507' 1,359,882 Municipality TOWNSHIP OF BAYHAM 3 ANALYSIS OF CURRENT REVENUE FOR (7) SPECIFIC FUNCTIONS other for the year ended December 31, 1992 municipalities- Ontario grants,fees, fees,service specific Canada and charges and grants grants service charges donations 1 2 3 4 $ $ $ $ General government 1 i: :.... 1 416 Protection to persons and property Fire 2 4,300 Police 3 Conservation authority 4 Protective inspection and control 5 1,316 6 Subtotal 7 4,300<> 1,316< Transportation services Roadways 8 189,860 4,775 Winter control 9 20,275 2,070 Transit 10 Parking 11 Street lighting 12 Air transportation 13 14 Subtotal 15 210.1:35 6,845::! Environmental services Sanitary sewer system 16 Storm sewer system 17 Waterworks system 18 Garbage collection 19 Garbage disposal 20 4,800 2,240 Pollution control 21 22 Subtotal 23 4;800 2,240 Health services Public health services 24 Public health inspections and control 25 Hospitals 26 Ambulance services 27 Cemeteries 28 2,231 29 Subtotal 30 2;231'' Social and family services General assistance 31 Assistance to aged persons 32 Assistance to children 33 Day nurseries 34 35 Subtotal 36 '' Recreation and cultural services Parks and recreation 37 6,000 20,092 Libraries 38 Other cultural 39 Subtotal 40 6,000 20,092 Planning and development Planning and zoning 41 9,874 6,774 Commercial and industrial 42 Residential development 43 Agriculture and reforestation 44 2,274 85 Tile drainage/shoreline assistance 45 ///////////////////////////////////////////////////////////////////////////////// 59,577 46 Subtotal 47 • 12,148 • 85 66,351' Electricity 48 Gas 49 Telephone 50 Total 51 233,083 11,230';: 93;646 Municipality TOWNSHIP OF BAYHAM materials, ANALYSIS OF REVENUE FUND EXPENDITURES salaries, services, for the year ended December 31, 1992 wages and rents and transfers employee net long term financial to own benefits debt charges expenses funds 1 2 3 4 $ $ $ $ General government 1 164,484 117,279 43,186 Protection to persons and property Fire 2 49,961 14,750 55,077 Police 3 203 Conservation authority 4 Protective inspection and control 5 39,270 14,729 6 Subtotal 7 89,231 29,682 55,077 Transportation services Roadways 8 146,547 193,916 101,207 Winter control 9 21,066 16,533 Transit 10 Parking 11 Street lighting 12 13,025 Air transportation 13 14 Subtotal 15 167,613 223,474 101,207 Environmental services Sanitary sewer system 16 Storm sewer system 17 Waterworks system 18 1,574 Garbage collection 19 62,292 Garbage disposal 20 11,048 305,147 Pollution control 21 22 Subtotal 23 11,048 369,013 Health services Public health services 24 Public health inspections and control 25 Hospitals 26 Ambulance services 27 Cemeteries 28 20,754 2,160 29 Subtotal 30 20,754 2,160 Social and family services General assistance 31 Assistance to aged persons 32 Assistance to children 33 Day nurseries 34 35 Subtotal 36 Recreation and cultural services Parks and recreation 37 6,000 44,633 Libraries 38 Other cultural 39 200 Subtotal 40 6,000 44,833 Planning and development Planning and zoning 41 41,666 Commercial and industrial 42 Residential development 43 Agriculture and reforestation 44 7,333 5,944 Tile drainage/shoreline assistance 45 ///////////////////////// 59,577 ////////////////////////////////////////////////// 46 Subtotal 47 66,910 47,610 Electricity 48 Gas 49 Telephone 50 Total 51 438,376 66,910 852,645 201,630 4 (8) inter- other functional total transfers transfers expenditure 5 6 7 8 $ $ $ $ Total of column 2 includes: 324,949 1 Payments to Ontario in respect of Down town Revitalization Program loans 81 119,788 2 Accrued interest(enter an amount 203 3 only if the change to the accrual 11,620 11,620 4 basis was made in this reporting 53,999 5 year) 82 6 11,620 185,610 7 Interest portion of transit debt charges included on line 10 83 441,670 8 37,599 9 10 11 13,025 12 13 14 492,294 15 Total of column 3 includes: Ministry of the Environment 16 Provincial projects service charges 17 -water 52 1,009 648 2,222 18 -sewer 53 62,292 19 Provincial projects frontage and 316,195 20 connection charges-water 57 21 58 22 Joint projects operating charges 648 380,709 23 -water 54 -sewer 55 24 O.P.P. policing contracts 56 25 Short term interest costs 60 297 26 27 22,914 28 Total of column 5 includes: 29 Grants to charitable and non-profit 22,914 30 organizations 62 1,400 Grants to universities&colleges 63 250 250 31 Contributions to UNCONSOLIDATED 32 joint local boards 33 - Health unit 64 34 - District welfare board 65 35 - Home for the aged 66 250 250 36 - Recreation board(s) 67 - Fire area board 68 1,150 51,783 37 -Suburban roads commission 69 38 -Waste management board 70 200 39 71 1,150 51,983 40 41,666 41 Total of column 7 includes: 42 Members of council 72 38,221 43 13,277 44 ////////////////////////////////////////////////// 59,577 45 Line 51 of column 7 includes: 46 114,520 47 Payments in respect of long term commitments and liabilities financed 48 from revenue, as approved by the 49 Ontario Municipal Board. Exclude debt 50 charges reported in column 2. 73 13,668 1,573,229 51 Municipality TOWNSHIP OF BAYHAM 5 ANALYSIS OF CAPITAL OPERATIONS (9) for the year ended December 31, 1992 1 Unfinanced capital outlay(Unexpended capital financing)at the $ beginning of the year 1 Sources of financing Contributions from own funds Revenue fund 2 141,630 Reserves and reserve funds 3 Subtotal 4 141,630 Long term liabilities incurred Central Mortgage and Housing Corporation 5 Ontario Municipal Improvement Corporation 7 Commercial Area Improvement Program 9 Other Ontario housing programs 10 Ministry of the Environment 11 Tile drainage and shoreline property assistance programs 12 14,500 The Public Serial debentures 13 Sinking fund debentures 14 15 16 17 Subtotal" 18 14,500 Grants and loan forgiveness Ontario 20 156,184 Canada 21 Other municipalities 22 36,544 Subtotal 23 192,728 Other financing Prepaid special charges 24 Proceeds from sale of fixed assets 25 Investment income From own funds 26 Other 27 Donations 28 30 31 Subtotal 32 Total sources of financing 33 348,858 Applications Own expenditures Short term interest costs 34 Other 35 336,910 Subtotal 36 336,910 Transfers of proceeds from long term liabilities to: Other municipalities 37 Unconsolidated local boards 38 Individuals 39 14,500 Subtotal 40 14,500 Transfers to reserves,reserve funds and the revenue fund 41 Total applications 42 351,410 Unfinanced capital outlay(Unexpended capital financing)at the end of the year 43 2,552', Amount reported on line 43 analyzed as follows: Unapplied capital receipts 44 To be recovered from: -taxation or user charges within term of council 45 -proceeds from long term liabilities 46 2,552 -transfers from reserves and reserve funds 47 - other(specify) 48 Total unfinanced capital outlay(unexpended capital financing) 49 2,552 ' amount in line 18 raised on behalf of other municipalities 19 Municipality TOWNSHIP OF BAYHAM 6 ANALYSIS OF CAPITAL GRANTS (10) AND OWN EXPENDITURES CAPITAL GRANTS for the year ended December 31, 1992 TOTAL Ontario Canada other OWN grants grants municipalities EXPENDITURES 1 2 3 4 $ $ $ $ General government 1 13,186 Protection to persons and property Fire 2 25,077 Police 3 Conservation authority 4 Protective inspection and control 5 6 Subtotal 7 25,077 Transportation services Roadways 8 153,388 36,544 291,139 Winter control 9 Transit 10 Parking 11 Street lighting 12 Air transportation 13 14 Subtotal 15 '155.3,38.8 36,5441 291,139 Environmental services Sanitary sewer system 16 Storm sewer system 17 Waterworks system 18 Garbage collection 19 Garbage disposal 20 Pollution control 21 22 Subtotal 23 Health services Public health services 24 Public health inspections and control 25 Hospitals 26 Ambulance services 27 Cemeteries 28 2,160 29 Subtotal 30 2,160 Social and family services General assistance 31 Assistance to aged persons 32 Assistance to children 33 Day nurseries 34 35 .................................... ..................... Subtotal 36 Recreation and cultural services Parks and recreation 37 Libraries 38 Other cultural 39 Subtotal 40 Planning and development Planning and zoning 41 Commercial and industrial 42 Residential development 43 Agriculture and reforestation 44 2,796 5,348 Tile drainage/shoreline assistance 45 //////////////////////////////////////////////////////////////////////////////////////////////////////////// 46 Subtotal 47 2,796 5,348 Electricity 48 Gas 49 Telephone 50 Total 51 156,184 36,544 336,910 Municipality TOWNSHIP OF BAYHAM 7 ANALYSIS OF NET LONG TERM (11) LIABILITIES BY FUNCTION as at December 31, 1992 1 General government 1 Protection to persons and property Fire 2 Police 3 Conservation authority 4 _ Protective inspection and control 5 6 Subtotal 7 Transportation services Roadways 8 Winter control 9 Transit 10 Parking 11 Street lighting 12 Air transportation 13 14 Subtotal 15 Environmental services Sanitary sewer system 16 Storm sewer system 17 Waterworks system 18 Garbage collection 19 Garbage disposal 20 Pollution control 21 22 .................. Subtotal 23 Health services Public health services 24 Public health inspections and control 25 Hospitals 26 Ambulance services 27 Cemeteries 28 29 Subtotal 30 Social and family services General assistance 31 Assistance to aged persons 32 Assistance to children 33 Day nurseries 34 35 Subtotal 36 Recreation and cultural services Parks and recreation 37 Libraries 38 Other cultural 39 Subtotal 40 Planning and development Planning and Zoning 41 Commercial and industrial 42 Residential development 43 Agriculture and reforestation 44 9,133 Tile drainage/shoreline assistance 45 73,631 46 Subtotal 47 82,764 Electricity 48 Gas 49 Telephone 50 Total 51 82,764 ANALYSIS OF LONG TERM LIABILITIES AND COMMITMENTS for the year ended December 31, 1992 1 1.Calculation of debt burden of the municipality All debt issued by the municipality,predecessor municipalities and consolidated entities :To Ontario and agencies 1 73,631 :To Canada and agencies 2 :To other 3 9,133 Subtotal 4 Plus: All debt assumed by the municipality from others 5 82,764 Less: All debt assumed by others : Ontario 6 : Schoolboards 7 : Other municipalities 8 Subtotal 9 Less:Ministry of the Environment debt retirement funds -sewer 10 -water 11 Own sinking funds(actual balances) - general municipal 12 - enterprises and other 13 Subtotal 14 Total 15 82,764 Amount Reported in Line 15 Analysed as Follows: Sinking fund debentures 16 Installment(serial)debentures 17 82,764 Long term bank loans 18 Lease purchase agreements 19 Mortgages 20 Ministry of the Environment 22 23 24 2.Total debt payable in foreign currencies(net of sinking fund holdings) U.S.dollars-Canadian dollar equivalent included in line 15 above 25 NIL -par value of this amount in U.S. dollars 26 Other -Canadian dollar equivalent included in line 15 above 27 -par value of this amount in 28 3. Interest earned on sinking funds and debt retirement funds during the year Own funds 29 NIL Ministry of the Environment -sewer 30 -water 31 4. Actuarial balance of own sinking funds at year end 32 NIL 5. Long term commitments and contingencies at year end Total liability for accumulated sick pay credits 33 43,520 Total liability under OMERS plans - initial unfunded(payable over_years)(number of employees ) 34 - actuarial deficiency(payable over_years) 35 Total liability for own pension funds - initial unfunded(payable over_years)(number of employees 36 - actuarial deficiency(payable over years) 37 Outstanding loans guaranteed(payable over years) 38 Commitments and liabilities financed from revenue,as approved by the Ontario Municipal Board - hospital support 39 - university support 40 - leases and other agreements 41 Other(specify). 42 43 44 Total 45 43,520 Municipality 8 TOWNSHIP OF BAYHAM (12) total 6. Ministry of the Environment Provincial Projects outstanding accumulated capital debt surplus(deficit) obligation charges 1 2 3 $ $ $ Water projects-for this municipality only 46 -share of integrated project(s) 47 (936) 1,497 148 Sewer projects-for this municipality only 48 -share of integrated project(s) 49 principal interest 1 2 7. 1992 Debt charges $ $ Recovered from the consolidated revenue fund -general tax rates 50 -special area rates and special charges 51 -benefitting landowners 52 55,826 11,084 -user rates(consolidated entities) 53 Recovered from reserve funds 54 Recovered from unconsolidated entities -hydro 55 -gas and telephone 57 56 58 - 59 Total 78 55,826 11,084 8. Future principal and interest payments on existing net debt recoverable from the recoverable from recoverable from consolidated revenue fund reserve funds unconsolidated entities principal interest principal interest principal interest 1 2 3 4 5 6 $ $ $ $ $ $ 1993 60 26,520 6,899 1994 61 22,371 4,618 1995 62 11,811 2,751 1996 63 7,224 1,795 1997 64 6,208 1,168 1998-2002 65 8,630 2,171 2003 onwards 79 Interest to be earned on sinking funds* 69 Downtown revital- ization program 70 Total 71 82,764 19,402 *includes interest to be earned on Ministry of the Environment debt retirement funds 9. Future principal payments on expected new debt 1 1993 72 1994 73 21,300 1995 74 25,400 1996 75 29,800 1997 76 34,600 Total 77 111,100 10. Other notes(attach supporting schedule as required) Municipality TOWNSHIP OF BAYHAM CONTINUITY OF UPPER TIER AND SCHOOL BOARD LEVIES for the year ended December 31, 1992 balance at beginning amounts supplementary total amount UPPER TIER of year requisitioned taxes expended levied Included in general mill rate for 1 2 3 4 5 upper tier purposes $ $ $ $ $ General requisition 1 358,113 1,139 359,252 Special purpose requisitions Water rate 2 Transit rate 3 Sewer rate 4 Library rate 5 Road rate 6 7 8 9 10 Subtotal levied by mill rate-general 11 (44) 358,113 1,139 359,252 352,729 Special purpose requisitions Water 12 Transit 13 Sewer 14 Library 15 16 17 Subtotal levied mill rate-special areas 18 Special charges 19 Direct water billings 20 Sewer surcharge on direct water billings 21 Total region or county 22 (44) 358,113 1,139 359,252 352,729 pupils' balance at fees,share beginning amounts supplementary of trailer total SCHOOL BOARDS of year requisitioned taxes licences expended 1 2 3 4 5 $ $ $ $ $ Elementary public(specify) Elgin County Board of Education 30 626 642,356 2,061 644,417 >> 31 Elementary separate(specify) Elgin County Separate 40 School Board 41 96,951 283 97,234 42 Secondary public(specify) Elgin County Board of Education 50 563 549,490 _ 1,763 551,253 >> 51 Secondary separate(specify) Elgin County Separate 70 School Board 71 67,974 198 68,172 72 Total school boards 36 1,189 1,356,771 4,305 1,361,076 9LT (13) telephone share of and share of payments balance telegraph Provincial in lieu of total at end taxation grants taxes other raised of year 6 8 9 10 12 11 $ $ $ $ $ $ 6,568 359,297 1 11 18 19 20 21 6,568 359,297 1 22 telephone share of pupils' and payments fees,share balance amount telegraph in lieu of of trailer total at end levied taxation taxes licences raised of year 6 7 8 9 10 11 $ $ $ $ $ $ 630,364 13,424 643,788 (3) 30 31 40 96,275 959 97,234 41 42 539,493 _ 11,195 550,688 (2) 50 51 70 67,372 800 68,172 71 72 1,333,504 26,378 1,359,882 (5) 36 Municipality TOWNSHIP OF BAYHAM 10 CONTINUITY OF RESERVES AND RESERVE FUNDS (15) for the year ended December 31, 1992 1 ... . .............. .... .. Balance at beginning of year 1 576,733 Revenues Contributions from revenue fund 2 60,000 Contributions from capital fund 3 Development Charges Act 67 Lot levies and subdivider contributions 60 Recreational land(the Planning Act) 61 15,000 Investment income-from own funds 5 895 - other 6 Industrial contribution 9 7,097 10 11 12 Total revenue 13 82,992 Expenditures Transferred to capital fund 14 Transferred to revenue fund 15 14,092 Charges for long term liabilities-principal and interest 16 63 20 21 Total expenditure 22 14,092 Balance at end of year for: Reserves 23 609,400 Reserve funds 24 36,233 Total 25 645,633 analysed as follows: Working funds 26 350,000 Contingencies 27 Ministry of the Environment fund for renewals, etc. - sewer 28 - water 29 Replacement of equipment 30 199,400 Sick Leave 31 Insurance 32 Workers' compensation 33 Capital expenditure- general administration 34 - roads 35 -sanitary and storm sewers 36 - parks and recreation 64 - library 65 - other cultural 66 - water 38 -transit 39 - housing 40 - industrial development 41 - other and unspecified 42 Development Charges Act 68 Lot levies and subdivider contributions 44 Recreational land(The Planning Act) 46 25,345 Parking revenues 45 Debenture repayment 47 Exchange rate stabilization 48 Waterworks current purposes 49 Transit current purposes 50 Library current purposes 51 Fire capital expenditure 52 60,000 Eden improvements 53 10,888 54 55 56 57 Total 58 645,633 Municipality TOWNSHIP OF BAYHAM ANALYSIS OF CONSOLIDATED YEAR END BALANCES 11 as at December 31, 1992 (16) 1 2 $ $ ASSETS portion of cash Current assets not in cht bank Cash 1 143,864 Accounts receivable Canada 2 30,772 Ontario 3 167,288 Region or county 4 4,598 portion of Other municipalities 5 46,702 taxes School boards 6 3,646 receivable for Waterworks 7 business Other(including unorganized areas) 8 20,288 taxes Taxes receivable Current year's levies 9 235,325 4,025 Previous year's levies 10 134,889 1,874 Prior years' levies 11 47,704 9 Penalties and interest 12 50,127 509 Less allowance for uncollectables 13 (4,800) (1,000) Investments(market value$ ) Canada 14 Provincial 15 Municipal 16 portion Other 17 of line 20 for Other current assets 18 7,760 tax sale/tax Capital outlay to be recovered in future years 19 82,764 registration Other long term assets 20 Total 21 970,927'; portion of LIABILITIES loans not from Current liabilities chartered banks Temporary loans-current purposes 22 -capital - Ontario 23 -Canada 24 -Other 25 Accounts payable and accrued liabilities Canada 26 9,778 Ontario 27 13,303 Region or county 28 Other municipalities 29 School boards 30 2,087 Trade accounts payable 31 89,154 Other 32 29,632 Other current liabilities 33 1,060 Net long term liabilities Recoverable from the Consolidated Revenue Fund - general tax rates 34 -special area rates and special charges 35 -benefitting landowners 36 82,764 - user rates(consolidated entities) 37 Recoverable from Reserve Funds 38 Recoverable from unconsolidated entities 39 Less: Own holdings 40 Reserves and reserve funds 41 645,633 Accumulated net revenue(deficit) General revenue 42 37,457 Special charges and special areas(specify) Street lighting 43 14,267 Drainage maintenance 44 (2,244) 45 46 Consolidated local boards(specify) Transit operations 47 Water operations 48 Libraries 49 Cemeteries 50 46,483 Recreation,community centres and arenas 51 4,109 52 53 54 55 Region or county 56 1 School boards 57 (5) Unexpended capital financing/(unfinanced capital outlay) 58 (2,552) ..................... .... .. ... Total 59 970,927"s> STATISTICAL DATA for the year ended December 31, 1992 1.Number of continuous full time employees as at December 31 1 Administration 1 2 Non-line Departmental Support Staff 2 2 Fire 3 Police 4 Transit 5 Public Works 6 6 Health Services 7 Homes for the Aged 8 Other Social Services 9 _ Parks and Recreation 10 Libraries 11 Planning 12 Total 13 10 Continuous full time employees December 31 Other 1 2 $ $ 2.Total expenditures during the year on: Wages and salaries 14 322,223 108,922 Employee benefits 15 70,523 6,408 1 3. Reductions of tax roll during the year(lower tier municipalities only) Cash collections: Current year's tax 16 2,482,352 Previous years'tax 17 263,670 Penalties and Interest 18 64,452 Subtotal 19 2,810,474 Discounts allowed 20 2,225 Tax adjustments under section 363 and 364 of The Municipal Act -amounts added to the roll 22 ( -amounts written off 23 Tax adjustments under sections 421,441 and 442 of The Municipal Act -recoverable from upper tier and school boards 24 4,555 -recoverable from general municipal revenues 25 2,393 Transfers to tax sale and tax registration accounts 26 The Municipal Elderly Residents' Assistance Act-reductions 27 -refunds 28 Other(specify) 80 Total reductions 29 2,819,647 Amounts added to the tax roll for collection purposes only 30 63,385 Business taxes written off under subsection 441(1)of the Municipal Act 81 1,691 4.Tax due dates for 1992(lower tier municipalities only) 1 Interim billings: Number of installments 31 2 Due date of first installment(MMDDYY) 32 02/27/92 Due date of last installment(MMDDYY) 33 05/29/92 Final Billings: Number of installments 34 2 Due date of first installment(MMDDYY) 35 08/31/92 Due date of last installment(MMDDYY) 36 11/30/92 Supplementary taxes levied with 1993 due date 37 5. Projected capital expenditures and long term long term financing requirements financing requirements as at December 31 approved submitted but forecast not gross by the not yet approved yet submitted expenditure O.M.B. by the O.M.B. to the O.M.B 1 2 3 4 $ $ $ $ Estimated to take place In 1993 58 480,000 95,000 139,800 In 1994 59 400,000 10,000 10,000 In 1995 60 400,000 10,000 10,000 In 1996 61 400,000 10,000 10,000 In 1997 62 400,000 10,000 10,000 Total 63 2,080,000 135,000 179,800 balance in fund loans o/s 1 2 $ $ 6.Ontario Home Renewal trust fund at year end 82 25,218 12,986 Municipality 12 TOWNSHIP OF BAYHAM (17) 7. Analysis of direct water and sewer billings as at December 31 water number of 1992 billings residential residential all other units units properties 1 2 3 4 $ $ In this municipality 39 7 1,252 1,064 In other municipalities(specify municipality) 40 41 42 43 64 sewer number of 1992 billings residential residential all other units units properties 1 2 3 $ $ In this municipality 44 In other municipalities(specify municipality) 45 46 47 48 65 water sewer Number of residential units in this municipality receiving municipal water 1 2 and sewer services but which are not on direct billing 66 NIL NIL 8. Selected investments of own sinking funds as at December 31 other own municipalities, municipality school boards Province Federal 1 2 3 4 $ $ $ $ Own sinking funds 83 NIL NIL NIL NIL 9. Borrowing from own reserve funds 1 Loans or advances due to reserve funds as at December 31 84 10. Joint boards consolidated by this municipality this municipal- contribution ity's share of for total board from this total municipal computer expenditure municipality contributions use only 1 2 3 4 $ $ 0/0 name of joint boards 53 54 55 NOT APPLICABLE 56 • 57 11.Applications to the Ontario Municipal Board shoreline assist- ance,downtown revitalization, electricity, gas,telephone other total 1 2 3 $ $ $ Approved but not financed as at Dec. 31, 1991 67 164,300 164,300 Approved in 1992 68 52,240 52,240 Financed in 1992 69 14,500 14,500 No long term financing necessary 70 Balance approved but not financed as at Dec. 31, 1992 71 149,800 52,240 202,040 Applications submitted but not approved as at December 31, 1992 72 12.Forecast of total revenue fund expenditures 1993 1994 1995 1996 1997 1 2 3 4 5 $ $ $ $ $ 73 1,575,000 1,600,000 1,625,000 1,650,000 1,675,000 Doane Raymond Chartered Accountants Canadian Member Firm of Grant Thornton International AUDITORS' REPORT To the Ministry of Municipal Affairs At your request,we have audited grant information Schedule 13 of the Financial Information Return of the Corporation of the Township of Bayham for the year ended December 31, 1992, prepared in accordance with the 'Instructions for Completing the 1992 Financial Information Return', issued by the Ministry of Municipal Affairs. This financial information is the responsibility of the Township's management. Our responsibility is to express an opinion on this financial information based on our audit. We conducted our audit in accordance with generally accepted auditing standards. Those standards require that we plan and perform an audit to obtain reasonable assurance whether the financial information is free of material misstatement. An audit includes examining, on a test basis, evidence supporting the amounts and disclosures in the financial information. An audit also includes assessing the accounting principles used and significant estimates made by management, as well as evaluating the overall presentation of the financial information. In our opinion, this schedule presents fairly, in all material respects, the grant information shown therein in accordance with the"Instructions for Completing the 1992 Financial Information Return" issued by the Ministry of Municipal Affairs. 72 —01 Chartered Accountants Fort Erie, Ontario March 16, 1993 P. O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 TOWNSHIP OF BAYHAM 13 GRANT INFORMATION (18) for the year ended December 31, 1992 ANALYSIS OF REVENUE FUND REVENUES 1 Note: Upper tiers use column 4 only upper tier own purposes purposes 2 4 $ $ Taxation Direct water billings on ratepayers-own municipality 2 2,316 Sewer surcharge on direct water billings-own municipality 4 Payments in lieu of taxes Subtotal 18 4,157 ANALYSIS OF TAXATION 2LT LOCAL TAXABLE ASSESSMENT residential commercial and farm and industrial business I.Own purposes 1 2 3 (a)Levied by mill rate $ $ $ General 30 7,298,487 552,193 144,870 police villages at reduced rates 31 0 0 0 farms at reduced rates 32 0 1/111///////// //////1111//// TAXES LEVIED commercial and industrial business total 7 8 12 $ $ $ Subtotal levied by mill rate 1 73,175 19,455 //1/111/////// Share of telephone and telegraph taxation 2 ////////////// ////////////// 17,979 Total own purposes taxation 4 ///////1111/// ///////1////// 941,399 II. Upper tier purposes Subtotal levied by mill rate 5 28,134 7,381 /////111/1//// Share of telephone and telegraph taxation 6 ////I////////I /1111/////1111 6,568 Total upper tier taxation 8 1/1//11/////// ////////////// 359,297 ANALYSIS OF CAPITAL OPERATIONS 5 1 Other financing Prepaid special charges 24 0 Doane Raymond rs Chartered Accountants Canadian Member Firm of Grant Thornton International Mr. Donald MacLeod, Clerk Treasurer Township of Bayham Our examination of the financial statements of the Corporation of the Township of Bayham for the year ended December 31, 1992 was made for the purpose of forming an opinion on the financial statements referred to in our auditors' report to the Members of Council, Inhabitants and Ratepayers dated March 16, 1993. At your request, we have assisted you in the preparation of the additional schedules and analyses as listed below: Street Light Areas Continuity of Accounts S1 Cemetery Boards Balance Sheet C1-1, C1-2 Statement of Revenue and Expenditure C2-1, C2-2 Recreation and Community Service Boards Balance Sheet R1 Statement of Revenue and Expenditure R2 The above-noted schedules and analyses have not been subjected to the auditing procedures applied in the examination of the financial statements and accordingly we do not express an opinion on the fair presentation of this information. Chartered Accountants Fort Erie, Ontario March 16, 1993 P. O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 TOWNSHIP OF BAYHAM S1 STREET LIGHT AREAS CONTINUITY OF ACCOUNTS for the year ended December 31, 1992 Total Corinth Eden Richmond Straffordville Talbot $ $ $ $ $ $ Account balances at the beginning of the year, to be used to offset (or to be recovered from) taxation 10,901 289 (58) 459 10,608 (397) Special areas taxation 16,391 1,000 5,000 1,599 7,496 1,296 Street light operation and maintenance (13,025) (677) (3,977) (1,484) (6,396) (491) Account balance at the end of the year, to be used to offset taxation 14.267 612 965 574 11,708 408 C1-1 TOWNSHIP OF BAYHAM CEMETERY BOARDS BALANCE SHEET as at December 31, 1992 Bayham Total West Calton Claus Dobbie Eden $ $ $ $ $ $ Assets Cash 40,580 109 255 1,133 1,601 6,173 Receivable, Care and Maintenance Fund 7,653 14 1,181 196 670 1,245 Receivable, Canada 163 71 2 Perpetual Care Funds held by Township 113,314 6,251 16,068 2,647 9,000 17,138 Total assets 161,710 6,445 17,504 3,976 11,271 24,558 Payables 1,913 196 768 Surplus 46,483 194 1,436 1,133 1,503 7,420 Reserve for Care and Maintenance Fund 113,314 6,251 16,068 2,647 9,000 17,138 Total surplus and reserve 161,710 6,445 17,504 3,976 11,271 24,558 C2-1 STATEMENT OF REVENUE AND EXPENDffURE for the year ended December 31, 1992 Balance at the beginning of the year 48,553 1,863 1,426 1,106 1,562 7,883 Revenue Sale of plots 3,786 1,200 200 857 Burial charges 1,595 Donations and sundry 2,941 20 Income from funds held by Township 8,073 434 1,181 195 670 1,245 Interest on bank deposits 1,931 43 29 27 39 177 18,326 1,677 1,410 222 709 2,299 Expenditure Administration and general 232 15 Maintenance 11,913 1,090 1,200 195 768 2,242 Capital 2,160 1,836 Transfer to Care and Maintenance Fund 6,091 420 200 505 20,396 3,346 1,400 195 768 2,762 Balance at the end of the year 46,483 194 1,436 1,133 1,503 7,420 C1-2 TOWNSHIP OF BAYHAM CEMETERY BOARDS BALANCE SHEET as at December 31, 1992 Edison Old Port Pioneer Firby Guysboro Light Burwell Baptist Smuck Straffordville $ $ $ $ $ $ $ Assets Cash 5,480 2,751 7,459 1,879 13,740 Receivable, Care and Maintenance Fund 802 87 1,338 140 228 367 1,385 Receivable, Canada 5 12 73 Perpetual Care Funds held by Township 10,771 1,169 21,000 1,875 3,060 4,930 19,405 Total assets 11,573 1,256 27,823 4,778 10,747 7,176 34,603 Payables 802 87 60 Surplus 6,823 2,903 7,687 2,246 15,138 Reserve for Care and Maintenance Fund 10,771 1,169 21,000 1,875 3,060 4,930 19,405 Total surplus and reserve 11,573 1,256 27,823 4,778 10,747 7,176 34,603 C2-2 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1992 Balance at the beginning of the year Nil Nil 9,842 3,305 7,530 2,179 11,857 Revenue Sale of plots 75 1,454 Burial charges 1,595 Donations and sundry 480 2,441 Income from funds held by Township 802 87 1,339 140 228 367 1,385 Interest on bank deposits 464 34 185 51 882 802 87 2,358 174 413 418 7,757 Expenditure Administration and general 161 6 1 49 Maintenance 802 87 1,200 252 250 350 3,477 Capital 324 Transfer to Care and Maintenance Fund 4,016 950 802 87 5,377 576 256 351 4,476 Balance at the end of the year Nil Nil 6,823 2,903 7,687 2,246 15,138 TOWNSHIP OF BAYHAM R1 RECREATION AND COMMUNITY SERVICE BOARDS BALANCE SHEET as at December 31, 1992 Eden Recreation, Parks Community and Straffordville Centre Community Centre $ $ Current assets Cash 729 1,850 Receivables 2,688 729 4,538_ Current liabilities Accounts payable, trade 1,158 Accumulated net revenue, end of year 729 3,380 729 4,538 R2 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1992 Revenue Rentals 11,766 Income from food and beverages 10,856 Donations 955 From Township general fund 1,500 Interest on bank deposits 18 Total revenue 18 25,077 Accumulated net revenue, December 31, 1991 711 1,073 Total 729 26,150 Expenditure Wages 6,200 Material, supplies and services paid to others 6,862 Heat and electric 9,708 Total expenditure 22,770 Accumulated net revenue, December 31, 1992 729 3,380 Total 729 26,150