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Home My WebLink AboutFIR 1991 Township of Bayham 1991 Financial Information Return 1991 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 X 7 Analysis of Net Long Term Liabilities By Function X X 8 Analysis of Long Term Liabilities and Commitments — 9LT Continuity of Upper Tier and School Board Levies X 10 Continuity of Reserves and Reserve Funds X 11 Analysis of Consolidated Year End Balances X 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, Ontario, NOJ1Y0 at (416) 871-0561 (Area code and telephone) Date 1992 Municipal Treasurer Doane Raymond Pannell Chartered Accountants P.O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 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, 1991 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 June 11, 1992. Schedules 1 to 11 of the 1991 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, 1991: (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 1991 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 1991 Financial Information Return. ar". ..—e_.---,..-67-ZL...xj ...,------1/ Chartered Accountants Fort Erie, Ontario June 11, 1992 A member inn of Grant Thornton a rpq- 'mefneOonN Municipality TOWNSHIP OF BAYHAM 1 ANALYSIS OF REVENUE FUND REVENUES (3) for the year ended December 31, 1991 upper school total tier board own revenue purposes purposes purposes Note: Upper tiers use columns 1 &4 only 1 2 3 4 $ $ $ $ Taxation Taxation from schedule 2LT (or requisitions from schedule 2UT) 1 2,630,281 321,414 1,406,146 902,721 Direct water billings on ratepayers -own municipality 2 3,050 0 3,050 -other municipalities 3 0 0 0 Sewer surcharge on direct water billings -own municipality 4 0 0 0 -other municipalities 5 0 0 0 Subtotal 6 2,633,331 321,414, 1,406,146 905,771 Payments in lieu of taxes Canada 7 0 0 0 0 Canada enterprises 8 0 0 0 0 Ontario The Municipal Tax Assistance Act 9 3,586 0 3,586 The Municipal Act,section 160 10 0 0 0 Other 11 0 0 0 0 Ontario enterprises Ontario Housing Corporation 12 0 0 0 0 Ontario Hydro 13 362 0 0 362 Liquor Control Board of Ontario 14 0 0 0 0 Other 15 0 0 0 0 Municipal enterprises 16 0 0 Other municipalities and enterprises 17 0 0 0 0 Subtotal 18 3,948 0 0 3,948 Ontario unconditional grants Per household general 19 //1/////IIIII 11/1/1/////// ///////////// ////I//////// Per household police 20 ///////////// ////II/////// //////I////// II///111/1/// Transitional and special assistance 22 0 0 0 Resource equalization 23 ////////I//// 111/////1//// //////1111/// ///////I///// General support 24 ////////////I ///////////// ///////////// /I/////////// Northern special support 25 1111///////// /III///II//// 11//1/1////// //////III//// Apportionment guarantee 26 0 0 0 Revenue guarantee 27 lllllllllllll lllllllllllll lllllllllllll lllllllllllll Subtotal 28 147,914 0 0 147,914 Revenues for specific functions Ontario specific grants 29 214,326 214,326 Canada specific grants 30 0 0 Other municipalities-grants and fees 31 13,836 13,836 Fees,service charges and donations 32 150,396 150,396 Subtotal 33 378,558 378,558 Other revenue Trailer revenue and licences 34 0 0 0 0 Licences and permits 35 30,307 0 0 30,307 Fines 37 0 0 Penalties and interest on taxes 38 58,884 58,884 Investment income- from own funds 39 0 0 -other 40 25,411 25,411 Sale of publications,equipment,etc. 42 0 0 Contributions from capital fund 43 0 0 Contributions from reserves and reserve funds 44 0 0 Contributions from non consolidated entities 45 0 0 46 0 0 47 0 0 48 0 0 Sale of land 49 0 0 Subtotal 50 114,602 0 0 114,602 Total revenue 51 3,278,353 321,414 1,406,146 1,550,793 Municipality TOWNSHIP OF BAYHAM ANALYSIS OF TAXATION LOCAL TAXABLE ASSESSMENT MILL RATES for the year ended December 31, 1991 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 $ $ $ (a)Levied by mill rate General 01010 7,151,117 530,708 132,045 105.352 123.944 police villages at reduced rates 0 1 0 2 0 0 0 0.000 0.000 farms at reduced rates 0 1 0 3 0 ////////////////////////////////////////////////// 0.000 ///////////////////////// 01 0 0 0 0.000 0.000 01 0 0 0 0.000 0.000 01 0 0 0 0.000 0.000 Special area rates and police villages .Street lighting, Corinth 0 1 53,253 5,676 2,505 13.518 15.904 .Street lighting, Eden 0 1 184,000 2,475 645 23.979 28.210 .Street lighting, Richmond 0 1 143,343 864 255 10.369 12.199 .Street lighting, Straffordville 0 1 498,546 127,909 54,020 8.419 9.905 .Street lighting,Talbot 0 1 75,800 0 0 13.193 0.000 01 0 0 0 0.000 0.000 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 7,151,117 530,708 132,045 39.429 46.387 Special purposes 0 2 0 0 0 0.000 0.000 0 2 0 0 0 0.000 0.000 0 2 0 0 0 0.000 0.000 0 2 0 0 0 0.000 0.000 0 2 0 0 0 0.000 0.000 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 Elgin County Board of Education 0 3 0 1 6,217,021 489,845 119,535 93.881 110.448 » 0 3 0 1 0 0 0 0.000 0.000 Share of telephone and telegraph taxation 0 3 2 1 0 9 Subtotal elementary public 0 3 3 2 0 10 Elementary separate Elgin County Separate School Board 0 4 0 1 934,096 40,863 12,510 107.683 126.686 » 0401 0 0 0 0.000 0.000 Share of telephone and telegraph taxation 0 4 2 1 0 18 Subtotal elementary separate 0 4 3 2 0 11 Secondary public Elgin County Board of Education 0 5 0 1 6,217,021 489,845 119,535 78.290 92.106 » 0 5 0 1 0 0 0 0.000 0.000 Share of telephone and telegraph taxation 0 5 2 1 0 12 Subtotal secondary public 0 5 3 2 0 16 Secondary separate Elgin County Separate School Board 0 7 0 1 934,096 40,863 12,510 66.649_ 78.410 » 0701 0 0 0 0.000 0.000 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 $ $ $ $ $ $ $ 753,385 65,778 16,366 5,685 1,725 1,247 844,186 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 720 90 40 57 0 0 907 4,412 70 18 42 0 0 4,542 1,486 11 3 4 0 0 1,504 4,198 1,267 535 55 37 20 6,112 1,000 0 0 0 0 0 1,000 0 0 0 0 0 0 0 765,201 67,216 16,962 5,843 1,762 1,267 858,251 14,512 14,512_ 513 0 513 0 0 0 135 0 135 0 0 0 0 0 0 29,310 0 29,310 0 0 _ 0 ///////////// ///////////// 0 0 0 0 0 0 29,958 14,512 0 0 0 0 44,470 795,159 81,728 16,962 5,843 1,762 1,267 902,721 281,961 24,618 6,125 2,138 646 467 315,955 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 __ 0 0 0 0 0 0 0 0 0 0 0 0 0 0 281,961 24,618 6,125 _ 2,138 646 467 315,955 5,459 5,459 0 0 p 0 0 p , 0 0 0 0 0 p 0 0 0 0 5,459 5,459 281,961 30,077 6,125 2,138 646 467 321,414 583,660 54,102 13,202 5,091 1,437 1,025 658,517 0 0 0 0 0 0 0 12,229 _ 12,229 583,660 66,331 13,202 5,091 1,437 1,025 670,746 100,586 5,177 1,585 0 115 94 107,557 0 0 0 0 0 0 0 579 579 100,586 5,756 1,585 0 115 94 108,136 486,731 45,118 11,010 4,246 1,198 854 549,157 0 0 0 0 0 0 0 11,008 11,008 486,731 56,126 11,010 4,246 1,198 854 560,165 62,256 3,204 981 0 71 66 66,578 0 0 0 0 0 0 0 521 _ 521 62,256 3,725 981 0 71 66 67,099 1,233,233 131,938 26,778 9,337 2,821 2,039 1,406,146 Municipality TOWNSHIP OF BAYHAM 3 ANALYSIS OF CURRENT REVENUE FOR (7) SPECIFIC FUNCTIONS other for the year ended December 31, 1991 municipalities- Ontario grants,fees, fees,service specific Canada and charges and grants grants service charges donations 1 2 3 4 $ $ $ $ General government 1 0 0 0 284 Protection to persons and property Fire 2 550 0 4,300 0 Police 3 0 0 0 0 Conservation authority 4 0 0 0 0 Protective inspection and control 5 0 0 0 478 6 0 0 0 0 Subtotal 7 550 0 4,300 478 Transportation services Roadways 8 163,760 0 6,566 13,595 Winter control 9 30,200 0 2,406 0 Transit 10 0 0 0 0 Parking 11 0 0 0 0 Street lighting 12 0 0 0 0 Air transportation 13 0 0 0 0 14 0 0 0 0 Subtotal 15 193,960 0 8,972 13,595 Environmental services Sanitary sewer system 16 0 0 0 0 Storm sewer system 17 0 0 0 0 Waterworks system 18 0 0 0 0 Garbage collection 19 0 0 0 0 Garbage disposal 20 2,000 0 0 0 Pollution control 21 0 0 0 0 22 0 0 0 0 Subtotal 23 2,000 0 0 0 Health services Public health services 24 0 0 0 0 Public health inspections and control 25 0 0 0 0 Hospitals 26 0 0 0 0 Ambulance services 27 0 0 0 0 Cemeteries 28 0 0 0 21,031 29 0 0 0 0 Subtotal 30 0 0 0 21,031 Social and family services General assistance 31 0 0 0 0 Assistance to aged persons 32 0 0 0 0 Assistance to children 33 0 0 0 0 Day nurseries 34 0 0 0 0 35 0 0 0 0 Subtotal 36 0 0 0 0 Recreation and cultural services Parks and recreation 37 6,000 0 0 20,635 Libraries 38 0 0 0 0 Other cultural 39 0 0 0 0 Subtotal 40 6,000 0 0 20,635 Planning and development Planning and zoning 41 6,566 0 0 3,477 Commercial and industrial 42 0 0 0 0 Residential development 43 0 0 0 0 Agriculture and reforestation 44 5,250 0 564 100 Tile drainage/shoreline assistance 45 ///////////// ///////////// ///////////// 88,117 Shoreline erosion control 46 0 0 0 2,679 Subtotal 47 11,816 0 564 94,373 Electricity 48 0 0 0 0 Gas 49 0 0 0 0 Telephone 50 0 0 0 0 Total 51 214,326 0 13,836 150,396 Municipality TOWNSHIP OF BAYHAM materials, ANALYSIS OF REVENUE FUND EXPENDITURES salaries, services, for the year ended December 31, 1991 wages and rents and transfers employee net long term financial to own benefits debt charges expenses funds 1 2 3 4 $ $ $ $ General government 1 187,311 0 84,848 43,892 Protection to persons and property Fire 2 38,981 0 20,376 30,000 Police 3 0 0 408 0 Conservation authority 4 0 0 0 0 Protective inspection and control 5 37,011 0 16,843 910 6 0 0 0 0 Subtotal 7 75,992 0 37,627 30,910 Transportation services Roadways 8 122,186 0 184,623 157,281 Winter control 9 33,284 0 21,977 0 Transit 10 0 0 0 0 Parking 11 0 0 0 0 Street lighting 12 0 0 14,538 1,894 Air transportation 13 0 0 0 0 14 0 0 0 0 Subtotal 15 155,470 0 221,138 159,175 Environmental services Sanitary sewer system 16 0 0 0 0 Storm sewer system 17 0 0 0 0 Waterworks system 18 0 0 1,618 0 Garbage collection 19 0 0 56,703 0 Garbage disposal 20 9,441 0 158,813 0 Pollution control 21 0 0 0 0 22 0 0 0 0 Subtotal 23 9,441 0 217,134 0 Health services Public health services 24 0 0 0 0 Public health inspections and control 25 0 0 0 0 Hospitals 26 0 0 0 0 Ambulance services 27 0 0 0 0 Cemeteries 28 200 0 32,312 10,145 29 0 0 0 0 Subtotal 30 200 0 32,312 10,145 Social and family services General assistance 31 0 0 0 0 Assistance to aged persons 32 0 0 0 0 Assistance to children 33 0 0 0 0 Day nurseries 34 0 0 0 0 35 0 0 0 0 Subtotal 36 0 0 0 0 Recreation and cultural services Parks and recreation 37 6,000 0 28,489 2,500 Libraries 38 0 0 0 0 Other cultural 39 0 0 0 0 Subtotal 40 6,000 0 28,489 2,500 Planning and development Planning and zoning 41 0 0 36,267 0 Commercial and industrial 42 0 0 0 0 Residential development 43 0 0 0 0 Agriculture and reforestation 44 0 16,313 14,150 0 Tile drainage/shoreline assistance 45 \\\\\\\\\\\\\\\\\\\\\\\\\ 88,117 \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\ Shoreline erosion control 46 0 0 2,679 0 Subtotal 47 0 104,430 53,096 0 Electricity 48 0 0 0 0 Gas 49 0 0 0 0 Telephone 50 0 0 0 0 Total 51 434,414 104,430 674,644 246,622 4 (8) inter- other functional total transfers transfers expenditure 5 6 7 8 $ $ $ $ Total of column 2 includes: 0 0 316,051 1 Payments to Ontario in respect of Down town Revitalization Program loans 81 0 0 0 89,357 2 Accrued interest(enter an amount 0 0 408 3 only if the change to the accrual 12,174 0 12,174 4 basis was made in this reporting 0 0 54,764 5 year) 82 0 0 0 0 6 12,174 0 156,703 7 Interest portion of transit debt charges included on line 10 83 0 0 0 464,090 8 0 0 55,261 9 0 0 0 10 0 0 0 11 0 0 16,432 12 0 0 0 13 0 0 0 14 0 0 535,783 15 Total of column 3 includes: Ministry of the Environment 0 0 0 16 Provincial projects service charges 0 0 0 17 -water 52 1,038 648 0 2,266 18 -sewer 53 0 0 0 56,703 19 Provincial projects frontage and 0 0 168,254 20 connection charges-water 57 0 0 0 0 21 58 0 0 0 0 22 Joint projects operating charges 648 0 227,223 23 -water 54 0 -sewer 55 0 0 0 0 24 O.P.P. policing contracts 56 0 0 0 0 25 Short term interest costs 60 1,182 0 0 0 26 0 0 0 27 0 0 42,657 28 Total of column 5 includes: 0 0 0 29 Grants to charitable and non-profit _ 0 0 42,657 30 organizations 62 1,300 Grants to universities&colleges 63 0 550 0 550 31 Contributions to UNCONSOLIDATED 0 0 0 32 joint local boards 0 0 0 33 - Health unit 64 0 0 0 0 34 - District welfare board 65 0 0 0 0 35 - Home for the aged 66 0 550 0 550 36 - Recreation board(s) 67 0 - Fire area board 68 0 750 0 37,739 37 - Suburban roads commission 69 0 0 0 0 38 70 0 200 0 200 39 71 0 950 0 37,939 40 0 0 36,267 41 Total of column 7 includes: 0 0 0 42 Members of council 72 33,317 0 0 0 43 0 0 30,463 44 \\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\1\ 88,117 45 Line 51 of column 7 includes: 0 0 2,679 46 0 0 157,526 47 Payments in respect of long term commitments and liabilities financed 0 0 0 48 from revenue,as approved by the 0 0 0 49 Ontario Municipal Board. Exclude debt 0 0 0 50 charges reported in column 2. 73 0 14,322 0 1,474,432 51 Municipality TOWNSHIP OF BAYHAM 5 ANALYSIS OF CAPITAL OPERATIONS (9) for the year ended December 31, 1991 1 Unfinanced capital outlay(Unexpended capital financing)at the $ beginning of the year 1 3,035 Sources of financing Contributions from own funds Revenue fund 2 186,622 Reserves and reserve funds 3 1,318 Subtotal 4 187,940 Long term liabilities incurred Central Mortgage and Housing Corporation 5 0 Ontario Municipal Improvement Corporation 7 0 Commercial Area Improvement Program 9 0 ther Ontario housing programs 10 0 Ministry of the Environment 11 0 Tile drainage and shoreline property assistance programs 12 _ 0 The Public Serial debentures 13 6,229 Sinking fund debentures 14 0 15 0 16 0 17 0 Subtotal• 18 6,229 Grants and loan forgiveness Ontario 20 277,040 Canada 21 0 Other municipalities 22 620 Subtotal 23 277,660 Other financing Prepaid special charges 24 3,425 Proceeds from sale of fixed assets 25 2,735 Investment income From own funds 26 0 Other 27 0 Donations 28 572 30 0 31 0 Subtotal 32 6,732 Total sources of financing 33 478,561 Applications Own expenditures Short term interest costs 34 0 Other 35 475,526 Subtotal 36 475,526 Transfers of proceeds from long term liabilities to: Other municipalities 37 0 Unconsolidated local boards 38 0 Individuals 39 0 Subtotal 40 0 Transfers to reserves,reserve funds and the revenue fund 41 0 Total applications 42 475,526 Unfinanced capital outlay(Unexpended capital financing)at the end of the year 43 0 Amount reported on line 43 analyzed as follows: Unapplied capital receipts 44 0 To be recovered from: -taxation or user charges within term of council 45 0 -proceeds from long term liabilities 46 0 -transfers from reserves and reserve funds 47 0 - other(specify) 48 0 Total unfinanced capital outlay(unexpended capital financing) 49 0 • amount in line 18 raised on behalf of other municipalities 19 0 Municipality TOWNSHIP OF BAYHAM 6 ANALYSIS OF CAPITAL GRANTS (10) AND OWN EXPENDITURES CAPITAL GRANTS for the year ended December 31, 1991 TOTAL Ontario Canada other OWN grants grants municipalities EXPENDITURE 1 2 3 4 $ $ $ $ General government 1 0 0 0 15,692 Protection to persons and property Fire 2 0 0 0 0 Police 3 0 0 0 0 Conservation authority 4 0 0 0 0 Protective inspection and control 5 0 0 0 910 6 0 0 0 0 Subtotal 7 0 0 0 910 Transportation services Roadways 8 276,700 0 0 435,999 Winter control 9 0 0 0 0 Transit 10 0 0 0 0 Parking 11 0 0 0 0 Street lighting 12 0 0 0 1,894 Air transportation 13 0 0 0 0 14 0 0 0 0 Subtotal 15 276,700 0 0 437,893 Environmental services Sanitary sewer system 16 0 0 0 0 Storm sewer system 17 0 0 0 0 Waterworks system 18 0 0 0 0 Garbage collection 19 0 0 0 0 Garbage disposal 20 0 0 0 0 Pollution control 21 0 0 0 0 22 0 0 0 0 Subtotal 23 0 0 0 0 Health services Public health services 24 0 0 0 0 Public health inspections and control 25 0 0 0 0 Hospitals 26 0 0 0 0 Ambulance services 27 0 0 0 0 Cemeteries 28 0 0 0 10,145 29 0 0 0 0 Subtotal 30 0 0 0 10,145 Social and family services General assistance 31 0 0 0 0 Assistance to aged persons 32 0 0 0 0 Assistance to children 33 0 0 0 0 Day nurseries 34 0 0 0 0 35 0 0 0 0 Subtotal 36 0 0 0 0 Recreation and cultural services Parks and recreation 37 0 0 0 3,307 Libraries 38 0 0 0 0 Other cultural 39 0 0 0 0 Subtotal 40 0 0 0 3,307 Planning and development Planning and zoning 41 0 0 0 0 Commercial and industrial 42 0 0 0 0 Residential development 43 0 0 0 0 Agriculture and reforestation 44 340 0 620 7,579 Tile drainage/shoreline assistance 45 ///////////// //I///////I// ///////////// ///////I///// 46 0 0 0 0 Subtotal 47 340 0 620 7,579 Electricity 48 0 0 0 0 Gas 49 0 0 0 0 Telephone 50 0 0 0 0 Total 51 277,040 0 620 475,526 Municipality TOWNSHIP OF BAYHAM 7 ANALYSIS OF NET LONG TERM (11) LIABILET1ES BY FUNCTION as at December 31, 1991 1 S General government 1 0 Protection to persons and property Fire 2 0 Police 3 0 Conservation authority 4 0 Protective inspection and control 5 0 6 0 Subtotal 7 0 Transportation services Roadways 8 0 Winter control 9 0 Transit 10 0 Parking 11 0 Street lighting 12 0 Air transportation 13 0 14 0 Subtotal 15 0 Environmental services Sanitary sewer system 16 0 Storm sewer system 17 0 Waterworks system 18 0 Garbage collection 19 0 Garbage disposal 20 0 Pollution control 21 0 22 0 Subtotal 23 0 Health services Public health services 24 0 Public health inspections and control 25 0 Hospitals 26 0 Ambulance services 27 0 Cemeteries 28 0 29 0 Subtotal 30 0 Social and family services General assistance 31 0 Assistance to aged persons 32 0 Assistance to children 33 0 Day nurseries 34 0 35 0 Subtotal 36 0 Recreation and cultural services Parks and recreation 37 0 Libraries 38 0 Other cultural 39 0 Subtotal 40 0 Planning and development Planning and Zoning 41 0 Commercial and industrial 42 0 Residential development 43 0 Agriculture and reforestation 44 14,851 Tile drainage/shoreline assistance 45 109,239 46 0 Subtotal 46 124,090 Electricity 48 0 Gas 49 0 Telephone 50 0 Total 51 124,090 ANALYSIS OF LONG TERM LIABILITIES AND COMMITMENTS for the year ended December 31, 1991 1 1.Calculation of debt burden of the municipality All debt issued by the municipality,predecessor municipalities and consolidated entities :To Ontario and agencies 1 109,239 :To Canada and agencies 2 :To other 3 14,851 Subtotal 4 124,090 Plus: All debt assumed by the municipality from others 5 Less: All debt assumed by others : Ontario 6 : Schoolboards 7 :Other municipalities 8 Subtotal 9 0 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 0 Total 15 124,090 Amount Reported in Line 15 Analysed as Follows: Sinking fund debentures 16 Installment(serial)debentures 17 124,090 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 44,701 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 44,701 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 (771) 1,253 120 Sewer projects-for this municipality only 48 -share of integrated project(s) 49 principal interest 1 2 7. 1991 Debt charges $ $ Recovered from the consolidated revenue fund -general tax rates 50 -special area rates and special charges 51 -benefitting landowners 52 86,772 17,658 -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 86,772 17,658 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 $ $ $ $ $ $ 1992 60 46,901 10,726 1993 61 27,041 6,453 1994 62 22,933 4,130 1995 63 12,418 2,218 1996 64 7,880 1,214 1997-2001 65 6,917 532 2002 onwards 79 Interest to be earned on sinking funds* 69 Downtown revital- ization program 70 Total 71 124,090 25,273 0 0 0 0 'includes interest to be earned on Ministry of the Environment debt retirement funds 9. Future principal payments on expected new debt 1 1992 72 1993 73 11,400 1994 74 14,400 1995 75 17,600 1996 76 21,000 Total 77 64,400 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, 1991 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 1 318,141 3,251 321,392 Special purpose requisitions Water rate 2 0 0 0 Transit rate 3 0 0 0 Sewer rate 4 0 0 0 Library rate 5 0 0 0 Road rate 6 0 0 0 7 0 0 0 . 8 0 0 0 . 9 0 0 0 10 0 0 0 Subtotal levied by mill rate-general 11 (66) 318,141 3,251 321,392 315,955 Special purpose requisitions Water 12 0 0 0 Transit 13 0 0 0 Sewer 14 0 0 0 Library 15 0 0 0 16 0 0 0 . 17 0 0 -- 0 Subtotal levied mill rate-special areas 18 0 0 0 0 0 Special charges 19 0 0 0 0 0 Direct water billings 20 0 0 0 0 0 Sewer surcharge on direct water billings 21 0 0 0 0 0 Total region or county 22 (66) 318,141 3,251 321,392 315,955 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 (116) 662,451 7,553 0 670,004 >> 31 0 0 0 0 0 Elementary separate(specify) Elgin County Separate School Board 40 (1,074) 106,853 209 0 107,062 » 41 0 0 0 0 0 42 0 Secondary public(specify) Elgin County Board of Education 50 (115) 553,189 6,298 0 559,487 » 51 0 0 0 0 0 Secondary separate(specify) Elgin County Separate School Board 70 (1,050) 65,912 137 0 66,049 » 71 0 0 0 0 0 72 0 Total school boards 36 (2,355) 1,388,405 14,197 0 1,402,602 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 $ $ $ $ $ $ 5,459 0 0 0 321,414 (44) 11 0 0 18 0 0 19 0 0 20 0 0 21 5,459 0 0 0 321,414 (44) 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 $ $ $ $ $ $ 658,517 12,229 0 0670,746 626. 30 0 0 0 0 " __ .670,746_ 0 0 31 107,557 579 0 0 108,136 0 40 0 0 0 0 0 0 41 0 42 549,157 11,008 0 0 560,165 563 50 0 0 0 0 0 0 51 66,578 521 0 0 67,099 0 70 0 0 0 0 0 0 71 72 1,381,809 24,337 0 0 1,406,146 1,189 36 Municipality TOWNSHIP OF BAYHAM 10 CONTINUITY OF RESERVES AND RESERVE FUNDS (15) for the year ended December 31, 1991 1 $ Balance at beginning of year 1 493,626 Revenues Contributions from revenue fund 2 60,000 Contributions from capital fund 3 0 Lot levies and subdivider contributions 60 0 Recreational land(the Planning Act) 61 19,000 Investment income-from own funds 5 425 -other 6 0 Industrial contribution 9 5,000 10 0 11 0 12 0 Total revenue 13 84,425 Expenditures Transferred to capital fund 14 1,318 Transferred to revenue fund 15 0 Charges for long term liabilities-principal and interest 16 0 63 0 20 0 21 0 Total expenditure 22 1,318 Balance at end of year for: Reserves 23 549,400 Reserve funds 24 27,333 Total 25 576,733 analysed as follows: Working funds 26 350,000 Contingencies 27 0 Ministry of the Environment fund for renewals,etc. -sewer 28 0 -water 29 0 Replacement of equipment 30 169,400 Sick Leave 31 0 Insurance 32 0 Workers'compensation 33 0 Capital expenditure-general administration 34 0 - roads 35 0 -sanitary and storm sewers 36 0 -parks and recreation 64 0 - library 65 0 - other cultural 66 0 -water 38 0 -transit 39 0 - housing 40 0 - industrial development 41 0 -other and unspecified 42 0 Lot levies and subdivider contributions 44 0 Recreational land(The Planning Act) 46 23,651 Parking revenues 45 0 Debenture repayment 47 0 Exchange rate stabilization 48 0 Waterworks current purposes 49 0 Transit current purposes 50 0 Library current purposes 51 0 .Fire capital expenditure 52 30,000 .Eden improvements 53 3,682 54 0 55 0 56 0 57 0 Total 58 576,733 Municipality TOWNSHIP OF BAYHAM ANALYSIS OF CONSOLIDATED YEAR END BALANCES 11 as at December 31, 1991 (16) 1 2 $ $ ASSETS portion of cash Current assets not in cht bank Cash 1 54,244 0 Accounts receivable Canada 2 33,290 Ontario 3 287,790 Region or county 4 3,614 portion of Other municipalities 5 13,825 taxes School boards 6 3,819 receivable for Waterworks 7 0 business Other(including unorganized areas) 8 8,824 taxes Taxes receivable Current year's levies 9 268,021 3,516 Previous year's levies 10 131,265 566 Prior years' levies 11 49,904 62 Penalties and interest 12 52,845 238 Less allowance for uncollectables 13 (4,800) (1,000) Investments(market value$ ) Canada 14 0 Provincial 15 0 Municipal 16 0 portion Other 17 0 of line 20 for Other current assets 18 10,378 tax sale/tax Capital outlay to be recovered in future years 19 124,090 registration Other long term assets 20 0 0 Total 21 1,037,109 portion of LIABILITIES loans not from Current liabilities chartered banks Temporary loans-current purposes 22 39,117 0 -capital - Ontario 23 0 - Canada 24 0 - Other 25 0 0 Accounts payable and accrued liabilities Canada 26 8,253 Ontario 26 5,908 Region or county 28 3,251 Other municipalities 29 61,689 School boards 30 16,285 Trade accounts payable 31 74,313 Other 32 21,100 Other current liabilities 33 774 Net long term liabilities Recoverable from the Consolidated Revenue Fund - general tax rates 34 0 -special area rates and special charges 35 0 - benefitting landowners 36 124,090 - user rates(consolidated entities) 37 0 Recoverable from Reserve Funds 38 0 Recoverable from unconsolidated entities 39 0 Less: Own holdings 40 0 Reserves and reserve funds 41 576,733 Accumulated net revenue(deficit) General revenue 42 46,343 Special charges and special areas(specify) .Street lighting 43 10,901 .Drainage maintenance 44 (3,131) . 45 0 . 46 0 Consolidated local boards(specify) Transit operations 47 0 Water operations 48 0 Libraries 49 0 Cemeteries 50 48,553 Recreation,community centres and arenas 51 1,785 . 52 0 . 53 0 . 54 0 . 55 0 Region or county 56 (44) School boards 57 1,189 Unexpended capital financing/(unfinanced capital outlay) 58 0 Total 59 1,037,109 STATISTICAL DATA for the year ended December 31, 1991 1. Number of continuous full time employees as at December 31 1 Administration 1 2 Non-line Departmental Support Staff 2 3 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 11 Continuous full time employees December 31 Other 1 2 $ $ 2.Total expenditures during the year on: Wages and salaries 14 343,878 89,659 Employee benefits 15 68,971 4,126 1 3. Reductions of tax roll during the year(lower tier municipalities only) Cash collections: Current year's tax 16 2,447,655 Previous years' tax 17 211,055 Penalties and Interest 18 49,338 Subtotal 19 2,708,048 Discounts allowed 20 1,658 Tax adjustments under section 362 and 363 of The Municipal Act -amounts added to the roll 22 ( -amounts written off 23 Tax adjustments under sections 465,495 and 496 of The Municipal Act -recoverable from upper tier and school boards 24 4,688 -recoverable from general municipal revenues 25 2,365 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 2,716,759 Amounts added to the tax roll for collection purposes only 30 93,402 Business taxes written off under subsection 495(1)of the Municipal Act 81 3,292 4.Tax due dates for 1991 (lower tier municipalities only) 1 Interim billings: Number of installments 31 2 Due date of first installment(MMDDYY) 32 02/28/91 Due date of last installment(MMDDYY) 33 05/31/91 Final Billings: Number of installments 34 2 Due date of first installment(MMDDYY) 35 08/30/91 Due date of last installment(MMDDYY) 36 11/29/91 Supplementary taxes levied with 1992 due date 37 414 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 1992 58 475,000 5,000 65,000 In 1993 59 480,000 5,000 10,000 In 1994 60 485,000 5,000 10,000 In 1995 61 490,000 5,000 10,000 In 1996 62 495,000 5,000 10,000 Total 63 2,425,000 25,000 0 105,000 balance in fund loans o/s 1 2 $ $ 6. Ontario Home Renewal trust fund at year end 82 28,356 13,095 Municipality 12 TOWNSHIP OF BAYHAM (17) 7. Analysis of direct water and sewer billings as at December 31 water number of 1991 billings for residential residential all other computer units units properties use only 1 2 3 4 $ $ In this municipality 39 7 1,571 1,479 In other municipalities(specify municipality) 40 41 42 43 • 64 sewer number of 1991 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 22,682 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 $ $ 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, 1990 67 164,300 12,700 177,000 Approved in 1991 68 0 Financed in 1991 69 6,229 6,229 No long term financing necessary 70 6,471 6,471 Balance approved but not financed as at Dec. 31, 1991 71 164,300 0 164,300 Applications submitted but not approved as at December 31, 1991 72 NIL NIL NIL 12. Forecast of total revenue fund expenditures 1992 1993 1994 1995 1996 1 2 3 4 5 $ $ $ $ $ 73 1,500,000 1,550,000 1,575,000 1,600,000 1,625,000 Doane Raymond Pannell Chartered Accountants P.O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 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, 1991, prepared in accordance with the'Instructions for Completing the 1991 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 1991 Financial Information Return' issued by the Ministry of Municipal Affairs. Chartered Accounta s Fort Erie, Ontario June 11, 1992 A member firm of Grant Thornton at (F Ir s n,lora wc„ic,„ide TOWNSHIP OF BAYHAM 13 GRANT INFORMATION (18) for the year ended December 31, 1991 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 0 3,050 Sewer surcharge on direct water billings-own municipality 4 0 0 Payments in lieu of taxes Subtotal 18 0 3,948 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 7,151,117 530,708 132,045 police villages at reduced rates 31 0 0 0 farms at reduced rates 32 0 ////////////// ////////////// TAXES LEVIED commercial and industrial business total 7 8 12 $ $ $ Subtotal levied by mill rate 1 67,216 16,962 ////////////// Share of telephone and telegraph taxation 2 ////////////// ////////////// 14,512 Total own purposes taxation 4 ////////////// ////////////// 902,721 II. Upper tier purposes Subtotal levied by mill rate 5 24,618 6,125 ////////////// Share of telephone and telegraph taxation 6 ////////////// ///////l////// 5,459 Total upper tier taxation 8 ////////////// ////////////// 321,414 ANALYSIS OF CAPITAL OPERATIONS 5 1 $ Other financing Prepaid special charges 24 3,425 Doane Raymond Pannell Chartered Accountants P.O. Box 160 26 Jarvis Street Fort Erie Ontario L2A 5M9 Tel: (416) 871-0932 Fax: (416) 871-9325 Mr. William Bogue, Treasurer Township of Bayham Our examination of the financial statements of the Corporation of the Township of Bayham for the year ended December 31, 1991 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 June 11, 1992. 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 June 11, 1992 A member firm of Grant Thornton pq- �reernetbnel, �, TOWNSHIP OF BAYHAM S1 STREET UGI-FT AREAS CONTINUITY OF ACCOUNTS for the year ended December 31, 1991 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 14,883 569 (178) 2,056 11,938 498 Special areas taxation (net of write-off) 13,991 876 4,542 1,484 6,089 1,000 Street light operation and maintenance (14,538) (1,156) (4,422) (1,540) (5,525) (1,895) Capital expenditure (1,894) (1,894) Repayment of capital expenditure to municipality (1,541) (1,541) Account balance at the end of the year, to be used to offset (or to be recovered from) taxation 10,901 289 58 459 10,608 (397) C1-1 TOWNSHIP OF BAYHAM CEMETERY BOARDS BALANCE SHEET as at December 31, 1991 Bayham Total West Calton Claus Dobbie Eden $ $ $ $ $ $ Assets Cash 48,157 1,863 1,426 1,106 1,562 7,874 Receivable, Canada 396 9 Perpetual Care Funds held by Township 107,223 5,831 15,868 2,647 9,000 16,633 Total assets 155,776 7,694 17,294 3,753 10,562 24,516 Surplus 48,553 1,863 1,426 1,106 1,562 7,883 Reserve for Perpetual Care 107,223 5,831 15,868 2,647 9,000 16,633 Total surplus and reserve 155,776 7,694 17,294 3,753 10,562 24,516 C2-1 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1991 Balance at the beginning of the year 48,827 751 2,223 1,053 2,169 8,603 Revenue Sale of plots 3,170 450 Burial charges 3,805 Donations and sundry 14,056 1,170 340 1,005 55 Income from funds held by Township 9,869 575 1,553 261 739 1,628 Interest on bank deposits 3,022 47 25 53 53 408 33,922 1,792 1,918 314 1,797 2,541 Expenditure Administration and general 1,429 175 20 114 Maintenance 15,768 680 2,400 261 384 2,990 Capital 7,579 Transfer to Perpetual Care Fund 9,420 140 2,000 157 34,196 680 2,715 261 2,404 3,261 Balance at the end of the year 48,553 1,863 1,426 1,106 1,562 7,883 C1-2 TOWNSHIP OF BAYHAM CEMETERY BOARDS BALANCE SHEET as at December 31, 1991 Edison Old Port Pioneer Firby Guysboro Light Burwell Baptist Smuck Straffordville $ $ $ $ $ $ $ Assets Cash 9,825 3,011 7,530 2,179 11,781 Receivable, Canada 17 294 76 Perpetual Care Funds held by Township 10,771 1,169 16,984 1,875 3,060 4,930 18,455 Total assets 10,771 1,169 26,826 5,180 10,590 7,109 30,312 Surplus 9,842 3,305 7,530 2,179 11,857 Reserve for Perpetual Care 10,771 1,169 16,984 1,875 3,060 4,930 18,455 Total surplus and reserve 10,771 1,169 26,826 5,180 10,590 7,109 30,312 C2-2 STATEMENT OF REVENUE AND EXPENDITURE for the year ended December 31, 1991 Balance at the beginning of the year Nil Nil 14,679 1,527 7,055 1,959 8,808 Revenue Sale of plots 225 35 160 2,300 Burial charges 3,805 Donations and sundry 5 45 9,485 1,951 Income from funds held by Township 1,054 115 1,253 182 301 474 1,734 Interest on bank deposits 1,313 60 386 97 580 1,054 120 2,836 9,762 687 731 10,370 Expenditure Administration and general 665 12 1 442 Maintenance 970 115 1,319 370 200 350 5,729 Capital 7,579 Transfer to Perpetual Care Fund 84 5 5,689 35 160 1,150 1,054 120 7,673 7,984 212 511 7,321 Balance at the end of the year Nil Nil 9,842 3,305 7,530 2,179 11,857 TOWNSHIP OF BAYHAM R1 RECREATION AND COMMUNITY SERVICE BOARDS BALANCE SHEET as at December 31, 1991 Eden Recreation, Parks Community and Straffordville Centre Community Centre $ $ Current assets Cash 711 675 Receivables 4,276 711 4,951 Current liabilities Accounts payable, trade 3,878 Accumulated net revenue, end of year 711 1,073 711 4,951 R2 STATEMENT OF REVENUE AND EXPENDfTURE for the year ended December 31, 1991 Revenue Rentals 12,450 Income from food and beverages 11,862 Donations 1,436 From Township general fund 2,500 Interest on bank deposits 36 Total revenue 36 28,248 Accumulated net revenue (deficit), December 31, 1990 675 (403) Total 711 27,845 Expenditure Wages 6,525 Material, supplies and services paid to others 8,504 Heat and electric 8,671 Capital expenditure 3,072 Total expenditure 26,772 Accumulated net revenue, December 31, 1991 711 1,073 Total 711 27,845