The Acton Proat Wednesday May 1970 TOWN OF ACTON AUDITORS REPORT To Council and of Town Ontario Dear Sirs Wc have made an examination of the books and accounts of Ihe Town of Acton and its associated boards and commissions for the year December 31 Our examination lias been conducted in accordance with the auditing regulations of the Department of Municipal Affairs and there is attached a completed questionnaire covering tins The Statement of Revenue and Expenditure shows that the Town had a surplus on the year s operations of Statements 1 1 and I show a break down of the various items of revenue and expenditure in comparison with both the budget figures and tin figures of the previous year We particularly tall to your attention the first schedule of the report tight Year I manual Review gives in condensed form a more interesting summary of the Town s Operations over the eight year period AUDITOR OPINION We hereby report that in our opinion 1 The financial transactions which have tonic under notice have been the powers of muniupahty The audit has been conduacd accordance with instructions of the Department of Municipal The statements present fairly position of the municipality is at 11 1 the results of its operations for the year ended on tint dale Dite of Filing April 1970 Signature MntGillivny Lever Licence Number STATFMLNT Of AND Revenue Taxation Contributions from other governments Other Total revenue Expenditure General government Protection to persons and property Public works San tiilinii ind waste removal Conservation of health Social and services Recreation and community services Community planning and development financial expenses Counly share ol expenditure Other Total expenditure of revenue over expenditure for tilt year of expenditure over revenue for the t year Surplus at the beginning of the year 668 1 712 10 261 1 14 169 740 54 128 190 927 47 745 674 156 911 546 87 456 702 18 985 I 616 10 I 123 405 407 759 6 6 714 Surplus deficit at the end of the year BALANtLSHfcLT 11 4 47 Accounts receivable Other governments Carta Ontario Municipal 1 189 1 075 70 602 Local boards and other Parks Hoard 65 Recreation Commit lie 611 5 Other after allowance for taxes 147 Property acquired for taxes after deducting allowance tor loss on sale 1 010 953 Total Assets 101 490 Labilities Bank overdraft 11 518 Temporary loam I 7 Accounts payable and accrued liabilities Other governments Canada Ontario 1 197 4 941 Local Boards other funds 941 Recreation Committee Sewer fi Water Hydro 595 29 Other 14 509 4 Debentures 19 450 Other liabilities Deterred income 472 Reserves 6 Surplus deficit 47 Total Liabilities 101 490 788 CAPITAL FUND BALANCE SHEET 31 969 Price pinch for builders doesnt alter hydro charge All high school departments jgjj to participate in open house Acton Hydro Commissioners agreed to draw up an agreement with Revenue Properties Ltd to provide electrical services for homes proposed on Churchill Rd S at their regular meeting of the Commission Thursday when L Livesay of the company and realtor Alec Johnson appeared to discuss costs and installation problems Merits of heating with gas as opposed to electricity were debated in a spontaneous discussion when acting chairman Ted Tyler Sr asked if the company was thinking of going electrical Mr replied that they preferred heat but gas wis more economical to install and builders had to beat the astronomical costs of building He said interest rates on N A mortgages would run to 10K percent Mr wis almost out of the housing so they had to achieve economies whenever possible The Commission made it clear lint wiring have to be underground it would consist of a 100 imp service right into the lioine the of Mr on the high cost of construction said he common misconception that the builder every nickel he saved in construction true his case at least He said most builders look i percentage that never varied ind the payliik for something that in list years lylcr continued implying the omuusslou was now exercising precautious Mr said the public ex unmeet the flint price tag on home when they considered Any savings could in ike would make the price more ml Ir li Hi chai economy sied bill and that this Wis the omrnission operated noil profit orginiation don I feel the the town should mike what we to do five yeirs previously you gone short past asked Livesay Oh yes wis the The town used to siy in then developers out loaded k the plied the development would consist of live designs on the isl side He also ihe hopes to produce shopping in he is soon as possible builder said he hoped they would run into fewer problems here ill did in I subdivision s which diew i wry from the I know the irea well you could put i kid with a spoon md two titer hive a he told Hit builder I to heir it M Lives iy grinned I ieli department in the high school will purlieu He when Open House is held Thursday evening May The program promises to be very interesting and informative for students parents and anyone interested I hose win arc the events stress hat whole community invited to come to see typical lessons and special Some of he evenings events ire being specially set up for pircnls John will he leadline math lesson to pirents Im Clarence will imple classes of visitors to show them whil team means In the physical education disphy in the gym visitors by checking out then physic it fitness Take note SI John Ambulance In science lib All in will be supervising smokir g experiments in ilyses of lake water The until depigments hope to i portable computer borrowed mother school in In home economics room Capital outlay to be recovered in future years Temporary loans Unexpended portion of debentures Total current liabilities Sinking fund reserve 916 1861 550 HIS 195 1 6 ncl long term liabilities General municipal 1 52 000 600 Municipal enterprises School boards all liabilities were assumed by division boards of education from Jan 1909 110 159 t6 liabilities I 171 I Council urged Continued from Page I he deputy reeve opposed it would ippen when the ii mini ago A is not needed is much better to let the clerk work on it declared Mr Tyler I not criticizing Ihe work of the clerk but if Ye got to over his head and send Hie mayor reeve or deputy reeve to the engineer and ask when we re fcomg to have the specs not next fall now Councillor Greer demanded Development of town parks a favorite subject ot Councillor Marks who doubles as chairman of the Board of Parks Management was curtailed this year by council s budget cuts but money may still be available if the Minister of Municipal Affairs agrees Councillor Marks asked council to consider using the cash in lieu of land from new subdivisions go to park development in town There could be 000 if the minister approves Mr Marks said If it is authorized for parks use we don dictate the terms used said the reeve The Board of Parks will use it as see til It is our job It could be used tor sodding planting seeding etc Seek meeting tram Page forwarded to council requesting every be made to keep a green bell around I airy Lake in particular with refeicncc to negotiating for a part the lot for parks purposes The hope is to have a walkway all around the lake Not all of Mr lot would be necessary for this The requested reoning of the building owned by Ann where Denny Insurance is from Commercial holding to commercial was approved This would make it conform with its present use Everybody ted up said Mr Saitt as he asked secretary Grant Usher where applications before the Municipal Board stand Mr Usher said approval for the five stores and apartments at Church and Main had come in that morning Members hoped the results of the Toronto meeting last week would speed things up Members reviewed the various project tied up old post office Ransom St apartment senior citizens housing 70foot height maximum for apartments and the Orr property Mcb Blow was named vicechairman of the planning board Possible replacements for Bob Drink waiter were to be contacted He was told Sir Donald Minn park was tint lor their use I the ide the money wis to develop future parks Councillor said I impression the minister mil decide il in lieu is suit declared Councillor Co its That my interpretation A subsequent motion the money for parks development wis ipprovtd The deputy reeve and Councillors Greer and opposed TO STORE VICTORIA DAY SPtCIAlS LADIES COTTON COLORS L SHORTY NIGHTGOWN GlflLS PATTERNS SIZES COTTON SUITS 5288 NEW NAME GRAND SIZES To TIE ft DYE BOYS PANTS CANDY SPECIAL BARBECUE 37 lb FOR VEGETABLE GARDENS VIGORO 66 INSULATED HOLDS OUNCES FOOD JARS REG SI ALL GOING ATA 20 DISCOUNT DUTCH SETS MULTIPLIER ONIONS STEELE GARDEN SEEDS No 1 NEW FORMULA NO LAWN GRASS SEED IN lb 2 lb Si 5 lb BAGS 3M STATIONERY SPECIAL MOD PENS GROOVY COLORS COOL PRICE ARTIST REEVES BRUSHES CANVASS GREYHOUND OILS BOARDS SKETCH PADS OIL PASTELS FOSTER BOOKS SHOWCARD COLORS Big features LITTLE Off ICE Slit BOLD Corsair low urn BATES TELEPHONE LIST FINDERS 5325 to OTHER TEMPO PENS BY NYLON TIP PLASTIC TOTE BAGS 5598 HASTI NOTES VARIETY OF STYLES 49 to RUBBER STAMPS MADE TO ORDER AST mm MARKERS OF FORM GIBSON EVERY DAY CARDS CARDS FOR ALL OCCASIONS WHITE PAPER 314 TO Cards feed Stathatry THERMO ENGRAVED SEE OUR SAMPLES THE Jiff FOR MOST BALLPENS PLASTIC RECIPE BOXES COMPLETE WITH INDEX AND CARDS for ONLY COLORS there will be a f garments nude by lire girls and they will be serving refreshments I oik will ike place and students of arc Using some songs No is set but the visitor will be given a floor plan is irnve Willi of events tlic various iron anada doc have The Mount tin is a floral dec emblem emblem of Northwest flic Maple leaf is shown on ruriloncs symbols The Manor bake sale today Wednesday is being sponsored by the wife of Acton s mayor and the town of Acton Various localities take turns sponsoring the event making pi ins through Hie office of in wife An wis nude by Mrs Lcs to baker of Atlori and Kerns this morning Some wire picked up and others taken to the parish hall for tramp to Milk DATSUNtl a great new GT in ii inn mjih si Out it I linn And Hi mm t IijM All this four the car can be seen at SALES SERVICE 235 BASE LINE ROAD MILTON ONTARIO PHONE 2471 Hill MODI LS ON DIM I AY tours fri Sat Hay ACADEMY AWARD WINNER JOHN BEST ACTOR Im a woman Ace And I do everything that women do TECHNICOLOR SUNDAY NIGHT GALA PRE HOLIDAY 4 FEATURE DUSK TO DAWN SHOW IT starring Roddy THE SCALP HUNTERS Adult Entertainment starring Bert Lancaster Shelly CLAMBAKE The Vengeance of Fu Manchu scorn Adult Enieru merit CIi Id en under Ire Hot Ton Wei May ALL COLOR SHOW George Segal Ben Gazarra The Bridge at Remagen Adult Enisru PLUS Clint Walker Dickinson Sam Whiskey DRIVEN THEATRE PLEASE NOTE SHOW STARTS AT DUSK