hy

| wednesday, May 28 ue

STATEMENT 1

OPERATING FUND

a

Se DISTRICT 1 NO. 63 pene |
FINANCIAL STATEMENTS | YEAR ENDED DECEMBER 31,1968

DECEMBER 31, 1968

“hopes that. the island sis able to |

SCHEDULE A

| | Targ et Is | | | 2 ae
Exceeded |

The Red Cross campaign on

’ Mayne [sland went over. the top :

again this vear,
Canadian. Red Cross Society

collect the | sum of $100, but the
collectign this ‘year reached’ a
total of $107.85. In addition to
this sum itcis oxpected. that a

few more .donations will be re-

ceived.

~trusteeship, setup: by: the Silver.

“It has been intimated that Sid
ney Old Age Pensioners Organiz~
ation has decided to" join. “in:.th

Threads Volunteer Corps toesta~
-blish a fund fer. building ase
citizens’ activity, ‘centre.

The trustees are’ now seeking
to. enlarge the. irusteeship : in
order to fully represent the whole os
area from.which raembership: of.

SERIAL DEBENTURES... sooo. Debentures The. chairman ww. ishes: to thank = the -Hwo. organizations is drawhs
. BALA NCE SHEET - DECEMBER 31, 1968 \ , Amountof Redeemed Debentures all the ladies who gave so much —
— By-law. Date of. Term of.. Interest Debentures to December Outstand- Principal er. oe “of their. time travelling diround |.
with comparative gure at December St, 1967 Number Issue _Vears Rate Ussued 31, 1968 ing Instalment Interest” Total ig make the collection, and to Annual Banquet.
ASSETS 2 1950 20 SAG $185,000 $159,000 $ - 24,000°°3 11,000 3 1,212 $-12,312° maak all who gave so generously : oe
. 1968 1967 3 1054 20 -44 70,000 52,000 18,000 - 3,000 829 3,829 ig make the campaign the success Bight Galiano residents . Ale
CASH $48,138 § 28,075 4 1956 200° (38/4 490,000 240,000 160,000 20,008 B,720 25,780 make the campaign the success, fended the recent annual banquet
ACCOUNTS RECEIVABLE . oo ign 20. 43/4 “103,000 ~ g8,0u0 "45,000 5,000 2,256 © 7250 that it has turned ‘oul tobe, @! Me Canadian Power Squadron, ©
Tuition fees 10,386 10,422 7 1958 20 41/2 136,000 77,000 59.000 ~ 7,000 2,970 9,970 Special recognition-was given to:
Other 65,187 1,425 8 i9ne 12 4 a BROOK 92,009 6,000 $,000 300. 3/800". this year's graduation class."
“DUE FROM CAPITAL FUND 0) 82.874 tw 8 5 24,000 © -2).000 “3.900 3000... 800. * 3,300 Collision Occurs a Near awe, went to
; . : ; a 7 "7 ue ‘ if . AB OG 5 a ; Jay etcham :
$123,711 § 62,901 16 1961 29 5 120,500 » 42,000 7B .Q0U 6,000 4,200 . 40,200 an ’
= : Pho 1962 20 5 190.005. 30,000: 70,900 £000 © 3,625. 8,628 After U- Turn thur lati: Engine Maintenance
_ LIABILITIES AND SURPLUS 12. 1962 20 old 300,009 “99,000. 210,000 15,000. 11,813 26,818 ; Awards went to’ Margaret Stahl,
CHEQUES ISSUED.IN EXCESS: i3 1963 20. a) a U.S. currency 200,006 90,000. 150,000 * 10,000 9,780" 17,750 A two Car: colision coceured .$ Bud’. Day and. ‘Glenn’ Stahl;
OF DEPOSITS OZ se 4,908 . Ld 1963 26 51/4 ys 104,000 26, ug» 78,000. 5,200 4,368 9,568 on fhe Patricia Bay Highway at - Mer it “Award was ‘also: ‘given to:
ACCOUNTS: PAYABLE 2,010 879 1h 1964 - 20 ASA US. currency 100,060. - 29,006 89,000 “9,000 3,010. 8,919 - 12:20 acm. on. May 24, : : Bud ‘Day. - Over. 300, persot
MATURED DEBENTURE COUPONS , 16 1964 20 41/2 GS. currency — 69,000. . 12,000" = 485000 = 3,000. 2,895" 5,295 ' A-vehicle, owned by Neil David attended the dinner, » including
OUTSTANDING... a 1,642 ie 1955 - 20 45/8. U.S currency |: 240,000 86,0005 204,000 12,000, 9,712 21,712 Dresen of Chalet. Road, North ; Elizabeth Mabberley of Colwoo
_ DEFERRED REVENUE. 61,56 18,859 18.0 1965. 20. 5 3/8 ; 2 a 79,000 = = 10.500 69:50. | 3,500. 3,386 6,886 _ Saanich, was proceeding southon.
~ : G3,571 26,288 i ene $2,238,000.” $945,500 ~ “§ite,700- $65,785 $182,485 he highway when’ it struck’a “Witnesses” ;
. : SERIAL DEBENTURES OUTSTANDING ~ ~ vehicle driven by Wayne Dibnah |
~ SURPLUS © DECEMBER 31, 1968 . = 1,292,500 “of Sidney. Mr. Dibnah was mak- To Convene.
ae - . ; ; eritore . OTT ” ing a u-turn just north of Roy’s
Unexpended 34,055 8,538 SINKING FUND DEBENTURES ae oo oT t north of Roy's:
“appropri “ . 19 1966 20 5 U.S, eurrency 150,000 $° 1g0,000 $ 4,781 © 7,500 42,281 Chevron Station whet the acci-  M Keeping with the theme for
Appropriated for: . a hate , 4 - dent occured. Furttier investi (heir upcoining ‘gathering “Mak-.
Vocational t 1 di tu 20 1966 20 S172 US, currency 368,000 . 358,060 11,412 19,690. 31,102. .dent oecure urther. investi- ~. :
ocational capital expenditure ve : - on = 269° gations are bei d . Si I ing’ Wise Use : Remaining
(Statement 3) © 22,042 28,075 QP 1966 20 61/4 - 400,000 400,000... 12,750 25,000...37,750." &4 ms. a P eing. made by Sic time" the Sidney ¢
. 22 1987 20 61/4 ; 500,000 500,000 15,938 31,250 47,188 "ney
“reste 3,133 = 23° 1967 20 5 7/8 U.S. currency — 180,000 180,000 6,738 10,575. 16,313
$123,711  $ 62,901" 24° 1987 20° 6.1275 U.S, currency 200,000 200,000... 6,375." = 10,255 . 16,630 SENANUS DRIVE
250 (1987). 20. 7/8 200,000 ~ 200,000° _6,049 13,750 19,799 :
eS a, Appréved by the Board: a © 988,000 - - 63,0430 118,020 181,063 = PROTESTS AIRED anes
: Chairman Ce oa nn nee : a o Lh
Secretary- Treasurer SINKING “FUND > DEBENTUKES OUSTANDING Poke: oe 0 #600 ; : ma
3 DECEMBER.31, 1968 L088 000 Letter from F CE. F Ford. © a5
“ TOTAL -DEBENTURE. DEBT OUTSTANDING - me Central Saaitich: council last week’.” |
DECEMBER 31, 1968’ (Statement 8) - $3,280,500 drew attention to the heavily da= «
DUE TO MUNICIPALITIES - DEBENTURES | To : ors mentioned else Senamas ;
. rr rive; mentioned.also was the zs
SERIAL DEBENTURES “ “matter..of beach, access at the 3 p.m. "on Sunday. _ Mr.
STATEMENT 2  cirict of Saani at 5 ‘$ 26,000 __12,500 1,347 13,847 foot of the road. is the District Supervisor. for.
District of Saunich (Statement 5) .
istrict ¢ taeme | $192,243 $185,152 $377,395 — . Jehovah's, Witness-:in -- British
OPERATING FUND — STATEMENT OF TOTAL DEBT CHARGES ~ 1968 © Complaints were supported vy Columbia, sal. re:
~ >a petition signed by 20 residents,
“REVENUE AND EXPENDITURE who asked that.the road: should.”
—_ 3 LEB” be returned to the standard of 10.
YEAR ENDED DECEMBER 31,1968 STATEMENT 4 SCHEDU aa years ago when | it was mscsant [
“vice etitioners requested tha
_ (with comparative figures for 1907) OPERATING FUND — NON- SHAREABLE OPERATING FUND. REVENUE “a barrier be erected. to prevent
a vie cars approaching... the beach at
REVENUE (Schedule B) . = = CAPITAL EXPENDITURE YEAR ENDED DECEMBER 3}, 1968 7 Henderson Point Tage :
pay ‘aves bot $1,342,958 $1,229,765 STATEMENT OF SOURCE . (with compatrative figures for 1967) . 0s the superintendent. of” works aE
ranis © Sovernmem ° aacmet “nee an : , eo 1968 1967 ‘Was _ authorized “by: council © to
British Columbia eee: Mahone AND APPLICATION OF FUNDS SCHOOL TAXES - ercet a suitable barrier’ to ‘stop .
. Tuition fees 42,579... 38,421 ao pner : ° Municipal ; ~ ,.,, vehicles: travelling the, gazetted
| Other 247 538 YEAR ENDED DECEMBER 31 1968 ipatrict of Saanich. $469,295 $428,803." footpath to the beach, ‘The ques=
a ; 2,077,580... 2,222,325 > Gvith comparative figures for 1967). District of Central Saanich » 302,653. 287,888. tion of: fires ‘sing ignited on the ~ =
-SURPLUS (DEFICIT) FROM 1968 “1967 District of North Saanich "308,680 273,690. ~ beach: at: that point and at simi-
PREVIOUS YEAR 88 (2,945) “SOURCE OF FUNDS mo Town ot Sidney 210,900 199,342 “lar situations is to haye further “8
2,686,118 2,219,380 . Appropriated from operating " Rural’ 40,779 39,055 study. has ots :
fund-schoo! taxes $ 22,505 $ 10,838 1,332,807 - 7,228,844
EXPENDITURE APPLICATION OF FUNDS. oe ~ Canada Grants in liew of taxes ™
Administration and general F urniture | and equipment ae 19,372 10,838 (prior year) via constituent . “BUY. WO,
overhead. 0... 103,584 84,998 - wee : 7 TS --Municipalities =~: ne a nrnns Pas : /
y. Instruction ae toT ae INCREASE IN FUNDS 3,133 District of Saanich 8,380 en GET ONE FREE |
* Operation of school plant 247,011 213,593 -EXPENDED FUNDS AT. District of Central Saanich = - 921 oy
vie UNEXPENDED FUNDS mo, . 2
Maintenance of schoo! plant 164,004... 109,615 BEGINNING OF YEAR . Town of Sidney: eT " £
Conveyance of pupils 7,782 38,460 UNEXPENDED FUNDS AT 10,15! 921 STARTS
» Auxiliary services 15,2080 LS "END OF YE _ 133 § TOTAL SCHOOL TAXES $1,342,958 $1,229,705
"Debi Services - 405,703 336,843 END. OF YEAR 3,183 8 ; ee . FRIDAY AT. THE :
.. Non-operating 3,995 140 . GR ANTS - coy ERNME2 NT oF, — ge
: 2,629,548 2,200,004 STATEMENT 5 BRITISH COLUMBIA . SIDNEY.
Income apprapriations _ Operating expe NSeS PO eg tte 8 . :
School taxes - non-shareable 7 APITAL FUND ‘Basic ee ‘$1.200,476 “$ 950,946 TRAVELODGE
_ Capital expenditure (State~ os Adult edueation’ 1,320 2,655
_ment 4) : fo 22,509. 10,838 BALANCE SHEET - DECEMBER 31, 1968 TOTAL GRANTS $1,291,706 $ °953,601-~ .
oe * 2,652,053 2,210,842 : :
; —_ < 7 with comparative figures at December 31, 1967)
“SURPLUS FOR THE YES can  F HOGS § 8,558 wit comp ee gers neem i968 “6% “TUITION PRES a a pei Megat da? Bhp
CURRENT ASSETS a ae Adult education. . $10,558 $ 6,585 Reve Uae |
CURRE ASSE _ . ~ . - aie cate a eee . 9G as ee Eee
nes * Ae Non-resident. overage. ete. ©. 32,021 29,8 ;
. Castine. $29,615 $118,088 TOTAL TUITION FEES $742,579 $38,421 goiden
. © RECOVERABLE, FROM PRO- aan as .. _ . Sa arrow
STATEMENT. 3 ‘VINCE OF BRITISH COLUMBIA 6,000. 9,000 OTHER mye > manufacturing fimited B
SCHOOL PROPERTIES, at cost a ; Rentals Pu s 200 $ 220 ages et
; . ; + . 356.926 ©. 3472120 faNtQAls . ; rs _ oi, ae onesie ete et wanes
OPER Thi Sites . mete : ap an Text book rentals and re-sale _ Type oe oa
Buildings 4,287,863 4,258,071 atecials 47 318 CAYUGA.
VOCATIONAL CAR ITAL EXPENDITURE Furniture and equipment 666,804 611,575 ‘TOTAT OTHER $ 247 «8 538 a iad oh
Vehicles 83,427 83,327 ues = Sone el fee
STATEMENT OF SOURCE © Ss aS ROW ©
AND APPLICATION OF FUNDS DEBENTURE SINKING FUND STATEMENT 6 . ihe
(B.C. Sechesl District Capital - . oa -
YEAR ENDED DECEMBER 31, 1968 Pinagneing Authority) 103,044 26,943 CAPITAL FUND FUND ; CROP
; $5,526,979 35,153,089 : , :
(with comparative figures for 1967} chiens | ohn BY-LAW CAPITAL ok aoe
1368 1267 LIABILITIES SPRAYER a
SOURCE OF FUNDS PERM BANK LOANS g - 8,300 STATEMENT OF SOURCE ‘
Federal - Provincial agsistapre $= $81,894 DUE TO OPERATING FUND 3 22,579 AND APPLICATION OF FUNDS @
Investment earnings 226 = DUE TO MUNICIPALITY > re
e206 87,854 debenture issues ‘schedule A) 25,000 38.590 YEAR ENDED DECEMBER 31,1 1968 Featuring:
DE BENTURE DEBT OUT- " ; ;
APPLICATION OF FUNDS STANDING (Schedule AY 3,280,500 3,397,200 (with camparative figures for B67) - eo 100 Gal. Alcan aluminum tank carrying Golden Arrow _
Alterations and additions to 3,306,500 3,468,579 1968 1967 $+year warranty, : oe
existing buildings eg SOURCE OF FUNDS . - tor @ Golden Arrow Branco or RP2- RC model pumps for sure |
. Furniture and equipment £,359 42,059 CAPITAL Sale'of assets § 27 $ 301 handling of. abrasive wettable powders at pressures
4359 96,508 UNEXPENDED FUNDS ~ Investrent earnings B38 186 up to 500 psi :
By-law capital (Statement 8} 23,615 115,058 Temporary four irom . ao nee e Telescopic pto drive
INCREASE (DECREASE) IN EQUITY IN SCHOOL BOARD Operating Fund : 22,57¢ e High pressure hoses standard
» FUNDS 3193) 47,609) PROPERTIES 2,196,864 1,871,457 £62 22,866 e Rope pull ratchet valve for easy on-off from the tractor
UNEXPENDED FUNDS AT BE- 2,220,479 — 1,986,310 Proceeds of debentures issued seat
GINNING OF YEAR 28,075 30,584 $5,526,979 $5,453,089 Par value - 1,080,000 » Spraying systems pressure regulator .
UNEXPENDED FUNDS AT Appreved by the Board: Less discount 44109 e Propellor type mechanical agitator for theres peas
END OF YEAR $ 22,042 8 28,075 ‘Chairman a i289) tive mixing
Seeretarye Treasurer 3 662 S109, 75 @ Selection of high pressure booms “
APPLICATION OF FUNDS ,
New schodl sites 3 9,266 S 4,099
re and other suppevtrs exidence as we considered necessary in Alterations and additions to _
AUDITO RS REPORT the Circumstances. existing buildings 25,792 468,054 aS vexiete festure
wr ciaee » our ¢ y these financial stateme é werly drawn Furniture and equinn.ent 39,522 RO,i59 (rviont, doom hfe
« Trustees of Te our o these financial statements are prorerly ay , nina fromm se tractor Seat,
@: Poe trict No rh ieaaneh) Up saoas to evhibit nd cerrectly the state of the affairs Bank loans repaid 464,450 mg |
sida .B c. ae as the LBeurd as at December 21, 1908 and the results of its Temporary loans from other
wadney, BL gperatiors awl the sonres and application of its funds for the funds repaid Operating bund 23,075 =.
j by ce sh af Roar: CFOS par then ended ars) to the hes: ef cur inturmation and 92,15) 1,078,092
We have examined the balance sheets of the Beard of Schaal year then ended, according io the : “met
Trustees of School District No. 63 Gaanich) as at December eoplapatiens given te us and as shown iy the books and records INCRE S ‘SE (DECREASE. 9 IN 1,438} 17.08
31, 1968 and atements of rovenne an esjend't re a: the District. FUN C1 ASE 7,065
3i, 1968 ard the statements . eee oe hone ds 2 “ Thorne, Gunn, Hellivelle Christenson, AT P.O. Box 4066 2046 Keating
and source and application of funds ier the year then endd PSOPLA, Saute t , t 515.033 07.988
¢ SEES ; soir ari aveanatiane wa tar Chartered Accountarts, ; > BAG 2 ieyUor wes tatiana a oe
and have obtained all the intormaticr ami explanations we nave 7 a Chartered Ac a o ceupe x ‘ Oe mn wp EAp 3 : Station A Cross Road = /
Tequired. Our examination irchided a Zeneca revwew af the Vieteria, HAC. DED E ” |
equired. Our es Gb oecrh teste of ue. watees ve sarel 20. 1 OF ¥FAR § 23,10 3 1,63 Victoria, B.C
accounting procedures arn Sach tests of as mM Trecores Mareh sya anterior r oe. .
é ,