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TERRACE BAY NEWS THE LAKE SUPERTOR BOARD OF EDUCATION STATEMENT OF REVENUE FUND REVENUE © AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 1970 AND ESTIMATES FOR THE YEAR 1971 YEAR 1970 Total Expenditure $ 1,025,469 LL ESTIMATES FOR YEAR 1971 JULY 28, 1971 $ 1,617,205 I Note: Secondary Schools include Trainable Retarded Children. Provision for Reserves is for Retirement Gratuities. ELEMENTARY SECONDARY ELFMENTARY SECONDARY REVENUE SCHOOLS © SCHOOLS SCHOOLS SCHOOLS Local Taxation Revised Net Requirement A : from Municipalities $ 537,838 $ 736,439 $ 477,026 $ 646,205 Supplementary Tax Levy . - 1170 1,231 850 1,080 Licence fees for Trailers 3,722 2,358 3,500 2,300 Basic Shelter Exemption i ; Unorganized areas only. - 335 - - Other School Boards within Cntario 5,986 2,034 6,500 3,900 Government of Ontario 5 : General Legislative Grant 435,184 762,683 615,373 930,055 Education Mill Rate Subsidy © 7,450 6,889 4,013 5,195 Recovery of Cost of Education 1,513 17,372 3,900 23,400 Canada Pension Plan Recoverable. 5,954 7,L67 6,200 7,700 French Language Grant (1970 only) 8,040 3,1n - - included in G L Grant in 1971 Other - 897 - - Government of Canada i Tuition Fees, Grants and Costs Recovered L60 26,030 1,240 24,700 Individuals : Fees re Adult Education - 3,476 - 4,000 . Fees for Driver Education - 1,500 - 1,000 Fees Day School from Ont. Residents - 56 - pr Other Revenue - Rentals, etc. 19,322 45,268 21,300 46,000 Total Revenue $ 1,025,469 $ 1,617,205 $ 1,139,902 $ 1,695,535 EXPENDITURE Business Administration $ 70,593 $72,935 $ 95,061 $ 72,861 Instruction : 659,780 © 1,059,7L0 710,197 1,118,959 Educational Services 14,048 32,667 15,813 30,202 Attendance, Health & Food Services 712 L62 1,370 960 Plant Operation 96,496 131,767 104,217 136,473 Plant Maintenance 12,046 16,542 12,859 17,131 Transportation 27,458 46,326 26,150 40,500 Tuition Fees - 22,887 n 5,000 Other Operating Expenditures . (Residences, etc.) 17,473 30,006 21,304 34,586 Capital Expenditures (non-allocable) - 51,601 46,968 56,668 Debt Charges 126,509 151,839 115,563 173,695 Non Operating Expenditures 354 297 .- w Write-off of Taxes - 136 500 500 Provision for Reserves - 8,000 8,000 $1,139,902 $1,695,535