The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

PAGE 14 TERRACE BAY NEWS MAY 31, 1978 STATEMENT OF REVENUE : Municipality 4 AND EXPENDITURE 1 Ri TOWNSHIP OF SCHREIBER - EL for the year ended December 31, 1977 : 1977 1977 1976 Budget Actual Actual 3% $ $ $ A Accumulated net revenue (deficit) at the beginning of the year (notes 2, 3(a)) . 75,647 . 101,054 x 155,129 Expenditures and transfers (note 1(e)) j Municipal expenditures gi General government . 82,%00 . 119,786 . 75,369 " Protection to persons and property . 43,700 : 28,620 3 20,832 ' Transportation services . 28,500 ; 83,984 : 78,991 Environmental services . 141,000 . 238,970 ' 101,451 Health services . 20,000 : 29,160 : 44,050 Social and family services . 27,800 : 16,205 ; 27,615 Recreation and cultural services . 150,000 150,410 ; 143,633 Planning and development : 5 78,276 = 65,468 Other s § Total expenditure 493,900 745,411 557,409 { Transfers * Transfers to region or county : ." 15 & Transfers to school boards . 103,094 ) 109,067 3 100,419 : j 103,094 : 109,067 - 100,419 Total transfers . . : 7H Total expenditures and transfers x 596,994 ' 854,478 " 857+ Revenue by purpose (note 1(e)) Municipal purposes Taxation : . 191,300 . 264,534 > 186,607 Payments in lieu of taxes 4 5,700 ; 4,268 : 3,875 Ontario grants . 178,000 . 195,678 ; 119,369 Other grants i : 82,300 . 192,927 ; 14/45 Fees and service ch: ' : { 6,406 : 26,126 Samadi 36,400 |] 60,255 | 47,472 Revenue to pay for municipal purposes ; 93, 0 . g 724,068 . 497,873 Region or county requisition Taxation Payments in lieu of taxes Ontario grants Other Revenue to pay the region or county requisition School board isitio a © 103,09 | 107,693 | 105,011 Payments in lieu of taxes . vi 1,049 \ 869 Other : ; 1,37 } Revenue to pay the school board requisition : 103,094 : 110,116 : 105,880 Total revenue 596,994 834,184 603,753 Accumulated net revenue (deficit) at 75,647 80,760 101,054 the end of the year : Analysed as follows: . General revenue X i 68,622 EL 76,573 : 68,622 ¥ Region or county ; : ; i School boards ! 7,025 . 8,074 : 7,025 3 Special charges Special areas a : - Local boards ; : 3,266 5 3,763 Municipal enterprises . ; ' Waterworks . ; (7,135) | 21,644 75,647 £0,760 101,054 7 The accompanying notes are an integral part of this financial statement.