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JULY 16, 1970 TERRACE BAY NEWS ASSETS Cash ' Investments, at cost (1969 market value $ Accounts receivable Other Governments Canada. Ontario 5,490 Munieipal Local boards and other funds Water Works Capital Fund 1,646 3,182 Other, after deducting allowance for doubtful 'accounts Taxes receivable, after deducting allowance for uncollectable taxes Property acquired for taxes, after deducting allowance for loss on sale Inventories, at cost Other assets Total assets SOURCE OF FUNDS Unexpended funds at the beginning of the year Long term liabilities incurred, at par Canada Central Mortgage and Housing Corporation Ontario Ontario Education Capital Aid Corporation TOWNSHIP OF SCHREIBER REVENUE FUND BALANCE SHEET AS AT DECEMBER 3I, 1969 1968 $ ho,4o9 £5,490 4,828 2,018 Uy WTS 6,970 123,909 LIABILITIES Bank overdraft Temporary loans Accounts payable and accrued liabilities Other governments Canada, Ontario Municipal Local boards and other funds Other Other liabilities Reserves Surplus Total liabilities TOWNSHIP OF SCHREIBER STATEMENT OF SOURCE AND APPLICATION OF CAPITAL FUNDS FOR THE YEAR ENDED DECEMBER 31, 1969 ~ " 1,086 7,721 continued page I7 secs APPLICATION OF FUNDS Balance at the beginning of the year not. permanently financed ; Capital expenditure General government Protection to. persons and property Public Works Sanitation and waste removal 113,095 1969 $ 1968 $