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PAGE 11 TOWNSHIP OF TERRACE BAY STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31,1968 REVENUE Taxation Realty Business Contributions from other governments Payments in lieu of texes Subsidies Other Revenue TOTAL REVENUE EXPENDITURE General government Protection to persons and property Public Works Sanitation and waste removal Conservation of health Social and family services Recreation and community services Financial expenses Other Education - local contributions TOTAL EXPENDITURE ~ See Note I Excess (definciency) of revenue over expenditure for the year j Surplus (deficit) at the beginning of the yeer at Surplus (deficit) at the end of the year 16,165 The accompanying notes are an integral part of this financial statement. TOWNSHIP OF TERRACE BAY ANALYSIS GF" REVENUE FOR THE YEAR ENDED DECEMBER 31, 1968 | 1968 TAXATION | Realty - Residential and farm 104,654 - Commeroial and) Industrial 218,431 | 23,0 Business Contributions from other governments Payments in lieu of taxes Canada ] Ontario Ontario enterprises TERRACE BAY NEWS JUNE 26,1969 Subsidies ' Ontario General Per Capita 9,830 Residential property tex reducation 19,733 Specific : Roadways 5,603 Conservation of health 31 General welfare assistance 1,038 Recreation 3,399 Share of liquor License fees 371 40,005 48,582 Other revenue Interest earned 524 Licenses and permits - 916 Rents, concessions and franchises 6,492 Fines I23 Penalties and interest on taxes 725 Tax remissions charged to boards 200 Swimming pool memberships 3,292 T2, 272 TOTAL REVENUE 511,715 TOWNSHIP OF TERRACE BAY ANALYSIS OF EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 1968 1968 General Government a ucane Reeve and Members of Council 2,600 General Administration 12,680 Other Government 16,255 31,535 Protection to persons and prope Fire (See Note 3) 19,761 Police 17,536 Protective inspections 360 Street lighting 6, 283 Pest Control 607 W547 Public Works Sidewalks )_ Roadways ) } II,791 Roadway cleaning ; 4512 16,303 Sanitation and waste removal Sanitary sewer system 18, 306 Continued page J? cceesece