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

PAGE 14 The following «re excerpts stetements for the verious boards it was the complete set of financial statements will be available for ee LCL LLL CE CO GE TERRACE BAY NEWS from the Township of Terrece Bay's 1969 financial statements. AU DT ed RSS REPORT THE REEVE AND MEMBERS OF COUNCIL, THE TOWNSHIP OF TERRACE BAY, TERRACE We heve examined the books and records of the Towns BAY, ONTARIO. stetements relative thereto are attached. AUDITOR'S OPINION We report that in our opinion, JUNE 4, 1970 Due to the large number of impractical to completely publish the financial statements. However, © copy of review by anyone wishing further information. 109 Cuthbertson Block, Postal Station F, Thunder Bay, Onterio, April 18, 1970. hip of Terrace Bay for the year ended December 31, 1969, and the financial trensactions which have come under our notice have been within the powers of the minicipality, the audit has been conducted in accordance with the instructions of the Department of Municipel Affairs, and the attache related boards and commissions as at December 31, 1969, that date. Date of Licence REVENUE filing - April 24, 1970. Number - 3747. GLENDINNING, JARRETT, Chertered Accountants. TOWNSHIP OF TERRACE BAY STATEMENT OF REVENUE AND EXPENDITURE FOR THE YEAR ENDED DECEMBER 31, 1969 Taxation Contributions. from other governments Other TOTAL REVENUE EXPENDITURE General government Protection to persons and property (note 2) Public Works Sanitetion end waste removal Conservation of health Social and family services Recreation and community services Community Planning and development Financiel expenses Education Other TOTAL EXPENDITURE (note I) Excess of revenue over expenditure for the year Surplus Surplus Surptt (deficit) at the beginning of the year at the end of the year 5 ag reported at December 31, 1968 amp iycancenareatione wetstestecerntshate st cr etn AeA IR MRI mH Na oer Ct AY ONE 1969 $ 515,942 54,632 16,112 586,686 ee 31,504 59,928 17,087 30, 805 1,688 15,624 66,779 981 THS 346 , 960 2,200 573901 12,785 14,917 27,702 eer d stetements present frirly the financial position of the municipality and its and the results of their operations for the year ended on GOULD & CO. 1968 $ Lig , 343 48,852 s - m4 515,936 31,050 46,129 15,701 31,771 2,219 5,416 67,391 IOI 289 290,088 1,745 491,900 oh ,036 (9,119) 14,917 $ 16,165 een a