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PAGE 20 â€" WATERLOO CHRONICLE, WEDNESDAY MAY 25, 1988 f Capital outlay financed by long term liabilities and to be recovered in future years Restricted ASSETS Unrestricted Cash Taxes receivable Accounts receivable Inventory Long term investments Investment in own debentures Cash Accounts receivable Long term investments Investment in own debentures 1987 FINANCIAL HIGHLIGHTS Elementary Schools Secondary Schools Local Municipal Purposes Regional Purposes Total Mill Rates â€"â€"HOW YOUR TAX DOLLAR WAS SPENT IN 1987â€" Government Grants Other Revenue Surplus at Yearâ€"end Reserve Fund Balances Taxes Receivable Long Term Debt Tax Revenue 28,791,201 23,704,363 12,686,160 9,097,.117 7,008,014 _ 4,280,145 7,129,277 36,247 1,791,593 140,000 7,940,319 969,102 3,096,918 269,821 20,000 390,000 1987 $ 1986 $ CONSOLIDATED BALANCE SHEET Public and Separate School Supporters HIGHLIGHTS OF THE YEAR City Region Education 9,.857,362 7,640,320 _ 13,863 2,013,179 190,000 9,566,856 6,181,197 884,616 2,083,042 273,001 20,000 125,000 MILL RATES 227.198 59.003 54.189 45.100 Residential 1987 198 FUND BALANCES AT THE END OF THE YEAR Accumulated net revenue at the end of the year Unexpended capital financing (capital operations not yet permanently financed) Reserves Reserve funds Accounts payable and accrued liabilities â€" Net long term liabilities LIABILITIES 12,689,784 10,122,497 28,693,874 2,770,924 16,899,997 1,050,000 9,097,119 969,102 7,008,014 212.274 66.282 53.134 51.171 41.687 267.292 1987 81.066 69.415 63.1752 53.059 11,365,536 8,871,410 25,408,328 2,3874,574 13,116,031 1,050,000 9,857,362 Industrial & Commercial 884,616 4,280,145 249.734 77.978 62.511 60.201 49.044 28,791,291 23,704,363 16,813,725 2,839,417 2,747,000 2,630,191 9.097.117 4,969,552 3,818,911 7,008,014 _ 4,23280,.145 1987 $ 1986 $ 15,8605,307 2,175,190 628,817 2,943,938 9.857,.362