THURSDAY, MARCH 5, 1959 7

School District No. 36 (Surrey)
inancial Stateme

Revenue and Expenditure Statement
CURRENT OPERATING ACCOUNT

for the year ended 31st December, 1958

REVENUE EXPENDITURE
Taxes Adminstration
Corporation of the District Salaries $ 37,066.90
“I Mr, and Mire: Art Higgins of Surrey $1,127,342.24 Office expense 6,044.86
: City of White Rock 134,421.00 Trustee expense 5,015.11
| ] ] Rural 2,365.00 1,264,128.24 General 33,791,02 61,917.89
Well-known local couple oan
capital and debt service 1,602,524.00 Teachers’ salaries 1,765,586.55
Special - receivable 3ist School clerical salaries 34,270.15
| urcnase Lone Sian December, 1958 6,856.78 Teaching supplies 83,509.60
| Night school 878.10 1,610.258.86 Other instruction expense 11,473.81
| ° jf Payments to other boards 10,981.63 1,902,830.74
j A weilknown White Rock |were popular owners of Coney} jo.
couple, Mr. and Mrs. Art Isand for 11 years, prior to Tuition Operation
gins have purchased Coney |selling the business last spri c
A Island F ah ane Chips, Ww a ng: The Higgins welcome old Night school students 2,411.39 6,911.39 Janitor and engineering salaries 175,270.06
ton Ave., and are open for bus- new friends and customers. | Janitor and engineering supplies 18,362.49
ress as of today, Thursday ————__—_— | 631,298.49 ‘Light, power, water and fuel 97,443.55
a 5. elke rs Work commences | Deduct: Insurance and rentals 8,330.90 299,407.00
Mr, v:id Mrs. Higgins have re
= | Amount budgetted and received re
“ \ {sided in this district for he ton Satan Temple | Sea eee ey cate Répalre and meleterancs
| BSiveats. They “have. taken: © ha (can below 63,240, Grounds, wages and supplies 26,220.02
nce above the cafe, alon3/ed on Calvary Temy | below) 393,249.00 Z
| icir two children, Gail 18! church being erected on John-] mount included in current budget Building, wages and supplies 150,247.39
and Wayne 11 ston Road, just ‘okes | cover 1957 deficit 12,747.04 345,996.04 Equipment, wages and supplies 13,082.91
Art has been employed as a he pa Other 9,181.37 198,731.69
0 an at White Re Riddoch > for current aN account
| 3 years and M deficit - 1958 Conveyance of pupils
in the Hi Se Bus operating expense 37,484.91
NeealaSipior Val ea hea age Contract bus expense 5,847.89
» loca Super-Valu now being laid PL ’ 7 " 3 n ist
Sto ¢ five years. She was a church, with seat } Transportation assistance 1,833.16 45,165.96
head hier at the store at thi acity of 400 to be i / . td
ne ront of this Sund 1 ui Auxiliary services
all at a iater date wu Health services 7,276.91
aturday with day school bu measur: — Tuition fees - retarded children 5,639.01 12,915,92
on of a “Livy 24 by 50 and will accommodate / y, — sss
way gilt 100 F
Art worked for t Norte | Phe [eal $ 2,540,969.20
ern for cne year prior king Ter i aE
the position at Wh R
7 Motors.
Te ar v
\pm a I
i i DEBT SERVICE ACCOUN
. 4 REVENUE EXPENDITURE
. purcha Debt services
eral lar ynations have) Amount allocated 1 current Serial debenture retirement $ 167,750.00
. interested udge $ 333,249.00 ank loan retirement - re buses 8,534.00
are pleased to an Neh ences iterest on debentures 104,913.92 281,197.92
5 t the former o enbe
Mr te Miscellaneous
Operating deficit re debt service - 1958 ~
assisting enrollmen oe eae po Coa hag * Bank charges and interest 60,304.70
public :
5 °
Its Time for
Vi .
Hamins 2s: Balance Sheet
be used as a kitche pO! or
Maintain your resistg@@ WMRCie ake
to colds and ‘ia wilif The attractive sign marking| As at 31st December, 1958
_ same / wd location was painted by
Vitamin "Tone? |%mes Ashcroft, of Vancouver ete
ULE /A|siaiga: writer, father tot. Mrs REVENUE FUNDS
e Liquids ffr / | Riddoch \ GY BUN UG )t \
— es ASSETS LIABILITIES
C h on hand $ 200.00
The Quest’ to be eee Bank - overdraft Me $4961.95
shown here March 7 ash in bank - text book trust iF
' . night school trust 1,838.48 2,280.75 Toa reihises 12,668.60 17,030.55
The film entitled “The Quest” career? a A ws
the Istest production of the
Accounts receivable :
Moody institute of Science 7 3 Ac F : 16,001.59
which deals with archeaological pap acal GOveEn ens Le a atria Ree ee ;
findings and their bearing on Other ed ‘171-31 Due to Provincial Government re
Holy Scripture, will be shown =. text book rentals 242.27
at the Evangelical Free Church, | Due from referendum No. 3 funds 4,947.13
Friday evening, March 7 at| Deferred charges re bus purchases Trust funds - schedule 1
7:45 p.m. Also to be show acaverablaluy lacie 96
& SAU tAMatroviger tora lor ane i SS ee eee Sere Shareable current capital trust 7538.09
“OISPE! much-publ. d 42 3 ae ee fe
isOuR Duriness” Era ceaad ares cay 1957 8,268.60 12,668.60 Non-sharable current capital trust 1,175.66 8713.75
mentator will be Fraser McCrae Se a a
of Vancouver Total Assets
2 __ | Operating deficit - per exhibit “B”
| 1958 current operating 5,666.75
\ | 1958 debt service 8,253.62 13,920.37
} | = — al ———$—— wr
| | $s 1,988.16 $ 41,988.16
‘ x
CAPITAL FUNDS
ASSETS LIABILTIES
School sites, building and equipment Bank - overdraft 218,607.48
at cost 4,016,518.26 loans 373,400,00 592,007 48
: - under construction $,170,574.38
School buses, trucks and tractors - Due to general funds 4,047.13
less depreciation 40,774.16 Debentures payable 4,683, 047.54
Road bonds ~ recoverable 2,650.00 Capital surplus 1,985,914.83
“ Tr $7,236,516.78 $7,296,516.78
. Submitted as part of our report dated 27th January, 1959.

W. BEAGLE, Chairman
C. D, CHRISTIAN, Secretary-Treasurer

BUILDERS SUPPLIES
1S791 Campbell River Road

Wi, 60060

Se

FREDERICK FIELD & CO.
AUDITORS.