42 - Wednesday, July 1, 1992 - North Shore News

CANADIANS FROM sea to sea are today celebrating
Canada’s 125th birthday. Like most parties, Canade
Day gives us a chance to forget about the country’s
woes and celebrate what we have here. At a time when
national unity is hanging en by its fingernails, Canada is
in bad need of a party. Voices are hoarse from constitu-

tional disputes which threaten Canada’s future. The
recession just doesn’t want to go away and higher taxes
never seem enough to pay for our social programs. But
despite our troubles, many would agree with a recent
United Nations’ survey which ranked Canada the best
place to live in the world.

What does Canada have to celehrate?

David Spence

West Vancouver

A great country, because
we have so many dif-
ferent kinds of people
and different cultures.
Mast every place is dif-

Pat Little

North Vancouver

Vd say a good life,
without very many
restrictions, and the
beauty of the country.

Eleanor Lee

Port Coquitiam

It’s a free and democrat-
ic country, with beautiful
scenery and weather. We
just moved here, and we
love the country very
much.

Karen Lee

North Vancouver

I think the future looks a
fot better with keeping
Canada together. I think
it’s important that we
work to keep Quebec,
and [ think we're work-

Muzira Lalji

Nerth Vancouver

I think that it has one of
the best standards of liv-
ing in the world. There
are a lot of opportunities
here, and if you're in
trouble you can get help.

ferent. It’s unique.

WV ties up budget loose ends

WEST VANCOUVER managed to reduce its long-term
District Council is still debt by $1.5 million and estab-

epee lished an endowment fund of
finalizing its 1991 budget. about $11 million that will mature
in five to seven years and provide
an additional cash flow for special
projects.

About $3 million of the en-
dowment fund came from lease
payments for the development on
municipal fand at 320 Taylor

Way.

ing towards that.

WEST VANCOUVER
DISTRICT COUNCIL

changes in accounting.

These were offset by savings in
public works ($79,000) and addi-
tional revenues in building permits
($38,000) and golf fees ($50,000).

Griffiths said the 199! budget
was notable because council

By Maureen Curtis
Contributing Writer

Ald.. Don Griffiths recently in-
troduced a bylaw to amend the
1991 budget to reflect the actual
expenditures that were incurred
during the year.

“Tam pleased to report that we
are able to achieve this balance by
including a small surplus, about
one half of 1% of our total ex-
Penditures of $60 million,”’ said
Griffiths.

The surptus was achieved
despite a considerable drop (about
$! million) in interest received on
investments resulting from falling
interest rates.

‘*...and this adverse effect has
continued to an even greater
degree into 1992,” said Griffiths.

According to George Horwood,
West Vancorver’s director of fi-
mance, ‘“‘under and ovez"’ expen-
ditures tended to offset each other
during the year.

Areas that were over budget in-
cluded a budget miscalculation of
salaries in the fire department of
about $112,000 and a further
$63,000 cost in the recreation
department that resulted from

Christmas Shopping
in Hong Kong

7th Annual Tour
8 days/6 nights * Nov. 30 to Dec. 7, 199;

*1349

AM poses aty baved on Vancouver departures
and aie pet pervon, twan stung and do not
inclade departure taees. Subject to
ovailabully Vou and Atastercand accepted,

5th Annual Tour

HONG KONG ¢ BANGKOK ¢ PENANG
15 days/13 nights

November 15 to 29, 1992

*2569

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