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June 15, 2009 - District of Mission

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Municipal Forest - 50th Year Anniversary Financial Statements 1 57<br />

SCHEDULE 12<br />

Cemetery Perpetual Care Trust Fund<br />

as at December 31 2008 2007<br />

Assets<br />

Investments in Municipal Finance Authority Money Market Fund $ 662,741 $ 640,129<br />

662,741 640,129<br />

Liabilities<br />

Payable to <strong>District</strong> <strong>of</strong> <strong>Mission</strong><br />

$ 662,741 $ 640,129<br />

Financial Position<br />

Financial Equity<br />

Balance, Beginning <strong>of</strong> Year $ 640,129 $ 627,643<br />

Add:<br />

Interest earnings 29,524 53,135<br />

Care Fund Contributions 22,612 12,486<br />

Less:<br />

Contribution to General Operating Fund (29,524) (53,135)<br />

Balance, End <strong>of</strong> Year $ 662,741 $ 640,129<br />

Note:<br />

As described in Note 1 <strong>of</strong> the Notes to the Consolidated Financial Statements, Trust Funds are<br />

not included in the <strong>District</strong> <strong>of</strong> <strong>Mission</strong>'s Consolidated Financial Statements.<br />

2008 Annual Report - <strong>District</strong> <strong>of</strong> <strong>Mission</strong><br />

65

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