HomeMy WebLinkAboutTR-39-98
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
File # ~ \0 . c..A .
Res. #GrA- ~'irfo-9<i5
Meeting:
Date:
May 25, 1998
Report #: File #:
Subject CASH ACTIVITY REPORT - FEBRUARY 1998
TR-39-98
By-law #
Recommendations:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report TR-39-98 be received;
2. THAT, in accordance with provision of Chapter M -45, Section 79 (1) of the
Municipal Act, R.S.O. 1990, the Treasurer reports the cash position of the
Municipality of Clarington for the month ended February 28, 1998, is as shown
on the attached schedule; and
3. THAT Part "A" of the expenditures for the month of February 1998, be
confirmed.
BACKGROUND AND COMMENT:
The attached schedules indicate the Corporation of the Municipality of Clarington I s cash
transactions, status of taxes receivable information, the cash investment position, development
charges information and statistical information for the month ended February 28, 1998 and the
comparative information for the month ended February 28, 1997.
submitted,
Reviewed by,
arie A. Marano, H.BSc.,A.M.C.T.,
Treasurer.
~
W.H. Stockwell,
Chief Administrative Officer.
MAM/KS/km
Attachments
804
CORPORATION OF THE MUNICIPALllY OF CLARINGTON
Analysis of Revenue and Expenditures
for the' Month of FEBRUARY 1998
REVENUE RECEIVED FOR GENERAL OPERATING
AND RESERVE FUND PUPOSES:
TAX PAYMENTS RECEIVED
UNCONDITIONAL GRANT
MUNICIPAL SUPPORT GRANT
GRANTS-IN-L1EU:
GOV'T OF CANADA GIL
MUNICIPAL TAX ASSISTANCE GIL
ONTARIO HYDRO GIL
CHEC HYDRO GIL
MEMORIAL HOSPITAL GIL
MINISTRY OF HOUSING GIL
LCBO GIL
REGION GIL
BELL TELEPHONE GIL
ONTARIO HYDRO PROCEEDS
COURTICE COMMUNllY CENTRE FUND RAISING
COIW INFRASTRUCTURE GRANT
NATURAL RESOURCES-PITS & QUARRIES
SALE OF LAND
SUBSIDIES:
MINISTRY OF TRANSPORTATlON *
HANDI- TRANSIT SUBSIDY
DEVELOPMENT CHARGES- TOWN
GENERAL
INTEREST
DEVELOPMENT CHARGES- REGION/PUC
USE OF FUNDS:
PAYROLL
REGION LEVY
SCHOOL BOARD LEVIES
GENERAL-INCLUDING CAPITAL EXP.
NET CASH PROVIDED (USED)
P ART "A"
13,924,928
254,641
292,131
59,839
153,697
14,685,236
711,991
2,753,426
o
2,375,661
5,841,078
8,844,158
BANK NET CASH BANK BANK
BALANCE PROVIDED BALANCE BALANCE
FINANCIAL POSITION: JAN 31/98 (USED) FEB28J98 FEB 28/97
GENERAL FUND 1,676,909 5,136,842 6,813,751 1 ,666,002
RESERVE FUND 4,048,733 32,182 4,080,915 3,215,056
MUNICIPAL POOLED INVESTMENTS 55,046 (384) 54,662 65,399
INVESTMENTS (GENERAL + RESERVE FUND) 31,877,415 (2,970,068 28,907,348 41,424,466
TOTALS 37658103 2198572 39856675 46 370 923
NOTE A: Difference in comparison between years due to timing difference in receipt of funds.
* NOTE B: No longer receive roads subsidy; replaced with Municipal Support Grant.
805
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PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF FEBRUARY, 1998
Payment Received - Taxes 4,919
Pre- authorized Payments 1,241
T ax Certificates 207
Number of Properties eligible for Tax
Registration (see Note 1) 51
Accounts Payable Cheques Issued
#21499 TO #22009 511
Number of Births Registered 25
Number of Deaths Reaistered 34
Note 1: Only includes those properties whose arrears are greater than $10,000.
807
INVESTMENTS OUTSTANDING
AS AT FEBRUARY 28, 1998
PART"D"
t-1NANGIAL INVI:::51 MI::N I IN I I::HI::ST # Ut-)~A Y:5 MATURITY MATURITY
INSTITUTION COST RATE OS VALUE DATE
TOTAL GENERAL FUND 0.00
RESERVE FUND RBC 34,731.25 7.20% 1,740 48,337.00 Aug 8/00
RBC 1,001,705.00 6.80% 1828 1,392,611.00 Mar 15/01
RBC 820,799.37 7.16% 1358 1,061,287.00 July 6/99
RBC 250,000.00 8.00% 184 350,000.00 Mar 1/00
RBC 56,000.00 8.875% 1095 70,910.00 May 1/98
RBC 61,000.00 9.00% 1460 82,960.00 May 1/99
RBC 999,999.48 7.70% 1718 1,417,032.00 Feb 6/00
RBC . 295,000.00 8.50% 3285 295,000.00 May 26/04
RBC 601,120.00 7.95% 1366 800,000.00 Feb 20/99
WOOD GUND' 344,316.13 7.90% 1135 436,064.00 July 13/98
RBC 2,063,810.92 7.95% 1688 2,937,391.00 Jan 13/00
RBC . 158,000.00 7.50% 1095 158,000.00 June 8/98
514,000.00 7.75% 1825 514,000.00 June 8/00
RBC 234,787.20 7.30% 837 296,000.00 Nov 1 4/98
RBC 862,564.39 7.43% 1316 1,117,022.00 Mareh 8/99
RBC 999,999.65 8.20% 1825 1 ,482,799.00 Aug 8/00
RBC 499,999.62 7.80% 1043 619,655.00 July 3/98
RBC . 475,000.00 8.58% 2761 475,000.00 Mar 17/03
RBC 999,999.76 6.20% 1,252 1,229,256.00 July 6/99
RBC 138,709.23 6.25% 1,637 182,057.00 Aug 1/00
RBC 99,999.64 7.10% 1,906 143,061.00 May 14/01
RBC 72,000.00 6.10% 730 80,640.00 June 18/98
RBC 40,397.70 7.20% 1578 54,562.00 Aug 8/00
RBC 1,999,999.91 5.90% 762 2,251,745.00 Sept 1/98
RBC 299,628.50 5.30% 1396 365,000.00 Sept 1/00
RBC 180,862.43 5.63% 1549 228,160.00 Feb 1/01
RBC 573,533.32 4.01% 724 619,969.00 Nov 1 4/98
RBC 933,400.00 5.20% 1827 1,202,670.00 Nov 12/02
RBC 1,444,311.68 3.80% 357 1,498,000.00 Mar 1 9/98
'WOOD GUND 2,599,580.15 4.00% 325 2,701,000.00 Apr. 2/98
RBC 58,479.40 5.95% 2032 80,639.00 Dee 15/02
RBC 25,125.57 5.95% 2025 34,613.00 Dee 1 5/02
WOOD GUND' 715,539.24 3.70% 356 741,000.00 June 2/98
RBC 427,625.00 5.50% 1628 542,878.00 Dee 1/01
RBC . 250,000.00 3.00% 180 250,000.00 June 21/04
RBC 1,109,499.87 4.75% 817 1,230,317.00 Mar 1/00
RBC 1,109,500.90 5.05% 1213 1,307,911.00 Apr1/01
WOOD GUND' 869,000.00 5.06% 271 938,520.00 Nov 1/98
HONG KONG 2,109,706.21 4.95% 91 2,135,742.30 May 11/98
RBC 2,577,616.00 4.15% 383 2,690,060.00 Sept 1/98
TOTAL RESERVE FUND 28.907:347,52
I TOTAL INVESTMENTS I
28907347.52
. Bond investment. Interest paid on a semi-annual/annual basis
808
· DN:CASHPTE
PART .p
..
FEBRUARY 1996
I II Total II Lot Levies II Development Charges I
Town I Region I C.H.E.C.
D.Owens 11=:""'(,\/"1 - - 1,643.00 -
L.19, C.8, Darlington
40M1826
B/P#98.0022
TOTALS 1 643.00 0.00 0.00 1.643.00 0.00
CONTRIBUTIONS - CASH-IN-L1EU OF PARKLAND
Patrick Bannister
L.30, C.2, Newcastle
LD244/97
1,500.00
Total Cash-in-Lieu of Parkland
1,500.00
CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES
Total Engineering and Inspection Fees Contributions
0.00
CONTRIBUTIONS - ROADS
Total Roads Contributions
0.00
809