HomeMy WebLinkAboutTR-40-98
-'
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting:
Date:
GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
File # -B () . CA .
Res. #CJpfj - ~%"7/q<zr
May 25, 1998
Report #: File #:
Subject CASH ACTIVITY REPORT - MARCH 1998
TR-40-98
By-law #
Recommendations:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report TR-40-98 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 March 31, 1998, is as shown
on the attached schedule; and
3. THAT Part "A" of the expenditures for the month of March 1998, be
confirmed.
BACKGROUND AND COMMENT:
The attached schedules indicate the Corporation of the Municipality of Clarington' s cash
transactions, status of taxes receivable information, the cash investment position, development
charges information and statistical information for the month ended March 31, 1998 and the
comparative information for the month ended March 31, 1997.
Reviewed by,
ie A. Marano, H.BSc.,A.M.C.T.,
Treasurer.
~-
W.H. Stockwell,
Chief Administrative Officer.
MAM/KS/km
Attachments
810
CORPORATION OF THE MUNICIPALllY OF CLARINGTON
Analysis'of Revenue and Expenditures
10r the Month of MARCH 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 TRANSPORTAllON *
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)
PART "A"
3,059,627
28,987
52,085
927,796
110,793
151,465
4,330,753
681,381
o
8,527,116
1,532,019
10,740,516
(6,409,763)
BANK NET CASH BANK BANK
BALANCE PROVIDED BALANCE BALANCE
FINANCIAL POSITION: FEB 28/98 (USED) MAR 31198 MAR 31/97
GENERAL FUND 6,813,751 48,361 6,862,112 2,100,119
RESERVE FUND 4,080,915 (1,966,960) 2,t13,954 3,316,547
MUNICIPAL POOLED INVESTMENTS 54,662 (29,967) 24,f>95 22,479
INVESTMENTS (GENERAL + RESERVE FUND) 28,907,348 5,588,639 34,495,987 34,522,016
TOTALS 39 856 675 3 640 073 43496748 39 961 161
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.
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812
PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF MARCH, 1998
Payment Received - Taxes 18,554
Pre-authorized Payments 1,231
T ax Certificates 151
Number of Properties eligible for Tax
Registration (see Note 1) 49
Accounts Payable Cheques Issued
#22010 TO #22480 471
Number of Births Registered 16
Number of Deaths Reaistered 25
Note 1: Only includes those properties whose arrears are greater than $10,000.
813
INVESTMENTS OUTSTANDING
AS AT MARCH 31,1998
PART "0"
[ [INSTITUTION INTEREST # O~/~AYS MATURITY ,.,r
COST RATE OS VALUE DATE
MTL 2,964,390.00 4.82% 91 3,000,000.00 June 12/98
TOTAL GENERAL FUND 2964390.00
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% 1480 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 14/98
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 14/98
RBC 933,400.00 5.20% 1827 1,202,670.00 Nov 12/02
RBC 1,568,561.00 4.75% 350 1,640,000,00 Mar 4/99
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 15/02
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
BNS 2,500,000.00 4,82% 90 2,529,712.33 June 11/98
TOTAL RESERVE FUND 31531596,84
TOTAL INVESTMENTS 34495986.84
* Bond investment. Interest paid on a semi-annual/annual basis
814
DN:CASHPTE
PART "E"
MARCH 1998
I II Total. II lot levies II Development Charges I
Town I Rej:lionl C.H.E.C.
V.& C. Rocha 6,774.00 - 5,131.00 1,643.00 -
L.15, C.9, Darlington
40R-17131
BIP#98.0028
1220582 Ontario Ltd. """'\I'\C>"A - 83,009.64 - -
(HalminenjLiza)
L.30, C.2, Darlington
40M 1902
Bjp#97.1174-1175,98.0045-0048,
BjP#98.0070 - 0080
Schickedanz Dev. ')') '" <lann" - 92,358.00 119,700.00 11,322.00
L.9, C.1, Bowmanville
40M 1903
BjP#97.1145-1160, 1165-1166
D.Thomas 1,643.00 - - 1,643.00 -
L.35, C.6, Darlington
LD86- 746
BIP#98.0041
Marianna Dev. --- -- - - 39,900.00 -
L.12, C.2, Bowmanville
40M1886
BIP#98. 0052 - 0057
1000690 Ontario Inc. 1?t:<I"n"n - - 126,350.00 -
L.30, C.2, Darlington
40M 1902
Bjp#97.1174-1177,98.0045-0048,
BIP#98.0070-0080
1070797 Ontario Inc. ""'"",, "" - - 53,200.00 -
L.33, C.2, Darlington
40M 1876
BIP#98.0063-0068,0097-0098
Simkins Homes 10 AOllO" - 4,882.92 14,616.00 -
L.30, C.2, Darlington
40M 1902
BjP#98.0049, 0093
Timberlane Dev. A i "A """ - 41,048.00 - -
L.33, C.2, Darlington
40M 1876
BjP#98.0063-0068,0097-0098
Devon Downs Dev. 'lAO''?'' M\ - 10,262.00 14,616.00 -
L.31, C.3, Darlington
40M 1880
BIP#98. 0037 - 0038
L.Tennant .00 - 5,131.00 1,643.00 -
L.8, C.3, Clarke
B/P#98.0050
NuBuild Construction Ltd. ')<1"""1'11'1 - 10,262.00 13,300.00 -
L.34, C.2, Darlington
40M 1798
BjP#98.0126-0127
TOTALS 650.0t7.56 0.00 252,084.56 386,611.00 11,322.00
815
DN:CASHPTE
PART "E"
MARCH 1998
CONTRIBUTIONS - CASH-IN-L1EU OF PARKLAND
G.McMiekin
LD178/97
3,800.00
Quarry Lakes Golf & Recreation
L.13 & 14, C.3, Darlington
DEV97-059
5,535.94
Total Cash-in-Lieu of Parkland
9,335.94
CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES
Total Engineering and Inspection Fees Contributions
0.00
CONTRIBUTIONS - ROADS
Clarington Place Ltd.
Hwy #2 - St. Lighting & Sidewalks contribution
6,378.00
Total Roads Contributions
6,378.00
816