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Home My WebLink AboutTR-64-98 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON REPORT Meeting: Date: Report #: Subject: JULY 13, 1998 GENERAL PURPOSE AND ADMINISTRATION COMMITTEE File# r JO.CA . Res. # GDA- 4S-9/9'7 By-law # File#: TR -64-98 CASH ACTIVITY REPORT - MAY 1998 Recommendations: It is respectfully recommended that the General Purpose and Administration Committee recommend to Council the following: 1. THAT Report TR-64-98 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 May 31, 1998, is as shown on the attached schedule; and 3. THAT Part "A" of the expenditures for the month of May 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 May 31, 1998 and the comparative information for the month ended May 31, 1997. y submitted, Reviewed by, ~ W.H. Stockwell, Chief Administrative Officer. ari . Marano, H.BSc.,A.M.C.T., Treasurer. MAM/KS/hjl Attachments 817 CORPORATION OF THE MUNICIPALITY OF CLARINGTON Analysis of Revenue and Expenditures for the Month of MAY 1998 REVE"NUE RECEIVED FOR GE"NERAL OPERATI"NG A"ND RESERVE FU"ND PUPOSES: TAX PAYMENTS RECEIVED UNCONDITIONAL GRANT MUNICIPAL SUPPORT GRANT GRANTS-IN-LlEU: 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 COMMUNITY CENTRE FUND RAISING COIW INFRASTRUCTURE GRANT NATURAL RESOURCES-PITS & QUARRIES SALE OF LAND SUBSIDIES: MINISTRY OF TRANSPORTATION HAND I-TRANSIT SUBSIDY DEVELOPMENT CHARGES-TOWN GENERAL INTEREST DEVELOPMENT CHARGES-REGION/PUC USE OF FU"NDS: PAYROLL REGION LEVY SCHOOL BOARD LEVIES GENERAL-INCLUDING CAPITAL EXP. "NET CASH PROVIDED (USED) PART "A" MAY 1997 2/420/195 1/046/040 213/044 625/334 1/234/406 93/300 932/553 6/564/872 1/021/082 o o 2/466/663 3/487/745 3/077/127 BANK NET CASH BANK BALANCE PROVIDED BALANCE FI"NA"NCIAL POSITIO"N: APR 30/98 (USED) MAY 31/97 GENERAL FUND 7/810/092 (5/883/598) 905/442 RESERVE FUND 2/745/438 (412/012) 3/324/818 MUNICIPAL POOLED INVESTMENTS 26/089 123/536 23/421 INVESTMENTS (GENERAL + RESERVE FUND) 34/597/947 6/985/472 43/427/155 TOTALS 45 179566 813 398 47680836 NOTE A: Difference in comparison between years due to timing difference in receipt of funds. NOTE B: No longer receive the Municipal Support Grant and the Bell Telephone Grant-in-Lieu. 818 ~ o I- Q ~ C2 :S u u... o >- t: ...J <( 0.. o ~ :J~ L.QCO L.Ll~0. :r:: .w 0. I- a:l u... ~ ~ 0"'..... ~~,L. O~'O -.....-5 ';t: 0 c: 02 ~ 0 o.S E 0.. c: <Ii ~.g -5 00'" uu.E PART "B" '<>- -'<> coo oq-CO oq- "'C'ol cooq- M M -0 - >-'" ,<>oq- oco coo coo '" Lt")'" a::;" 0' 0.' co' 0' 0' C'ol' Ii'l' ~ ~ ~~ ,<>Ii'l - - "''<> 0'" '<> co "'C'ol - - 0, C'ol oq- ~ ~ C'ol' C'ol' , co' - - ~~ I-~ ~ ~. L.Ll1- ~:g <(0- 0..<( ....... ~Cl L.LlL.Ll ><...J <(= I-CQ I- ~Cl L.LlL.Ll ~Cl L.LlCl ~<( L.Ll ...J CQ gco<( o..g:~ <(-tj L.Ll ~ co co CIO M Oli'l oq-' ,<>' "'- 0.- - L.Ll U ~ :S <( CQ 0.'" M _ '<>C'ol 0.' ,<>' Ii'l Ii'l oq- M' 0.'" M'" '<>'<> 0.' oq-' Ii'l - oq- M' I- ~ L.Ll ~ L.Ll I- ~ ~ Cl ~ ~ >- ~ I- I- ~~...J L.LlL.Ll<( ~~~ :JI-o.. U -- M - C'ol- "'0. oq-' oq-' o.M -- - Oli'l MC'ol ,<>' 0' M'<> CIOC'ol C'ol' oq- Ii'l , - oq- -0. OClO Moq- ,<>' oq-' MC'ol CIOC'ol C'ol' I- ~ L.Ll CIl:: L.Ll I- ~ Cl ~ <( ~~~ >-L.Ll<( ",><~ 0. 1-<( L.Ll 0. 0.. -- C'olM MO CIO'" O'M' ~::.. - M o.M CIOoq- ='M'" M Ii'l - - , - C'ol '<> '" Ii'l' M -0 o.C'ol CIOO <<J.... 0..... M M - - , - I- ~ L.Ll CIl:: L.Ll I- ~ Cl ~ <( CIl:: ~ ~~...J >-L.Ll<( '<>><~ 0. 1-<( L.Ll 0. 0.. ~;:- oq-O -0. ,<>' co' :!.::.. Ii'l Ii'l 0.0 co - 0' co' 0.1i'l CIOC'ol M - oq- oq-' Ii'lClO o.C'ol CIO'" 0' ,<>' o.oq- CIOC'ol !;; L.Ll ~ L.Ll I- ~ Cl ~ <( >- I- ~ ...J CIl::~~ Q~~ ~ 0.. ~ oq- co 0.' Ii'l M , - - C'ol M '" M' Ii'l o 0.' o co '" M , - M 0. o M' o 0. M '<> 0' Ii'l 0. co' ...J ~ o I- v;- Cl ~ ~ CQ ...J o o :r:: u ~ Cl ~ <( ~ o Q L.Ll ~ Q ~ Cl :J ...J U ~ Q ~ Cl ~ ~ ~ I- :J o ~ L.Ll ~ I- ~ L.Ll ~ ~ :J U u... o I- ~ L.Ll U ~ L.Ll 0.. Cl L.Ll ~ ...J ~ L.Ll >< ~ ...J ~ o I- ~ <Ii ~~ c: '" .V; 0 '" c. Q) Q) u"C ~ gf ... .- ~] :e;~ b.Q~ c: :J .E 0 .p B B ~ <Ii"C :J Q) "C "C U <Ii <( c: c: ~ .E ~~~ o..:e;tJ B ."C .5 :! t; <Ii '" >- .p.~ '0 '0 .Q c: c:.c:.... o ~ ~ "CU"C ~ '" ci5 ~ g co E '" 0. >. .- 0. ~ <( = >< ~ ~ ~o:u: , ~'" '<> 0. oq- ~' 9 ~ .~ , '" "C c: ..2 ~ '" <Ii "C :J U c: ~ ~ ~ C'ol L.Ll L.Ll I- I- o 0 ~ ~ 819 PART "C" STATISTICAL INFORMATION FOR THE MONTH OF MAY 1998 Payment Received - Taxes 1 , 501 Pre-authorized Payments 1,204 Tax Certificates 264 Number of Properties eligible for Tax Registration (see Note 1) 44 Accounts Payable Cheques Issued #23072 to #23510 439 Number of Births Registered 24 Number of Deaths Registered 23 Note 1: Only includes those properties whose arrears are greater than $ 10,000. 820 INVESTMENTS OUTSTANDING AS AT MAY 31,1998 PART "0" J~CIAL INVESTMENT INTEREST # OF DAYS MATURITY MATURITY TION COST RATE O/S VALUE DATE GENERAL FUND MTL 2,964,390.00 4.82% 91 3,000,000.00 June 12/98 TO 2,978,400.00 4.90% 54 3,000,000.00 June 30/98 TO 2,963,370.00 4.96% 91 3,000,000.00 Aug 6/98 TOTAL GENERAL FUND 8906 J60100 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 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 GUNDY 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 1,1 1 7,022.00 March 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 1 2/02 RBC 1,568,561.00 4.75% 350 1,640,000.00 Mar 4/99 WOOD GUNDY 500 000.00 5.22% 365 526 100.00 Apr 16/99 I I 821 INVESTMENTS OUTSTANDING PART "D" AS AT MAY 31/1998 I FINANCIAL INVESTMENT INTEREST # OF DAYS MATURITY MATURITY INSTITUTION COST RATE O/S VALUE DATE RESERVE FUND RBC 58/479.40 5.95% 2032 80/639.00 Dee 1 5/02 RBC 25/125.57 5.95% 2025 34/613.00 Dee 1 5/02 WOOD GUNDY 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 Apr 1/01 WOOD GUNDY 869/000.00 5.06% 271 938/520.00 Nov 1/98 HONG KONG 2/135/742.30 5.07% 90 2/162/738.67 Aug 10/98 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 WOOD GUNDY 402/102.80 4.82% 608 434/678.00 Dee 1/99 WOOD GUNDY 171/793.70 4.82% 608 185/691.00 Dee 1/99 WOOD GUNDY 1/627/643.46 4.72% 333 1/696/876.00 Mar 1/99 MTL 1/073/666.00 5.03% 178 1/100/000.00 Nov 19/98 TOTAL RESERVE FUND TOTAL INVESTMENTS * Bond investment. Interest paid on a semi-annual/annual basis 822 DN:CASHPTE PART "E" May-98 I I Development Charges Total Lot Levies Town Region C.H.E.C. Eiram Dev. 51,156.00 - - 51,156.00 - L.10, C.3, Bowmanville 40M1776 B/P#98.0195-0201 Carnovale Homes 24,878.00 - 10,262.00 14,616.00 - L.34, C.2, Darlington 40M1847 B/P#98.0277,0311 Veenstra Construction 7,403.00 - 5,131.00 1,643.00 629.00 L.11, BFC., Bowmanvi lie B/P#98.0106 Devon Downs Dev. 49,756.00 - 20,524.00 29,232.00 - L.31, C.3, Darlington 40M1880 B/P#98.0242-0245 Andelwood Homes 12,439.00 - 5,131.00 7,308.00 - L.32, C.3, Darlington 40M1893 B/P#98.0319 B.Lachanse 6,774.00 - 5,131.00 1,643.00 - L.24, C.2, Darlington B/P#98.0227 Kimmar Home Improvements 6,774.00 - 5,131.00 1,643.00 - (H.& K. Pannekoek) LD246/97 B/P#98.0322 Kaitlin Group 48,538.72 - 19,306.72 29,232.00 - L.17, C.1, Darlington 40M1904 B/P#98.0317,0338, 0349-0350 Kaitlin Group 32,186.00 - 10,262.00 21,924.00 - L.16, C.1, Darlington 40M1881 i B/P#98.0314-0316 Ridge Pine Park 615.00 - 615.00 - - Lot 150, BFC, Darlington B/P#98.0389 . 823 DN:CASHPTE PART "E" May-98 ~ I II Total/ Development Charges Lot Levies Town Region C.H.E.C. Royal Homes 6,774.00 - 5,131.00 1,643.00 - (G. & E. Frick) L.3, C.9, Darlington B/P#98.0279 Halminen Homes 12,190.92 - 4,882.92 7,308.00 - L.30, C.2, Darlington 40M1902 B/P#98.0313 F. & E. Longo 12,439.00 - 5,131.00 7,308.00 - L.31, C.2, Darlington B/P#98.0335 Baywood Homes 205,013.60 - 78,021.60 116,928.00 10,064.00 L.12, C.2, Bowmanville 40M1852 B/P#98.0256-268, 0270-272 Kaitlin Group 43,848.00 - - 43,848.00 - L.17, C.1, Darlington 40M1907 B/P#98.0333, 0336-0337, 0339, B/P#98.034 7 -0348 TOTALS 520,785.24 0.00 174,660.24 335,432.00 10,693.00 824 DN:CASHPTE PART "E" May-98 CONTRIBUTIONS - CASH-iN-LIEU OF PARKLAND J. Mercz L.29, C.3, Clarke DEV90-096 1,400.00 Halminen Homes L.33, C.2, Darlington LD17 -19/98 3,000.00 Total Cash-in-Lieu of Parkland 4,400.00 CONTRIBUTIONS - ENGINEERING AND INSPECTION FEES 0.00 Total Engineering and Inspection Fees Contributions 0.00 CONTRIBUTIONS - ROADS Canadian Tire Real Estate Ltd DEV98.016 L.15 & 16, C.1, Darlington 150,000.00 Halminen Homes L.33, C.2, Darlington LD17-19/98 381.00 Total Roads Contributions 150,381.00 p)r;