HomeMy WebLinkAboutTR-65-94 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
SPORT
Meeting: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE File#
Bate: July 18, 1994 Res. #
Report#: File #: By-Law#
Subject: CASH ACTIVITY REPORT - FEBRUARY, 1994
Recommendations:
It is respectfully recommended that the General Purpose and Administration Committee
recommend to Council the following:
1. THAT Report TR-65-94 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 to Committee that the cash
position of the Municipality of Clarington for the month ended February 28, 1994,
is as shown on the attached schedule; and
3. THAT Part "A" of the expenditures for the month of February, 1994, be
confirmed.
BACKGROUND AND COMMENT:
The attached schedules indicate the Corporation of the Municipality of Clarington's cash
transactions, the cash investment position, lot levy information and statistical information
for the month ended February 28, 1994 and the comparative information for the month ended
February 28, 1993.
Respectfully submitted, Reviewed by,
arie A. Marano, H.BSc.,A.M.C.T., W.H. Stockwell,
Treasurer. Chief Administrative Officer. j
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Attachments
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PAP E�RO RECYCLE
THIS 6 PRINTED ON RECYCLED PAPER
PART "A"
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue and Expenditures
for the Month of February 1994
CASH BASIS
1994 1993
REVENUE RECEIVED FOR GENERAL OPERATING
AND RESERVE FUND PUPOSES:
TAX PAYMENTS RECEIVED 9,627,618 12,864,225
UNCONDITIONAL GRANT
GRANTS-IN-LIEU:
ONTARIO HYDRO GRANT-IN-LIEU
STREETSMART LOAN PROCEEDS
ONTARIO HYDRO PROCEEDS 100,000
SUBSIDIES:
HANDI-TRANSIT SUBSIDY
MINISTRY OF TRANSPORTATION
LOT LEVIES
DEVELOPMENT CHARGES-TOWN 18,221
REGION DEBENTURE RECOVERABLE
GENERAL 513,091 469,673
INTEREST 107,115 74,575
DEVELOPMENT CHARGES-REGION/PUC 29,498
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10,395,543 13,408,473
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USE OF FUNDS:
PAYROLL 665,610 481,482
DEBENTURE CHARGES
REGION LEVY 2,269,676
SCHOOL BOARD LEVIES
GENERAL-INCLUDING CAPITAL EXP. 2,050,200 1,545,996
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2,715,811 4,297,154
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NET CASH PROVIDED (USED) 7,679,732 9,111,319
BANK NET CASH BANK BANK
BALANCE PROVIDED BALANCE BALANCE
FINANCIAL POSITION: JAN 31/1994 (USED) FEB 28/1994 FEB 28/1993
GENERAL FUND 2,683 766 1,920,914 4 604 680
i . , 6,190,373
RESERVE FUND 444,360 (313,830) 130,530 43,078
INVESTMENTS (GENERAL + RESERVE FUND) 26,924,937 6,072,647 32,997,584 19,114,682
30,053,063 7,679,732 37,732,795 25,348,133
NOTE: Prior years figures have been restated for comparative purposes.
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PART "C"
STATISTICAL INFORMATION
FOR THE MONTH OF FEBRUARY, 1994
Payment Received - Taxes 18,360
Tax Certificates 344
Burial Permits Issued 48
Accounts Payable Cheques Issued
Manuals # 31716 to 31743 28
Computer # 32610 to 33047 438
PART "D"
INVESTMENTS OUTSTANDING
AS AT FEBRUARY 28, 1994
AMOUNT INTEREST TERMS DUE DATE
RATE
GENERAL FUND:
a) BNS 3,000,000 3.67 35D March 28/94
b) TD 2,491,200 3 . 68 35D March 31/94
c) CIBC 1,999,406 3 .65 28D March 28/94
RESERVE FUND:
a) BNS 990,730 4 .02 85D March 2/94
b) TD 1, 187,712 4 . 06 93D March 10/94
c) TD 1,781,568 4 . 06 93D March 10/94
d) Montreal 2,972,400 3.85 88D April 4/94
e) Royal 1,989, 140 3 . 76 53D March 15/94
f) Royal 1,982,240 3 . 76 87D April 18/94
g) Montreal 2,981,550 3.70 61D March 28/94
h) Montreal 1,981,960 3 . 69 90D May 2/94
i) CIBC 2,999,848 3 . 67 90D May 2/94
j ) Royal 1,981,800 3 . 81 88D May 17/94
k) BNS 1,685,091 3 . 89 83D May 16/94
1) BNS 2,972,940 3 . 91 85D May 24/94
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32,997,585
PART "E"
FEBRUARY 1994
1 Development Charges
Total Lot Levies Town Region C.H.E.C.
Fridel Ltd. 20,739.80 --- 7,439.80 13,300.00 ---
L.31, C.2
Darlington
40M1744
B/P#93.976 & 977
Kiddicorp Invest. 25,708.00 --- 9,880.00 14,616.00 1,212.00
L.14, C.1
Bowmanville
B/P#93.910 & 911
Ridge Pine Park 615.00 --- 615.00 --- ---
290572 Ont. Ltd. 370.00 --- --- 370.00 ---
L.35, C.2
Darlington
40M1742
Armandale Homes 286.00 --- 286.00 --- ---
L.28, C.2
Darlington
40M1675
TOTALS 472718.80 --- 18,220.80 28,286.00 1,212.00
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