HomeMy WebLinkAboutTR-79-93 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
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REPORT
Meeting: #
GENERAL PURPOSE AND ADMINISTRATION COMMITTEE File
Date: Res, #
September 20, 1993 By-Law#
Report#: File#:
TR-79-93
Subject:
CASH ACTIVITY REPORT - JULY, 1993
PART A
Recommendations:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-79-93 be received; and
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 July 31, 1993, is as shown on the attached
schedule; and
3. That Part A of the expenditures for the month of
July, 1993 be confirmed.
BACKGROUND & COMMENTS
The attached schedules indicate the Corporation of the Municipality of
Clarington's cash transactions, the cash and investment position, lot
levy information and statistical information for the month ended July
31, 1993 and the comparative information for the month ended July 31,
1992 .
Respectfully submitted,
Marie A Marano H.BSc. ,A.M.C.T.
Treasurer
MAM/JC/pp
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue & Expenditures
for the Month of July, 1993
PART A
1993 1992
CASH ON HAND AT June 30, 1993 $37,551,352 $36,750, 183
Total Cash for General
Operating and Reserve
Fund Purposes:
Taxes . . . . . . . . . . . . . . . . . 1, 149,491 1,095,288
Grants Subsidies. . . . . . . . 751,000
Interest-Reserve Funds . . . . 60,577 88,615
-General Funds . . . . 15,593 32,876
Other . . . . . . . . . . . . . . . . . . . . 857,363 706,788 j
Region of Durham. . . . . . . . . . - 333,095
Total Cash Available. . . . . . . . . $40,385,376 $39,006,845
USE of funds
Expenditures
Debenture Charges. . . . . . . . . - _
Payroll. . . . . . . . . . . . . . . . . . . 241,360* 798,769
General. . . . . . . . . . . . . . . . . . . 1,492,244 1,917,980
Interest. . . . - _
Levies - Region. . . . . . . . . . .
- Schools . . . . . . . . . . _
TOTAL EXPENSES $ 1,733,604 $ 2 ,716 ,749
CASH on Hand as At July 31, 1993 $38,651,772 $36,290,096
ANALYSIS as follows
Cash. . . . . . . . . . . . . . . . . . . . . . $ 8,616,249 $ 3,024,877
Investments. . . . . . . . . . . . . . . 30 , 035 ,523 33,265,219
38,651,772 $36 ,290,096
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* NOTE: Due to payroll dates, 3 payrolls occured in July 1992;
2 payrolls in July 1993 .
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
CONTINUITY OF TAXES RECEIVABLE
for the month of July, 1993
1993 1992
Balance Receivable- June 30,1993 $ 6,910, 154 $ 4, 146,467
Additions: Penalties & Interest. . 103, 170 91,937
Taxes Billed. . . . . . . . . .
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7,013,324 4,238,404
Reductions:Payments and
Adjustments . . . . . . . . . . . 1, 149,491 1, 104,679
Balance Receivable- July 31, 1993 $ 5,863,833 $ 3, 133,725
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STATISTICAL INFORMATION
for the Month of July, 1993
Payment Received - Taxes 2,359
- Other 1, 133
Tax Certificates Issued 353
Dog Licenses Issued 13
Burial Permit Issued 21
Accounts Payable Cheques Issued
Cheque # 24340 to 24372 j
28557 28944
02691691 02692029
02703197 02703553
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Investments Outstanding
As of July 31, 1993
INTEREST
INVESTMENT PLACED WITH AMOUNT RATE TERMS DUE DATE
GENERAL FUND:
a) BNS 3,000,000 4. 35 53D Aug. 31st
b) Royal 2,970,930 4 .41 81D Sept. 28th
c) Royal 2,970,930 4 .40 81D Sept. 28th
d) Montreal 2,970,270 4 .40 83D Sept. 30th
e) Montreal 996,460 4 . 18 31D August 19th
RESERVE FUND
a) BNS 1,200,000 5 . 1 90D Aug. 5th
b) Royal 2,973,690 4. 75 68D Aug. 3rd
c) TD 2,972,970 4 . 74 70D Aug. 5th
d) CIBC 2,999,618 4. 33 32D Aug. 9th
e) BNS 3,000,000 4 . 03 31D Aug. 23rd
f) CIBC 1,999,795 3.98 33D Aug. 25th
g) Montreal 1,980,860 4 .20 84D Oct. 18th
30,035,523
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July 19933
DEVELOPMENT CHARGES
Lot ------------------------------------
Total Levies Tom: Region P.U.C.
S. Cureatz 4,940.00 2,974.V0 1,966.00
Lt. 9, Conc. l
Clarke
B/P 93.371
Andlewuod Homes 1171,188.00 5/g40.0V 31932JN. 7/000 0.0V
Pt. \t. 31/ con c. 2
DaxlinOton
009072
I. Link 6/50.00 L19174.00 1/s,66.00 1,b-43.00
U. 30' �mc. 9
Clske
0P 93.276 -
Soobnn Homes 10,741.00 2/974.00 1/966.00 5,195.00 606.00
Lt, 4` Conc. 5
Orono
8/P 93.390
[iram Developments 286/176.00 151/E74.00 100,26G.00 3133*.00 30/906.00
Lot N, Conc. 3
Dowmanville
40M\723 D14
J. Mauzotta 6,50.00 2,974.00 1,96G.00 1/643.00
Lt. 25` Con c. 4
Darlington
8/P 93.392
909423 Grit. 'Ltd. 10.00 143.00
Lt. 28, Con c. 2
Coo tice
0P93,336
621182 Ont, Ltd. 160.00 143.00 17.00
. Lt. Y, Con c. 2
800ma viDe
8/P 913.07
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332/514.0V \69/518.0V 112/348.00 \9/119.0V 31/529.0V
CASH-IN-LIEU OF PARKLAND -July 1998
Aodlewood Homes 1DT89072 0,6V0.00
290572 Ont. Ltd. 0T89115 \31 �50.00
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24/550.VV
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