HomeMy WebLinkAboutTR-78-93 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting: File# El��)
GENERAL PURPOSE AND ADMINISTRATION COMMITTEE Res. #
Date:
September 20, 1993 By-Law#
Report#: File#:
TR-78-93
Subject:
CASH ACTIVITY REPORT - JUNE, 1993
PART A
Recommendations:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-78-93 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 June 30, 1993, is as shown on the attached
schedule; and
3 . That Part A of the expenditures for the month of
June, 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 June
30, 1993 and the comparative information for the month ended June 30,
1992 .
Respectfully submitted,
Marie A. Marano H.BSc. ,A.M.C.T.
Treasurer
MAM/JC/pp
ij 6
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue & Expenditures
for the Month of June, 1993
PART A
1993 1992
CASH ON HAND AT May 31, 1993 $31,675,683 $31, 184,088
Total Cash for General
Operating and Reserve
Fund Purposes:
Taxes . . . . . . . . . . . . . 15,260,628 14,176, 182
Grants / Subsidies . . . . . . . 15,831 83,451
Interest-Reserve Funds . . . . 55,717 17,472
-General Funds . . . . 81,679 93,556
* Other . . . . . . . . . . . . . . . . . 689,556 538, 148
Region of Durham. . . . . . . . . . - -
Total Cash Available. . . . . . . . . $47,779,094 $46,092,897
USE of funds
Expenditures
Debenture Charges . . . . . . . . . 4,516 ---
Payroll. . . . . . . . . . . . . . . . . . . 508, 156 499,583
General. . . . . . . . . . . . . . . . . . . 1,202, 198 1,034,299
Interest. . . . . . . . . . . . . . . . . . --- ---
Levies - Region. . . . . . . . . . . --- ---
Schools . . . . . . . . . . 8,512 ,872 7 ,808,832
TOTAL EXPENSES $10,277 ,742 $ 9 ,342,714
CASH on Hand as At June 30, 1993 $37 ,551,352 $36 ,750, 183
ANALYSIS as follows
Cash. . . . . . . . . . . . . . . . . . . . . . $22,661, 194 $ 5,736,993
Investments . . . . . . . . . . . . . . . 14 ,890, 158* 41,013, 190
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$37,551,352 $36 ,750,183
* Including Levies Attached
** NOTE: $15,507,652 in investments matured at the end of June
and were reinvested at the beginning of July.
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
CONTINUITY OF TAXES RECEIVABLE
for the month of June, 1993
1993 1992
Balance Receivable- May 31, 1993 $ 71325,195 $ 5,290,398
Additions: Penalties & Interest. . 89,459 75,177
Taxes Billed. . . . . . . . . . 14,756,128 13,805,804
22, 170,782 19, 171,379
Reductions:Payments and
Adjustments . . . . . . . . . . . 15,260,628 14,924,912
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Balance Receivable- June 30, 1993 $ 6,910, 154 $ 4,246,467
STATISTICAL INFORMATION
for the Month of June, 1993
Payment Received - Taxes 19 ,594 j
- Other 960
Tax Certificates Issued 321
Dog Licenses Issued 36
Burial Permit Issued 30
Accounts Payable Cheques Issued
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Cheque # 24316 to 24339
28215 28556
02656662 02656972
02667691 02668002
02678086 02678394
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Investments Outstanding
As of June 30, 1993
INTEREST
INVESTMENT PLACED WITH AMOUNT RATE TERMS DUE DATE
RESERVE FUND
a) TD 987,790 5 .07 89D July 21st
b) BNS 790,208 5 .2 87D July 30th
c) BNS 1,200,000 5 . 1 90D August 5th
d) Montreal 1,982,540 4 . 87 66D July 22nd
e) Royal 2,973,690 4 . 75 68D August 3rd
f) TD 2,972,790 4 . 74 70D August 5th
g) Montreal 1,991,600 4 .53 34D July 21st
h) BNS 1,991,360 4 .52 35D July 22nd
14 ,890, 158
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�me \J93,
DEVELOPMENT CHARGES
Lot ---------------------
Total Levies Town Rogion P.U.C.
Armanda\p Homes 1106.55 893.55 143.00
Lt. 28, Conc. 2
Courtice
B/P 93.284/290/247
S. Sekx\ 6`583.06 2/974.00 1/9G6.00 1/643.00
Lt. 25/ Conc. 4
' Darlington
B/P 93,1110
S. Sikma 6,583.00 2,974.00 i/qGG.VV 1/643.00'
U. 27/ Con c. 6
clske
0P 93.248 '
671461 Ont. Ltd. 2/572.00 1,96G.00 606.00
Lt, 13, Uric. 2
Bowma viUp
40N1Q@
621182 Ont. Ltd. 160.00 143.00 17.00
Lt. 9, Con[. 2
BowmanviUe
40MiQ0
,
[iram Developments 740,00 740.00
Lt. 0/ Conc. 3
8owmanviDp
B/P U.240/265
__________________________________________
17,674.55 6/841.55 6/04.00 4/026.00 61.13.00
CASH-IN-LIEU OF PARKLAND -June 1993
Ontario Hydro LightinU-0SC 1.250,00
P. Brooks LU 91/92/94/293 3,835.00
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51085.00
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