HomeMy WebLinkAboutTR-67-93 1Z
THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting: File# LLICL_13 • -�
GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
Date: Res. #
July 19, 1993 By-Law#
Report#: File#:
TR-67-93
Subject:
CASH ACTIVITY REPORT - MAY, 1993
PART A
Recommendations:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-67-93 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 May 31, 1993, is as shown on the attached
schedule; and
3 . That Part A of the expenditures for the month of
May, 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 May
31, 1993 and the comparative information for the month ended May 31,
1992 .
Respectfully submitted, Recommended for presentation
to the Committee
Mla� A. Marano H.BSc. ,A.M.C.T. Lawrence E. Kotoeff
Treasurer Chief Administrative Officer
MAM/tm
nib 111 GY NIMIE11
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue & Expenditures
for the Month of May, 1993
PART A
1993 1992
CASH ON HAND AT May 31, 1993 $31,591,930 $30,414,016
Total Cash for General
Operating and Reserve
Fund Purposes:
Taxes . . . . . . . . . . . . . . . . 731,766 1,439,572
Grants / Subsidies . . . . . . . . 871,723 34,976 ** '
Interest-Reserve Funds. . . . 112,829 143,821
-General Funds . . . . 5,200 35,976
* Other . . . . . . . . . . . . . . . . . . . . 485,554 958,642
Region ofDurham. . . . . . . . . . - 443,984
Total Cash Available. . . . . . . . . $33,799,002 $33,470,987
USE of funds
Expenditures
Debenture Charges. . . . . . . . . 50,586 ---
Payroll. . . . . . . . . . . . . . . . . . . 469,508 478, 156
General. . . . . . . . . . . . . . . . . . . 1,603,225 1,808,743
Interest. . . . . . . . . . . . . . . . . . --- ---
Levies - Region. . . . . . . . . . . --- ---
Schools. . . . . . . . . . --- ---
TOTAL EXPENSES $2, 123,319 $2 ,286 ,899
CASH on Hand as At May 31, 1993 $31,675,683 $31, 184,088
ANALYSIS as follows
Cash. . . . . . . . . . . . . . . . . . . . . .
$ 5,386,485 $ 4, 644,866
Investments . . . . . . . . . . . . . . . 26 ,289, 198 26,539 ,222
$31,675,683 $31, 184,088
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* Including Levies Attached
** NOTE: Ministry of Transportation Grant and Unconditional
General Support Grant direct deposits to bank,
therefore not reflected in 1992 Grant Figure
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
CONTINUITY OF TAXES RECEIVABLE
for the month of May, 1993
1993 1992
Balance Receivable- May 31, 1993 $ 7,967,501 $ 6,691,546
Additions: Penalties & Interest. . 89,460 69,891
Taxes Billed. . . . . . . . . .
8,056,961 6,761,437
Reductions:Payments and
Adjustments. . . . . . . . . . . 731,766 1,471,039
Balance Receivable- May 31, 1993 $ 7,325, 195 $ 5,290,398
STATISTICAL INFORMATION
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for the Month of May, 1993
Payment Received - Taxes 942
- Other 785
Tax Certificates Issued 506
Dog Licenses Issued 28
Burial Permit Issued 30
Accounts Payable Cheques Issued
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Cheque # 24287 to 24315
27842 28214
02637017 02637312
02646946 02647244
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Investments Outstanding
As of May 31, 1993
INTEREST
INVESTMENT PLACED WITH AMOUNT RATE TERMS DUE DATE
GENERAL FUND
a) Montreal 990,730 4.95 69D June 24th
b) Royal 1,983,420 5.26 58D June 25th
c) Royal 1,486,620 4 . 83 68D June 30th
d) T.D. 2,972,550 5 . 35 63D June 30th
e) BNS 1,000,000 4 . 9 57D June 30th
RESERVE FUND
a) Montreal 2,968,470 5 . 1 76D June 15th
b) Montreal 990,770 5.4 63D June 30th
c) TD 987,790 5 .0 89D July 21st
d) BNS 790,208 5 .2 87D July 30th
e) BNS 11200,000 5 . 1 90D August 5th
f) BNS 2,989,440 4 . 6 28D June 14th
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g) Montreal 1,982,540 4 . 87 66D July 22nd
h) Royal 2,973,690 4 . 75 68D August 3rd
i) TD 2 ,972,970 4 . 74 70D August 5th
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26 ,289 , 198
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May, 1993
DEVELOPMENT CHARGES
Lot
Total Levies Town Region P.U.C.
B. Welsh 7,308.00 0.00 7,308.00
Lot 35
Pt.Conc. 2, Darlington
B/P 93-224
Melody Homes 1,110.00 1,110.00
Lots 30, 52, 53
Conc. 3, Bowmanville
40M-1714
8,418.00 0.00 0.00 8,418.00 0.00
CASH-IN-LIEU-OF -PARKLAND - May 1993
G. Dallas LD 25/93 1,801.65
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