HomeMy WebLinkAboutTR-66-93 THE CORPORATION OF THE MUNICIPALITY OF CLARINGTON
REPORT
Meeting: GENERAL PURPOSE AND ADMINISTRATION COMMITTEE File#
Date: July 19, 1993 Res. #
By-Law#
Report#: File##:
Subject: CASH ACTIVITY REPORT - APRIL, 1993
PART A
Recommendations:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That report TR-66-93 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 Town of Newcastle for the month
ended April 30, 1993, is as shown on the attached
schedule; and
3 . That Part A of the expenditures for the month of
April, 1993 be confirmed.
BACKGROUND & COMMENTS
The attached schedules indicate the Corporation of the Town of
Newcastle's cash transactions, the cash and investment position, lot
levy information and statistical information for the month ended April
30, 1993 and the comparative information for the month ended April 30,
1993 .
Respectfully submitted, Recommended for presentation
to the Committee
Mari isr'A. Marano H.BSc . ,A.M.C.T. Lawrence E. Ko ff
Treasurer Chief Administ al� ve Officer
MAM/tm
CORPORATION OF THE MUNICIPALITY OF CLARINGTON
CONTINUITY OF TAXES RECEIVABLE
for the month of March, 1993
1993 1992
Balance Receivable- Feb.29, 1993 $ 4,964,516 $ 4,309,903
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Additions: Penalties & Interest. . 87,999 73,875
Taxes Billed. . . . . . . . . . --- ---
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5,052,515 4,383,778
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Reductions:Payments and
Adjustments. . ... . . . . . . . 9261870 977,614
Balance Receivable-Mar.31, 1993 $ 4,215,645 $ 3,406, 164
STATISTICAL INFORMATION
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for the Month of March, 1993
Payment Received - Taxes 1,234
- Other 1,144
Tax Certificates Issued j
249
Dog Licenses Issued 49
Burial Permit Issued 41
Accounts Payable Cheques Issued
Cheque # 24231 to 24259
26955 27407
02598868 02599186
02608284 02608583
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Analysis of Revenue & Expenditures
for the Month of March, 1993
PART A
1993 1992
CASH ON HAND AT Feb.28,1993 $33,445,276 $29,961,208
Total Cash for General
Operating and Reserve
Fund Purposes:
Taxes. . . . . . . . . . . . . . . . . . . 926,870 959,559
Grants /Subsidies . . . . . . . . 631,309
Interest-Reserve Funds . . . . 95,565 35,616
-General Funds . . . . 44,491 85,888
* Other 860,340 2,276,215
Region of Durham. . . .. . . . . . --- 111,693
Total Cash Available. . . . . . . . . $35, 372,542
$34,061,488
USE of funds j
Expenditures
Debenture Charges. . . . . . . . . --- ---
Payroll. . . . . . . . . . . . . . . . . . . 448,771 459,354
General. . . . . . . . . . . . . . . . . . . 1,404,968 1,482,961
Interest. . . . . . . . . . . . . . . . . . --- ---
Levies - Region. . . . . . . . . . . --- ---
- Schools . . . . . . . . . . 7,221,215 6,633,597
TOTAL EXPENSES 9,074,954 8,575 ,912
CASH on Hand as At Mar.31, 1993 $26 ,297 ,588 $25,485,576
ANALYSIS as follows
Cash. . . . . . . . . . . . . . . . . . . . . . $ 6, 751,679 $ 4,979,232
Investments. . .. . . . . . . . . . . . 19,545,908 20,506,344
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$26 ,297 ,588 $25,485,576
*
Including Levies Attached
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CORPORATION OF THE MUNICIPALITY OF CLARINGTON
Investments Outstanding
As of March 31, 1993
INTEREST
INVESTMENT PLACED WITH AMOUNT RATE TERMS DUE DATE
GENERAL FUND
a) Scotia 2,600,000 5 . 10 50D Apr. 30th
RESERVE FUND
a) Scotia 989,930 6 .40 58D Apr. 1st
b) Scotia 1,979,580 5 . 38 70D May 17th
c) Montreal 2,969,250 5.40 70D May 17th
d) Toronto-Dominion 1,090,969 5. 30 57D May 7th
e) Royal 2,974,020 5 . 06 63D May 26th
f) Toronto-Dominion 2,974,320 5. 08 62D May 26th
g) Montreal 2,968,470 5 . 10 76D June 15th
h) C. I.B.C. 999,369 4 . 91 27D Apr. 27th
19,545,908
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MARCH 1993
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APRIL 1993
DEVELOPMENT CHARGES
Lot
Total Levies Town Region P.U.C.
S. McKnight 2,572.00 0.00 1,966.00 606.00
Pt.Lt. 13
Conc. 2, Darlington
40M-1668
B/P #93-0120
Kuzenko Homes 2,572.00 1,966.00 606.00
Pt.Lt. 13
Conc. 2, Darlington
40M-1668
B/P #93-0104
621182 Ontario Ltd. 320.00 286.00 34.00
Pt.Lt. 9
Conc. 2, Darlington
40M-1688
B/P #93-0089-0090
Armandale Homes 286.00 286.00
Pt.Lt. 28
Conc. 2, Darlington
40M-1675
B/P #93-0062-0063
Carnovale 2,572.00 1,966.00 606.00
Pt.Lt. 13
Conc. 2, Darlington
40M-1668
B/P #93-0128
Armandale Homes 572.00 572.00
Pt.Lt. 31,48,Pt.Lt.28
Conc. 2, Darlington
40M-1675
B/P 0165-167
B/P 93-0178
Eriam Development 2,590.00 2,590.00
Pt.Lt.10
Conc. 3. Darlington
40M-1714
B/P 93-78-93.0133
D. Rickard 7,308.00 7,308.00
Pt.Lt.28
Conc. 1, Clarke
B/P 92-0448
$18,792.00 $0.00 $7,042.00 $9,898.00 $1,852.00
CASH-IN-LIEU-OF -PARKLAND - APRIL 1993
Lunaro Construction LD 85/92 825.00 j
Don & Son Constuction LD 84.92 1,125.00
$1,950 .00
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