HomeMy WebLinkAboutTR-25-84 4
CORPORATION CAF THE TOWN OF NEWCASTLE
TREASURY DEPARTMENT K. CAMPBELL, C.A., TREASURER
40 TEMPERANCE STREET TEL.(416) 623-3379
BOWMANVILLE, ONTARIO
L1C 3A6
REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE
MEETING OF APRIL 16, 1984
REPORT NO. : TR-25-84
SUBJECT: ACTIVITY REPORT - MARCH 1984
RECOMMENDATION:
It is respectfully recommended that the General Purpose and
Administration Committee recommend to Council the following:
1. That in accordance with provision of Chapter
302, Section 81(1) of the Municipal Act, R.S.O.
1980,
The Treasurer reports to Committee that the cash
position of the Town of Newcastle for the month
ended March 31 , 1984 is as shown on the attached
schedule; and
2. That the expenditures for the month of March
1984 be approved.
J1 . 3�a)
- 2 -
BACKGROUND AND COMMENTS:
The attached schedules indicate the Corporation of the Town of
Newcastle' s cash transactions, the cash and investment
position, and statistical information for the month ended
March 1984.
Respectfully submitted ,
LP
Kathry A. Campbell , C.A., B.Comm. ,
Treasurer.
KAC:RCB:gf
R83-CF-2
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CORPORATION OF THE TOWN OF NEWCASTLE
Analysis of Cash Position
for the Month of March 1984
CASH on Hand at February 29, 1984 $4,309,947
Source of Funds
Total Capital
For General Operating Purposes
Taxes 1,130,016
Grants _
Interest - Reserves 2,637
General 3,414
Other 310,558
Total Cash Available
$5,756,572
Use of Funds
General Expenditures
Debt Charges _
Payroll 181,028
General Fund 673,267
Interest _
Levies - Region _
- Schools $2,261,861
Cash on Hand as at March 31, 1984 $2,640,416
ANAYSIS AS FOLLOWS:
Cash $1 ,140,416
Investments 1,500,000
$2 ,640,416
CASH POSITION FOR THE SAME PERIOD FOR THE PRIOR YEAR $2,206,314
CORPORATION OF THE TOWN OF NEWCASTLE
CONTINUITY OF TAXES RECEIVABLE
for the Month of MARCH 1984
Balance Receivable - February 29, 1984 $2,513,067
Additions: Penalties & Interest 23,894
Taxes Billed -
2,536,961
Reductions: Payments Received 1,130,016
Balance Receivable - MARCH 31, 1984 $1 ,406,945
STATISTICAL INFORMATION
for the Month of MARCH 1984
Payment Received - Taxes 3,452
- Other
Tax Certificates Issued 102
Dog Licenses Issued 375
Burial Permit Issued 22
Accounts Payable Cheques Issued 873
Cheque # 5,980,413 to 5,980,622
6,15 ,565 6,155,839
27,77 27633
43,751 43,765