HomeMy WebLinkAboutTR-26-84 Q
CORPORATION OF 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-26-84
SUBJECT: TAXES - QUARTERLY REPORT - MARCH 31, 1984
RECOMMENDATION:
It is respectfully recommended that the General Purpose and
Administration Committe recommend to Council that this report
be received for information.
BACKGROUND AND COMMENTS:
The attached schedule indicates the progress of tax collections
as at March 31, 1984, together with comparative figures for the
previous three years.
Respectfully submitted,
Kathry A. Campbell , C.A., B.Comm. ,
Treasurer
Robert, den,
Tax Collector
KC:RB:gf
Att:3
CORPORATION OF THE TOWN OF NEWCASTLE
Investments Outstanding
As of MARCH 31, 1984
INTEREST DUE
INVESTMENT PLACED WITH AMOUNT RATE TERMS DATE
1. Victoria & Grey Trust $1,500,000 9 1/4 61 Apr.
2/84
2.
3.
4.
5.
6.
7 .
8.
9.
10.
N.B. April 2 above renewed to June 29th @ 9.5%
CORPORATION OF THE TOWN OF NEWCASTLE
TAXES RECEIVABLE
PART I
Quarterly Comparative Report - Current Year
Taxes Levied % Collected Previous Years
Date to Date Unpaid of Current Levy Taxes Unpaid TOTAL
March
31/84 3,654,830 - 104 1,464,776 1 ,464,776
PART II
Analysis of Previous Years Taxes Unpaid
Year I Year II Year III
Realty Business Realty Business Realty Business Total
1983 836,437 111,628 3,723 42,053 182,767 10,886 1 ,556,085
1982 660,411 66,040 234,040 16,938 109,212 1,871 1,089,230
1981 493 ,216 40,438 204,911 11,354 78,457 2,622 830,998