HomeMy WebLinkAboutTR-69-84 �Cb)
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 SEPTEMBER 4, 1984
REPORT NO. : TR-69-84
SUBJECT: ACTIVITY REPORT - JULY 1984
RECOMMENDATION:
It is respectfully recommended that the General Purpose and
Administrative 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 July 1984 is as shown on the attached
schedule; and
2. That the expenditures for the month of July
1984 be approved.
yj
TR-63-84 - 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
July 31, 1984.
Respectfully submitted,
John R. Blanchard,
Deputy-Treasurer
JRB:RCB:gf
R84-AR-2
i
CORPORATION OF M-IE UNN OF NEWCASTLE
Analysis of Cash Pbsition
for the Nbnth of July 1984
CASH on Hand at June 30, 1984 $5,408,830
Total Capital for General Operating Purposes
Taxes 1,538,826
Grants 489,000
Interest - Reserves 14,818
General 6, 141
Other 735,934
Total Cash Available $9,193,549
USE of funds
General Expenditures
Debt Charges 26,164
Payroll 237,901
General Fund 860,326
Interest -
Levies - Region -
- Schools
$1,124,391
Reserve and Reserve Funds
Expenditures
CASH on Hand as at July 31, 1984 $7,069,158
ANAY S I S as follows
Cash $2,069,158
Investments 5,000,000
$7,069,158
CASH POSITION for the SAME PERIOD
for the PRIOR YEAR $5,607,343
CORPORATION OF T-IE TON OF NEWCASTLE /
OCNrINUITY OF TAXES RF]MMAME
for the Month of July 1984
Balance Receivable - June 30, 1984 $3,326, 527
Additions: Penalties & Interest 28, 175
Taxes Billed -
3,354,702
Reductions: Payments Received 1,538,826
Balance Receivable - July 31, 1984 $1;815;876
SMISTICAL IMUME ON
for the Abnth of July 1984
Payment Received - Taxes - 3,477
- Other 1,001
Tax Certificates Issued 147
Dog Licenses Issued 350
Burial Permit Issued 8
Accounts Payable Cheques Issued 901
Cheque # 7731254 to 7731551
7927392 7927617
43825 43851
28460 28940
ODEPORATION OF UIE ILM OF Pa WCASME
Investments Outstanding
As of July 31, 1984
INTEREST DUE
INVESDIENr PLACED WITH AMDUNr RATE TERMS DATE
1. Victoria & Grey Trust $1,000,000 11.25% 31 D Aug.31/84
2. Victoria & Grey Trust $2,000,000 11.625% 53 D Aug.31/84
3. Victoria & Grey Trust $2,000,000 11.75% 80 D Sept.28/84
4.
5.
6.
7.
8.
9.
10.