HomeMy WebLinkAboutTR-80-84 / o
i
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 17, 1984
REPORT NO. : TR-80-84
SUBJECT: ACTIVITY REPORT - AUGUST 1984
RECOMMENDA'T'ION:
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 August is as shown on the attached schedule;
and
2. That the expenditures for the month of August
1984 be approved.
1h
TR-80-84 - 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
August 31st 1984.
Respectfully submitted,
John R. Blanchard,
Deputy-Treasurer
JRB:RCB:gf
R84-AR-2
CORPORATION OF ME 'I NN OF NEWCASTLE
Analysis of Cash Pbsition
for the Month of August 1984
CASH on Hand at July 31, 1984 $7,069, 158
Total Capital for General Operating Purposes
Taxes 237,014
Grants -
Interest - Reserves 23,481
General 51,363
Other 305,758
Total Cash Available $7,686,774
USE of funds
General Expenditures
Debt Charges 38, 538
Payroll 205,203
General Fund 883,670
Interest -
Levies - Region 802,173
- Schools
$l$929,584
Reserve and Reserve Funds
Expenditures
CASH on Hand as at August 31, 1984 $5,757,190
ANAY SI S as follows
Cash $ 757,190
Investments 5,0000000
$5,757,190
CASH POSITION for the SAME PERIOD
for the PRIOR YEAR $4$6189220
OOR.PORATION OF ZIP T(M CF NMUAS`1LE /
OCNrIMJITY CF TAXES PJMIVAELE
for the Month of August 1984
Balance Receivable - July 31, 1984 $1,815,876
Additions: Penalties & Interest 26,616
Taxes Billed 50,096
1,892,588
Reductions: Payments Received 231,014
Balance Receivable - August 31, 1984 $1,665,574
STATISTICAL 114KINMION
for the Dbnth of August 1984
Payment Received - Taxes 515
- Other 945
Tax Certificates Issued 73
Dog Licenses Issued 177
Burial Permit Issued 16
Accounts Payable Cheques Issued 798
Cheque # 8,100,122 to 8,100,405
8,269,332 8,269,547
43,852 43,870
28,941 29,229
ice)
CORPORATION OF TM U NN OF NEWA.SILE
Investments Outstanding
As of August 31, 1984
INTEREST DUE
INVESDUNr PLACED WI'1H AMOUNT RATE TERMS DATE
1. Victoria & Grey Trust Co. $2,000,000 11.75 80 D Sept 28
2. Victoria & Grey Trust Co. $1,000,000 11.00 60 D Oct 30
3. Victoria & Grey Trust Co. $2,000,000 11.25 75 D Nov 14
4.
5.
6.
7.
8.
9.
10.