Loading...
HomeMy WebLinkAboutTR-59-85 ~— ' FF11e CORPO �l�K��� | ��� lF��� ���� NEWCASTLE RATION`4 v��U THE|k_ f«.-���|-� v`�U | `�����/�./^�� U K-K_ TREASURY DEPARTMENT x. CAMPBELL, C.A, TREASURER 4o TEMPERANCE STREET TeL.(4}6) 623-337e eOvVMxNv|LLe. 0NTAR0 LIoaxs REPORT TO THE GENERAL PURPOSE AND ADMINISTRATION COMMITTEE MEETING OF SEPTEMBER lh, 1985 REPORT N0. : TR-50-85 SUBJECT: CASH ACTIVITY REPORT - AUGUST 1905 It is respectfully recommended that the General Purpose and Administrative Committee recommend to Council the following: l. That, in OCC0rddUCe 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 T0ND of Newcastle for the month ended August is as shown on the attached SCh8dUl8^^ and 2. That the expenditures for the month of August 1985 be COnfimed. / BACKGROUND AND COMMENTS: The attached schedules indicate the Corporation Of the Town of Newcastle' s cash transactions, the cash and iDVSSt08Ot position, lot levy information and statistical fnfOnDatiOn for the month ended August 31Dt 1985 and the comparative information for the month ended August 31St 1984. Respectfully submitted, Alk �,�dthryn A. Campbell , C.A. 8.000m. , �r /f Treasurer , KAC:RCB:gf Y85-AR-2 CORPORATION OF THE TOWN OF NEWCASTLE Analysis of Cash Position for the Month of August 1985 1985 1984 CASH on Hand at July 31 1985 $8,9231027 $ 75,069,158 Total Cash for General Operating and Reserve Fund Purposes: Taxes .. . . . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . 305,768 23711014 Grants .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - Interest .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 62,612 23,481 General . . . . . . . . . . .. . . . . . . . . . . . . . . . . . . . . . . 63,235 51 $ 63 Other .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 191 ,682 305,758 Total Cash Available .. .. . . . . . . . . . . . . . . . . . . . $ 9,546$ 24 $7,686,774 USE of funds Expenditures Debt Charges .. . . . . . . . . . . . . . . . . . . . . . . . . . . . 27,955 38,538 Payroll .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 2121,170 205,203 General . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 537,553 883 ,670 Interest .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . - - Levies - Region .. . . . . . . . . . . . . . . . . . . . . . . . . 852,252 802,173 - Schools ... . . . . . . . . . . . . . . . . . . . . . . - - 1 ,629,930 1 ,929$ 84 CASH on Hand as at August 31 , 1985 $7,916,394 $5 ,757,190 ANALYSIS as follows Cash .. . . . . . . . . . . . . . . . . .. . . . . . . . . . . . . . . . . . $2 ,1665,394 $ 757,190 Investments ... . . . . . . . . . . . . . . . . . . . . . . . . . . . 5,750,000 5,000,000 $7,916,394 $5,757,190 CORPORATION OF THE TOWN OF NEWCASTLE CONTINUITY OF TAXES RECEIVABLE for the Month of August 1985 1985 1984 Balance Receivable - July 31 , 1985 $1 ,468,024 $1 ,815,876 Additions: Penalties & Interest .. . . . . . . . . . . . 21,711 26,616 Taxes Billed . . . . . . . . . . . . . . . . . . . . . 101,635 50,096 1 ,591 ,370 1,892 ,588 Reductions: Payments Received .. . . . . . . . . . . . . . 3051,768 237,014 Balance Receivable - August 31 , 1985 $1 ,2851,602 $1 ,655$ 74 STATISTICAL INFORMATION for the Month of August 1985 Payment Received - Taxes 702 - Other 959 Tax Certificates Issued 120 Dog Licenses Issued 96 Burial Permit Issued 12 Accounts Payable Cheques Issued 855 Cheque # 4354733 to 4355024 4509089 4509368 44055 44066 32883 33159 CORPORATION OF THE TOWN OF NEWCASTLE Investments Outstanding As of August 31 , 1985 INTEREST DUE INVESTMENT PLACED WITH AMOUNT RATE TERMS DATE a)Continental Bank $ 750,000 9.05% 46D Sept.30/85 b)Continental Bank 11,5005,000 9.10% 52D Sept.30/85 e)Continental Bank 750,000 9.10% 31D Sept.30/85 c)Continental Bank 500,000 10.60% 181D Sept.30/85 f)Continental Bank 500,000 10.40% 185D Oct. 31/85 g)Continental Bank 750,000 9.70% 184D Nov . 29/85 h)Continental Bank 1,000,000 9.35% 185D Feb. 28/86 $5,750,000 U1 CORPORATION OF THE TOWN OF NEWCASTLE Lot Levies for the month of August 1985 NAME LOCATION AMOUNT DESCRIPTION FOSTER CREEK Parcel 29-1, Conc 1 $9,375.00 Lot Levy due prior to the DEVELOPMENTS Part 2, Plan 1OR-535 issuance of bldg. permit Pt. Lt. 29 & 30, Town for lst dwelling unit. of Newcastle B. NIKLAUS Pt. Lot 26 $625.00 Land Division Application Conc 6, Clarke (LD 208/75) Township