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HomeMy WebLinkAboutTR-31-81 IV CE`� Memorandum TO: Chairman & Members of the Finance & Administration Committee FROM: Klaas Degroot, C.G.A. , Treasurer DATE: May 12, 1981 SUBJECT: Activity Report - Cash Management FILE: TR-31-81 Recommendation: "Receive for information" Report: Appended hereto please find schedules reflecting the following: 1. Cash Transactions for March 1981. 2. Continuity of Taxes Receivable March 1981. 3. Statistical Information The above schedules show the essentials of departmental activities in the relevant areas. The schedule entitled "Cash Transactions" will show when relevant, the appropriate information related to investments and borrow,i n s. K. Degroot. CASH TRANSACTIONS March 1981 Cash Balance - Feb. 28, 1981 $ 2,902,900. Receipts - Taxes $ 195,400 Grants-In-Lieu (Bell Can) 94,600 Intererst - Reserves - Other - Other 239,700 529,700 Total Cash Available - 3,432,600 Disbursements - Debt Charges $ 8,700 Payroll 131,500 Accounts Paid 394,500 Interest - Levies - Region 487,400 Schools 1,424,600 2,446,700 CASH BALANCE $ 985,900 FUNDS INVESTED 200,000 94 days @ 16.60 785,900 daily @ 14.50 FUNDS BORROWED Reserves - Bank - CONTINUITY OF TAXES RECEIVABLE March 1981 Balance Receivable - Feb. 28, 1981 $ 710,600 Additions: Penalties & Interest $ 13,600 Taxes Billed 1,600 15,200 725,800 a Reductions: Payments Received 195,400 -Balance Receivable - March 31, 1981 $ 530,400 STATISTICAL INFORMATION March 1981 Payment Received - Taxes. . . . . . . . . . . . . . . . . . . . . . . . . 882 - Other. . . . . . . . . . . . . . . . . . . . . . . . . 696 Tax Certificates Issued. . . . . . . . . . . . . . . . . . . . . . . . . . 112 Accounts Payable Cheques Issued. . . . . . . . . . . . . . . . . . 927 Dog Licenses Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 192 Burial Permits Issued. . . . . . . . . . . . . . . . . . . . . . . . . . . . 16